Streetbeat News

Corporate Responsibility

LUV

Southwest Airlines is planning significant changes to boost profits, including assigned seating, red-eye flights, and seats with extra legroom. The company faces pressure from Elliott Investment Management for leadership changes. COO Andrew Watterson mentioned 'difficult decisions' ahead, but no station closures or furloughs are planned. More details will be shared at an investor day.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 4:14 pm

DENN

Denny's Inc. (NASDAQ:DENN) has announced key leadership changes with Minh Le as CTO and Christopher Bode as President and COO. These appointments aim to drive technological innovation and operational growth, enhancing guest experiences and operational efficiencies.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 3:40 pm

XOM

The California Attorney General has announced a lawsuit against Exxon Mobil, accusing the company of contributing to global plastic waste pollution. This legal action could have implications for Exxon's operations and reputation.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 3:05 pm

ALE

Minnesota Power has announced plans for two large solar projects in Northern Minnesota, targeting over 200 MW capacity. This is part of their EnergyForward strategy to achieve carbon-free energy.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 3:05 pm

ADNT

Adient, an automotive seating company, is closing two production plants in the Czech Republic and cutting 1,100 jobs as part of a restructuring effort.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 3:05 pm

STLA

Stellantis' CFO highlighted the company's openness to mergers and acquisitions if opportunities arise, while emphasizing the current focus on driving the existing business. This was discussed at the 2024 Bank of America European Autos and Future Car Virtual Conference.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:40 pm

ISRA

The U.S. State Department expressed concern over an Israeli military operation that shut down Al Jazeera's office in Ramallah, stating it contradicts U.S. support for press freedom globally.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:30 pm

CVX

Chevron is transporting nonessential personnel from its Gulf of Mexico facilities due to tropical weather, but production remains unaffected.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:26 pm

STLA

Stellantis plans to source 80% of its supply from best cost countries by 2028, as stated by its CFO at the 2024 Bank of America European Autos and Future Car Virtual Conference.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:25 pm

AMZN

SLB

Amazon and AWS have expanded their partnership with SLB through a multi-year agreement to explore low carbon technology deployment and accelerate digital decarbonization. This collaboration aims to enhance sustainability efforts and digital transformation in the energy sector.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:13 pm