Prologis CFO details a $6B credit line strategy for turbulent times; Chewy CFO resigns; looks to return to semiconductor industry; US, China agree to reduce tariff rates for 90 days; PwC cuts 2% of US workforce, citing ‘historically low’ attrition
The industrial real estate company’s finance chief says multiple credit lines both shield the balance sheet from market disruptions and enable the REIT to seize on opportunities.
The CFO’s departure comes after Chewy reported rising sales and customer figures for 2024, despite seeing its stock value wobble amid “meme” stock trades.
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