When then-acting commissioner Douglas O’Donnell stepped down from the top post at the Internal Revenue Service last year, the second Trump administration had just initiated what would become sweeping staff cuts. Roughly a year and a half later, the Department of Government Efficiency — once led by the chain-saw wielding billionaire Elon Musk — has closed…
Under Warren Buffett, Berkshire Hathaway built a substantial stake in Apple. It still ranks as the company’s largest equity investment, accounting for 22% of its U.S. stock portfolio. But Buffett’s successor, Greg Abel, added a second megacap stock in the first quarter: Alphabet (GOOGL +0.58%) (GOOG +0.24%). Berkshire initially had 2% of its U.S. stock…
Published March 11, 2019 Updated July 7, 2025 Read Time 1 minutes CFI Announces Sponsorship of 2019 NIBC April 4, 2018 – Corporate Finance Institute® (CFI) announced its continued partnership with the National Investment Banking Competition and Conference (NIBC Live) to help operate the 2019 NIBC web portal (NIBC Live) and develop the community aspect…
As artificial intelligence reshapes what investors expect from their advisors, asset managers are being pressed to move faster without eroding the trust that took decades to build. On this episode of The McKinsey Podcast, McKinsey Senior Partner and North America Chair Eric Kutcher speaks with Andrew Schlossberg, president and CEO of Invesco, about navigating market volatility,…
Feathery, which calls itself an artificial intelligence operating and decisioning system for financial services, announced that it has raised $30 million in total funding, which includes its recently completed Series A, led by Portage Ventures, with participation from Index Ventures, Allstate Strategic Ventures, Clocktower Ventures, Erie Strategic Ventures and Bain Capital Ventures (it raised a…
MEMPHIS, TENNESSEE – AUGUST 13: Scottie Scheffler of the United States hits a tee shot on the 16th hole during the second round of the FedEx St. Jude Championship at TPC Southwind on August 14, 2026 in Memphis, Tennessee. (Photo by Ben Jared/PGA TOUR via Getty Images) PGA TOUR Scottie Scheffler’s 2026 season has been…