For succession planning to work, boards need to hunt for future CEOs with these 4 traits, YouTube exec says

Tempo, a blockchain startup backed by Stripe, has successfully raised $500 million in funding. This significant investment highlights the growing interest and confidence in blockchain technology and its potential applications. With this funding, Tempo aims to expand its operations and enhance its offerings, which could lead to innovative solutions in the financial sector. This development is important as it reflects the increasing integration of blockchain in mainstream finance and the support from established players like Stripe.

Federal Reserve Bank of St. Louis President Alberto Musalem expressed his openness to supporting another rate cut if new risks to the labor market arise. This statement, made during a discussion at the 2025 Institute of International Finance Annual Membership Meeting in Washington, DC, highlights the Fed's ongoing commitment to monitoring economic conditions closely. Such a move could provide additional support to the economy, especially if labor market challenges persist.

At the Fortune Most Powerful Women Summit, experts highlighted a concerning trend: women may fall behind in the $124 trillion Great Wealth Transfer due to a 'confidence gap' in financial planning. This issue is significant because it underscores the psychological barriers that hinder women's financial decision-making, potentially impacting their economic futures and wealth accumulation.

David Schwimmer, the CEO of the London Stock Exchange, recently highlighted the growing appeal of London as a listing destination during a panel at the Institute of International Finance Annual Membership Meeting in Washington, DC. He noted a 'healthy' pipeline for new listings, which is significant as it reflects investor confidence and the city's competitive edge in the global market. This positive outlook could attract more companies to consider London for their public offerings, boosting the economy and enhancing the exchange's reputation.

Asymmetric Capital Partners has successfully raised $137 million for its second fund, surpassing its initial target of $125 million. This achievement is particularly noteworthy given the challenging investment landscape shaped by zero interest rate policies. The fund's success not only reflects investor confidence in Asymmetric's strategy but also highlights a potential shift in the market, making it a significant development for both the firm and its stakeholders.

The latest insights into the 100 Best Companies to Work For in Europe reveal the secrets and rituals that make these workplaces stand out. This matters because understanding what drives employee satisfaction can help other companies improve their own work environments, leading to happier employees and better productivity.

Nestlé is set to lay off over 16,000 employees as part of a restructuring initiative under its new CEO, with automation being cited as a key motivator. This move highlights the ongoing trend of companies prioritizing efficiency and technology over human resources, raising concerns about job security in the industry. As automation continues to reshape the workforce, the impact on employees and the economy will be significant.

Katie Price recently made headlines with an on-stage confession that has raised eyebrows about her brand and financial status. This revelation has sparked discussions among fans and critics alike, questioning the sustainability of her business ventures and the impact on her public image. As a well-known figure, her financial health and brand reputation are significant not just for her but also for the entertainment industry, making this a topic of interest for many.

If you're a book lover, you'll be thrilled to discover some of the best houses for sale that feature stunning libraries. From a charming five-storey Victorian townhouse in Islington, London, to a unique 1920s home in Mere, Wiltshire, complete with a circular library and curved bookshelves, these properties offer not just a place to live but a sanctuary for reading and relaxation. This trend highlights the growing appreciation for home libraries, making these homes particularly appealing to those who value both aesthetics and functionality.

The discussion around Artificial General Intelligence (AGI) and Artificial Superintelligence (ASI) is evolving, with some experts suggesting that we may need to transcend human intelligence to create what is termed Alien Artificial Intelligence (AAI). This concept raises intriguing questions about the future of intelligence and its implications for humanity. Understanding AAI could help us navigate the potential risks and benefits of advanced AI systems, making it a crucial topic in today's tech landscape.

Exelixis has announced that its drug cabozantinib significantly reduces the risk of progression in lung and thymic neuroendocrine tumors (NET) by an impressive 81%. This breakthrough is crucial as it offers new hope for patients battling these challenging cancers, potentially improving their quality of life and survival rates. The findings from the clinical trial highlight the importance of innovative treatments in oncology, paving the way for further research and development in cancer therapies.

Experts have reported a concerning decline in birth rates and the number of children living in London, indicating that families are increasingly being priced out of the city. This trend is significant as it highlights the challenges many families face in affording housing in London, which could have long-term implications for the city's demographic and economic landscape.

Recent research suggests that artificial intelligence could play a crucial role in identifying skilled fund managers, especially as the market bubble continues to grow. This development is significant because it could lead to better investment decisions and ultimately enhance returns for investors. By leveraging AI, the financial industry may be able to pinpoint those who consistently deliver fundamental value, making it easier for investors to navigate the complexities of the market.

Venture-capital trusts offer a tax-efficient avenue for investing in early-stage companies, but potential investors are left wondering if the associated risks are worth it. Understanding the balance between potential returns and the inherent risks is crucial for anyone considering this investment option.