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Meet Steve Cohen’s new executive committee as Point72 hits  billion

Point72 Asset Management is forming a new executive committee to oversee the hedge fund’s increasingly sprawling empire. Loading audio narration… Billionaire founder Steve Cohen — the chairman, CEO, and co-CIO of the firm — told staff in an internal memo Thursday that he will lead the new leadership group.The committee includes four other current executives: co-chief investment officer Harry Schwefel, chief operating officer and chief financial officer Gavin O’Connor, general counsel and chief compliance officer…

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Business

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Chanel’s ‘barefoot heel cap’ sandal sparks debate on social media

A new design from luxury fashion house Chanel is raising eyebrows, with some critics wondering if high fashion has gone a step too far. Chanel unveiled its Cruise 2027 collection Tuesday in Biarritz, France, featuring a sandal design that leaves most of the foot exposed, covering only the heel with…

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Investing

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