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Corporate Responsibility

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GOOGL

Alphabet Inc., Google's parent company, has made commitments to give users more choice in how their data is processed. This is a result of a proceeding conducted by Germany's Bundeskartellamt, which can intervene when competition is threatened by large digital companies. The proceeding demonstrates the close cooperation between the Bundeskartellamt and the European Commission in promoting competition and fair markets in the digital sector.

Portfolio Pulse from Charles Gross

October 05, 2023 | 8:42 am

ALV

Autoliv, Inc. (NYSE:ALV) has provided an update on its ongoing initiatives to reduce its global headcount, including downsizings of 300 indirect employees in China, Japan, Sweden, the United States, and the closure of an office in the Netherlands. This is part of the company's previously announced cost reduction framework. The related accruals for the 300 indirect employees are expected to be immaterial and will be accounted for in the third and fourth quarters of 2023.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 7:19 am

TDOC

Teladoc Health has announced inducement stock awards for two new non-executive employees. The move is part of the company's strategy to attract and retain top talent.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 6:05 am

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RIVN

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XOM

US stocks ended higher on Wednesday with Dow Jones, NASDAQ, and S&P 500 all experiencing gains. Five stocks that gained attention were Rivian Automotive, Lithium Americas Corp., Tesla, Alphabet, and Exxon Mobil. Rivian announced its intention to offer green convertible senior notes, Lithium Americas completed the separation into two independent public entities, Tesla's stock is bouncing back amidst ongoing United Auto Workers strikes, Alphabet launched the Pixel 8 and Pixel 8 Pro smartphones, and Exxon Mobil is navigating complex political landscapes.

Portfolio Pulse from Benzinga Neuro

October 05, 2023 | 1:26 am

BlackBerry has announced plans to separate its IoT and Cybersecurity business units, leading to a rise in its share prices.

Portfolio Pulse from Bill Haddad

October 04, 2023 | 9:35 pm

BlackBerry has announced that it will continue to pursue the objectives of Project Imperium as it begins activities to separate its principal businesses.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 9:10 pm

BlackBerry has announced that its board has decided to separate its IoT and Cybersecurity business units into two independently-operated entities. This move is seen as the optimal strategic direction for the company.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 9:07 pm

SMTC

Semtech Corporation has appointed Mark Lin as its new Executive Vice President and Chief Financial Officer.

Portfolio Pulse from Bill Haddad

October 04, 2023 | 8:17 pm

General Motors' newly appointed Chief Technology Officer, who was expected to lead the company's push into electric vehicles, has left the company after just one month in the role.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 7:24 pm

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GOOG

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SFTBF

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TEVA

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UBER

UBS

Palantir is expanding its collaboration with PwC to combine AI capabilities. Anthropic, a competitor to OpenAI, is securing additional funding from Alphabet and Amazon. Sanofi and Teva have collaborated to co-develop a drug for inflammatory bowel disease. Insulet's CFO is resigning to join 3M. United Airlines has ordered 110 more aircraft from Boeing and Airbus. Zoom has unveiled AI-powered innovations. Over 75,000 employees of Kaiser Permanente have initiated a three-day strike. Softbank's CEO emphasized the importance of AGI. Uber is expanding its service offerings to include package return. UBS is offering enticing interest rates to attract clients. A New Jersey appeals court overturned a verdict linked to asbestos exposure in Johnson & Johnson's talc powder products. BP is looking to sell a stake in its U.S. oil and gas pipeline network. Helen Of Troy and Acuity Brands reported their earnings.

Portfolio Pulse from Vandana Singh

October 04, 2023 | 4:37 pm