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The European Commission is facing criticism from Europe's second-highest court over transparency issues related to COVID-19 vaccine contracts, particularly involving text messages between Commission head Ursula von der Leyen and Pfizer CEO Albert Bourla. This comes ahead of a crucial vote on von der Leyen's reappointment. The Commission had agreements with several major companies for COVID vaccine supplies, including Pfizer, AstraZeneca, Sanofi, GSK, Johnson & Johnson, BioNTech, and Moderna.

Portfolio Pulse from Vandana Singh

July 17, 2024 | 6:24 pm

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The NTSB has scheduled 20 hours of hearings over two days to investigate the emergency involving an Alaska Airlines Boeing 737 Max 9 on January 5. The hearings will review FAA oversight of Boeing and Spirit AeroSystems.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 4:53 pm

DQ

Daqo New Energy's subsidiary, Xinjiang Daqo, has been ordered by the court to terminate a business cooperation agreement by December 31, 2023, and compensate the plaintiffs for losses and attorney fees totaling RMB3.16 million. The court rejected claims for consequential losses, and the final impact will depend on the appeal outcome.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 1:30 pm

SSTI

SoundThinking has issued a formal response to the NYC Comptroller's audit report on ShotSpotter's accuracy and effectiveness. The 47-page letter includes findings, independent studies, and testimonials that highlight misconceptions about ShotSpotter's efficacy and emphasize its role in supporting NYPD's efforts against gun violence.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 12:33 pm

GRYP

Sphere 3D Corp. has conceded it will no longer seek to impose liability on Gryphon Digital Mining, Inc. for an incident involving the impersonation of Sphere's CFO. This development is part of ongoing litigation between the two companies.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 12:25 pm

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TC Energy Corporation (NYSE:TRP) faces a setback as the Tribunal overseeing its $15 billion NAFTA damages claim ruled it cannot proceed. The decision is based on the USMCA replacing NAFTA, which limits protection to breaches before July 1, 2020. TRP shares are trading slightly lower premarket.

Portfolio Pulse from Lekha Gupta

July 17, 2024 | 10:56 am

BTCUSD

Senator Bob Menendez, who previously criticized Bitcoin as a tool for criminals, has been found guilty of accepting bribes in gold, cash, and a luxury car. Menendez, who chaired the Senate Committee on Foreign Relations, had voiced concerns over Bitcoin's role in cyberattacks and co-sponsored legislation against its adoption in El Salvador. Bitcoin's price rose 3.41% following the news.

Portfolio Pulse from Aniket Verma

July 17, 2024 | 8:33 am

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Apple, Nvidia, and other tech giants have been accused of using YouTube videos to train AI models without creators' consent. Marques Brownlee (MKBHD) highlighted the issue, noting that Apple sourced data from companies that scraped YouTube content. This practice has raised concerns about data privacy and unauthorized content use.

Portfolio Pulse from Benzinga Neuro

July 17, 2024 | 7:57 am

BTCUSD

Craig Wright, who has claimed to be Bitcoin's creator, has been ordered by a UK judge to publicly deny being Satoshi Nakamoto. Wright must post disclaimers on his website, Slack, and X for three to six months. This follows a series of legal battles where Wright's claims were deemed false.

Portfolio Pulse from Aniket Verma

July 17, 2024 | 5:16 am

TSLA

Sen. Bernie Sanders criticized Elon Musk's reported $45 million monthly donations to Donald Trump's presidential campaign, emphasizing the need for public funding of elections and overturning Citizens United. Musk responded with a meme, seemingly denying the report.

Portfolio Pulse from Benzinga Neuro

July 17, 2024 | 2:00 am