Higher interest rates are putting more pressure on companies to free up cash from their operations, a cheaper option than relying on credit.
Bed Bath and Beyond’s late finance chief Gustavo Arnal, who died by suicide in September, has been dropped from a shareholder lawsuit that had accused him of colluding with activist investor Ryan Cohen to artificially inflate the struggling home-goods retailer’s share price.
The interest-rate differential between the U.S. and other countries provides finance executives with funding opportunities. Georgia-based insurer Aflac generates about 70% of its revenue in Japan.
Dentsply Sirona Inc. plans to restate its earnings and strengthen controls around financial reporting after wrapping up an internal investigation that delayed its quarterly filings for months and put the dental-products maker at risk of delisting.
Red Robin hired a new CFO to succeed Lynn Schweinfurth, who plans to retire. The burger chain is set to report earnings on Wednesday.