Streetbeat News

Corporate Responsibility

WMT

Walmart is investing in 74 Solar Landscape community solar projects in Maryland and Illinois, expected to generate 43 megawatts of solar capacity and reduce energy costs for over 3,600 households. The projects aim to save subscribers about $1 million annually.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 7:54 pm

AAPL

Dan Riccio, a key executive at Apple who played significant roles during both Steve Jobs' and Tim Cook's leadership, is set to retire. His departure marks the end of an era for Apple, as Riccio was instrumental in the development of several major products.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 6:53 pm

MSOS

C3 Industries CEO Ankur Rungta expressed skepticism about federal reform and uncertainty regarding 280E reform. He noted potential slight improvements in the macro and consumer environment, emphasizing the need to enhance business operations.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 6:28 pm

STLA

Stellantis CEO is considering a significant management shakeup amid increasing pressure. This move could impact the company's strategic direction and operational efficiency.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 5:52 pm

AMZN

Matt Wood, the Vice President of AI at Amazon Web Services (AWS), has departed from the company. This departure could impact AWS's AI strategy and operations.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 5:16 pm

HCA

HCA Florida Healthcare has evacuated patients from five hospitals to sister facilities in preparation for Hurricane Milton. This proactive measure is part of their emergency response to ensure patient safety amid the impending natural disaster.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 4:57 pm

SPY

President Biden announced that his administration will maintain pressure on companies to keep prices stable during Hurricane Milton. He criticized disinformation about the hurricane, including statements by Trump, as reckless.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 4:49 pm

MSOS

Jon Lowen, Co-CEO of Surfside, highlights the benefits of compliance in the cannabis industry, noting it provides a valuable dataset that many other industries lack. This compliance is seen as a positive aspect for the industry.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 4:34 pm

MSFT

OpenAI is considering adopting a public benefit structure to protect itself from hostile takeovers and ensure its mission remains focused on public good. This move aims to shield CEO Sam Altman from external interference. The structure is largely untested in the corporate world.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 4:25 pm

ABNB

Reuters retracted a headline about Airbnb offering temporary housing to people impacted by hurricanes. The previous headline has been deleted.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 3:10 pm