article thumbnail

In Construction, Tech Provides The Blueprint To Profits

PYMNTS

There is a sudden surge in construction technology startups, and investors have perked up. Analysts forecasted a 40 percent increase in venture capitalist (VC) funding for construction startups between 2014 and 2017, with investments totaling $375 million last year. trillion global valuation by the end of the decade).

article thumbnail

The Future of Finance and Sustainability with Elizabeth Burns

CFO Talks

Notably, she reversed a decade-long loss at Coca-Cola, doubled profits, and restructured major funding. For example, we recently funded the construction of an emergency wing at a local hospital, ensuring it can serve the community for years to come. Our CSR efforts are guided by defined policies and a dedicated budget.

Finance 98
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

China Drafts Updates To Commercial Bank Regulations

PYMNTS

In August, news surfaced that five of the country’s biggest state-owned lenders saw their largest profit losses in at least 10 years, as defaulted debt has jumped amid the coronavirus. During the first two quarters of 2020, these lenders also put more funds aside in anticipation of loan losses to come.

article thumbnail

On the Primacy of the Consumer-Welfare Standard

CFO News Room

Producers who earn profits have actually produced value; producers who suffer losses have not. Activities that are ‘proven’ profitable are continued and perhaps expanded, while activities that generate losses are halted. But to describe as “productive” this extra hour that Joe spends constructing a table is mistaken.

article thumbnail

The UK Construction Sector’s B2B Payment Practices Crumble

PYMNTS

write off $62 billion in unpaid invoice debt as losses every year. 28) concluded that 55 percent of companies in the construction subcontracting industry feel powerless to influence the payment terms of their contracts with larger construction companies. Late payments are considered an epidemic by some in the U.K.

article thumbnail

Walgreens, Coinbase, Duolingo, Ralph Lauren

CFO News Room

Duolingo – Shares of the foreign language learning platform lost 10% after the company reported revenue below expectations while also posting a smaller-than-expected quarterly loss. following reporting a quarterly loss that was smaller than expected. Beazer Homes — Shares of the home construction company added 4.3%

article thumbnail

Duncan Burgess, Global Finance Director

CFO News Room

He then moved to the security construction technology company ICx Technologies as division controller. This meant everyone felt empowered to make the appropriate decisions to drive the company’s profitability”. “By This provided a great grounding once he took on the Financial Controller role at a division of Kodak. .

Finance 130