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GT

Goodyear Tire & Rubber Company (NASDAQ:GT) has agreed to sell its Off-the-Road (OTR) tire business to Yokohama Rubber Company for $905 million in cash. The sale is part of Goodyear's strategic Goodyear Forward transformation plan. The transaction is expected to close by early 2025, subject to regulatory approvals.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 7:06 am

JCI

Johnson Controls (NYSE:JCI) is enhancing the fan experience at the Paris 2024 Olympics by integrating advanced building automation systems, HVAC, and fire suppression technologies across eight venues. This initiative aims to improve safety, operational efficiency, and reduce the event's carbon footprint by 50%.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 7:04 am

GOOG

GOOGL

JBLU

SAVE

The selection of J.D. Vance as Donald Trump's vice-presidential candidate has raised concerns about the potential breakup of Alphabet Inc (GOOG, GOOGL). Market strategist Jay Woods, however, downplays these concerns, suggesting that Vance's influence may be limited and that Trump would be the primary decision-maker. The news also touches on the potential impact on the cryptocurrency industry and mentions the JetBlue-Spirit Airlines merger.

Portfolio Pulse from Chris Katje

July 21, 2024 | 1:13 pm

KO

PEP

Billionaire Richard Branson discussed his most significant business failure, Virgin Cola, on the 'Work-Life With Adam Grant' podcast. Despite initial success in the U.K., Virgin Cola failed in the U.S. market, teaching Branson the importance of being an underdog. The news also mentions Coca-Cola (NYSE:KO) and Pepsi (NASDAQ:PEP) as industry giants that Virgin Cola aimed to challenge.

Portfolio Pulse from Anan Ashraf

July 20, 2024 | 5:39 am

BAX

Baxter International has announced that some of its operations are being resumed on a manual basis until full restoration is possible.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 8:24 pm

AAL

American Airlines flight attendants have reached a deal with the company over a new contract, according to Reuters citing the union.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 6:37 pm

SPY

Vice President Kamala Harris is scheduled to speak with major Democratic donors, as reported by the New York Times.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 5:40 pm

META

Meta Platforms Inc (NASDAQ:META) is advancing with its VR and AR hardware plans despite layoffs in its Reality Labs division. The company aims to release the Quest 4 in 2026 and a higher-end headset in 2027. Meta is also working on AR glasses, though they face significant design challenges.

Portfolio Pulse from Franca Quarneti

July 19, 2024 | 5:18 pm

UL

Unilever is reportedly initiating talks to sell its £15 billion ice cream business, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 4:34 pm

MT

Arcelor Mittal has requested Mexican authorities to enforce the rule of law and guarantee security in the municipality where it operates.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 3:15 pm