Federated Hermes announced that Steve Chiavarone will become Chief Investment Officer (CIO) for Global Equities on September 1, 2026, succeeding Steve Auth who is retiring after 26 years. Chiavarone, currently Deputy CIO, brings 21 years of investment experience and will oversee investment processes and portfolio performance across the firm's Global Equities platform. The transition reflects the firm's succession plan and aims to maintain its investment discipline and long-term focus. Under Auth's leadership, the equities platform grew significantly, managing $100.8 billion in assets as of March 2026.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
