Streetbeat News

Corporate Responsibility

META

Meta Co has announced that its Covid-19 misinformation rules will no longer be in effect globally, but will continue to remove content violating these policies in countries with Covid emergency declarations.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 1:06 pm

MDLZ

Mondelez International plans to scale down its operations in Russia due to higher costs associated with the war with Ukraine. The company will discontinue new capital investments, product launches, and advertising media spending in Russia, and aims to make its Russian business a stand-alone entity with a self-sufficient supply chain by the end of the year.

Portfolio Pulse from Nabaparna Bhattacharya

June 16, 2023 | 12:49 pm

DSWL

Deswell Industries (NASDAQ:DSWL) announces the passing of Chairman Richard P.H. Lau and the appointment of Chin Pang Li as the new Chairman. Ben Yiu Sing Poon is appointed as interim Director.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 12:35 pm

RMBL

RumbleOn (NASDAQ:RMBL) has appointed Mark Tkach as Interim CEO and Steve Pully as Chairman of the Board, following the resignation of Marshall Chesrown. The company also reached an agreement with the Coulter-Tkach Group to resolve the ongoing proxy contest.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 12:34 pm

PMTS

CPI Card Group Inc. (NASDAQ:PMTS) has appointed H. Sanford Riley as Independent Chair of its Board of Directors. Riley, President and CEO of Richardson Financial Group Limited, brings extensive financial services and public company experience to the role.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 12:13 pm

HSC

NVRI

Enviri Corporation, formerly Harsco Corporation (NYSE:HSC), will begin trading under the new NYSE ticker symbol NVRI on June 20, 2023. The change follows the company's announcement of its name change to Enviri from Harsco on June 5, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 12:11 pm

VEDU

Visionary Education Technology Holdings Group Inc. (NASDAQ:VEDU) has appointed CEO Fan Zhou as Chairman of the Board, effective June 6, 2023. Michael Viotto has also been appointed as a member of the Board. The company is a private education provider based in Canada with subsidiaries and market partners in China.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 12:10 pm

AMZN

United Launch Alliance (ULA) CEO Tory Bruno proposes solutions to tackle space debris, including assigning financial responsibility for major space spills and establishing a net-neutral debris generation standard. Amazon's first two satellites, Kuipersat-1 and Kuipersat-2, are expected to be launched on ULA's Vulcan Centaur rocket in summer.

Portfolio Pulse from Anan Ashraf

June 16, 2023 | 12:06 pm

NXST

Nexstar Media shareholders approved the election of all nominees to the Board of Directors and rejected a proposal requiring the Chair to be an independent director who hasn't served as an Executive Officer.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 11:32 am

MSFT

Otto Berkes, co-founder of the Xbox project and current CEO of HireRoad, shares how the team overcame skepticism within Microsoft to create the Xbox console. The team's passion, growth-oriented people, and data-backed strategy were key to the project's success.

Portfolio Pulse from Benzinga Newsbot

June 16, 2023 | 11:25 am