Streetbeat News

Corporate Responsibility

J

Jacobs Engineering Group Inc. has been chosen as the program and construction management partner for Thyssenkrupp Steel's $2.5 billion project to decarbonize its steel mill in Duisburg, Germany. This initiative is part of Thyssenkrupp's broader efforts to reduce carbon emissions and transition towards more sustainable steel production.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 12:48 pm

AMZN

Amazon has announced its 'AI Ready' commitment, aiming to provide free artificial intelligence (AI) skills training to 2 million people by 2025. The initiative is part of Amazon Web Services (AWS) and is designed to help individuals and businesses develop the necessary skills to leverage AI technology. The training will be accessible through various AWS educational programs, which include AWS Training and Certification, AWS Educate, and AWS Academy.

Portfolio Pulse from Charles Gross

November 20, 2023 | 12:37 pm

MSFT

Microsoft's stock is trading higher following the announcement that CEO Satya Nadella has appointed Sam Altman and Greg Brockman to lead a new advanced AI research team.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 12:11 pm

NRG

NRG Energy has reaffirmed its guidance for 2023 and 2024, maintaining its strategic growth plan, cost savings targets, and capital allocation framework. The company aims to achieve investment grade credit metrics, as discussed during its Investor Day on June 22, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 12:05 pm

NRG

NRG Energy, Inc. has expanded its board by adding four new independent directors as a result of a collaboration with Elliott Management. This move is aimed at enhancing the board's expertise and oversight, potentially leading to strategic shifts or operational improvements.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 12:05 pm

NRG

NRG Energy, Inc. has appointed its Chair, Lawrence Coben, as the Interim President and CEO following the departure of Mauricio Gutierrez from the company.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 12:03 pm

JZ

Jianzhi Education Technology Group Company Limited (NASDAQ:JZ), a prominent digital educational content provider in China, has announced a change in its executive team. Xiaolei Ni has resigned as CFO for personal reasons, and Huichao Wang has been appointed as the new CFO, effective October 25, 2023.

Portfolio Pulse from Charles Gross

November 20, 2023 | 11:42 am

LEU

Centrus Energy Corp. has announced that Amir Vexler will take over as CEO from Daniel Poneman on January 1, 2024. This planned leadership transition may signal continuity and stability within the company's management structure.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 11:41 am

CZOO

Cazoo, an online car retailer, has successfully received 100% consent from its noteholders to participate in an exchange offer. This consent is a significant step for the company, indicating strong support from its debt investors for the proposed restructuring of its financial obligations. The exchange offer is part of Cazoo's broader strategy to improve its balance sheet and financial flexibility.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 11:39 am

LYB

LyondellBasell Industries NV (NYSE:LYB) announced plans to build its first industrial-scale catalytic advanced recycling demonstration plant in Wesseling, Germany. The plant will utilize the company's MoReTec technology to convert post-consumer plastic waste into feedstock for new plastic materials with net zero GHG emissions. The facility is expected to have an annual capacity of 50,000 tonnes and aims to be completed by the end of 2025. LYB shares closed higher by 1.04% at $97.23 on Friday.

Portfolio Pulse from Shivani Kumaresan

November 20, 2023 | 11:17 am