article thumbnail

Nike Restructures Corporate Leadership In Digital Push

PYMNTS

Nike announced several changes to its senior leadership Wednesday (July 22) as it looks to accelerate digital business and simplify consumer experiences with its Consumer Direct Acceleration (CDA) strategy, according to a press release. “We

article thumbnail

CEOs To Biden: Easy Does It On Regulation, Don’t Raise Corporate Taxes

PYMNTS

The incoming administration of President-elect Joe Biden should avoid the broad-based use of tariffs, re-engage allies and spend more on education — but preserve the President Donald Trump administration's tax and regulation cuts, nearly 300 CEOs assembled for a virtual Wall Street Journal conference said.

Taxes 186
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Democrats Propose Tax On Stocks, Bond, Derivative Deals

PYMNTS

In a move that could negatively impact high-frequency traders, Democrats are bringing forward a plan to tax stock, derivative and bond deals. Peter DeFazio (D-OR) is spearheading the “Wall Street Tax Act of 2019” bill, with U.S. Alexandria Ocasio-Cortez (D-NY) as its lead co-sponsor, CNBC reported. 15), reported Bloomberg.

Taxes 130
article thumbnail

SMBs Losing Hope Over U.S. Tax Reform

PYMNTS

25), found small businesses’ confidence in President Donald Trump’s administration to make good on promises of tax reform have declined. The third-quarter survey also found more small businesses than Q2 expect tax policy to have “no effect” on their businesses (33 percent, up from 40 percent in Q2).

Taxes 100
article thumbnail

Pulling Back The Curtain On Corporate Finance Reports

PYMNTS

Corporate accounting standards are changing, with the Financial Accounting Standards Board adopting new standards in ways companies report on leases, hedging and other financial activity. A recent report from CFO.com shed light on another factor driving accounting and financial transparency within corporate America.

Report 139
article thumbnail

Vayana Lands Funding Amid India’s Tax Reform

PYMNTS

India’s Goods and Services Tax (GST) reform has inspired several FinTechs to help SMEs handle the shift, with the latest being Vayana Network, a trade finance company. The company partners with banks and Mastercard , reports noted, and offers a commercial card solution for businesses to finance their accounts payables.

Taxes 100
article thumbnail

Expedia Reportedly Near Deal To Sell $1B Stake To Silver Lake And Apollo

PYMNTS

Last month, Expedia withdrew its 2020 adjusted EBITDA, or earnings before interest, taxes, depreciation, and amortization, in the wake of the growing impact from the COVID-19 outbreak, which has brought the travel industry to a near halt. “As

Report 150