Streetbeat News

Corporate Responsibility

AMZN

Amazon has mandated its corporate staff to return to the office five days a week starting January, while its subsidiary One Medical requires a three-day office presence. This decision has sparked criticism among Amazon employees and uncertainty among One Medical staff. The move is part of a broader trend of companies reassessing remote work policies.

Portfolio Pulse from Benzinga Neuro

September 18, 2024 | 5:36 am

MASI

Politan Capital Management, holding an 8.9% stake in Masimo Corporation, announced that Glass Lewis has reiterated its recommendation for Masimo shareholders to vote for both of Politan's independent director nominees.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 9:50 pm

BLNK

Blink Charging has announced a cost reduction plan that includes reducing its global workforce by 14%, which is expected to result in annualized savings of $9 million.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 8:32 pm

ME

23andMe shares are experiencing a decline following the resignation of independent directors from the company's Board.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 8:28 pm

ME

Independent directors of 23andMe's board have expressed concerns over the lack of progress on CEO Anne Wojcicki's proposal and strategic differences regarding the company's future direction.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 8:28 pm

ME

23andMe announced that its independent directors have tendered their resignations, effective immediately. This sudden change in the board could impact the company's governance and strategic direction.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 8:27 pm

LUV

Activist investor Elliott is urging Southwest Airlines' mechanics union to push for the removal of CEO Robert Jordan and for Board Chair Gary Kelly to depart sooner than planned, according to a union memo.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 8:08 pm

RIO

Rio Tinto has initiated a biofuel crop farming trial in Australia to produce renewable diesel. This move is part of their strategy to explore sustainable energy solutions.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 7:32 pm

BYND

A study published in The Lancet links increased meat consumption to a higher risk of Type 2 diabetes, with a 15% risk increase from processed meat and 10% from unprocessed red meat. Beyond Meat offers ADA-certified plant-based alternatives.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 5:23 pm

TSLA

Tesla plans to honor California with a Cybertruck-inspired statue, despite moving its headquarters to Texas. The statue, a stylized California Grizzly bear, will be located near Tesla's engineering headquarters in California, symbolizing Tesla's ongoing connection to the state.

Portfolio Pulse from Chris Katje

September 17, 2024 | 4:27 pm