The aerospace firm violated its fiduciary duties by using an in-house service provider and affiliated target-date funds, according to the class-action lawsuit filed by plan participants.
One recent study found that tariffs on Canada, Mexico, and China would raise the cost to produce a crossover vehicle by about $4,000, while a U.S.-made EV would jump by about $12,000.
Traditionally seen mostly as guardians of an organization’s financial health, many modern CFOs now take on a broader, more strategic role that extends beyond the confines of finance.
The combination of sticky inflation and weakening economic data has some on Wall Street questioning whether we could be entering stagflationary environment for the first time since the 1970s.
Following a lawsuit alleging “wrongful use” of 401(k) forfeited funds, the banking giant is now being sued by employees over $2.4 million in plan assets that were invested in an in-house stable-value fund.
To emerge from this period of uncertainty stronger than ever, use the tariff delay wisely to build cash reserves, strengthen supply chains, and boost organizational resilience.
Thanks to good trades prior to M&A, credit downgrades, and defaults, the insurers in the top quintile for dealer-network size achieved about 0.84 percentage point higher annual returns on corporate bonds, according to a recent study.
