US shale producer Pioneer’s founder and CEO Sheffield to retire
By Liz Hampton (Reuters) -Scott Sheffield, who built U.S. oil producer Pioneer Natural Resources into the largest producer in Texas,…
Business
Walmart in Mexico sees net profit rise in first quarter, yet trails competitors
MEXICO CITY (Reuters) -Walmart’s Mexico unit on Wednesday posted a 3.7% rise in first quarter net profit as same-store sales…
Nasdaq outperforms as investors cheer Microsoft, Dow transports sink
By Sinéad Carew, Ankika Biswas and Sruthi Shankar (Reuters) – The tech-heavy Nasdaq closed slightly higher on Wednesday after strong…
Irish consumer sentiment improves to 13-month high
DUBLIN (Reuters) – Irish consumer sentiment increased sharply to a 13-month high in April on falling energy costs and a…
Brazilian miner Vale’s profit slumps well below forecasts
SAO PAULO (Reuters) -Brazil’s Vale, one of the world’s largest miners, reported a first quarter net profit down 59% from…
BlackRock adds Treasuries as debt ceiling jitters intensify
By Davide Barbuscia CHICAGO (Reuters) – BlackRock has been buying U.S. Treasuries in anticipation of an economic slowdown and a…
Apple, Android rivals see first-quarter drop in China phone shipments – research firm
SHANGHAI (Reuters) – Apple Inc and its Android rivals saw sales slide in the first quarter in China, research firm…
Disney sues Florida’s DeSantis for ‘weaponizing’ government
By Dawn Chmielewski and Lisa Richwine (Reuters) -Walt Disney Co sued Florida Republican Governor Ron DeSantis on Wednesday, asking a…
Bristol Myers CEO Caforio to step down
(Reuters) -Bristol Myers Squibb Co said on Wednesday CEO Giovanni Caforio will step down in November and be succeeded by…
TSMC aims to get newest chip technology into cars faster
By Stephen Nellis SANTA CLARA, California (Reuters) – Taiwan Semiconductor Manufacturing Co on Wednesday said it will release new software…