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Corporate Responsibility

TSLA

Tesla Inc (NASDAQ:TSLA) has addressed privacy and data concerns surrounding its sentinel mode in China. The company stated that the sentinel mode is turned off by default and needs to be enabled by users. The data gathered in this mode cannot be viewed remotely and is stored in a USB device in the car. All data generated by vehicles sold in China will be stored locally. Tesla also hinted at new data centers with a job posting for a 'Sr. Engineering Program Manager, Data Center.'

Portfolio Pulse from Anan Ashraf

August 15, 2023 | 8:38 am

DIS

Florida Governor Ron DeSantis has urged Disney to drop its lawsuit against the state and move forward. The comments were made in the context of the ongoing feud between Florida and Disney over the 'Don't Say Gay' bill and Disney's special privileges within the state. DeSantis also expressed concerns about Disney's recent direction, suggesting that the company should return to its traditional values.

Portfolio Pulse from Benzinga Neuro

August 15, 2023 | 1:08 am

DIS

NFLX

PARA

WBD

Hollywood studios have proposed a new deal to striking screenwriters, which includes assurances that artificial intelligence will not replace human writers and access to viewer data will be provided. The Alliance of Motion Picture & Television Producers, representing Warner Bros. Discovery Inc. and Paramount Global, is involved in the negotiations.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 11:56 pm

BOH

EDR

HA

HE

JEF

NSRGY

NTDOY

SKX

TDOC

Wildfires in Hawaii have caused widespread devastation, impacting residents and businesses. Several corporations and individuals have stepped forward with donations to support those affected. Companies with major operations in Hawaii, such as Hawaii Electric Industries (NYSE:HE), Bank of Hawaii Corporation (NYSE:BOH), and Hawaiian Holdings (NASDAQ:HA), could be severely impacted. Other companies, including Endeavor Group Holdings (NYSE:EDR), Jefferies Financial Group (NYSE:JEF), Skechers USA (NYSE:SKX), Nintendo Co (OTC:NTDOY), Teladoc Health (NYSE:TDOC), and Nestle (OTC:NSRGY), have made donations or offered support.

Portfolio Pulse from Chris Katje

August 14, 2023 | 9:03 pm

GME

Grove Collaborative has announced leadership changes with Jeff Yurcisin being named as CEO and co-founder Stuart Landesberg as Executive Chairman. Larry Cheng, Volition Capital Managing Partner and GameStop board member, will join the board. John Replogle, former CEO of Seventh Generation and Burt's Bees, will become Lead Independent Director.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:55 pm

AXP

GOOG

GOOGL

Google, a subsidiary of Alphabet Inc., has partnered with American Express Global Business Travel (Amex GBT) and Shell Aviation to join one of the world's largest sustainable aviation fuel (SAF) programs. The collaboration aligns with Google's goal to achieve net zero across its operations by 2030. The SAF program, launched by Amex GBT and Shell Aviation, aims to establish a clear demand for SAF by uniting major corporations. The program made available 1 million gallons of SAF for corporate clients in 2022.

Portfolio Pulse from Jose Rodrigo Safdiye

August 14, 2023 | 8:38 pm

JOB

Gee Group has announced a cooperation agreement with Red Oak Partners, which includes increasing the size of its board from seven to nine directors and appointing two new independent directors, David Sandberg and J. Randall Waterfield. The board will also nominate Sandberg and Waterfield for election at the company's 2023 and 2024 Annual Meetings of Shareholders, respectively. As part of the agreement, the board will engage an investment bank or consulting firm to assist in evaluating strategic opportunities to maximize shareholder value.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:31 pm

AAL

META

Tiffany Gomas, a passenger on an American Airlines flight who went viral for her outburst in July, has apologized in a video posted on Meta Platform's Instagram. She also launched a website to spread mental health awareness and fight against cyberbullying. The incident had caused a several-hour delay to the flight's departure.

Portfolio Pulse from Adam Eckert

August 14, 2023 | 7:54 pm

AMZN

Amazon (NASDAQ:AMZN) is implementing a new initiative to deliver orders without extra packaging in an effort to reduce waste and attract environmentally-conscious customers. The company is working with suppliers to create packaging that can withstand shipping. Amazon uses AI to test packages without additional containers before shipping. The initiative was influenced by customer feedback and a decline in customer satisfaction related to product quality and shopping experience.

Portfolio Pulse from Anusuya Lahiri

August 14, 2023 | 5:42 pm

DTRUY

MBGYY

Daimler Truck Holding AG is searching for a new CFO following the sudden death of Jochen Goetz. Chairman Martin Daum is expected to assume the interim CFO role. Goetz was instrumental in the spin-off of Daimler Truck from Mercedes-Benz Group in December 2021. Daimler Truck's Q1 2023 revenue increased by 25% Y/Y to €13.2 billion. DTRUY shares are currently trading lower by 0.96% at $18.53.

Portfolio Pulse from Shivani Kumaresan

August 14, 2023 | 5:28 pm