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Corporate Responsibility

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Charles Hoskinson, co-founder of Ethereum and founder of Cardano, has publicly disagreed with Vitalik Buterin on the issue of mixing politics with cryptocurrencies. Hoskinson urged voters to support pro-crypto candidates and criticized the Biden administration's policies, which he believes are detrimental to the crypto industry. This ongoing rivalry between Hoskinson and Buterin highlights differing visions for the future of cryptocurrency.

Portfolio Pulse from Aniket Verma

July 18, 2024 | 5:54 am

COF

DFS

Capital One Financial Corporation (NYSE:COF) shares are trading higher following the announcement of its intention to acquire Discover Financial Services (NYSE:DFS). Discover reported better-than-expected Q2 earnings, and Capital One unveiled a $265 billion community benefits plan as part of the acquisition.

Portfolio Pulse from Erica Kollmann

July 17, 2024 | 9:43 pm

ALK

Alaska Air has reached a tentative agreement with its mainline flight attendants, with voting on the agreement expected to conclude by mid-August.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 9:27 pm

MEOH

Methanex and Entropy have entered into an agreement to invest in a pre-FEED study for Carbon Capture, Utilization, and Sequestration (CCUS) deployment at Methanex's Alberta facility.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 9:04 pm

VTNR

Vertex Energy announced that James Rhame will retire as COO effective July 25, 2024, and will continue in a consulting role through the end of 2024. Doug Haugh, the current Chief Commercial Officer, will serve as interim COO.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 9:01 pm

LH

Labcorp workers in Washington have ratified a new three-year contract that includes higher wages for every position and the elimination of ghost steps.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 8:41 pm

CCI

Crown Castle announced a reduction in staffing and field office locations, expecting to achieve approximately $100 million in annualized cost savings.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 8:35 pm

VLGEA

Village Super Market, Inc. (NASDAQ:VLGEA) announced the passing of its Chairman of the Board, William Perry Sumas. Robert Sumas, the CEO and Vice Chairman, will serve as the interim Chairman until a new Chair is appointed.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 8:22 pm

ARKK

COIN

Ethereum co-founder Vitalik Buterin advises against choosing political allegiances based solely on pro-crypto stances. He warns that politicians who appear pro-crypto today might not be in the future and emphasizes the importance of foundational freedoms over cryptocurrency support. This comes as more business and crypto figures, including the Winklevoss twins, donate to Trump's campaign due to his pro-crypto stance.

Portfolio Pulse from Chris Katje

July 17, 2024 | 8:19 pm

WOOF

Petco Health and Wellness has appointed Joel D. Anderson as CEO, effective July 29, 2024. Michael Mohan will transition from interim CEO to chair a new Board committee focused on value creation initiatives.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 8:03 pm