Streetbeat News

Corporate Responsibility

DOUG

Douglas Elliman's CEO, Howard Lorber, was pushed to resign amid concerns about a sexually charged work culture following an investigation. The board's decision comes after allegations of sexual misconduct by two former agents. Lorber has led the firm for two decades and stepped down as CEO and chairman.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 1:49 pm

NNDM

Nano Dimension has sent a letter to its shareholders urging them to vote in favor of the company's proposals at the upcoming Annual General Meeting. The company claims that Murchinson is attempting to take control through proposals that could hinder Nano Dimension's strategy. The meeting is scheduled for December 6, 2024, with a voting cut-off on December 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 1:16 pm

CURLF

A study by Curaleaf Clinic reveals that 90% of illegal cannabis samples in the UK contain harmful contaminants. Curaleaf Holdings, the parent company, is using this data to advocate for awareness and regulation. The study highlights the health risks of illegal cannabis and the potential economic benefits of legal medical cannabis prescriptions.

Portfolio Pulse from Nina Zdinjak

October 28, 2024 | 12:46 pm

MAXN

Maxeon Solar Technologies has appointed Dimitri Hu as the new CFO, while interim CFO Ken Olson will take on the role of Deputy CFO. This change in leadership was disclosed in an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:42 pm

BIIB

Biogen's Executive Vice President and CFO, Michael McDonnell, will retire in February 2025. Robin Kramer is set to take over the CFO role.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:39 pm

REAL

The RealReal has appointed Rati Sahi Levesque as its new CEO, succeeding John Koryl. This leadership change could impact the company's strategic direction and operations.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:33 pm

HFFG

HF Foods Group Inc. has appointed Felix Lin as Interim CEO, succeeding Peter Zhang. Lin, who is also the President and COO, has been a key leader at HF Foods, contributing to the company's transformation plan.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:08 pm

CCO

Clear Channel's planned sale of its Spanish business to JCDecaux has been canceled due to regulatory hurdles. The company will continue its operations in Spain and focus on its strategic priorities in America and Airports segments.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 6:46 am

CURLF

B NOBLE, founded by Fab 5 Freddy, is collaborating with Greenbook Academy to offer 100 free job training grants in Florida, focusing on cannabis trimming and dispensary technician training. This initiative aims to empower minorities and aspiring professionals in the cannabis industry. B NOBLE, in partnership with Curaleaf, is committed to social equity and supporting communities historically impacted by punitive cannabis laws. Curaleaf's SVP, Kate Smith, highlights the company's alignment with B NOBLE's goals and its commitment to diversity and social equity in cannabis.

Portfolio Pulse from Patricio Liddle

October 25, 2024 | 8:51 pm

IBRX

NWS

The Washington Post, owned by Jeff Bezos, will not endorse a candidate in the 2024 presidential election, ending a 36-year tradition. This decision has caused controversy and staff unrest. The move follows a similar decision by the Los Angeles Times, owned by Patrick Soon-Shiong, who also blocked an endorsement of Kamala Harris. Both Bezos and Soon-Shiong have interests in companies that could be affected by the election outcome.

Portfolio Pulse from Chris Katje

October 25, 2024 | 8:50 pm