Streetbeat News

Corporate Responsibility

DB

DSEEY

JPM

MUFG

SFTBF

Daiwa Securities Group has allowed nearly 9,000 employees in Japan to use AI-powered chatbot ChatGPT, aiming to streamline retail business and improve efficiency. Other financial institutions, such as Deutsche Bank, JP Morgan, Softbank Group, and Mitsubishi UFJ Financial Group, are also exploring AI applications.

Portfolio Pulse from Anusuya Lahiri

June 05, 2023 | 11:42 am

HSC

Harsco Corporation has changed its legal name to Enviri Corporation, effective immediately. The company will begin trading under the new symbol 'NVRI' on June 19, 2023. Harsco Environmental, Clean Earth, and Harsco Rail will continue to operate as divisions of Enviri.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 11:15 am

HTOO

Fusion Fuel Green PLC (NASDAQ:HTOO) has appointed Frederico Figueira de Chaves as CEO, Gavin Jones as interim CFO, and André Antunes as COO. Jaime Silva will add the title of Head of Innovation. Zachary Steele and Jason Baran will step down from their roles to pursue other opportunities.

Portfolio Pulse from Shivani Kumaresan

June 05, 2023 | 10:54 am

TSLA

Tesla CEO Elon Musk stated that the company is prioritizing safety over comfort for its Full-Self Driving (FSD) Beta. As Tesla becomes more confident in FSD Beta's safety, comfort will follow. FSD Beta 11.4 started shipping to Tesla employees in early May, and Musk mentioned that a full self-driving free trial will be rolled out once FSD is 'super smooth' and not just safe.

Portfolio Pulse from Anan Ashraf

June 05, 2023 | 4:03 am

DIS

Walt Disney's Pixar Animation Studios has eliminated 75 positions, including two executives behind the box office disappointment 'Lightyear'. The cuts are part of Disney CEO Bob Iger's plan to eliminate 7,000 jobs and slash $5.5 billion in costs.

Portfolio Pulse from Happy Mohamed

June 03, 2023 | 6:13 pm

NTDOY

Nintendo has decided to wind down its operations in Russia, offering limited service for the Russian version of Nintendo eShop. The creation of new Nintendo accounts with a country setting of Russia is no longer possible, and payment information will be deleted for security reasons.

Portfolio Pulse from Franca Quarneti

June 02, 2023 | 9:25 pm

PHUN

Phunware has announced the appointment of Troy Reisner as its new CFO, succeeding Matt Aune, effective June 2. Reisner brings extensive experience in finance and operations to the company.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 8:32 pm

ILMN

Over 400 patients of Grail, a cancer detection startup, were incorrectly informed they may have cancer due to a software error. Grail is a subsidiary of Illumina, a biotechnology company.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 7:21 pm

AAPL

Patrick O'Neill, former chief creative officer at Theranos, shared his experience working with Elizabeth Holmes in an essay with Business Insider. He described Holmes as a brilliant visionary and initially believed in her mission. However, after a series of accusations and lab shutdowns, O'Neill left the company in 2017, having developed a deep-seated distrust for the 'fake it until you make it' mentality in Silicon Valley.

Portfolio Pulse from AJ Fabino

June 02, 2023 | 7:08 pm

CPTR

Oliver Summers, once a street-level pot dealer, is now the CEO of publicly traded cannabis company Chai Cannabis Co. (CSE:CPTR). His journey from illegal pot dealer to corporate cannabis CEO is detailed in his upcoming book, 'The Duke Of Pico: Illegal Pot Dealer To Corporate Cannabis CEO In Thirty Years'.

Portfolio Pulse from Javier Hasse

June 02, 2023 | 6:29 pm