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Altria and NJOY plan to appeal an ITC judge's initial ruling favoring JUUL in a patent dispute. NJOY is also pursuing alternative resolutions and FDA exemptions to continue marketing its ACE product.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 12:09 pm

CMG

SBUX

The National Labor Relations Board has accused Chipotle of unlawfully withholding pay raises from unionized workers in Lansing, Michigan. The NLRB may file a formal complaint unless resolved. This comes amid leadership changes, with CEO Brian Niccol moving to Starbucks.

Portfolio Pulse from Benzinga Neuro

August 27, 2024 | 9:19 am

BTC-USD

Pavel Durov, founder of Telegram, has been arrested in France, allegedly orchestrated by the US, according to a Russian official. The UAE seeks urgent consular access for Durov, a UAE citizen. Durov faces serious charges, and his arrest has raised global concerns, especially given Telegram's role in Russian military communications.

Portfolio Pulse from Benzinga Neuro

August 27, 2024 | 8:08 am

FLUT

Aviator LLC has won a $330 million intellectual property lawsuit against Flutter Entertainment's Adjarabet and Spribe OÜ. This legal victory could have financial implications for Flutter Entertainment.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 7:12 am

GOOG

Google Chrome, owned by Alphabet Inc. (NASDAQ:GOOG), has introduced a new haptic feedback feature in its Chrome 128 update for Android users. This feature triggers a subtle vibration when users pull to refresh a page. The update is part of a series of changes amidst legal challenges and regulatory pressures faced by Google.

Portfolio Pulse from Ananya Gairola

August 27, 2024 | 6:05 am

BTCUSD

XRPUSD

John Deaton, a pro-cryptocurrency attorney, challenges Senator Elizabeth Warren on her stance against corporate greed, highlighting her past legal defense of Travelers Insurance. Deaton, a supporter of cryptocurrencies, has received significant backing from the crypto community, including a $1 million Bitcoin donation from the Winklevoss twins.

Portfolio Pulse from Aniket Verma

August 27, 2024 | 4:33 am

TCNNF

The American Civil Liberties Union of Florida (ACLU-FL) has endorsed Amendment 3, which seeks to legalize cannabis for recreational use in Florida. Despite Governor Ron DeSantis' opposition, support for the amendment is growing, with significant financial backing from firms connected to his own super PAC. Trulieve Cannabis Corp, a major financial backer of the amendment, is also involved through its association with DeSantis' advisor Nick Iarossi.

Portfolio Pulse from Maureen Meehan

August 26, 2024 | 10:44 pm

SONY

WMG

Former President Donald Trump used the Foo Fighters' song 'My Hero' at a rally without permission. The band plans to donate any royalties from this use to Kamala Harris' campaign. The song was originally released under Capitol Records, a unit of Warner Music Group (NASDAQ:WMG), and later under RCA Records, a unit of Sony Group Corp (NYSE:SONY).

Portfolio Pulse from Chris Katje

August 26, 2024 | 9:32 pm

META

Telegram's safety and privacy are under scrutiny following the arrest of its founder, Pavel Durov, by French authorities. The app, popular for its privacy features, is criticized for not being as secure as WhatsApp or Signal. Telegram's use by criminal organizations and its metadata policies are points of concern. Meta Platforms Inc (NASDAQ:META), owner of WhatsApp, is also mentioned in the context of privacy and data sharing.

Portfolio Pulse from Natan Ponieman

August 26, 2024 | 9:11 pm

PDD

Shein has filed a lawsuit against Temu, accusing it of copyright infringement and trade secret theft. The lawsuit claims Temu loses money on each sale and uses trademark infringement to compensate. Shein alleges Temu encourages sellers to infringe intellectual property rights and sell counterfeit goods. The legal battle highlights ongoing tensions between the two fast-fashion giants, both facing criticism for labor practices and IP issues.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 7:57 pm