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DJT

Trump Media & Technology Group's shares are trading lower following its Nasdaq debut, amid calls by Democrats for an inquiry into alleged influence peddling.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 3:03 pm

SSL

The Minister of Forestry, Fisheries and the Environment overturned a previous decision, allowing Sasol South Africa (SSA) to regulate sulphur dioxide emissions from its Secunda Operations based on load limits rather than concentration limits, from April 2025 to March 2030. This decision follows an appeal by SSA against the National Air Quality Officer's refusal to permit alternative emission load regulation. Sasol aims to improve air quality and reduce its environmental footprint, and will work with the Minister to finalize regulatory requirements.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 2:29 pm

DELL

FJTSY

HPE

INTC

R2 Semiconductor has filed a patent infringement lawsuit against Intel and its customers, including Dell and HP, in France, following successful court actions in Germany. The lawsuit, which concerns integrated voltage regulation technology, comes ahead of a similar trial against Intel in the U.K. R2 has also sued Amazon Web Services and Fujitsu in Germany for using infringing Intel chips. R2's technology is claimed to be critical to Intel's products in various markets, yet R2 alleges it has not been compensated.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 1:04 pm

AAPL

BTCUSD

ETHUSD

TSLA

The article covers a range of topics from cryptocurrency trends, including Bitcoin's surge as its halving approaches, to US and world politics, the US economy, tech innovations, electric vehicles, and more. Key highlights include Bitcoin, Ethereum, and Dogecoin's price movements, Ripple CEO's market prediction, and various political and economic developments in the US and globally. It also touches on tech updates like Apple's new initiatives and Tesla's focus on autonomy.

Portfolio Pulse from Akanksha Bakshi

April 08, 2024 | 12:49 pm

JRVR

James River Group Holdings, Ltd. (JRVR) announced that the Supreme Court, New York County, Commercial Division, has granted a preliminary injunction against Fleming Intermediate Holdings, ordering Fleming to complete its acquisition of JRG Reinsurance Company Ltd. on or before April 16, 2024. Fleming is a portfolio company of Altamont Capital Partners.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 11:40 am

CASI

CASI Pharmaceuticals has been granted emergency injunctive relief by an emergency arbitrator from the Hong Kong International Arbitration Centre, prohibiting Juventas Cell Therapy Ltd. from commercializing CNCT19 pending the outcome of an arbitration proceeding. The order also mandates cooperation between the parties to ensure new patients can access CNCT19 treatment. CASI intends to vigorously assert its rights and negotiate a temporary arrangement for CNCT19 access during the arbitration.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 11:34 am

REAX

The Real Brokerage Inc. (REAX) has settled a class action lawsuit for $9.25M without admitting liability. The settlement resolves all claims in the Umpa lawsuit and includes changes to business practices but is not expected to materially impact future operations.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 11:03 am

META

US lawmakers have introduced the American Privacy Rights Act, aiming to give consumers control over their personal data and establish a national standard for data collection, use, and transfer by companies. The proposal, which faces uncertain prospects, would allow users to opt out of targeted advertising, require minimal data collection, and enable data access and deletion. It seeks to override state privacy laws but maintains specific state regulations on health or financial data. Companies like Meta, Google, and TikTok, which have faced scrutiny for data practices, could be significantly impacted.

Portfolio Pulse from Ananya Gairola

April 08, 2024 | 8:51 am

RY

Royal Bank of Canada (RBC) has appointed Katherine Gibson as the Interim CFO, effective immediately, following the termination of Nadine Ahn's employment due to a breach of the RBC Code of Conduct. The breach involved an undisclosed personal relationship leading to preferential treatment. An internal review and external legal investigation confirmed no impact on RBC's financial statements or business performance. Gibson, with 22 years at RBC and a background as SVP, Finance & Controller, is recognized for her leadership and strategic insight.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 7:33 am

AAPL

TSLA

Tesla Inc. (NASDAQ:TSLA) is seeking Apple Inc.'s (NASDAQ:AAPL) help in a court case regarding a fatal 2018 Autopilot crash involving an Apple engineer. Tesla aims to prove the driver was distracted by a video game on his phone at the time of the crash. The case is crucial for Tesla's legal strategy of attributing Autopilot-related crashes to driver distraction. Apple engineer James Harding's declaration is part of Tesla's evidence, which the victim's family criticizes as a workaround in the discovery process.

Portfolio Pulse from Benzinga Neuro

April 08, 2024 | 3:23 am