Streetbeat News

Corporate Responsibility

ME

23andMe shares are experiencing a decline following the resignation of independent directors from the company's Board.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 8:28 pm

ME

Independent directors of 23andMe's board have expressed concerns over the lack of progress on CEO Anne Wojcicki's proposal and strategic differences regarding the company's future direction.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 8:28 pm

ME

23andMe announced that its independent directors have tendered their resignations, effective immediately. This sudden change in the board could impact the company's governance and strategic direction.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 8:27 pm

LUV

Activist investor Elliott is urging Southwest Airlines' mechanics union to push for the removal of CEO Robert Jordan and for Board Chair Gary Kelly to depart sooner than planned, according to a union memo.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 8:08 pm

RIO

Rio Tinto has initiated a biofuel crop farming trial in Australia to produce renewable diesel. This move is part of their strategy to explore sustainable energy solutions.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 7:32 pm

BYND

A study published in The Lancet links increased meat consumption to a higher risk of Type 2 diabetes, with a 15% risk increase from processed meat and 10% from unprocessed red meat. Beyond Meat offers ADA-certified plant-based alternatives.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 5:23 pm

TSLA

Tesla plans to honor California with a Cybertruck-inspired statue, despite moving its headquarters to Texas. The statue, a stylized California Grizzly bear, will be located near Tesla's engineering headquarters in California, symbolizing Tesla's ongoing connection to the state.

Portfolio Pulse from Chris Katje

September 17, 2024 | 4:27 pm

BTCUSD

Howard Winklevoss has donated $4 million in Bitcoin to Grove City College, marking the institution's first Bitcoin gift. This donation will fund new business programs, and the college will name its new business school the Winklevoss School of Business. The Winklevoss family has been influential in the cryptocurrency space, with Howard's sons, Cameron and Tyler, being prominent figures in the industry.

Portfolio Pulse from Murtuza Merchant

September 17, 2024 | 4:00 pm

UNP

Union Pacific Railroad's Community Ties Giving Program has awarded over $5.2 million in grants to 487 nonprofit organizations across its 23-state network. These grants focus on safety, workforce development, community vitality, and environmental sustainability.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 3:02 pm

ACN

Accenture shares have dropped following unconfirmed rumors that the company plans to postpone the majority of its promotions by six months due to a dim outlook.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 2:12 pm