Streetbeat News

Corporate Responsibility

FXI

SPY

The U.S. State Department is actively warning American businesses about potential risks to their operations and activities in Hong Kong. This advisory highlights concerns over the changing political and regulatory environment in the region.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 3:59 pm

BOX

FOXA

SNAP

YELP

Vice President Kamala Harris has received endorsements from 88 corporate leaders, including CEOs of Box Inc., Yelp Inc., and Snap Inc., for her presidential bid. This support comes amid her proposed tax reforms, including an unrealized gains tax and raising the corporate tax rate to 28%.

Portfolio Pulse from Benzinga Neuro

September 06, 2024 | 1:37 pm

DLO

dLocal has appointed Carlos Menendez as its new Chief Operating Officer. This leadership change could influence the company's strategic direction and operational efficiency.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 12:35 pm

NSSC

NAPCO has responded to a report by Fuzzy Panda, a short seller, refuting allegations and highlighting its strong financial performance. The company reported record revenues, increased dividends, and improved internal controls. NAPCO aims to continue its growth in the security market.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 12:11 pm

LXEH

Lixiang Education Holding Co. has appointed Zhifu Yang as its new Chief Financial Officer, effective September 2. This leadership change could influence the company's financial strategies and operations.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 12:06 pm

ETHUSD

Ethereum co-founder Vitalik Buterin announced he will donate all proceeds from his cryptocurrency holdings, including Ethereum and Layer 2 tokens, to support the Ethereum ecosystem and charitable causes. He will cease investing in new token projects, focusing instead on direct donations to valuable initiatives.

Portfolio Pulse from Murtuza Merchant

September 06, 2024 | 12:00 pm

TSLA

Gary Black, managing partner at The Future Fund, criticized Tesla for not managing its media relations effectively, which he believes led to Elon Musk being excluded from Time Magazine's list of 100 most influential people in AI. Black suggests Tesla should work harder on crafting and delivering its message to the media.

Portfolio Pulse from Anan Ashraf

September 06, 2024 | 10:44 am

MCD

McDonald's is introducing a smaller McFlurry in sustainable packaging as part of its goal to use renewable materials by 2025. This aligns with its broader strategy to address environmental concerns and expand its market presence.

Portfolio Pulse from Benzinga Neuro

September 06, 2024 | 10:02 am

SYY

Sysco Corporation has expanded its fleet with 8 new electric trucks in Victoria, Canada, as part of its global initiative to incorporate over 130 heavy-duty electric tractors. This move aligns with Sysco's commitment to sustainability and serving its diverse customer base.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 7:34 am

NPSCY

X

The Biden administration is set to block Nippon Steel's $15 billion acquisition of U.S. Steel due to national security concerns. United Steelworkers President David McCall criticized U.S. Steel CEO David Burritt and suggested a leadership change to gain union support. The deal faces opposition from both political parties, and Nippon Steel has pledged additional investments to win approval.

Portfolio Pulse from Kaustubh Bagalkote

September 06, 2024 | 3:18 am