Streetbeat News

Corporate Responsibility

GOOGL

Google has agreed to pay $23 million to affected users in a 2010 lawsuit alleging that the company had shared search terms with advertisers and third parties without their consent. Each eligible user is estimated to receive $7.7 if their claim is approved.

Portfolio Pulse from Rounak Jain

June 15, 2023 | 12:02 pm

TC

TuanChe has announced the appointment of Simon Li as its new CFO, effective from June 15, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 11:20 am

AAPL

META

A new Harris Poll reveals that 77% of adults aged 35-54 yearn for simpler times, away from screens and social media. The survey also found that 63% of 18-34-year-olds and 60% of individuals over 55 share this sentiment. Despite this, 90% of respondents emphasized the importance of being open-minded about new technologies.

Portfolio Pulse from Ananya Gairola

June 15, 2023 | 9:48 am

LYV

The White House announced that Live Nation (LYV) will commit to implementing upfront all-in pricing in September, aiming to provide transparency and fairness in ticket pricing for concerts and festivals.

Portfolio Pulse from Charles Gross

June 15, 2023 | 9:13 am

TRUE

TrueCar announces a strategic restructuring, impacting 102 positions (24% of the company) and reducing annualized expenses by over $20M. Jantoon Reigersman is appointed as President and CEO, succeeding Michael Darrow who is departing the company.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 8:08 pm

FDX

GM

FedEx Express Canada has launched its first 50 all-electric vehicles in partnership with BrightDrop, a General Motors subsidiary. This marks a significant step towards FedEx's goal of carbon-neutral operations by 2040.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 7:36 pm

ALSK

ATNI

Alaska Communications announced the death of its President and CEO, Bill Bishop. The company has not yet named a successor.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 5:47 pm

TGT

New York Attorney General James criticized Target's decision to pull some of its Pride merchandise due to backlash from anti-LGBTQ+ customers, calling the move 'wrong'.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 5:21 pm

GOLF

NKE

UAA

Saudi Arabia will compensate professional golfers who turned down the LIV Golf Invitational, a controversial event backed by the kingdom. The move is seen as an attempt to maintain good relations with the players and encourage future participation.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 5:14 pm

AXSM

Axsome Therapeutics shares are trading higher after the company provided peak sales estimates for drugs in its portfolio during a recent corporate presentation.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 4:52 pm