Thu.Sep 15, 2022

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Patagonia Founder Gives Away the Company to Fight Climate Change

NYT M&A

Yvon Chouinard has forfeited ownership of the company he founded 49 years ago. The profits will now be used to fight climate change.

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Connected revolution: The future of US auto insurance

Mckinsey and Company

Autonomous mobility has the potential to dramatically transform the automotive insurance market, from underwriting to claims and beyond.

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What Is Surprise Billing IDR?

ThomsonReuters

QUESTION: We’ve heard that group health plan claims for certain services must be resolved under federal IDR rules. What is IDR, and what claims does it apply to? ANSWER: The No Surprises Act (included in the Consolidated Appropriations Act, 2021 (CAA)) protects individuals from surprise bills for certain out-of-network services (see our Checkpoint article ), and establishes an independent dispute resolution (IDR) process under which out-of-network providers and health plans may resolve disput

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Why digital trust truly matters

Mckinsey and Company

Consumer faith in cybersecurity, data privacy, and responsible AI hinges on what companies do today—and establishing this digital trust just might lead to business growth.

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How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

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Did VCs overpay during the pandemic?

Equidam

Being a VC is not easy. It’s one of the few jobs with minimal feedback on your performance for up to a decade at a time. You screen a tremendous number of startups, pick a handful, and hope a few of those will grow up to become unicorns. Your job is to pick well, but the results of your selection aren’t apparent until many years later. You are asked to estimate how well a startup will do, in order to ascertain a fair and attractive price – while knowing that being left out of one or

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Appraisal Foundation, Like Khloe Kardashian, Rattled Tin Cup for PPP Alms

Appraisers Blog

Yet it applied for $270,706 in PPP relief intended to aid small businesses, such as the mom-and-pop appraisal shops coerced at the state level into participating in the foundation’s privately run regulatory regimen… Wearing a scoop-neck black catsuit from her brand’s High Shine Compression line, media personality Khloé Kardashian, whose net worth has been reported at $60 million, turned heads recently at Kendall Jenner’s 818 Tequila launch party in Malibu.

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Are Your Risk-Management Practices Keeping Up With the Times

Machen McChesney

Risks abound in today’s uncertain marketplace. Nearly two-thirds of senior finance leaders said that the volume and complexity of corporate risks have changed “mostly” or “extensively” in the past five years, according to a new report published by the American Institute of Certified Public Accountants (AICPA) and North Carolina State University.

Finance 82
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Adobe Agrees to Buy Figma, a Design Platform, for $20 Billion

NYT M&A

The acquisition comes as deal-making in the United States cools and technology company valuations fall amid rising fears of a possible recession.

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Exam Coming Up? 6 Reasons to Adopt Risk, Compliance & Vendor Management Software Now

N Contracts

When?regulatory?exams are looming on your horizon,?you might want to put off the implementation of a new solution for your?risk, compliance, and vendor management?programs.?After all, rolling out a new solution takes time, and your focus is your next exam, right?

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Global Economics Intelligence executive summary, August 2022

Mckinsey and Company

Growth moderates globally in an inflationary environment; the US Federal Reserve emphasizes its tightening course; Europe faces near-term energy volatility.

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

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Adani-Holcim: Cementing The Future!

National Law Review M&A

Aarathi Das Harman Khorana Afaan Arshad Nishchal Joshipura Jurisdiction: India Type of Law: Corporate & Business Organizations Mergers & Acquisitions Tax Global Special highlight:

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How effective boards approach technology governance

Mckinsey and Company

As technology’s strategic importance to the business expands, management needs stronger board guidance. Four engagement models have proven useful.

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Investors on edge before $15bn debt sale to fund Citrix buyout

Financial Times M&A

Low demand for bonds and loans is Wall Street ‘canary’ as inflation risks rock capital markets

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Playing offense to create Nordic sustainability champions

Mckinsey and Company

Nordic companies are uniquely positioned to lead the world in combating climate change, potentially creating a Nordic Silicon Valley of sustainability.

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Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

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Deals Rumor Mill: Flow, Tencent, Metro Pacfic

Law 360 M&A

Adam Neumann took a rare step to help nab $350 million in venture capital money for his new rental apartment startup, Tencent Music could price its IPO very soon, and a Philippines-based toll road operator is preparing a $500 million IPO. Here, Law360 breaks down these and other deal rumors from the past week that you need to be aware of.

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How to build geopolitical resilience amid a fragmenting global order

Mckinsey and Company

Organizations need to strategically invest in capabilities, people, processes, structures, and technology to navigate the risks arising from an evolving and fraught geopolitical landscape.

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Adobe to buy design company Figma for $20bn

Financial Times M&A

Deal is part of software giant’s plan to bolster its creative tools offering

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The green IT revolution: A blueprint for CIOs to combat climate change

Mckinsey and Company

Research shows that the most impact on IT-generated emissions can be found in unexpected places.

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Fosun: sell the trophy assets first

Financial Times M&A

Data suggest the highly indebted Chinese conglomerate is in a bad place

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How the apparel industry can ADAPT to inflation

Mckinsey and Company

High inflation is a challenge, but ADAPTing an agile pricing strategy can help retailers and brands control costs, protect margins, and retain customer loyalty.

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How Common is Insider Trading? Evidence from the Options Market

Reynolds Holding

The U.S. Securities and Exchange Commission (SEC) brought 51, 30, and 33 insider trading cases in 2018, 2019, and 2020, respectively. Whether those numbers mean that insider trading is relatively uncommon or that the cases regulators and prosecutors have pursued are just the tip of the iceberg is difficult to determine and poses a challenge for studying insider trading.

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Harnessing volatility: Technology transformation in oil and gas

Mckinsey and Company

Digital technologies can help oil and gas CEOs and leaders cut costs, boost output, and reduce carbon emissions. Here are five big ideas to make them work at scale.

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The Hollywood Merger That Could Reshape Soccer’s Transfer Market

NYT M&A

As two behemoths join forces against boutique agencies in the fight for control and commissions, some fear profits could come before players.

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Where the world’s largest companies stand on nature

Mckinsey and Company

While Global 500 companies increasingly recognize the importance of nature, few companies have established nature-related commitments outside of carbon.

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Reach Your Value Creation Goals to Exit with Value Scout’s Exit Modeler

Value Scout

For most entrepreneurs, their business represents the largest asset they own, and they generally work with their financial planners to craft a retirement plan. But what about value? How much annual growth do you need to hit your retirement goal? With Value Scout’s Exit Modeler , you can set actual targets to work toward that magic number. Entrepreneurs and their advisors use Value Scout to connect growth strategies to future value creation.

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The green IT revolution: A blueprint for CIOs to combat climate change

Mckinsey and Company

Research shows that the most impact on IT-generated emissions can be found in unexpected places.

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Comfort letters make your CPA uncomfortable

Henry Horne

Have you applied for a loan recently? Or tried to refinance an existing loan? Increasingly, it appears lenders and mortgage brokers are requesting information from you as the borrower, to request of us, your CPA. We call these comfort letters, though in actuality the proper term is verification letters. Don’t miss: Look at the size … Keep Reading.

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Author Talks: Bill George sets a course for ‘true north’

Mckinsey and Company

Former Medtronic CEO Bill George guides emerging business leaders through the management transition of a lifetime.

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Boeing Says NC Fund Ransomed Plane Parts With Price Surge

Law 360 M&A

The Boeing Company lambasted its would-be business partner in federal court Wednesday for allegedly coercing a supply contract under false pretenses, saying a private investment fund bought one of its parts makers only to renege on the existing deal and jack up prices by more than 300%.

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Baptism by fire: Talking with Zopa’s Jaidev Janardana

Mckinsey and Company

The UK fintech’s CEO shares lessons from launching a bank during a pandemic, pulling the plug on the company’s founding product, and adapting its business model.

Banking 61
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Benchmark International has Successfully Facilitated the Transaction Between Metaphase Design Group, Inc. and Aptar Pharma

Benchmark Report

Metaphase Design Group, Inc. is a leader in applying the science of human factors engineering and ergonomics to product design. Metaphase incorporates various areas of specialization in their User-Centered Design Innovation Process, combining them with extensive expertise in Industrial Design and Human Factors research and support.

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Preparing to Choose Your SOX Operating Model: Three Key Steps

Audit Board

Your organization’s SOX operating model is the core of your SOX program. Accordingly, your choice of operating model has a massive impact on your ability to plan and execute an efficient, effective, high-quality SOX program. What steps should you take when choosing your operating model? And how can you validate whether your selected operating model continues to be the appropriate fit for your organization as it matures?

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Court Calls Into Question Key Portions of ACA Preventive Services Mandate

ThomsonReuters

Braidwood Mgmt. Inc. v. Becerra, 2022 WL 4091215 (N.D. Tex. 2022). In a case challenging the preventive health services mandate of the Affordable Care Act (ACA), a federal trial court has held that a key portion of the mandate violates the U.S. Constitution and that requiring plan coverage of HIV preexposure prophylaxis (PrEP) violates the Religious Freedom Restoration Act (RFRA).

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What business leaders are getting wrong about quiet quitting

Vested

There are tons of articles and LinkedIn threads proclaiming that quiet quitting is a new and insidious trend which has the power to wreak serious havoc on businesses around the world.

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