Streetbeat News

Labor Issues

UAL

United Airlines has resumed hiring pilots, according to a company executive. This move indicates a positive outlook for the airline industry and suggests that United Airlines is preparing for increased travel demand.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 2:49 pm

UAL

United Airlines is projected to hire close to 10,000 new team members in 2024, according to a company executive.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 2:39 pm

UAL

United Airlines has hired over 4,000 new team members since January, including over 800 pilots and more than 600 flight attendants.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 2:29 pm

PARA

PARAA

Paramount's leadership team is set to announce job cuts and plans for a streaming joint venture at their annual meeting.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:05 pm

BR

Broadridge Financial Solutions, Inc. (NYSE:BR) announced that CFO Edmund Reese will step down effective June 30, 2024, to join Aon. Ashima Ghei will serve as Interim CFO while a search for a permanent successor is conducted.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:03 pm

HTZ

SAVE

Spirit Airlines CFO Scott Haralson will join Hertz Global Holdings as the new finance chief, aiming to lead cost-cutting efforts. Spirit Airlines appoints Brian McMenamy as interim CFO. Hertz faces significant financial challenges, including a higher-than-expected Q1 loss and plans to remove 30,000 electric vehicles from its fleet.

Portfolio Pulse from Anan Ashraf

June 04, 2024 | 8:45 am

GOOG

GOOGL

MSFT

Microsoft and Alphabet have announced significant layoffs despite strong financial performance. Microsoft is cutting around 1,000 jobs, including in its mixed reality and Azure departments, while Alphabet is laying off at least 100 employees in its cloud unit.

Portfolio Pulse from Ananya Gairola

June 04, 2024 | 4:10 am

ACB

AKAN

CGC

HITI

LFLY

SHFS

VFF

The article highlights recent executive changes in the cannabis industry, including new appointments and board changes across various companies. Notable changes include Michelle Reddish's nomination as Rhode Island's first cannabis administrator, board changes at Canopy Growth Corporation, Aurora Cannabis, and others.

Portfolio Pulse from Jelena Martinovic

June 04, 2024 | 1:58 am

OSK

Oshkosh Corporation has appointed Michael Pack as the new President of its Vocational Segment, succeeding the retiring Jim Johnson.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 8:33 pm

MSFT

Microsoft is cutting hundreds of employees from its Azure cloud business, with reports suggesting as many as 1,500 job cuts. This move is part of a broader effort to streamline operations and improve efficiency within the company.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 7:54 pm