Streetbeat News

Corporate Responsibility

SDGR

Schrödinger and two City University of New York colleges have been awarded a $1M National Science Foundation (NSF) grant to increase access to computational molecular modeling education.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:12 pm

SLF

Sun Life Financial has expanded its partnership with Spirit North, committing $1 million over three years to support physical health programming for Indigenous youth in Manitoba and the Yukon.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:10 pm

DPZ

Domino's Pizza Inc. (NYSE:DPZ) has announced the grand opening of The Domino's Village, a new housing facility at St. Jude Children's Research Hospital in Memphis, Tennessee. This move aligns with the company's corporate responsibility initiatives.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 11:14 am

SONY

Sony Interactive Entertainment (SIE) President and CEO Jim Ryan will retire in March 2024 after nearly 30 years with the PlayStation business. Sony Group President, COO and CFO Hiroki Totoki will assume the role of Chairman of SIE in October 2023 and will be appointed Interim CEO of SIE in April 2024. Sony Group Corp's shares closed higher by 1.54% at $82.55 on Wednesday.

Portfolio Pulse from Shivani Kumaresan

September 28, 2023 | 9:53 am

XPRO

Expro has suspended its vessel-deployed Lightwell Intervention (LWI) operations following an incident. The company is currently working with stakeholders and independent experts to assess the situation and plan the recovery operation.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 6:15 am

MSFT

Chinese hackers reportedly accessed approximately 60,000 U.S. State Department emails through a vulnerability in Microsoft Corporation’s email platform. The cyberattack compromised ten State Department accounts, primarily those involved in Indo-Pacific diplomatic efforts. The incident has raised questions about Microsoft’s significant role in providing IT services to the U.S. government. In response, the State Department is transitioning toward “hybrid” environments involving multiple vendors and enhanced multi-factor authentication.

Portfolio Pulse from Ananya Gairola

September 28, 2023 | 3:52 am

TSLA

Elon Musk's X, formerly Twitter, has cut half of its global team responsible for limiting election disinformation, including the entire Dublin-based global election integrity team. This comes less than a month after X reinstated political ads and pledged to expand its safety and elections team. Musk acquired Twitter for $44 billion last October and rebranded it to X. Earlier this year, the Tesla Inc CEO said he had cut about 80% of the company's staff.

Portfolio Pulse from Adam Eckert

September 27, 2023 | 9:53 pm

MAT

Mattel has promoted Robbie Brenner to President of Mattel Films. Brenner, who has been with the company since 2018, produced the record-breaking Barbie movie, which was released worldwide by Warner Bros. Pictures in July 2023.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 9:14 pm

UPS

UPS has implemented automation technologies in select facilities across the U.S. to improve operations and reduce repetitive and physically demanding tasks. These improvements target processes such as pick-and-place, loading and unloading, and moving irregular-sized shipments.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 9:06 pm

PDLB

Ponce Financial Group, Inc. (NASDAQ:PDLB), the holding company for Ponce Bank, has received approval for a grant of $451,025 from the Community Development Financial Institutions (CDFI) Bank Enterprise Award Program. The bank also received the previously announced $3.7 million from the CDFI Equitable Recovery Program (ERP). The funds are to be used for providing loans, investments, and financial services to distressed communities and help them recover from the impact of the COVID-19 pandemic.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:43 pm