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BA

DAL

A Delta Air Lines flight from Atlanta to Ft. Lauderdale returned to Atlanta shortly after takeoff due to the Boeing 757 aircraft 'yawing aggressively'. The incident adds to recent scrutiny of Boeing following other incidents, including a door blowout on a 737 in January.

Portfolio Pulse from Dustin Blitchok

April 15, 2024 | 7:36 pm

BRK

CRM

EBAY

Warren Buffett's annual charity lunch auction, benefiting The Glide Foundation, has ended after raising $53 million over several years, with a record $19 million bid in 2022. Salesforce Inc CEO Marc Benioff will replace Buffett for the 2024 auction, continuing the philanthropic legacy. The auction will be conducted in partnership with eBay Inc, starting at $25,000.

Portfolio Pulse from Chris Katje

April 15, 2024 | 4:49 pm

GM

General Motors (GM) and Bedrock Real Estate are planning to redevelop GM's headquarters, the Renaissance Center in Detroit. The plans, which will be detailed in a news conference by GM CEO Mary Barra and Bedrock Chairman Dan Gilbert, do not involve selling the complex. This redevelopment is part of a broader effort by Gilbert's company to invest in downtown Detroit, where he has been acquiring properties for many years.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 3:27 pm

ABT

Abbott/Thoratec Corp. is recalling HeartMate II and HeartMate 3 LVAS due to a risk of obstruction from biological material buildup, identified as a Class I recall by the FDA. This issue, occurring over two years or more, can lead to serious injuries or death, with 273 reported injuries and 14 deaths. Healthcare professionals and patients using these devices are affected. An Urgent Medical Device Correction Letter was sent to customers on February 19, 2024, advising on monitoring and addressing low flow alarms indicative of this obstruction.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 3:26 pm

E

ENI is planning to sell minority stakes in its low-carbon units by the end of the year, potentially raising €1.3 billion. The company is exploring the sale of up to 10% in its biofuel unit and is in preliminary talks with two suitors for the sale of up to 30% of its bio-plastic business.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 3:07 pm

GS

Goldman Sachs' CEO emphasized a current focus on organic execution of their wealth management strategy during a conference call. He hinted at the possibility of future strategic moves but noted that activity from financial sponsors remains subdued, albeit showing signs of picking up.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 3:06 pm

AAPL

Apple Inc. has responded to Epic Games' lawsuit by denying allegations of violating a court order related to its App Store, accusing Epic Games of trying to increase its profitability by forcing Apple to offer its development tools for free. The legal battle, initiated by Epic Games in 2020 over antitrust claims against Apple's app download and in-app transaction controls, continues as Apple refutes Epic's claims and requests a federal judge to dismiss the contempt charges.

Portfolio Pulse from Rounak Jain

April 15, 2024 | 2:23 pm

APD

Air Products (APD) has received funding from the Ministry of Economic Affairs, Industry, Climate Protection and Energy of North Rhine-Westphalia to build two hydrogen refueling stations in Duisburg and Meckenheim, Germany. These stations, part of a European network, aim to support zero-emission fleets by providing low-carbon energy for heavy-duty vehicles. This initiative aligns with North Rhine-Westphalia's goals to decarbonize heavy-duty transportation and expand its hydrogen infrastructure.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 2:09 pm

TSLA

Bloomberg reporter Ed Ludlow announced on X (formerly Twitter) that Rohan Patel, a key figure at Tesla, has left the company. This departure could have implications for Tesla's future operations and strategic direction.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 2:06 pm

D

Dominion Energy announced the successful launch of Charybdis, the first Jones Act-compliant offshore wind turbine installation vessel, from the Seatrium AmFELS shipyard in Brownsville, Texas. This marks a significant milestone for the Coastal Virginia Offshore Wind (CVOW) project, which also received its final federal permit, allowing offshore construction to begin in May. The vessel, constructed with over 14,000 tons of domestic steel, is designed for turbines of 12 megawatts or larger and represents a major step in the U.S. energy transition and offshore wind industry development.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 2:02 pm