Korn Ferry has expanded beyond executive search into consulting and workforce solutions, including acquiring AMS, to reduce cyclicality and increase revenue stability. The company now has a backlog of $1.9 billion from its core business and $1.5 billion from AMS, reflecting larger, long-term client engagements. This strategic shift aims to create more resilient revenue streams compared to the traditional, transactional executive search model. Korn Ferry's broader portfolio positions it for sustained growth and less sensitivity to economic cycles.
On the 25th anniversary of 9/11, billionaire John Catsimatidis warned that countries like Russia, North Korea, China, and Iran are actively trying to undermine President Donald Trump ahead of the November election. He expressed disappointment with Ca...
Western Digital, a leading hard disk drive (HDD) provider, reported a 44% year-over-year revenue increase in Q4 driven by strong demand from cloud and AI workloads. Cloud customers made up 89% of revenue, with shipments growing 22% in exabytes. Gross...
VinFast and GSM have announced new senior leadership appointments to support their global expansion. Pham Nhat Quan Anh becomes CEO of VinFast Global and Chairman and CEO of VinFast Vietnam, succeeding Pham Nhat Vuong. Nguyen Quoc Tuan is named Chair...
During the week of September 8–11, US spot Bitcoin ETFs saw significant outflows totaling $462.7 million, with the largest daily loss of $282.7 million on Thursday. In contrast, Ethereum ETFs reversed earlier losses with a strong $216.4 million inflo...
BlackRock's iShares Ethereum Trust ETF saw a $149 million net inflow on September 11, dominating the $216 million total inflows into US spot Ethereum ETFs that day. This brings ETHA's cumulative net inflows to over $13 billion, highlighting BlackRock...
