What a Montauk Retreat Reveals About the Future of Dealmaking

Key insight: Three large banks waited years before filing suspicious activity reports on Jeffrey Epstein, even though they are required to do so within 30 to 60 days of detection. Supporting data: A bank must file a report to the government if it knows or has reason to suspect that a transaction has no business…

Puzzle announces AI Suite for month-end close; MyCPE One announces CPE Wallet for automating CPE management; Sam’s List rolls out Concierge Launch; and other accounting tech news and updates.

Listen to the article 13 min This audio is auto-generated. Please let us know if you have feedback. For years, many CFOs built their reputations solely by delivering results. Success in their role and the perception of it among their peers was measured by financial performance. That type of strong track record opened the door…

One of the most important ways Rivian (RIVN -1.16%) has separated itself from rival Lucid (LCID +4.18%) has been its ability to improve vehicle unit economics. It’s well known that Rivian expects the R2 to check in at about half the production cost of even the more recent R1 vehicles. Rivian’s improving unit economics have consistently…

Merit Financial Advisors, an Alpharetta, Ga.-based hybrid registered investment advisor overseeing $30.1 billion in client assets, has added another former Commonwealth Financial Network team since the LPL Financial acquisition, with a Southern California firm overseeing about $900 million in client assets. The Bridgeway Group is a nine-person team with offices in Pasadena and Covina, Calif.,…

Soybeans are slipping back 1 to 7 cents so far early on Tuesday morning. Futures were in rally mode on Monday, with contracts posting 20 to 23 1/4 cent gains and other contracts 10 ¾ to 18 ¼ cents higher. Preliminary open interest rose 14,871 contracts on Monday, suggesting new buying interest. The cmdtyView national…