CFOs face an unpopular choice as business class ticket prices soar: Economy or bust

CFOs face an unpopular choice as business class ticket prices soar: Economy or bust

Business class airline seats are becoming more appealing to everyday travelers who want to splurge on a flight. This is driving up demand and prices. So corporate travel budgets may need a boost in 2023. The CEO of Air France said: “We see a strong new type of customer, which we call a ‘luxury leisure’ … Read more

How the CFOs of Block and CarParts.com are decoding where consumer spending is heading

How the CFOs of Block and CarParts.com are decoding where consumer spending is heading

Good morning. The proverbial consumer has become the central focus of the economy this summer, the key to deciphering the murky outlook ahead. Consumer spending, which makes up 68% of the US economy, is tenuous and poised to decline. So what are companies learning about consumers? With confidence slipping and households growing more cautious about … Read more

Where companies say they will cut budgets first in a softer economy

Where companies say they will cut budgets first in a softer economy

monkeybusinessimages | iStock | Getty Images It’s no secret that companies are reducing their real estate footprint. Even companies still committed to in-office work, but embracing a hybrid model, require less square footage and more use of shared office space. Now as the economy cools, and at least flirts with entering a recession, real estate … Read more

Here’s Why Boards Need To Know About American Airlines’ Tech ‘Glitch’—And It’s Not About Travel.

Here's Why Boards Need To Know About American Airlines' Tech 'Glitch'—And It's Not About Travel.

Getty Images Recent cybersecurity scares and emerging regulation motivated boards to re-think digital risk. While downside fears monopolize attention, strong IT controls serve a second valuable and underappreciated purpose – to help businesses run smoothly. Beyond loss prevention, CFOs and CIOs must also ensure that system designs do not impede “what must go right” for … Read more