Streetbeat News

Corporate Responsibility

BA

Boeing is collaborating with the union and the FAA to review employee safety reports. This initiative aims to address safety concerns and improve workplace conditions.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 1:35 pm

SPWR

SunPower Corporation has announced the termination of employment for its EVP and COO, Jennifer Johnston, effective June 7, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 1:12 pm

BACK

IMAC Holdings has appointed Faith Zaslavsky as the new CEO, succeeding Jeff Ervin.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 1:01 pm

PBR

Brazil's Petrobras has approved the appointment of Magda Chambriard as its new Chief Executive, according to a recent filing.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 12:32 pm

PLCE

The Children's Place (PLCE) issued a Chairman's letter to shareholders, addressing the company's strategic initiatives and future outlook.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 12:17 pm

MNPR

Monopar Therapeutics Inc. (NASDAQ:MNPR) announced the retirement of CFO Kim R. Tsuchimoto, effective June 30, 2024. Karthik Radhakrishnan will succeed her as CFO starting July 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 12:09 pm

LCID

Lucid Group (NASDAQ:LCID) announced a 6% workforce reduction, cutting 400 jobs to lower costs. The stock gained 3% in pre-market trading following the news. The layoffs are part of a restructuring plan expected to be completed by the end of Q3, with charges between $21 million to $25 million. Despite a significant net loss in Q1, Lucid has $5.03 billion in liquidity to sustain operations until the production of the Gravity SUV in 2025.

Portfolio Pulse from Anan Ashraf

May 24, 2024 | 11:39 am

YS

YS Biopharma has announced a legal name change to LakeShore Biopharma Co., Ltd. The ticker symbols for its ordinary shares and warrants will change from 'YS' to 'LSB' and from 'YSBPW' to 'LSBPW', respectively, effective May 28, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 11:33 am

CLF

Cleveland-Cliffs has announced new greenhouse gas emissions reduction goals, targeting a 30% reduction in Scope 1 and 2 GHG emissions intensity per metric ton of crude steel by 2035, and a 20% reduction in upstream Scope 3 GHG emissions intensity by 2035. The company also aims to achieve near net zero emissions by 2050.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 11:10 am

MCD

YUM

McDonald's (NYSE:MCD) and Yum! Brands' (NYSE:YUM) KFC are facing significant sales declines in Asia, the Middle East, and parts of Europe due to boycotts linked to the Israel-Gaza conflict. The boycotts are particularly severe in Muslim-majority countries, impacting McDonald's and KFC outlets in Egypt, Jordan, Morocco, Indonesia, Malaysia, and Pakistan.

Portfolio Pulse from Benzinga Neuro

May 24, 2024 | 10:10 am