Ex-Pioneer CEO Barred From Exxon Board for Megadeal to Close

Ex-Pioneer CEO Barred From Exxon Board for Megadeal to Close·The Wall Street Journal
Collin Eaton
3 min read
0
In this article:

Antitrust enforcers are set to allege former Pioneer CEO Scott Sheffield discussed coordinating oil-production levels with other producers and OPEC.

Continue reading
Advertisement

Recommended Stories

  • Warren Buffett's Berkshire Confirms Apple Sale, Dumps This PC Maker, Finally Reveals Mystery Stock: Here Are The Portfolio Changes To Know

    Investment guru Warren Buffett confirmed Wednesday the trimming of his Apple, Inc. (NASDAQ:AAPL) stake and finally shed light on the mystery stock his firm, Berkshire Hathaway, Inc. (NYSE:BRK) (NYSE:BRK), accumulated ahead of the first quarter. Apple, Chevron Trimmed: Berkshire reduced its Apple position by a little over 116 million. The firm now owns 789,368,450 Apple shares valued at $135.36 billion, a 13F filing shows. This is the second straight quarter that the Buffett-led company has dilut

  • 'Big Short' Investor Michael Burry Bets Heavy On Gold, Renewable Energy Stocks, Exits Amazon, Alphabet

    Michael Burry, the legendary investor who famously predicted the 2008 financial crisis, has once again made headlines with his latest 13F filing for his hedge fund Scion Asset Management LLC. The first quarter of 2024 reveals a strategic recalibration towards physical commodities and renewable energy, while Burry shifted away from some tech giants. The total market value of Scion's 13F securities increased from $94.6 million to $103.49 million. The fund’s activity included five new purchases, ad

  • Nvidia Dethroned: This AI Chip Stock Now Rules This Elite Screen

    Broadcom just ended the reign of Nvidia, usurping the top spot on this list of new buys by the best mutual funds.

  • Massive News for Alibaba Stock Investors

    Alibaba provided investors with critical insights into the performance of its various business segments.

  • Can You Guess How Many Americans Have $2 Million Saved For Retirement? It's Probably Less Than You'd Expect

    While retiring with a $2 million nest egg might seem rare, it’s closer to what many Americans now believe they need to retire comfortably. A survey from Northwestern Mutual reveals that Americans feel they need $1.46 million for a comfortable retirement, a number that has surged by 53% since 2020. This dramatic increase, influenced by inflation and growing financial pressures, suggests that a $2 million target may not be as far-fetched as it appears, especially for someone who is 60 and plans to

  • Bill Gates Sells Microsoft, Berkshire Hathaway Shares In Q1: Are These Still Top Positions?

    Billionaire Bill Gates is best known as the co-founder and former CEO of Microsoft Corp. (NASDAQ:MSFT). He is also known for his philanthropic efforts with the Bill and Melinda Gates Foundation Trust. Those two items collided in the first quarter with the sale of Microsoft stock. Here's what to know. What Happened: Gates stepped down as the CEO of Microsoft in 2000 and later left the board of directors in 2020. The co-founder of the software giant remains a large shareholder in the company throu

  • 2 Bank Stocks to Buy With $1,000 and Hold Forever

    These two bank stocks are very different. One offers compelling value, while the other is a growth superstar.

  • Move Over, Walmart and Chipotle: Wall Street Has a New Stock-Split Stock

    A stellar company is set to join an exclusive club of top-tier businesses that have somewhat recently conducted a forward-stock split.

  • Stocks Churn as Traders Pare Back Fed Rate Bets: Markets Wrap

    (Bloomberg) -- European stocks retreated for a second day as dialed-down bets for Federal Reserve policy easing weighed on risk sentiment.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulencePutin and Xi Vow to Step Up Fight to Counter US ‘Containment’China Unveils Broad Rescue Package to Prop Up Housing MarketJamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’The Stoxx 600 fell 0.2% after sna

  • Forget Nvidia: 3 Semiconductor Stocks to Buy Instead

    There are other promising semiconductor stocks than just Nvidia. Learn about these solid candidates for your portfolio -- including a powerful ETF.