Streetbeat News

Corporate Responsibility

AMZN

TSLA

Elon Musk highlighted that Tesla has built more EV charging infrastructure in the U.S. than Amazon and the federal government. Tesla has over 2,200 public supercharger locations with nearly 26,000 charging ports in the U.S., while Amazon has installed 17,000 chargers at its warehouses. The federal government lags significantly behind with only 41 station locations and 80 EV charging ports.

Portfolio Pulse from Anan Ashraf

May 24, 2024 | 8:26 am

MSFT

OpenAI has decided to release the majority of its former employees from non-disparagement agreements linked to their exit contracts and equity. This decision follows concerns raised by employees and a report by Vox. OpenAI has assured that it will not cancel any vested equity of employees who speak out about the company. This policy change comes amid other significant events for OpenAI, including the launch of GPT-4o and a legal dispute with Scarlett Johansson.

Portfolio Pulse from Ananya Gairola

May 24, 2024 | 1:34 am

CVX

OXY

XOM

Senate Democrats are investigating claims that former President Donald Trump proposed a deal with leading oil and gas companies to roll back environmental regulations in exchange for $1 billion in campaign contributions. The investigation targets companies like ExxonMobil, Chevron, and Occidental Petroleum, and aims to highlight Trump's industry connections ahead of the November elections.

Portfolio Pulse from Benzinga Neuro

May 24, 2024 | 1:15 am

GIL

Browning West has announced the replacement of Gildan Activewear's entire board. The new eight-member slate of directors will stand for election at the 2024 annual meeting.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:00 pm

GIL

Gildan Activewear announced that its entire Board of Directors has resigned, and Vince Tyra has stepped down as President and CEO. The outgoing Board has appointed Browning West nominees to the Board of Directors and has ceased discussions regarding the previously announced sale process.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 9:57 pm

NWN

NW Natural CEO David H. Anderson plans to retire on April 1, 2025, with Justin B. Palfreyman designated as his successor. The Board of Directors has approved this transition.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 9:18 pm

HL

Hecla Mining has appointed Catherine Boggs, its current Chair of the Board, as Interim President and CEO following the retirement of Phillips Baker. Charles B. Stanley will serve as Lead Independent Director starting May 23, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 8:42 pm

EHAB

Enhabit has concluded its strategic review process without any formal proposals and announced that AREX Capital Management intends to nominate seven candidates for election to the company's board at the 2024 Annual Meeting.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 8:39 pm

TRC

Tejon Ranch shareholder Glenbrook Capital Management is urging the company to conduct periodic investor calls and adopt an investor outreach program to enhance transparency.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 8:29 pm

SPNT

SiriusPoint Ltd. has announced the appointment of Jim McKinney as the new Chief Financial Officer, effective June 3, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 8:16 pm