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FSR

Fisker Inc (NYSE:FSR) shares are trading higher after the company announced the appointment of a new chief technology officer, David King, who will replace Burkhard Huhnke. King will lead Fisker's global engineering and software teams. The company is also expected to report a loss of 18 cents per share and revenue of $109.029 million in its upcoming third-quarter financial results.

Portfolio Pulse from Adam Eckert

November 06, 2023 | 1:45 pm

NWS

NWSA

The Washington Post has appointed William Lewis, a former head of Dow Jones and Wall Street Journal veteran, as its new CEO and publisher, effective January 2, 2024. The move comes as the Post faces financial sustainability issues, a dip in digital subscribers, and staff reductions. The company aims to revitalize its readership and financial performance under Lewis's leadership. The Post's owner, Jeff Bezos, has expressed his desire for the company to return to profitability.

Portfolio Pulse from Vandana Singh

November 06, 2023 | 1:38 pm

BMBL

CRM

Bumble Inc. (NASDAQ:BMBL) has announced a leadership succession plan, with Lidiane Jones, current CEO at Slack, a Salesforce (NYSE:CRM) company, set to succeed Whitney Wolfe Herd as CEO, effective January 2, 2024. Wolfe Herd will transition to the role of Executive Chair. Jones brings over two decades of experience in product and business innovation across prominent consumer and business technology brands.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 1:36 pm

BAX

Baxter International Inc. (BAX) has announced new data indicating that its Sharesource remote patient management (RPM) digital platform, when used with an automated peritoneal dialysis (PD) system, is associated with a 77% reduction in risk of PD technique failure. The data also shows that HDx therapy enabled by Theranova dialyzer can help reduce annual water consumption by 27% and annual electricity usage by 17%, and associated costs, in comparison with online HDF (hemodiafiltration).

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 1:32 pm

POST

Post Holdings, Inc. (NYSE:POST) announced that its President and CEO, Robert V. Vitale, will be taking an unexpected medical leave of absence. The company's Board of Directors has named Jeff A. Zadoks, currently Post's Executive Vice President and Chief Operating Officer, as interim CEO during Vitale's absence.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 1:22 pm

C

Citigroup is considering job cuts of at least 10% in several major businesses as part of CEO Jane Fraser's corporate overhaul, known as 'Project Bora Bora'. The bank, which has been lagging behind its peers, is under pressure to improve its performance. The job cuts, if implemented, would be one of Wall Street's deepest rounds of dismissals in years. An update on the plan and its financial impact will be announced in January along with fourth-quarter earnings.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 1:21 pm

FREY

FREYR Battery has announced an extraordinary general meeting of shareholders on December 15, 2023, to discuss the previously announced process to redomicile from Luxembourg to the U.S.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 12:31 pm

DISH

SATS

DISH Network Corporation plans to work with EchoStar Corporation to appoint Hamid Akhavan, the current CEO and President of EchoStar, to the additional post of President and CEO of DISH, effective from November 13, 2023. The appointment is subject to the approval of both DISH and EchoStar's board of directors.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 11:45 am

DISH

DISH Network's CEO, W. Erik Carlson, has announced his intention to resign as President and CEO effective November 12. However, he will remain on the board of directors through the closing of the EchoStar merger.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 11:44 am

JD

JD Worldwide, the international business arm of JD.com, plans to roll out enhanced authentication processes for imported goods, named 'JD Smart Check'.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 11:16 am