JPMorgan Chase & Co. announced that Chairman and CEO Jamie Dimon had to undergo emergency heart surgery. An emergency medical situation – or worse – impacting the person in the CEO role can forever damage a company, a scare that no board wants to deal with. But they can prepare, just in case.
The CBOE sought to prevent high frequency traders from profiting off of stale prices by adding a 4-milisecond delay in certain trades within an exchange. The SEC denied the request, potentially slowing the push for similar initiatives.
Global manufacturing is expected to feel the impact of the spread of the coronavirus — not the least because China is a far larger exporter than it was during the 2003 SARS virus outbreak, according to The Wall Street Journal.
BlackRock, the largest asset manager in the world, threw its weight around recently. Chairman and CEO Larry Fink wrote a letter to CEOs in January explaining BlackRock’s further divestment from the fossil fuel industry. He said BlackRock would hold companies and directors accountable when they don’t address sustainability and climate change.
Is the United States ready for “private techquity”? That’s the name a consulting company gave to the adoption of technology in private equity, including machine learning and data-heavy databases.
Two IPO experts share advice for private equity leaders ahead of going public. They also discuss popular types of IPOs, the trend of direct listings, and why super shares are bad for companies in the long term.
The shifting attitude of regulators has been welcome news for the industry after the roll-out of the Dodd-Frank Act in 2010, the most significant financial law in decades.
The federal government and the states just can’t seem to agree these days. Two major areas of disagreement are the legal status of marijuana and the issue of the environment.
It’s no secret that corporations globally plan to spend a significant amount on digital transformations in the next few years. But how much? And exactly what are they spending money on?
The modern age has entered a technological boom phase. But what could happen to technology companies if the U.S. or the world falls into a recession?