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CVS Health appointed former UPS CFO Brian Newman as Chief Financial Officer on May 12, with a base annual salary of $1 million, a 150% cash bonus opportunity, and $7 million in annual equity awards. This move is the latest leadership adjustment amid financial challenges and pressure from activist investors, and the company also appointed a new Chief Medical Officer.

Since Trump returned to the White House in January 2025, U.S. trade policy has evolved rapidly under the impetus of tariffs. This article compiles charts of tariffs in effect, trade investigations, negotiated agreements, and potential tariff threats, with particular attention to the uncertainty in policy direction after the Supreme Court struck down tariffs based on the International Emergency Economic Powers Act.

Macy's disclosed in its latest securities filing that due to accounting errors in 2023 that inflated EBITDA, the company decided to recover over $600,000 in executive bonuses and simultaneously announced leadership changes including a CFO transition.

The Georgia Senate passed new legislation Wednesday evening offering an alternative route to becoming a CPA that does not require 150 hours of college credit; Indiana passed a similar bill Thursday afternoon. According to the Minnesota Society of CPAs, at least seven states have relaxed CPA licensure requirements so far this year. The Georgia bill still awaits the governor's signature and is expected to take effect on January 1, 2026.

FASB on Tuesday issued a four-page educational paper clarifying the presentation and disclosure requirements for retainage (also known as holdback or retention) in construction contracts under Generally Accepted Accounting Principles (GAAP). The paper does not modify or change GAAP standards but supplements the application of Topic 606 to typical construction contracts and addresses questions raised by the Private Company Council and stakeholders.

Just Salad's former CFO, Stefan Boyd, has filed a lawsuit in the Manhattan Supreme Court in New York, seeking $1.2 million. The complaint states that after he left in 2023, the company completed a $200 million funding round in February 2024, reaching a $1 billion valuation, which should have triggered the payment under the separation agreement, but the company refused, citing technical clauses. Boyd is also seeking an additional $5 million in damages.

Analysis by venture capital firm Norwest Venture Partners shows that as finance teams face growing pressure and outdated tools, the number of software products targeting the CFO office has surged in recent years, with tech vendors viewing this area as an attractive market. The rapid rise of AI has accelerated the evolution of the CFO software stack, with the global market size already exceeding 50 billion euros and expected to surpass 100 billion euros by 2028.

The U.S. Securities and Exchange Commission (SEC) voted on Thursday to withdraw its defense of the climate risk disclosure rule in the Eighth Circuit Court of Appeals. Republican lawmakers hailed the decision as a "turning point," but Democratic commissioners and sustainable investment experts strongly opposed it, calling the move "illegal" and harmful to investor interests. Previously, Acting Chairman Mark Uyeda had requested a postponement of the debate and questioned the rule's statutory authority.

Tesorio introduced Supplier Portals Agent on Thursday, an agentic AI tool that automatically fills out and submits invoices to supplier portals such as Coupa and Ariba, while monitoring the approval process. The product is designed to address extended DSO caused by missing information, but financial leaders still have concerns about AI transparency and control.

Former Tesla CFO Zachary Kirkhorn led Jolly's $16.5 million Series A funding round, with the platform offering reward points to frontline employees. Kirkhorn will join the board, and the funds will be used to expand product lines and enter new verticals.