U.S. Factory Orders Climb 1.1% in December

New orders for U.S.-made goods rose for an eighth straight month in December as the manufacturing sector took solid momentum into the new year. The Commerce Department reported Thursday that orders for manufactured goods rose 1.1% in December after a 1.3% gain in the prior month. Economists polled by Reuters had forecast factory orders gaining […]

Loan System Bugs Holding Up PPP Loans: AICPA

The second round of the Paycheck Protection Program seems to have finally gained some traction, at least according to the data. The Small Business Administration said this week that from January 11 to January 31, more than 890,000 loans worth $72.7 billion had been...

CFOs On the Move: Week Ending February 5

Robert Davis Merck’s chief financial officer, Robert Davis, will take over as the pharma company’s CEO. Davis joined the company as CFO in 2014. Before Merck, he worked for Baxter International, where he was corporate vice president and president of medical products....