Streetbeat News

Corporate Responsibility

OMCL

Omnicell has appointed Nnamdi Njoku as Executive Vice President and COO, effective October 7, 2024. This leadership change could influence the company's strategic direction and operational efficiency.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 8:01 pm

MSFT

OpenAI's Chief Technology Officer, Mira Murati, is set to leave the company. This departure could have implications for OpenAI's operations and its partnership with Microsoft, which has invested heavily in OpenAI's technology.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 7:40 pm

MSFT

VGK

OpenAI has signed the core commitments of the EU AI Pact, aligning with European Union regulations on artificial intelligence. This move is part of a broader effort to ensure AI technologies are developed responsibly and ethically.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 6:10 pm

STLA

Stellantis and Leapmotor are launching budget EVs in Europe through a joint venture, Leapmotor International. Stellantis is also searching for a new CEO to replace Carlos Tavares, whose contract expires in 2026. The company faces internal criticism over inventory management.

Portfolio Pulse from Nabaparna Bhattacharya

September 25, 2024 | 4:49 pm

MASI

Masimo Corporation (NASDAQ:MASI) has appointed Michelle Brennan as interim CEO following Joe Kiani's resignation amid legal disputes. The company's shares rose by 5.55% as it reiterated its financial guidance for FY24 and announced board changes. Masimo is also reviewing strategic alternatives for its consumer businesses.

Portfolio Pulse from Nabaparna Bhattacharya

September 25, 2024 | 4:22 pm

SNAP

Snap has signed up to the EU's AI Pact, aligning with the EU's AI Act to promote trustworthy AI. Snap commits to adopting AI governance, mapping high-risk AI systems, and promoting AI literacy among staff.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 4:12 pm

HROW

Harrow is expanding its corporate headquarters and pharmaceutical operations in Nashville, creating nearly 150 new jobs. This expansion reflects the company's growth strategy and commitment to increasing its operational capacity.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 4:03 pm

HSBC

HSBC's Chief Sustainability Officer, Herweijer, emphasized the importance of nuclear energy in the global energy transition and expressed support for governments' nuclear ambitions.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 4:02 pm

AHCO

Advantage Healthcare Holdings has appointed Dinak Nair as its new CEO, effective September 1, 2024, succeeding Ryan Tong. The company is a regional leader in outpatient rehabilitation and sleep centers.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 3:20 pm

SBUX

Starbucks' new CEO, Brian Niccol, has committed to working with the union representing its baristas, Workers United, to negotiate collective bargaining agreements. This marks a shift in Starbucks' approach to unionization, as the company previously resisted union efforts. The union is advocating for fair scheduling, living wages, and equity. Niccol's commitment could impact Starbucks' labor relations and public perception.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 2:30 pm