Smile – your face is becoming a path for payments. Apple and Android digital wallets are common tools for consumer payments, but they’re also increasingly intertwined with identification in an era where identities are digital and tied to biometric data. “Essentially, your face becomes your wallet,” said Prashant Sharma, JPMorgan Chase’s global head of product,…
Dive Brief: North American companies increased salaries for finance-related roles by an average of 6% over the past 12 months amid heightened competition for skilled talent, according to Controllers Council, a professional association. Executives received the largest average increases at 6.7%, followed by directors at 6.2%, managers at 5.9% and clerical and administrative staff at…
ExxonMobil Holdings CFO Neil Hansen is one of thousands of letter writers who have weighed in on the Securities and Exchange Commission’s proposal that would allow public companies to opt out of the current quarterly reporting filing requirements. His signed 11-page letter on the oil giant’s letterhead is notable not only because Hansen is the…
A welcoming sign at President Donald J. Trump International Airport in West Palm Beach, Florida, July 9, 2026. Marco Bello | Reuters The airport in West Palm Beach, Florida, has officially been renamed after President Donald Trump, the first time an airport has been named after a sitting U.S. president. Effective Thursday, the facility will…
KRIS NARAYANAN: A rep for sure is not going to remember what they said to you last year. But now AI-enabled reps can actually remember what was proposed to you last year that you may have accepted or rejected so that they can personalize what’s presented to you. MATT WOOD: The number one question that…
Welcome to Eye on AI. Beatrice Nolan here. In today’s issue: Amazon’s CTO on the AI coding revolution. All the news from AI for Good. SpaceXAI launches Grok 4.5. And OpenAI says a key benchmark is broken. I’ve been on the ground in Geneva this week at the UN’s AI for Good Summit. The Summit…
Editor’s note: Lynlee Brown is a partner in global trade at Ernst & Young based in San Diego. Views are the author’s own. As the U.S. tariff and refund environment and processes evolve, how companies handle their specific situations at the outset could have complex and potentially irreversible downstream implications. A lack of cross-functional coordination, inconsistent…
Mercer Global Advisors is suing a former employee, alleging she stole confidential client information in their move to a competitor and that the promises she’d abide by employment agreements with Mercer were “completely hollow.” Mercer filed the suit in Missouri state court this week against Jeannie Seabaugh and Brand Asset Management Group, where Mercer claims…
The Securities and Exchange Commission today issued a request for public comment on exchange-traded funds (ETFs) seeking to invest in innovative asset classes or engage in novel investment strategies. The request focuses on ways to facilitate innovation in the ETF space while protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation. “Innovation…
On July 6, Cathie Wood was busy with her Ark empire, selling several positions and buying others. One particularly notable trade reported on the day was Advanced Micro Devices (AMD +0.37%). Through Ark Innovation, Wood sold over 15,000 shares of AMD, which were valued at more than $8 million. That may seem like a cause…