Sat.Mar 30, 2024 - Fri.Apr 05, 2024

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SEC Adopts New Rules for Climate-Related Disclosures

Harvard Corporate Governance

Posted by Brian Breheny, Marc Gerber, and Raquel Fox, Skadden, Arps, Slate, Meagher & Flom LLP, on Saturday, March 30, 2024 Editor's Note: Brian Breheny , Marc Gerber , and Raquel Fox are Partners at Skadden, Arps, Slate, Meagher & Flom LLP. This post is based on a Skadden memorandum by Mr. Breheny, Mr. Gerber, Ms. Fox, Caroline Kim , Liz Malone and Jeongu Gim.

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Deal Talks Between Paramount and Skydance Heat Up

NYT M&A

David Ellison, the founder of the Skydance media company, met with Paramount’s board of directors late last month to discuss the deal.

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Members only: Delivering greater value through loyalty and pricing

Mckinsey and Company

Consumer-facing businesses have an opportunity to unlock holistic value. By better integrating their loyalty programs with pricing strategies, they can drive growth in a muddled economic landscape.

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The Ohtani scandal: A look into the IRS investigation

ThomsonReuters

Jump to: The allegations The IRS investigation Ohtani’s response Implications for Ohtani and the Dodgers Broader impact on professional sports Uncovering the truth The Internal Revenue Service (IRS) launched an investigation into the financial scandal involving Shohei Ohtani, the star player for the Los Angeles Dodgers. The probe centers around Ohtani’s former interpreter, Ippei Mizuhara, who has been accused of illegal sports gambling and significant financial theft.

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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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Women in the boardroom

Harvard Corporate Governance

Posted by Kevin Tracey, Karen Edelman, and Karen Bowman, Deloitte Touche Tohmatsu Limited, on Wednesday, April 3, 2024 Editor's Note: Kevin Tracey is Leader of the Global Boardroom Program, Karen Edelman is Senior Editor, and Karen Bowman is US Automotive Leader, Global CXO Program Leader, and Member of the Board of Directors at Deloitte Touche Tohmatsu Limited.

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Steel Products Maker Nucor Acquires Southwest Data Products For $115M

Benzinga

Nucor Corporation (NYSE: NUE ) has acquired Southwest Data Products, Inc. (SWDP), a manufacturer and installer of data center infrastructure, for $115 million. Nucor also launched Nucor Data Systems, a new business unit to cater to the customers in the data center infrastructure industry. SWDP’s offices and manufacturing facility are in San Bernardino, California, and employs about 147 teammates. “We are excited to add SWDP and new.

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More Trending

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A Looming Question for Paramount’s Board: How to Navigate Shari Redstone

NYT M&A

The board of directors has to walk a fine line, looking out for investors without running afoul of Ms. Redstone, the company’s most influential shareholder.

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How Did Corporations Get Stuck in Politics and Can They Escape?

Harvard Corporate Governance

Posted by Jill E. Fisch (University of Pennsylvania) and Jeff Schwartz (University of Utah), on Wednesday, April 3, 2024 Editor's Note: Jill E. Fisch is the Saul A. Fox Distinguished Professor of Business Law at the University of Pennsylvania Carey Law School, and Jeff Schwartz is the Hugh B. Brown Presidential Professor of Law at the University of Utah S.J.

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Why Merchandising & Marketing Services Firm SPAR Shares Are Rocketing Today

Benzinga

SPAR Group, Inc. (NASDAQ: SGRP ) shares are trading higher after the company reported fourth-quarter financial results and announced the sale of its interest in South Africa and Brazil for roughly $22 million. The company reported an adjusted EPS of $0.11, higher than $0.02 a year ago and above the consensus of $(0.01). Sales of $65.10 million beat the consensus of $65.00 million.

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The critical role of commodity trading in times of uncertainty

Mckinsey and Company

As increased commodity trading value pools attract new competition, successful players will differentiate by managing illiquid risks and embracing data-driven trading models.

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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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Insurer Resolution Life To Buy New Zealand Biz For $247M

Law 360 M&A

Resolution Life said on Thursday that its Australasian arm has agreed to buy Asteron Life, an insurer based in New Zealand, for 410 million New Zealand dollars ($247 million), as the global group eyes entry into the country's growing insurance sector.

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DOJ Announces New Whistleblower Program and Enforcement Initiatives

Harvard Corporate Governance

Posted by Louis Gabel, Karen Hewitt and James Loonam, Jones Day, on Wednesday, April 3, 2024 Editor's Note: Louis Gabel , Karen Hewitt , and James Loonam are Partners at Jones Day. This post is based on a Jones Day memorandum by Mr. Gabel, Ms. Hewitt, Mr. Loonam, Jill Hengen , Jordan Matthews , and Hank Walther. In Short The Development: On March 7, 2024, Deputy Attorney General (“DAG”) Lisa Monaco discussed updates to the Department of Justice’s (“DOJ” or “D

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LaPorte CEO and Audit Director Named as CityBusiness MoneyMakers Award Honorees

LaPorte

Eric E. Bosch, CPA, President and CEO of LaPorte CPAs & Business Advisors (LaPorte) and Tracy Tufts, CPA, CCIFP, Director of Audit and Assurance Services,… The post LaPorte CEO and Audit Director Named as CityBusiness MoneyMakers Award Honorees first appeared on LaPorte.

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Comment on We Need a Lobbyist by Mike Ford, AGAâ„¢

Appraisers Blog

In reply to Pat Turner. Agree 100% Pat. Its also a dirrect violation of the Dodd Frank Act. When they can only cite “May be bias, vague or subjective” as a reason it proves they have no specific objection to any individual words. By the way, FNMAs own forms call for subjective ratings using poor, fair, average, good etc. We are supposed to replicate the decision making actions of typical buyers in the markets we serve.

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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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4 Ways To Motivate Junior Attorneys To Bring Their Best

Law 360 M&A

As Gen Z and younger millennial attorneys increasingly express dissatisfaction with their work and head for the exits, the lawyers who manage them must understand and attend to their needs and priorities to boost engagement and increase retention, says Stacey Schwartz at Katten.

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The SEC Climate Disclosure Rule: Separating Signal from Noise

Harvard Corporate Governance

Posted by Miriam Wrobel, FTI Consulting, on Tuesday, April 2, 2024 Editor's Note: Miriam Wrobel is Senior Managing Director and Global Leader of FTI Consulting’s Environmental, Social and Governance and Sustainability practice. This post is based on a FTI Consulting memorandum by Ms. Wrobel, Ben Herskowitz , Alanna Fishman , Todd Rahn , and John Glennon.

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Ensuring the financial sustainability of academic medical centers

Mckinsey and Company

In response to financial pressures, academic medical centers are pursuing efforts to improve their near-term fiscal health. Clinician engagement is crucial to longer-term success.

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Comment on ChatGPT Appraisal Error Sparks Ethics Debate by Baggins

Appraisers Blog

In reply to David. You forgot to capitalize the i. Earlier on, I put a space in front of the period. Speed typing and all. If you are looking for character or posting limitations, perhaps try out Twitter. Fifteen words left… Water water everywhere, not a drop to drink. Can you hear me now?

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Former Minn. Chief Justice Instructs On Writing Better Briefs

Law 360 M&A

Former Minnesota Supreme Court Chief Justice Lorie Gildea, now at Greenberg Traurig, offers strategies on writing more effective appellate briefs from her time on the bench.

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Key Implications of SEC’s Climate-Related Disclosure Rules

Harvard Corporate Governance

Posted by Catherine M. Clarkin, C. Michelle Chen, and June M. Hu, Sullivan & Cromwell LLP, on Monday, April 1, 2024 Editor's Note: Catherine M. Clarkin and C. Michelle Chen are Partners, and June M. Hu is Special Counsel at Sullivan & Cromwell LLP. This post is based on a Sullivan & Cromwell memorandum by Ms. Clarkin, Ms. Chen, Ms. Hu, Robert W.

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CEO priorities: Where to focus as the year unfolds

Mckinsey and Company

Leaders today confront a raft of complexities. Here’s what will matter most as 2024 evolves—and how CEOs can reckon with ongoing disruption successfully.

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ButcherJoseph Promotes Two Professionals to Director

Butcher Joseph & Co.

ButcherJoseph Promotes Rick Hennessey and Robert Reavis to Director. The post ButcherJoseph Promotes Two Professionals to Director appeared first on ButcherJoseph & Co.

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PE Firm Advent Buying Canada's Nuvei In $6.3B Deal

Law 360 M&A

Canadian fintech Nuvei Corp. said Monday it has agreed to be taken private by Advent International through an all-cash transaction that values Nuvei at approximately $6.3 billion, including debt.

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Diversifying demographics of assets under management

Harvard Corporate Governance

Posted by Victoria Tellez and Jessica Pollock, FCLTGlobal, on Thursday, April 4, 2024 Editor's Note: Victoria Tellez is an Associate Director, and Jessica Pollock is a Research Associate at FCLTGlobal. This post is based on their FCLTGlobal memorandum. Related research from the Program on Corporate Governance includes Politics and Gender in the Executive Suite (discussed on the Forum here ) by Alma Cohen, Moshe Hazan, and David Weiss; Duty and Diversity (discussed on the Forum here ) by Ch

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How Dual-Class Shares Can Promote Low-Carbon Innovation

Reynolds Holding

To reduce CO2 emissions, the world needs alternatives to fossil fuels. According to the latest estimates by the International Energy Agency , 35 percent of the green energy required to reach net zero by 2050 depends on technologies not yet on the market. The delay undermines governments’ ability to reduce CO2 externalities through traditional means such as taxes and regulation, because starving people of energy is politically difficult and hard to coordinate internationally.

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Vital signs: Emergency medicine for distressed manufacturing sites

Mckinsey and Company

At some factories, underperformance isn’t just financial—it may also threaten safety, quality, or the environment. An unconventional improvement approach can help these sites regain health and vitality.

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UK Deepens Probe Into Vodafone-Three Telecoms Merger

Law 360 M&A

Britain's antitrust authority said Thursday that it has launched an in-depth probe into plans by Vodafone and Three to merge their U.K. telecommunications networks to create a £16.5 billion ($21 billion) mobile operator after the companies failed to alleviate competition concerns.

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A Deeper Dive into the SEC’s Landmark Climate Disclosure Rules for Public Companies

Harvard Corporate Governance

Posted by Matthew Morreale, Elad Roisman, and Michael L. Arnold, Cravath, Swaine & Moore LLP, on Friday, April 5, 2024 Editor's Note: Matthew Morreale , Elad Roisman , and Michael L. Arnold are Partners at Cravath, Swaine & Moore LLP. This post is based on a Cravath memorandum by Mr. Morreale, Mr. Roisman, Mr. Arnold, John W. White , and Kimberley S.

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Auditing WIP Today

Machen McChesney

External auditors spend a lot of time during fieldwork evaluating how businesses report work-in-progress (WIP) inventory. Here’s why this warrants special attention and how auditors evaluate whether WIP estimates seem reasonable.

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Comment on ChatGPT Appraisal Error Sparks Ethics Debate by Old Man

Appraisers Blog

In reply to GKBNM. Good advice GKNBM. This is a trainee who sounds as if they are being hung out to swing alone—IF it is true. Something is strange about this whole “set-up”???? Trust nobody and depend solely on your gut instincts to survive. I truly hope this is just an April Fools prank and not a sign of the human condition at this period in time.

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The state of cloud computing in Europe: Increasing adoption, low returns, huge potential

Mckinsey and Company

Overcoming the challenges to capturing cloud value, particularly those that are unique to European companies, requires a five-pronged strategy.

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Minutes Are Worth the Minutes: Good Documentation Practices Improve Board Deliberations and Reduce Regulatory and Litigation Risk

Harvard Corporate Governance

Posted by Leo E. Strine, Jr. (University of Pennsylvania), on Thursday, April 4, 2024 Editor's Note: Leo E. Strine, Jr. is the Michael L. Wachter Distinguished Fellow at the University of Pennsylvania Carey Law School; Senior Fellow, Harvard Program on Corporate Governance; Of Counsel, Wachtell, Lipton, Rosen & Katz; and former Chief Justice and Chancellor, the State of Delaware.

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2024 Q2 Tax Calendar: Key Deadlines for Businesses and Employers

Machen McChesney

Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements.

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Comment on ChatGPT Appraisal Error Sparks Ethics Debate by Spencer Paul

Appraisers Blog

Anybody that’s choosing a 10-year-old boilerplate comment is in jeopardy of a lot of issues. it doesn’t mean that they’re doing anything wrong, however, you might want to review them with any changes of laws, Fannie Mae requirements, etc. But it doesn’t make them wrong.