Streetbeat News

Corporate Responsibility

CHRW

C.H. Robinson's shares are trading lower following reports that the company plans to hire a Ford executive as its new CEO.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 6:28 pm

AAPL

Apple has highlighted the mental health features in its products, emphasizing the importance of mental well-being and the role technology can play in supporting it.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 6:16 pm

LUMN

Lumen Technologies announced its updated strategy to reposition for growth at Investor Day 2023, focusing on key areas such as edge computing, fiber infrastructure, and enterprise services.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 5:55 pm

SPOT

Spotify plans to cut 200 employees, or 2% of its workforce, in its global podcast division and other functions as part of a strategic business alignment. The company will focus on expanding its alliance with leading podcasters and combine Parcast and Gimlet into a renewed Spotify Studios operation.

Portfolio Pulse from Lekha Gupta

June 05, 2023 | 3:50 pm

DIS

Walt Disney Co's (NYSE:DIS) Gay Days event kicked off PRIDE month, despite Florida governor Ron DeSantis' opposition to the LGBTQ+ movement. The event saw a smaller crowd this year, with some travelers avoiding Florida due to safety concerns and the state's stance on LGBTQ+ issues.

Portfolio Pulse from Melanie Schaffer

June 05, 2023 | 2:47 pm

FRPT

JANA Partners, owning 9.5% of Freshpet (NASDAQ:FRPT), responds to the resignation of Freshpet director David Basto and criticizes the company's governance issues. JANA plans to nominate four candidates to Freshpet's Board at the 2023 Annual Meeting.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 2:33 pm

JPM

JP Morgan's CEO Jamie Dimon has no plans to run for political office, according to a statement from the bank.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 2:17 pm

ACRHF

AVTBF

IXHL

JSDA

SHWZ

SPRC

XSHLF

The National Cannabis Industry Association (NCIA) has laid off nearly half of its workforce to reduce costs and remain financially sound in 2023. Avant Brands elected six directors at its annual general shareholders meeting. SciSparc appointed Yaki Baranes as its new strategy and business development VP. Incannex Healthcare added three psychedelic therapy and science experts to its advisory board. XS Financial promoted Justin Vuong to CFO. Acreage Holdings announced the resignation of CEO Peter Caldini, with Dennis Curran taking over. Jones Soda welcomed Ronald Dissinger to its board of directors. Schwazze promoted Nirup Krishnamurthy to CEO.

Portfolio Pulse from Jelena Martinovic

June 05, 2023 | 1:47 pm

AMRS

Amyris has initiated a strategic transformation program and secured funding to achieve its cost reduction target of approximately $250 million from cost of goods sold.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 12:46 pm

PMTS

CPI Card Group announced that President and CEO Scott Scheirman will retire on February 28, 2024. The board will implement a CEO succession plan.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 12:38 pm