President Donald Trump‘s approval rating has been slipping as Americans sour on his handling of the economy. Is it one more divide between Wall Street and Main Street with stocks still sitting near record highs and corporate profits strong? Not exactly, according to the results of the latest CNBC CFO Council Survey. The C-suite and…
Elon Musk’s AI Company, XAI, now has a new chief financial officer: former Morgan Stanley Banker Anthony Armstrong, Financial Times InformedCiting anonymous sources. Armstrong, who advised Musk during the first Twitter deal, would oversee both XAI and X, which was merged in April. The former banker has been working with XAI for several weeks and…
With the Securities and Exchange Commission now pursuing President Trump‘s request to consider a rule that ends the mandate that public companies file quarterly reports, there’s a lot to gain for companies in time and money, and a lot for the Big Four accounting firms to lose. Trump originally proposed a switch to semi-annual reporting…
