Streetbeat News

Corporate Responsibility

AI

C3.ai has appointed Merel Witteveen as Interim COO until July 31, 2024. She will continue to report to CEO and Chairman Thomas M. Siebel.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 8:12 pm

FLYX

flyExclusive, Inc. (NYSEAMERICAN: FLYX) has announced the promotion of Matt Lesmeister to Chief Financial Officer, effective June 25, 2024. Additionally, Zach Nichols has been promoted to Chief Accounting Officer.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 8:08 pm

TGLS

Tecnoglass announced that its Board of Directors will conduct a review of strategic alternatives while reaffirming its FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 8:07 pm

MEI

Methode Electronics has appointed Jon DeGaynor as its new President and CEO, effective July 15, 2024. DeGaynor will succeed Kevin Nystrom, who has been serving as interim CEO since May 7, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 8:05 pm

CEG

D

DUK

EVRG

GOOGL

MSFT

PEG

The rapid development of AI by big tech companies is causing significant environmental concerns, including increased energy and water consumption. Companies like Alphabet, Amazon, and Microsoft are driving up demand for data center power, which is straining energy providers like Dominion Energy. Coal and nuclear energy companies are seeing increased demand as a result. Microsoft is also working on a nuclear fusion generator to reduce AI-related carbon emissions by 2028.

Portfolio Pulse from Hayden Buckfire

June 25, 2024 | 7:55 pm

NSC

Norfolk Southern has announced that paving improvements have begun at its Harrisburg Intermodal Facility, with the project expected to be completed by July 15.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 7:09 pm

LIT

XOM

Exxon Mobil has announced that it has no plans to expand into hard rock lithium mining or develop its own direct lithium extraction technology. Instead, the company will focus on its core competencies in subsurface fluids. However, Exxon is considering lithium expansion projects globally, according to executive Patrick Howarth.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 6:33 pm

PARA

Paramount Global is in discussions with international streaming partners, as revealed during a company town hall meeting where CEOs addressed the company's future strategies.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 5:51 pm

GD

LMT

NOC

RTX

The Air Force has removed the head of its $131 billion ICBM program due to a failure to follow organizational procedures. This removal is stated to be separate from an ongoing inquiry into the program's soaring costs.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 5:48 pm

RDDT

Reddit has announced that good faith actors, including researchers and organizations like Internet Archive, will continue to have access to Reddit content for non-commercial use.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 5:38 pm