Streetbeat News

Regulatory

DLAKY

Lufthansa (OTC:DLAKY) has temporarily halted its flights to Tehran due to the ongoing crisis in the Middle East, following a suspected Israeli airstrike on the Iranian embassy in Syria. The suspension, which began on April 6, is expected to last until at least April 11, reflecting the airline's commitment to safety. This decision comes amid heightened tensions in the region, with the U.S. warning of potential Iranian retaliatory attacks. The situation has also led to a sharp rally in oil prices.

Portfolio Pulse from Benzinga Neuro

April 11, 2024 | 7:11 am

CHTR

T

VZ

The FCC has mandated ISPs to display 'nutrition labels' for their broadband plans to help consumers compare plans and avoid hidden fees. This rule applies to all but the smallest ISPs and includes details like prices, rates, data allowances, and broadband speeds. Verizon, Google Fiber, and T-Mobile have complied ahead of the deadline. The mandate aims to increase transparency amid challenges for ISPs, including potential cuts to a federal program aiding 23 million American households with internet access. Companies like AT&T, Verizon, and Charter Communications could be significantly impacted.

Portfolio Pulse from Benzinga Neuro

April 11, 2024 | 5:30 am

COIN

Coinbase CEO Brian Armstrong publicly supports cryptocurrency and Uniswap amidst SEC regulatory scrutiny, highlighting the importance of crypto advocacy. Armstrong's stance, shared on social media, emphasizes the need for the crypto community to engage in the legislative process and stand against what he perceives as targeted regulatory actions by the SEC. This comes as Uniswap Labs receives a Wells notice from the SEC, with both Armstrong and Uniswap's founder expressing readiness for a potential legal battle to defend their operations.

Portfolio Pulse from Benzinga Neuro

April 11, 2024 | 3:00 am

CEAD

CEA Industries is actively evaluating merger and acquisition opportunities and other alternatives for its future. On April 9, the company received a notice from Nasdaq about the delisting of its shares of common stock and common stock warrants, which will take effect on April 18.

Portfolio Pulse from Charles Gross

April 10, 2024 | 8:57 pm

BTCUSD

Billionaire Mike Novogratz predicts Bitcoin and precious metals will surge due to potential Federal Reserve interest rate cuts. He sees no solid reason for the cuts but believes they will happen, benefiting BTC, gold, silver, and copper. Novogratz also discusses the social risks of rapid cryptocurrency wealth accumulation, suggesting it could lead to societal strife.

Portfolio Pulse from Murtuza Merchant

April 10, 2024 | 8:41 pm

UNIUSD

Uniswap's founder, Hayden Adams, announced that the SEC has served the decentralized exchange with a Wells notice, indicating potential regulatory action. Adams vows to fight the SEC, criticizing its approach to regulation and accusing it of targeting reputable companies like Uniswap and Coinbase while ignoring others. He highlights Uniswap's significant growth and its processing of over $2 trillion in volume, asserting that the platform exemplifies the SEC's goals better than the SEC itself.

Portfolio Pulse from Murtuza Merchant

April 10, 2024 | 8:40 pm

ARTNA

Artesian Resources' subsidiary, Artesian Water, announced its readiness to meet the new drinking water standards set by the US Environmental Protection Agency (EPA).

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 8:27 pm

CWT

California Water Service Group (CWT) announced its utilities are prepared to comply with new PFAS regulations, believing its subsidiaries can treat impacted water sources within the EPA's five-year compliance timeline.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 8:18 pm

IMNN

Imunon has filed a Form RW with the SEC, deciding not to proceed with the previously planned public offering. The registration statement for this offering has not been declared effective by the SEC, and Imunon confirms that no securities have been sold under this registration.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 8:09 pm

WRNT

Warrantee has received a deficiency notification from Nasdaq due to not filing its interim report on Form 6-K in a timely manner. This notification is a procedural step indicating non-compliance with Nasdaq's listing rules, which could potentially impact Warrantee's stock listing status if not addressed.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 8:05 pm