Streetbeat News

Corporate Responsibility

TRP

TC Energy shareholders have approved the spinoff of the company's liquids pipelines business. Shareholders will receive one new common share of TC Energy and 0.2 of a common share in a new public company named South Bow Corporation for each common share of TC Energy held.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 9:04 pm

WFRD

Weatherford has signed a Memorandum of Understanding (MoU) with QatarEnergy to advance the Tawteen In-Country Value Program. The terms of the agreement have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 8:31 pm

CRNC

Cerence Inc. (NASDAQ:CRNC) has appointed Tony Rodriquez as its interim CFO, effective June 4, 2024. Rodriquez brings over 25 years of financial leadership experience across various industries.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 8:18 pm

ALSN

Allison Transmission Holdings, Inc. (NYSE: ALSN) has appointed G. Frederick Bohley III as the new Chief Operating Officer, effective immediately. This decision was approved by the company's Board of Directors.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 8:14 pm

GOOG

GOOGL

MSFT

An open letter signed by current and former employees of AI companies, including OpenAI, Anthropic, and Alphabet Inc's Google DeepMind, calls for better transparency and protections for whistleblowers. The letter highlights risks such as inequality, misinformation, and autonomous weapons, and criticizes the lack of effective oversight and whistleblower protections.

Portfolio Pulse from Vandana Singh

June 04, 2024 | 7:53 pm

CMCSA

F

Ford Motor Co (NYSE:F) is set to unveil the renovated Michigan Central Station in Detroit, a project costing over $900 million. The opening event will feature performances by Diana Ross and Jack White, and will be broadcast live on Comcast's (NASDAQ:CMCSA) Peacock. Ford plans to employ 1,000 workers at the site by the end of 2024, with a goal of 2,500 by 2028.

Portfolio Pulse from Hayden Buckfire

June 04, 2024 | 7:50 pm

PARA

PARAA

Paramount Global's Co-CEOs have rescheduled their Wednesday town hall to June 25 due to ongoing speculation about potential mergers and acquisitions.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 7:38 pm

AMZN

Amazon's union is seeking to join the Teamsters to strengthen its membership ranks, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 7:13 pm

ACI

UBER

Uber Technologies, Inc. (NYSE:UBER) and Albertsons Companies (NYSE:ACI) announced a joint initiative to combat food insecurity and reduce food waste. The program, part of the 2024 White House Challenge to End Hunger and Build Healthy Communities, will use Uber Direct to deliver surplus food from Albertsons stores to local non-profits and food banks. Initially launched in Washington D.C., the program will expand to Boston, Chicago, and Denver.

Portfolio Pulse from Dylan Berman

June 04, 2024 | 6:37 pm

SPY

President Biden has announced that he will not separate children from their families at the border and plans to discuss reforms to make the immigration system more fair and just in the coming weeks.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 6:29 pm