Latest News

Liberty Mutual has transitioned its philanthropic arm to a $600 million endowment model, a move designed to provide permanent, inflation-protected funding for community resilience. By moving away from annual budget allocations, the Liberty Mutual Foundation can now provide more stable, multi-year capital to nonprofits addressing housing instability, workforce development, and climate change...

Indeed has appointed Sean McSherry as Chief Financial Officer, placing a long-time executive at the helm of its global finance function. The company said in a release that McSherry will oversee financial strategy, planning, and operations as Indeed continues to align its business with ongoing shifts in technology and hiring practices. His mandate includes supporting disciplined growth and managing long-term investments, particularly as artificial intelligence becomes more integrated into the company’s operations...

Broadcom has announced a planned transition in its finance leadership, appointing Amie Thuener as Chief Financial Officer. The move follows the planned retirement of current CFO Kirsten M. Spears, who will continue in her role until the transition date and remain as an advisor for nine months to support continuity. According to the company, the transition is structured to ensure stability in financial operations and governance...

Blue Owl Capital has capped investor withdrawals after facing redemption requests totaling $5.4 billion across two of its funds, pointing to rising stress in the private credit market. According to filings, investors sought to withdraw 21.9% of assets from the firm’s $20 billion Credit Income Corp fund in the first quarter, alongside 40.7% from its $3 billion technology lending fund...

Global IPO activity recorded a significant slowdown in early 2026 as geopolitical tensions and rising energy prices weighed on investor sentiment and market stability, according to EY. The number of listings fell by 23% year-on-year to 230, marking the lowest quarterly level in six years. Despite the decline in deal volume, total proceeds rose by 36% to $40.6 billion, reflecting a shift toward fewer but larger transactions...

Major central banks largely maintained existing interest rate levels in March 2026 as geopolitical tensions in the Middle East introduced fresh uncertainty into inflation and growth projections. Policymakers across developed economies adopted a restrained approach, with most opting to pause after recent tightening cycles. Out of nine policy meetings, eight resulted in no change, while Australia implemented a modest rate increase...

eBay has introduced its first Climate Transition Plan, outlining how the company plans to reduce emissions while building on its existing resale marketplace. The company has already achieved a 92% reduction in Scope 1 and 2 emissions since 2019 and now operates on 100% renewable electricity. By strengthening its recommerce model, eBay enables millions of buyers and sellers to extend the life of products, reduce waste, and make more conscious purchasing decisions...

Wonder has appointed Kelley Morrell as its new Chief Financial Officer as it prepares for a fresh capital raise and a potential public listing. Morrell joins from Blackstone, where she served as a Senior Managing Director and led asset management initiatives within its private equity business. She brings experience in fundraising, investment strategy, and public market transitions, including involvement in the IPO of Bumble...

A recent study by Duke University’s Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta highlights a gap between perceived and realized benefits of artificial intelligence in corporate performance. Based on a survey of nearly 750 executives, CFOs reported average productivity gains of 1.8% in 2025, driven by AI adoption. However, when measured against revenue and employment data, the actual impact appears more limited across industries through 2026...

Blue Pool Capital has raised $1 billion for Riverside, its first standalone private-equity fund, marking a notable close at a time when fundraising across the asset class remains under pressure. The Hong Kong firm, which also manages the family office and operating assets of Alibaba co-founder Joe Tsai, has been investing in private equity for roughly a decade through a multistrategy vehicle backed by Tsai, Chief Executive Oliver Weisberg, and a small group of former Alibaba executives...