Streetbeat News

Corporate Responsibility

VINO

Gaucho Group Holdings, Inc. (NASDAQ:VINO) is implementing a corporate restructuring and cost reduction strategy to leverage Argentina's economic reforms. The company projects $1.6 million in savings over the next 12 months by shifting operations to Argentina, benefiting from lower labor costs and a skilled workforce. These changes are expected to enhance operational efficiency, boost e-commerce, and strengthen real estate ventures.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 3:21 pm

BA

Boeing has announced a hiring freeze and cash preservation measures in response to an ongoing strike. This move is aimed at mitigating financial impacts and maintaining stability during the labor dispute.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 3:02 pm

AMZN

Amazon drivers in Queens, New York have joined the Teamsters Union, marking a significant development in labor relations for the company.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 2:51 pm

MA

Mastercard's CFO will continue his role while undergoing treatment for Non-Hodgkin Lymphoma, ensuring stability in the company's financial leadership.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 1:46 pm

LAZY

Lazydays Holdings has announced that Ronald Fleming has taken over as interim CEO and joined the board on September 14, following the departure of John North on September 13.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 1:02 pm

TAK

Vatroslav Mateljic has been appointed as the new General Manager of Takeda Canada, which is expected to strengthen Takeda's leadership in the Canadian biopharmaceutical sector.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 12:47 pm

LSCC

Lattice Semiconductor Corporation has appointed Dr. Ford Tamer as its new CEO, effective immediately. This decision follows a comprehensive search by the company's Board of Directors.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 12:26 pm

LXRX

Lexicon Pharmaceuticals announced the departure of its President and COO, Jeff Wade, effective September 30, 2024. The company is also searching for a new CFO.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 12:17 pm

ALLE

Allegion plc has elected Lauren B. Peters as the next chair of its Board of Directors, effective September 11, 2024. Peters, who has been on Allegion's Board since 2021, will succeed Kirk S. Hachigian. She brings extensive experience from her previous role at Foot Locker.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 12:16 pm

KYTX

Kyverna Therapeutics has appointed Warner Biddle as the new CEO, succeeding Peter Maag. Biddle brings over 30 years of experience in commercial and product planning, particularly in CAR T therapies. Additionally, Christi Shaw joins the Board of Directors, enhancing leadership in cell therapy development.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 12:02 pm