Streetbeat News

Labor Issues

JPM

JPMorgan Chase & Co. is cutting about 40 investment bankers in North America amid a dealmaking slowdown. The cuts affect all levels of seniority and follow the elimination of 20 investment-banking jobs in Asia earlier this week.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2023 | 1:33 am

HRTX

Heron Therapeutics has announced the appointment of Ira Duarte as its new Chief Financial Officer. Duarte brings extensive experience in finance and operations, which will be valuable for the company's growth.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 8:24 pm

DISH

DISH Network announced that Narayan Iyengar will resign as Executive Vice President and COO, effective June 23.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 8:24 pm

DISH

DISH Network CEO Narayan Iyengar announced his resignation as Executive Vice President and COO, effective June 23.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 8:21 pm

MRCY

Mercury Systems Inc has appointed Bill Ballhaus as interim President and CEO following the resignation of Mark Aslett.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 8:08 pm

ABVC

ABVC BioPharma Inc's CEO Dr. Howard Doong has resigned effective June 21, with Uttam Yashwant Patil set to succeed him.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 8:06 pm

SBUX

Starbucks shares are trading lower ahead of a planned union strike, potentially affecting the company's operations.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 5:08 pm

SPR

Spirit AeroSystems is in continued negotiations with the International Association of Machinists and Aerospace Workers for a new collective bargaining agreement. Workers rejected a previous contract proposal, and production in Wichita has been suspended until an agreement is reached.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 5:03 pm

SBUX

Rumors of a strike at Starbucks due to a fallout over Pride month decorations have emerged, potentially involving over 150 stores and 3,500 workers. Despite the controversy, Starbucks remains a reliable dividend payer with a current yield of 2.16%.

Portfolio Pulse from AJ Fabino

June 23, 2023 | 4:47 pm

HD

Home Depot (NYSE:HD) has agreed to pay $72.5 million to settle a wage lawsuit in California for underpaying workers. The settlement will cover more than 272,000 workers, with about half going to hourly wage employees.

Portfolio Pulse from Shivani Kumaresan

June 23, 2023 | 4:45 pm