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Corporate Responsibility

TMUS

SpaceX, led by Elon Musk, is offering free Starlink satellite internet service to victims of Hurricanes Helene and Milton until the end of the year. This initiative, supported by temporary FCC authorization, aims to aid disaster recovery by providing essential communication services. SpaceX and T-Mobile have activated Direct-to-Cell coverage to enhance emergency alerts in affected areas.

Portfolio Pulse from Rounak Jain

October 12, 2024 | 6:56 am

AAPL

Apple Inc. (NASDAQ:AAPL) is facing a second complaint this month from the U.S. National Labor Relations Board (NLRB) for allegedly restricting employee advocacy on social media and Slack. The complaint includes accusations of unlawful work rules and employee termination related to workplace advocacy. Apple denies the allegations and is committed to defending its position.

Portfolio Pulse from Ananya Gairola

October 12, 2024 | 6:25 am

VRA

Vera Bradley, Inc. has adopted a limited duration shareholder rights plan to protect shareholders' interests and maximize value. The plan aims to prevent any entity from gaining control without negotiating with the Board and paying a control premium. It is effective immediately and will expire on October 11, 2025.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 8:01 pm

VERB

Verb Technology's shares surged after CEO Rory J. Cutaia's optimistic shareholder letter highlighted the company's strong financial position and undervaluation. The letter detailed Verb's market cap, cash holdings, and restructuring into a holding company with promising business units. The stock rose 47.8% to $7.70.

Portfolio Pulse from Vaishali Prayag

October 11, 2024 | 7:57 pm

FE

FirstEnergy's subsidiary, Mon Power, has received $5 million in federal funding from the U.S. Department of Energy to improve electric service reliability in rural West Virginia. This funding is part of the ERA program under the Bipartisan Infrastructure Law.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 7:42 pm

CVS

CVS Health Corp is planning to exit its core infusion services business, which may lead to job cuts. This strategic move is part of the company's efforts to streamline operations.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 7:19 pm

FNF

Fidelity Investments experienced a data breach in August, affecting 77,099 customers. While no funds were accessed, personal information may have been compromised. Fidelity is offering affected customers two years of free credit monitoring and advises vigilance against identity theft.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 5:38 pm

UAL

United Airlines Aircraft Maintenance Technicians, represented by the Teamsters, held a nationwide rally demanding better wages, safety standards, and healthcare. They warn of technician shortages as negotiations with United Airlines continue.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 4:45 pm

WULF

Hunterbrook reported that WULF has started removing references to being a 'zero-carbon Bitcoin miner' from its website, social media, and SEC filings following an investigation.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 4:05 pm