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Minnesota Timberwolves new CFO-COO on why it’s time to go all in
Listen to the article 12 min This audio is auto-generated. Please let us know if you have feedback. So you landed a new job that finally gave you the CFO and chief operating officer title you wanted. Now what? For Michael Dillon, the answer is to, unironically, shoot his shot. Dillon spent nearly four years…
Hormuz oil shipments at prewar levels but fuel shipments constrained
Crude oil exports from the Strait of Hormuz have basically returned to levels normal before the Iran war, as U.S. military escorts have boosted shipments and pipelines have redirected flows. Crude transiting Hormuz reached a seven-day average of 13.5 million barrels per day as of Monday, which matches a prewar baseline for shipments through the…
Goldman Sachs tops North America M&A advisers by value in H1 2026, Houlihan Lokey leads by volume
GlobalData’s latest league table for North America showed Goldman Sachs and Houlihan Lokey at the top of M&A financial adviser rankings in the first half of 2026, measured by deal value and deal count respectively. Figures from GlobalData’s Financial Deals Database indicated that Goldman Sachs advised on transactions worth $437.7bn, placing it first by value. Access deeper industry intelligence…
Chipotle CEO Scott Boatwright Sells 31,522 Shares for $1.1 Million
Key Points The transaction involved the disposition of 31,522 shares for an estimated value of ~$1.1 million on August 22, 2026. The CEO traded shares equal to 9% of the stake held before the filing. The disposition was executed entirely through direct ownership and involved common stock. The sale was non-discretionary, executed to cover tax…
Nacha’s Upcoming Rules Refresh Is All About Improving Clarity
ACH may be one of the payments industry’s most established networks, but it’s far from standing still. With new Rules taking effect this September—and another significant change already slated for 2028—financial institutions are facing a steady stream of adjustments that could affect how they process transactions, make funds available, and manage compliance. Earlier this year,…
Does Billionaire Bill Ackman Know Something Wall Street Doesn’t? He Invested in These 2 Stocks That Have Dropped 33% and 18% Over the Past Year
Key Points During the second quarter, Pershing Square Capital Management loaded up on Netflix and Uber, two stocks that have lagged broader equities over the past year. Both stocks have excellent prospects, despite recent obstacles. 10 stocks we like better than Netflix › Bill Ackman, the founder and CEO of Pershing Square Capital Management, has…