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Corporate Responsibility

ENVX

TJ Rodgers, CEO of Enovix, responded to short sellers and admitted that the company's Army contract is small. He also posted a message on the company's website addressing the issue.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 1:18 pm

CEG

JCI

Johnson Controls (NYSE:JCI) and Constellation (NASDAQ:CEG) have announced an agreement to support the development of two new solar plants in Pennsylvania. The agreement will match the power needs of four major Johnson Controls manufacturing and research and development facilities. The collaboration will support Johnson Controls' goal of 100% renewable energy and net zero operations by 2040. The new renewable energy agreement will help reduce Johnson Controls' carbon footprint by more than 14,000 metric tons annually.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 1:09 pm

GRIL

Muscle Maker has announced a name change and rebranding to Sadot Group Inc.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 12:53 pm

GPS

MAT

Gap Inc. has appointed Richard Dickson, the President and CEO at Mattel, as its next Chief Executive. Dickson is known for reviving the Barbie brand during his tenure at Mattel.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 12:18 pm

UNP

Union Pacific Corporation reported its Q2 FY23 results and announced Jim Vena as the new CEO. This news led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:48 am

TSLA

Tesla has initiated a recall for 1,337 Model S, X, Y vehicles due to misaligned front cameras. This could potentially affect the company's reputation and sales in the short term.

Portfolio Pulse from Charles Gross

July 26, 2023 | 10:25 am

AAPL

GOOG

GOOGL

Users of Alphabet Inc.'s Google Pixel phones have raised concerns over persistent overheating issues. The problem seems to be prevalent in the new Google Pixel 7a model, with users reporting the phone remaining warm even after a month of use. Some users have suggested the issue may be related to the new Google Tensor processor. Google acknowledged the overheating and accelerated battery drain issues in May, attributing them to a backend change in the Google app. The company promised a fix that would not require any action from users. The upcoming Android 14 update is anticipated to resolve the issue, with some users reporting that the heating issues seem to be fixed after updating to Android 14 Beta 4.

Portfolio Pulse from Ananya Gairola

July 26, 2023 | 10:16 am

AMZN

EWU

Amazon has offered to change its marketplace rules to address concerns raised by the UK's Competition and Markets Authority (CMA). The CMA's preliminary view is that Amazon's offer addresses its competition concerns.

Portfolio Pulse from Charles Gross

July 26, 2023 | 10:09 am

ALSN

Allison Transmission (ALSN) is partnering with the Indianapolis Public Transportation Corporation (IndyGo) to expand its fleet of electric hybrid buses. The project is funded by a $19 million grant from the Federal Transit Administration. The new buses, equipped with Allison's eGen Flex electric hybrid propulsion system, will replace older vehicles, reducing emissions and improving air quality and service reliability.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 8:34 pm

WSBF

Waterstone Financial, Inc. (NASDAQ:WSBF) announced the planned retirement of its CEO, Douglas S. Gordon, effective December 31, 2023. Gordon will continue to serve on the Board of Directors of the Company and its subsidiaries. The company also announced the election of William F. Bruss, the current President of the Company, as the next CEO effective January 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:27 pm