Streetbeat News

Corporate Responsibility

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CURLF

Employees at Cresco Labs Inc.'s Massachusetts-based cannabis cultivation operations voted to de-unionize, reversing their previous decision to unionize with the UFCW Local 328. The decision was influenced by dissatisfaction with wage increases and benefits. Meanwhile, Curaleaf Holdings, Inc. faces protests in Arizona for safer working conditions and wages, with the company refusing to acknowledge the union according to a National Labor Relations Board ruling.

Portfolio Pulse from Jelena Martinovic

April 24, 2024 | 5:04 pm

UNH

UnitedHealth Group's Optum is shutting down its Optum Virtual Care business, which offered online urgent and primary care visits and prescription refills. This move raises questions about UnitedHealth's strategy in the virtual care space, especially after the business was a significant part of its telehealth services expansion in 2021 due to the Covid-19 pandemic.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 4:10 pm

CSCO

'ArcaneDoor' cyberspies, suspected to be state-sponsored and aligned with China's interests, exploited two zero-day vulnerabilities in Cisco's Adaptive Security Appliances to access government networks globally. The campaign, named ArcaneDoor, targeted Cisco's firewalls, allowing hackers to spy on network traffic and maintain access even after device reboots. Cisco has since released patches for these vulnerabilities and advises immediate implementation. This incident highlights a broader trend of targeting network edge devices for espionage.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 4:07 pm

AIRE

reAlpha Tech Corp. (NASDAQ:AIRE) announced the launch of Claire, the first AI-powered, zero-commission Smart Buyer's Agent in real estate, following the NAR's decision to eliminate standard sales commissions. Claire offers a cost-free, AI-driven home buying process, available in select Florida counties, supported by reAlpha Realty's licensed agents. This innovation aims to revolutionize the home buying experience by making it more efficient and accessible.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 3:37 pm

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EADSY

SPR

Boeing's CEO discussed the Spirit deal during a conference call, emphasizing the company's ability to proceed without complete clarity on Airbus's actions. He encouraged Spirit AeroSystems to enhance its business operations.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 3:19 pm

AMZN

GOOG

GOOGL

META

SNAP

SPY

TikTok CEO Shou Chew has publicly responded to the TikTok divestment bill, expressing confidence in prevailing in court and stating that TikTok is not planning to exit the market. This statement comes amidst growing regulatory scrutiny over the app's data privacy practices and its ties to China.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 3:09 pm

EIS

EWT

ISRA

SPY

VGK

President Biden announced the signing of an aid bill for Ukraine, Israel, and Taiwan, stating it marks a great day for world peace and will enhance safety both for America and globally.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 2:59 pm

BA

SPR

Boeing announced during a conference call that a significant pivot for the company hinges on the quantity of clean fuselages it receives from Spirit AeroSystems, following the implementation of new inspection protocols.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 2:54 pm

BA

Boeing's CFO announced during a conference call that the timeline for implementing anti-icing measures remains unchanged. Additionally, there is a plan to increase the production of the 787 model to 5 units per month later this year.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 2:44 pm

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SPR

Boeing announced during a conference call that enhanced quality control standards in Wichita are leading to more predictable and reduced cycle times in their factory. The company expects these improvements, which help the Spirit team prevent nonconformances, to continue.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 2:39 pm