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Nebraska auditor: Financial wrongdoing in local governments seems ‘increasingly commonplace’
LINCOLN — After Nebraska State Auditor Mike Foley issued a recent statement exposing alleged financial improprieties involving several local governments, he said his office faced a surge of callers requesting probes of their towns, too. State Auditor Mike Foley (Courtesy Nebraska State Auditor’s Office) It’s a common response, Foley said, after news hits of a…
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As New College’s financial oversight unraveled, critics were removed
Two former top finance officers at the New College Foundation say they were ousted in 2023 after pushing back against college administrators who sought to use donor-restricted funds to cover President Richard Corcoran’s salary and benefits — a move they said would violate the terms of the donations.Ron McDonough, the foundation’s former director of finance,…
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Tariffs prompt raft of corporate finance responses
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. The Trump administration’s tariffs on imported materials and goods are having real, immediate effects on U.S. companies, forcing them into an assortment of mitigating strategies. Almost two-thirds (65%) of the 678 executives who participated in the latest…
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Tariffs prompt raft of corporate finance responses
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. The Trump administration’s tariffs on imported materials and goods are having real, immediate effects on U.S. companies, forcing them into an assortment of mitigating strategies. Almost two-thirds (65%) of the 678 executives who participated in the latest…
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TOMI appoints new Chief Financial Officer
TOMI Environmental Solutions, Inc. a global company specializing in disinfection and decontamination solutions, has announced the appointment of David Vanston as Chief Financial Officer, effective 30 May, 2025. Mr. Vanston brings more than 25 years of international financial leadership experience across the life sciences, manufacturing, and technology sectors. He has held senior finance roles at…
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Korea Finance For Construction Earns Rating Upgrade From Fitch
What’s going on here?Korea Finance for Construction just received an upgrade from Fitch Ratings, jumping from an A to an A+ rating, due to its increasing importance in South Korea’s construction sector.What does this mean?Fitch’s upgrade of Korea Finance for Construction sheds light on the company’s pivotal role in South Korea’s infrastructure landscape. Its ‘very…
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Stock market today: S&P 500, Dow, Nasdaq futures slip with US and China set to reboot trade talks
US stock futures trod water on Monday ahead of renewed US-China trade talks in London, as investors watched for signs either side is willing to dial down tensions and reach a tariff deal. S&P 500 futures (ES=F) were little changed after the broad benchmark edged above 6,000 to notch its highest close since February.…
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From silos to strategy — Aligning Finance and Procurement for competitive cash flow management and liquidity (free download)
Most companies still manage cash flow as a finance-only function — balancing payables, forecasting liquidity and managing capital costs. But what’s often missing is a full view of what’s driving those cash flows earlier in the process: purchase requests, supplier terms, invoice exceptions and early-payment strategies. That’s where procurement comes in — or rather, should…
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IFAD advocates to boost innovative finance for coastal communities to protect the world’s oceans
©IFAD/Robert Maass. Governments, multilateral organizations and private sector actors must urgently scale-up innovative ways to drive finance to small-scale fishermen and coastal communities to boost the sustainability of their fishing practices and build their capacity to protect marine ecosystems while being able to earn a decent living. This is the message that leadership at the…
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UK financial regulator partners with Nvidia in AI ‘sandbox’
LONDON -Financial firms in Britain will be able to test artificial intelligence tools later this year in a regulatory “sandbox” launched on Monday by the country’s financial watchdog, part of a broader government strategy to support innovation and economic growth. The Financial Conduct Authority (FCA) has partnered with U.S. chipmaker Nvidia to provide access…
