Industry News

Accounting

The European Commission’s ruling on Amazon’s tax break from Luxembourg strikes another blow against the tax arrangements of Silicon Valley companies. (CFO)
http://ww2.cfo.com/tax/2017/10/eu-finds-amazons-294m-tax-break-illegal/

Information Systems

Apple is in talks to invest about $3 billion in Toshiba Corp.’s memory chips business as part of a consortium led by Bain Capital. (Industry Week)
http://www.industryweek.com/leadership/tim-cook-weighs-apples-biggest-deal-yet-protect-chip-supply

Supply Chain Management

Manufacturing in the US Expands at Fastest Pace in 13 Years. Robust order growth and healthy production pushed the Institute for Supply Management index to record levels. (Industry Week)
http://www.industryweek.com/economy/manufacturing-us-expands-fastest-pace-13-years

Marketing Analytics

Student loan servicer Navient is moving into loan origination by acquiring financial technology start-up Earnest for $155 million. (CFO)
http://ww2.cfo.com/ma/2017/10/navient-buys-online-lender-earnest-155m/

Finance

Two major mortgage players, Tavant and Black Knight Financial Services, announced they are integrating two of their products. (Housingwire)
https://www.housingwire.com/articles/41358-tavant-and-black-knight-financial-services-announce-product-integration

Business & Management

Robert Falzon ultimately turned an early career termination into a CFO role at Prudential Financial. (CFO)
http://ww2.cfo.com/accounting-tax/2017/09/learned-fired/

Business Analytics

In a recent Deloitte study, 28% of those surveyed reported that their companies have already invested $5 million or more in blockchain technology. (Forbes)
https://www.forbes.com/sites/forbescommunicationscouncil/2017/10/04/recruitment-trends-blockchain-technology-and-technologists/#601ec4fc7143