Hershey Names Finance Veteran Dave Hulays as New CFO
Hershey named finance veteran Dave Hulays as CFO, succeeding Steve Voskuil, as the company navigates cocoa costs and pricing pressure.
CFO Brief
@cfo-brief
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The finance chair's agenda: what it costs to borrow, the cost and spending programs companies announce, and the executives running them.
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Corporate Borrowing Costs Rise, But Most Firms Can Absorb It
PIMCO finds most U.S. corporate borrowers can absorb higher refinancing costs, but CCC-rated issuers risk coupons doubling.
FAMU Rehires Richard Schweigert as Interim CFO Again
FAMU rehires Richard Schweigert as interim CFO amid staffing gaps and years of financial audit turmoil at the university.
Companies Cut Jobs in 2026 to Fund AI Spending Surge
Over 40 major firms including Meta, Amazon, Visa and Oracle cut jobs in 2026 as AI capital spending reshapes corporate cost structures.
Uber Slashes AI Costs as Firms Race to Trim Spending
Uber cuts AI spending while expanding use, part of a broader corporate push to slash costs across tech, food, and retail sectors.
Jim Cramer Warns Investors as Bond Yields Push Borrowing Costs Up
Jim Cramer says stock investors must track bond yields as inflation and AI debt push up corporate borrowing costs.
Klarna Stock Cut to Neutral as CFO, CMO Exit Amid Reset
UBS downgraded Klarna to Neutral after a GMV guidance cut and the exits of its CFO and CMO, with a New York-based CFO search underway.
Corporate Borrowing Holds Firm as US Debt Tops $40T
Corporate borrowing stays strong despite $40T US debt and volatile long-term Treasury yields, Morgan Stanley and other reports show.
OpenAI Slashes GPT-5.6 Prices as Firms Tighten Budgets
OpenAI cut prices on two GPT-5.6 models as businesses grow cost-sensitive, mirroring broader corporate spending and layoff trends.
Bond Sell-Off Pushes Corporate Borrowing Costs to 2007 Highs
A global bond sell-off has pushed corporate and government borrowing costs to their highest levels in nearly 20 years.
Study: Mergers Cut Costs but Rarely Lower Consumer Prices
New research finds company mergers often cut costs but rarely lower prices for consumers, sometimes raising them instead.
CFOs Rise to CEO and Key Roles Across Industries
ConocoPhillips promotes CFO Andy O'Brien to CEO, part of a wider trend of finance chiefs gaining influence and top roles.
JTA Finance Chief Grilled as Council Cites Budget Red Flags
Jacksonville council blasts JTA's new CFO over budget red flags, amid a wider wave of CFO turnover and scrutiny across sectors.
Walmart Sales Growth Slows Despite $2.9B Tariff Refund
Walmart's sales growth slowed on high gas prices, even as a record $2.9B tariff refund will fund new price cuts.
Rising Borrowing Costs Squeeze Firms as Basel Rules Loom
JPMorgan warns Basel III rules may curb small business credit as global bond sell-offs push borrowing costs to multi-decade highs.