Streetbeat News

Corporate Responsibility

STLA

UAW members at a Stellantis parts center in Los Angeles have overwhelmingly voted to authorize a strike if the company does not make U.S. investments. This is the first strike authorization vote at Stellantis.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 3:17 pm

STLA

Stellantis, the parent company of Jeep and Ram, is implementing strict cost-cutting measures to conserve cash and reverse declining profits. The company's CFO has revived the 'doghouse' approach to limit external spending.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 2:50 pm

NEON

Neonode Inc. has terminated its agreement with Redeye AB for financial advisory and investor relation services. The company is seeking alternative options to maintain effective communication with stakeholders.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 1:28 pm

GOOGL

META

NFLX

SNAP

Telegram's recent policy change to share user data with authorities marks a significant shift in its privacy stance, sparking discussions on how social media giants like Meta, X, and LinkedIn balance user privacy with government demands. This trend highlights the growing pressure on tech companies to comply with regulations while maintaining user trust.

Portfolio Pulse from Surbhi Jain

October 04, 2024 | 12:56 pm

META

Revolut has criticized Meta Platforms for not taking responsibility in reimbursing fraud victims, despite a high percentage of scams originating from Meta's platforms. Revolut calls for Meta to support victims similarly to financial institutions.

Portfolio Pulse from Ananya Gairola

October 04, 2024 | 5:31 am

AAWH

CRLBF

The International Brotherhood of Teamsters has added 50,000 new members in under three years, partly due to growth in the cannabis industry. The union has successfully organized workers across the cannabis supply chain, including at companies like Cresco Labs and Ascend Cannabis. This expansion reflects a broader trend of workers seeking union representation for better wages and conditions.

Portfolio Pulse from Rolando García

October 03, 2024 | 10:33 pm

AFTLF

Afrimat (OTC:AFTLF), a South African mining company, is venturing into the hemp industry by partnering with Hemporium to use hemp-based materials for building expansion in Cape Town. This move aligns with South Africa's push to grow the hemp sector and Afrimat's sustainability initiatives.

Portfolio Pulse from Nicolás Jose Rodriguez

October 03, 2024 | 10:08 pm

NEU

NewMarket Corporation announced that William Skrobacz will step down as Vice President and CFO by the end of 2024, with plans to retire in 2025. Timothy Fitzgerald has been named as his successor.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 9:05 pm

DWAC

Trump Media & Technology Group announced that Andrew Northwall has resigned as COO effective September 28, with plans to transition COO duties internally.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:33 pm

AMN

AMN Healthcare Services has appointed Brian Scott as CFO and COO, effective November 21, 2024. Scott, who previously served as CFO from 2011 to 2021, returns to oversee finance and operations as the company aims to enhance automation and scalability. This follows Jeffrey Knudson's departure as CFO on November 8, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:33 pm