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☆ Watch CNBC’s full interview with VantageRock's Avery Sheffield and Yardeni Reserch's Ed Yardeni
▼ + stars: | 2023-06-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with VantageRock's Avery Sheffield and Yardeni Reserch's Ed YardeniAvery Sheffield, VantageRock co-founder, and Ed Yardeni, Yardeni Research president, join 'Closing Bell' to discuss inflation, recession risks, and risks to the momentum trade.

Persons: VantageRock's Avery, Yardeni, Ed Yardeni Avery Sheffield, VantageRock, Ed Yardeni Organizations: VantageRock's Avery Sheffield, Yardeni Research

☆ Wrexham host MK Dons in fourth-tier opener, Saints at Wednesday in Championship
▼ + stars: | 2023-06-22 | by ( ) www.reuters.com time to read: +1 min

[1/2] Soccer Football - National League - Wrexham v Boreham Wood - Racecourse Ground, Wrexham, Britain - April 22, 2023 Wrexham co-owners Rob McElhenney and Ryan Reynolds celebrate with the trophy on the pitch after Wrexham win the National League and promotion to League Two Action Images via... Read moreJune 22 (Reuters) - National League champions Wrexham will begin their League Two campaign at home to MK Dons when the new season starts on Aug. 5 after the English Football League (EFL) released its fixtures for the 2023-24 season. Wrexham, owned by Hollywood actors Ryan Reynolds and Rob McElhenney, scripted a fairytale return to the EFL when they won the National League with a record 111 points last season. Southampton, relegated from the Premier League, begin their Championship campaign under new manager Russell Martin against promoted Sheffield Wednesday at Hillsborough. Wednesday, who overturned a 4-0 deficit against Peterborough in the League One playoff semi-finals, won promotion when Josh Windass got the winner against 10-man Barnsley in stoppage time of extra time to snatch a 1-0 victory in the Wembley final. Reporting by Rohith Nair in Bengaluru; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Persons: Boreham, Rob McElhenney, Ryan Reynolds, Read, Paul Mullin, Russell Martin, Josh Windass, Barnsley, Rohith Nair, Ken Ferris Organizations: Soccer Football, National League, Wrexham, League, MK Dons, English Football League, Hollywood, Cambridge United, Welsh, Southampton, Premier League, Sheffield Wednesday, Hillsborough, Peterborough, Wembley, Thomson Locations: Wrexham, Britain, Bengaluru

☆ The disappearance of the Titan submersible won't stop the super-rich from embarking on 'extreme' travel, an adventure tourism expert says
▼ + stars: | 2023-06-22 | by ( Chris Johnston | ) www.businessinsider.com time to read: +3 min

Some wealthy people now may have "second thoughts" about going on adventure tourism, a lecturer said. Trips to the deep sea, space or remote parts of the planet offered "bragging rights," she said. The possible loss of the Titan submersible will not dampen demand for "extreme" tourism where a rescue is unlikely or even impossible, an academic told Insider. Hamish Harding, one of the people on the missing sub, also went to space with Jeff Bezos' Blue Origin last year. Space tourism "may or may not" become viable and affordable to more than just the very wealthy in our lifetimes, the academic said, but the rise of "last chance" tourism would continue.

Persons: Adele Doran of, Adele Doran, Mariana Trench's, it'll, Hamish Harding, Jeff Bezos, Doran, " Doran Organizations: Adele Doran of Sheffield Hallam University, Morning, Titan, Sheffield Hallam University, EYOS Expeditions, Mariana, Virgin Galactic Locations: England, South America

☆ UK inflation exceeds expectations in May, piling pressure on the government and Bank of England
▼ + stars: | 2023-06-21 | by ( Elliot Smith | ) www.cnbc.com time to read: +4 min

The OECD recently predicted that the UK will experience the highest inflation among all advanced economies this year. Inflation dipped below 10% in April but continues to exceed consensus forecasts and remains significantly higher than the Bank of England 's 2% target. The Consumer Prices Index including owner occupiers' housing costs (CPIH), the ONS' preferred metric, rose by 7.9% in the 12 months to May 2023, up from 7.8% in April. LONDON — U.K. inflation came in hotter than expected in May, as consumer prices rose by an annual 8.7%, unchanged from the previous month. However, he said the Bank will now "feel like it has no choice, especially with core inflation now rising again."

Persons: Rishi Sunak, Jeremy Hunt, Marcus Brookes, Brookes, Thiru Organizations: OECD, Bank of England, ONS, Office, National Statistics, Reuters, LONDON, Organization, Economic Cooperation, Development, CPI, Quilter Investors, Bank Locations: Sheffield

GLASTONBURY, England, June 21 (Reuters) - Tens of thousands of music fans streamed into Worthy Farm in southwest England on Wednesday at the start of Glastonbury, the beloved music festival that will feature Elton John, Guns N' Roses and the Arctic Monkeys this weekend. Elated fans wore sun hats and lugged camping gear to the site of the world's biggest open-air arts and music festival, primed to witness hundreds of acts over five days culminating in British singer Elton John's last ever UK show on Sunday night. Heavy showers fell over the 900-acre grassy expanse of Glastonbury on Wednesday, although fans, many equipped with Wellington boots to wade through muddy fields, appeared undeterred. Glastonbury, founded by Michael Eavis 53 years ago, typically sells out before any headliners have been announced, given the strength of previous line-ups. "I've done a festival before but I've never managed to get my tickets here," said Glastonbury first-timer Hemmings.

Persons: Elton John, Elton John's, Yusuf, Cat Stevens, Blondie, Lizzo, Lil Nas, Lana Del Ray, Rick Astley, we've, Tom Hemmings, It's Elton John's, Alex Turner's laryngitis, Michael Eavis, I've, Glastonbury, Hemmings, Paul McCartney, Billie Eilish, Jason Cairnduff, Sachin Ravikumar, Alexandra Hudson Organizations: Glastonbury, Foo Fighters, Sheffield, Alexandra Hudson Our, Thomson Locations: GLASTONBURY, England, British, Glastonbury, Wellington, Bristol, Worthy, Ireland

☆ Cyclist Gino Mäder has died after Tour de Suisse crash, his team says
▼ + stars: | 2023-06-16 | by ( George Ramsay | ) edition.cnn.com time to read: +2 min

CNN —Swiss cyclist Gino Mäder has died aged 26 following a crash on the fifth stage of the Tour de Suisse, his Bahrain Victorious team announced on Friday. Almost 200 kilometers into the race, Mäder crashed at high speed with American rider Magnus Sheffield, race organizers said in a statement on Thursday. “On Friday 16th June, following a very serious crash during stage 5 of the Tour de Suisse, Gino lost his battle to recover from the severe injuries he sustained,” Bahrain Victorious said in a statement. Mäder, who has been riding for Bahrain Victorious since 2021, previously won stages of the Giro d’Italia and the Tour de Suisse. “We are devastated by the loss of our exceptional cyclist, Gino Mäder,” said Milan Erzen, managing director of Bahrain Victorious.

Persons: Gino Mäder, Mäder, Magnus Sheffield, “, Gino, ” Bahrain Victorious, ” Mäder, ”, Milan Erzen Organizations: CNN, Tour de Suisse, Bahrain Victorious, ”, de Suisse, UCI, Ineos Grenadiers, Sheffield Locations: Swiss, La Punt, ” Bahrain, Chur, Bahrain, “ Bahrain, Sheffield

☆ Mader dies after ravine crash on Tour de Suisse
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: +2 min

June 16 (Reuters) - Swiss rider Gino Mader has died after crashing into a ravine on the descent towards the finish line in Thursday's stage five of the Tour de Suisse, his team Bahrain Victorious said on Friday. Mader, 26, crashed on the descent towards La Punt and fell into a ravine where he was found unresponsive by the race doctor and resuscitated before being air-lifted to hospital. In a Bahrain Victorious statement, team managing director Milan Erzen said: "We are devastated by the loss of our exceptional cyclist, Gino Mader. Mader joined the Bahrain Victorious team in 2021 and won a stage of the Giro d'Italia that year. Stage five of the Tour de Suisse had raised some eyebrows in the peloton because of its fast descent near the finish.

Persons: Gino Mader, Bahrain Victorious, Gino couldn't, Mader, Magnus Sheffield, Milan Erzen, Erzen, Gino, Remco Evenepoel, Martyn Herman, Rohith Nair, Toby Davis Organizations: Tour de Suisse, Bahrain, La, Ineos Grenadiers, Bahrain Victorious, CPA, Twitter, Thomson Locations: Swiss, Chur, La Punt, Bahrain, Espana, London, Bengaluru

☆ US Open: Defending champion Matt Fitzpatrick, eventually, celebrates shooting tournament’s third hole-in-one
▼ + stars: | 2023-06-16 | by ( Jack Bantock | ) edition.cnn.com time to read: +3 min

CNN —Stone-faced and walking, it was an unusually muted reaction from a golfer who had just shot the first hole-in-one of his PGA Tour career and the 51st in US Open history. Then Matt Fitzpatrick, the defending champion, realized and quickly made up for lost time. Having started from the 10th hole, Fitzpatrick shot five consecutive pars before arriving at the adjusted 115-yard 15th hole. “As soon as I hit it I thought that it’s got a good chance of going close,” Fitzpatrick told reporters. The quartet of Doug Weaver, Mark Wiebe, Jerry Pate and Nick Price navigated the 159-yard 6th hole in one swing, and all during the second round.

Persons: CNN —, Matt Fitzpatrick, France’s Matthieu Pavon, Sam Burns, Fitzpatrick, Richard Heathcote, Cameron Smith, Sam Bennett, it’s, ” Fitzpatrick, “, I’ll, Doug Weaver, Mark Wiebe, Jerry Pate, Nick Price, Brooks Koepka, Scottie Scheffler, Will Zalatoris, Rickie Fowler, Xander Schauffele Organizations: CNN, Tour, Los Angeles Country, Getty, Oak Hill Country Club, Sheffield, RBC Heritage Locations: Massachusetts

☆ Swiss Mader resuscitated after crashing into ravine
▼ + stars: | 2023-06-15 | by ( ) www.reuters.com time to read: 1 min

June 15 (Reuters) - Swiss rider Gino Mader was resuscitated and transported by helicopter to hospital following a crash during stage five of Tour de Suisse, his team Bahrain Victorious said on Thursday. Mader went off the road on the descent towards the finish line and fell into a ravine before being treated by the race doctor, the team said in a statement. "Gino Mader laid motionless in the water. He was immediately resuscitated and then transported to hospital by air ambulance. Reporting by Anita Kobylinska in Gdansk, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

Persons: Gino Mader, Bahrain Victorious, Mader, Magnus Sheffield, Anita Kobylinska, Ed Osmond Organizations: de Suisse, Bahrain, Ineos Grenadiers, Thomson Locations: Swiss, Gdansk

☆ US Open: How to watch first golf major since shock PGA Tour and LIV Golf partnership
▼ + stars: | 2023-06-15 | by ( Jack Bantock | ) edition.cnn.com time to read: +6 min

It’s also the first major since the golfing world was rocked by the announcement of a partnership between the PGA Tour, DP World Tour, and LIV Golf earlier this month. 2 Jon Rahm spoke of the “betrayal” felt by PGA Tour players following the “bombshell” announcement, expressing his discomfort at the perceived lack of clarity and unanswered questions surrounding the deal. However, one of the partnership’s primary architects, PGA Tour commissioner Jay Monahan, was not on site to respond as he recuperates from a medical situation. Monahan has been relieved of day-to-day duties while he recovers, the PGA Tour announced Tuesday. After a second PGA Tour victory at the RBC Heritage in April earlier this year, the world No.

Persons: CNN —, It’s, LIV, Jon Rahm, ”, Jay Monahan, Monahan, Matt Fitzpatrick, Brooks Koepka, Scottie Scheffler, Will Zalatoris, Koepka, Rahm, Rory McIlroy, Tiger Woods, Matt York, Fitzpatrick, Warren Little, ” Fitzpatrick, I’ve, Norway’s Viktor Hovland, Wanamaker, “ There’s, Harry, Jack Nicklaus, Walter Hagen, “ Organizations: CNN, 123rd, Los Angeles Country Club, PGA, USA Network, NBC, Sky Sports, Sheffield, RBC Heritage, Getty, North, Championship Locations: California, Massachusetts, New York, Brookline, Los Angeles, North America

☆ Here’s our Monthly Meeting rapid-fire update on all 35 stocks in the Club’s portfolio
▼ + stars: | 2023-06-14 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +14 min

Here's a rapid-fire update on all 35 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. In fact, he named Disney as the best Club stock to gift to a young grandchild. CEO Jim Farley's focus on only making profitable cars and trucks will be put to the test in the current quarter. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer's, Jim, Apple's, there's, Bausch, Estee Lauder, Fabrizio Freda, Berenberg, he's, Jim Farley's, Ford, Locker, Foot Locker's, Mary Dillon's, Patience, we're, Vimal Kapur, Johnson, J, Eli Lilly, Eli Lilly's, Mark Zuckerberg, Morgan Stanley, We're, James Gorman, enabler, aren't, Scott Sheffield, Coterra, PXD, Jim said, Stanley Black, Decker, TJ Maxx, Wells Fargo, Charlie Scharf's, Scharf, Wells, Wynn, Jim Cramer, Jim Cramer Rob Kim Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Devices, AMD, Nvidia, Amazon Web Services, Bausch Health, Caterpillar, Costco Wholesale, Costco, Humana, Coterra Energy, Disney, Emerson, Emerson Electric, National Instruments, Ford, Management, GE Healthcare, Halliburton, HAL, Honeywell, Johnson, Linde, LIN, Meta, underwriters, Cava, Microsoft, Palo Alto Networks, Natural Resources, Procter & Gamble, Constellation Brands, Modelo Especial, U.S, TJX, Marshalls, Home Goods, Wynn Resorts, WYNN, Starbucks, Las, Jim Cramer's Charitable Locations: Asia, China, California, Mounjaro, Palo, Wells, Las Vegas, Macao

Reducing fuel's carbon intensity is critical to Canada's efforts to curb greenhouse gas emissions by at least 40% from 2005 levels by 2030. But Canada's location bordering the United States makes it especially vulnerable to a possible future flood of cheaper U.S. biofuels, said Ian Thomson, president of Advanced Biofuels Canada. The lobby group estimates there are some C$10 billion worth of Canadian projects at early stages of development, not counting more advanced ones by Imperial Oil (IMO.TO) and others. Canada offers nothing similar, but unlike the United States, has negative incentives such as a carbon tax. The companies considering investment in the United States include Arbios Biotech, a joint venture of forestry company Canfor (CFP.TO) and Licella Holdings.

Persons: Justin Trudeau's, Joe Biden, Ian Thomson, Thomson, Don Roberts, Roberts, feedstocks, Keean Nembhard, Frank Almaraz, Almaraz, Pete Sheffield, Rob Colcleugh, Colcleugh, Rod Nickel, Steve Scherer, Denny Thomas, Matthew Lewis Organizations: Tidewater Renewables, REUTERS, U.S, Advanced Biofuels, Imperial Oil, Arbios Biotech, Licella Holdings, OTTAWA Biofuels, Ottawa, Reuters, Canada, Fortis, Thomson Locations: Tidewater, Prince George, British Columbia, Canada, REUTERS WINNIPEG , Manitoba, United States, Columbia, U.S, Ottawa, Newfoundland, Labrador, Canadian, Alberta, Winnipeg , Manitoba

☆ Gen Z likes shopping in stores just as much as they do online, survey finds
▼ + stars: | 2023-06-09 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Gen Z are a tech-savvy generation but they like shopping in physical stores just as much as online. A new survey found that Gen Z like being able to see, touch and try a product before buying it. A new report by the International Council of Shopping Centers surveyed 1,008 people aged 16 to 26 about their shopping habits and preferences. It found that although 95% of Gen Z like shopping online, just as many (97%) also enjoy going to the mall. Gen Z are voracious shoppers with social media encouraging young people to buy new clothes regularly.

Persons: —, Gen, Gen Z, it's Organizations: Service, International Council of Shopping Centers, Maxx, Walmart, Marshalls, Target, Social, Sheffield Hallam University Locations: Zara, England

☆ UK predicted to have the highest inflation rate out of all advanced economies this year
▼ + stars: | 2023-06-07 | by ( Silvia Amaro | ) www.cnbc.com time to read: +2 min

The OECD recently predicted that the UK will experience the highest inflation among all advanced economies this year. The U.K. headline inflation is "projected to slow on the back of declining energy prices and to come down close to target by the end of 2024," the OECD noted. "Core inflation is set to be more persistent due to strong services inflation, only receding to 3.2% in 2024." The U.K. is set to report a headline inflation of 6.9% this year, above the OECD average of 6.6% for 2023. Sanctions-struck Russia is forecast to have a headline inflation of just under 5.4% in 2023.

Persons: Andrew Bailey, Governor Bailey, BoE, Paul Dales Organizations: OECD, LONDON, Organization for Economic Cooperation, Bank of England, Capital Economics Locations: Sheffield, Argentina, Turkey, Russia, Paris, Paul

☆ Sheffield Wednesday promoted to Championship with 123rd-minute Windass winner
▼ + stars: | 2023-05-29 | by ( ) www.reuters.com time to read: +2 min

Wednesday can now look forward to Championship football next season which had seemed wildly out of reach when they trailed Peterborough 4-0 after the first leg of their semi-final before producing the greatest comeback in English Football League playoff history. In front of 44,000 Wednesday fans crammed into Wembley, Windass emulated his father Dean, whose winning goal for Hull City in the 2008 Championship playoff final helped them win promotion to the Premier League. Wow," Dean Windass told BBC Radio Sheffield. "I've played for a couple of big clubs but look at this, it's unbelievable," Josh Windass told Sky Sports. Reporting by Pearl Josephine Nazare in Bengaluru Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

☆ Luton promoted to Premier League after playoff win over Coventry
▼ + stars: | 2023-05-27 | by ( ) www.reuters.com time to read: +1 min

[1/5] Soccer Football - Championship Play-Off Final - Coventry City v Luton Town - Wembley Stadium, London, Britain - May 27, 2023 Luton Town's Fred Onyedinma, Daniel Potts and Carlton Morris celebrate after winning the penalty shootout in the Championship Play-Off Final Action Images via... Read moreLONDON, May 27 (Reuters) - Luton Town will play in the Premier League for the first time after beating Coventry City 6-5 on penalties in Saturday's Championship playoff final at Wembley Stadium, earning a return to England's top flight after a 31-year absence. Luton will join Burnley and Sheffield United, who won automatic promotion as Championship winners and runners-up, in next season's Premier League. Their Kenilworth Road stadium will host top-flight soccer for the first time since 1992, when they were relegated from the Football League First Division. Luton substitute Joe Taylor had a goal disallowed due to handball late in extra time, after a second-half equaliser from Coventry midfielder Gustavo Hamer cancelled out Jordan Clark's brilliant opener. Luton captain Tom Lockyer was taken to hospital for tests after he collapsed on the pitch early in the first half.

☆ Lower cholesterol with a plant-based diet, study says
▼ + stars: | 2023-05-24 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +5 min

In study particpants, LDL levels dropped 10% and total cholesterol declined 7% for people following a plant-based diet when compared with those who eat both meat and plants, the study found. A plant-based diet can help reduce LDL cholesterol, a new study said. Statin treatment is superior to plant-based diets in reducing fats and cholesterol levels, Frikke-Schmidt said in a statement. In addition, people who transition to a plant-based diet should still be mindful about the kinds of foods they’re consuming. “Not all plant-based diets are equal,” said Aedin Cassidy, professor and director for interdisciplinary research at the Institute for Global Food Security in Queen’s University Belfast, in a statement.

☆ VantageRock's Avery Sheffield say she's still cautious on China's economic return
▼ + stars: | 2023-05-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVantageRock's Avery Sheffield say she's still cautious on China's economic returnAvery Sheffield, VantageRock, joins 'Closing Bell' to discuss her mostly cautious outlook on discretionary stocks.

☆ Gen Z Fast Fashion, Live Shopping, Clothes Addiction Destroying Planet
▼ + stars: | 2023-05-17 | by ( Eve Upton-Clark | ) www.businessinsider.com time to read: +13 min

The Gen Z paradoxGen Z's economic power is growing faster than other generations, according to Bank of America. In the US, fashion is the preferred category for entertainment spending among Gen Z, outranking dining out, video games, and music. A 2021 McKinsey survey found that 42% of American Gen Zers said they didn't even know what makes clothes sustainable. In addition to pushing people to buy more clothes, the buy-now, think-later model of live shopping also encourages people to buy clothes that are worse for the planet. To solve that problem, she founded Viviene New York in 2022, a Gen Z-led marketing agency that helps sustainable brands connect with Gen Z audiences through social media.

☆ They've been beaten, trolled, threatened with sexual violence but refuse to be silenced
▼ + stars: | 2023-05-03 | by ( Adie Vanessa Offiong | ) edition.cnn.com time to read: +9 min

Ixchíu Hernández had already been the victim of years of online threats -- attempts to humiliate and silence her. Published in April 2021, it reveals: "Online attacks on women journalists appear to be increasing significantly, as this study demonstrates, particularly in the context of the 'shadow pandemic' of violence against women during COVID-19. "Online violence against women journalists is designed to: belittle, humiliate, and shame; induce fear, silence, and retreat; discredit them professionally, undermining accountability journalism and trust in facts; and chill their active participation...in public debate. Ricchiardi-Folwell explains that because of the often-sexualized nature of the attacks, women remain silent about their harassment, which leads them to believe they are alone. Editor's note: This story was originally published in 2021 and updated to reference the latest report by UNESCO.

☆ Belgium's Brecel holds off Selby to win world title
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +3 min

May 1 (Reuters) - Belgium's Luca Brecel became the first player from mainland Europe to win the snooker world title as he completed a fairytale fortnight by resisting a Mark Selby fightback to triumph 18-15 at The Crucible on Sunday. Brecel enjoyed a 9-8 overnight lead after Saturday's two sessions, but won the opening four frames on Sunday with three centuries to seize command. Selby looked on a roll but fearless Brecel would not be denied the title which lifts him second in the world rankings. After that win he said he had celebrated beating another former champion, Mark Williams, in the previous round by getting as 'drunk as hell'. While Brecel celebrated becoming Belgium's latest and most unlikely sporting hero, Selby, 39, had the consolation of making the first 147 break ever in the final of the world championship, his maximum coming during a storming fightback on Saturday.

☆ Trudeau: Canadian lithium costs more because it doesn't use slave labor
▼ + stars: | 2023-04-28 | by ( Doina Chiacu | ) www.reuters.com time to read: +3 min

WASHINGTON, April 28 (Reuters) - Canadian Prime Minister Justin Trudeau on Friday linked the production of lithium in China with "slave labor" as he discussed his country's efforts to ramp up production of the metal used in electric vehicle and other batteries. Canada has significant sources of lithium, Trudeau said, but, he added, China has made strategic choices over the decades that have made it by far the world's largest producer. Because we don't use slave labor," Trudeau said in remarks at the Council on Foreign Relations in New York. REUTERS/Blair GableThe United States has alleged use of forced labor by China in sectors including mining and construction. Last year, a U.S. law took effect banning imports from China's Xinjiang region over concerns about forced labor.

☆ Trudeau points to 'slave labor' in China lithium production
▼ + stars: | 2023-04-28 | by ( Doina Chiacu | ) www.reuters.com time to read: +3 min

WASHINGTON, April 28 (Reuters) - Canadian Prime Minister Justin Trudeau on Friday linked the production of lithium in China to "slave labor" as he discussed his own country's efforts to ramp up production of the metal used in electric vehicle and other batteries. Canada has significant sources of lithium, Trudeau said, but China has made strategic choices over the decades that have made it by far the world's largest producer. Because we don't use slave labor," Trudeau said in remarks at the Council on Foreign Relations in New York. The United States has alleged use of forced labor by China in sectors including mining and construction. China denies abuses in Xinjiang, a major cotton producer that also supplies much of the world's materials for solar panels.

☆ Club meeting recap: Stocks rise on tech earnings, Meta, Pioneer
▼ + stars: | 2023-04-27 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Equities rise on tech earnings Meta's first-quarter win Watch Pioneer 1. Equities rise on tech earnings Stocks rose Thursday morning on the heels of strong earnings reports for a slate of Big Tech names, including Meta Platforms (META) late Wednesday. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ US shale producer Pioneer's founder and CEO Sheffield to retire
▼ + stars: | 2023-04-26 | by ( Liz Hampton | ) www.reuters.com time to read: +2 min

April 26 (Reuters) - Scott Sheffield, who built U.S. oil producer Pioneer Natural Resources (PXD.N) into the largest producer in Texas, will retire at the end of the year, the company said on Wednesday. With its $52 billion market value, Pioneer has repeatedly been discussed as a potential candidate for U.S. oil majors. Sheffield, 70, was Pioneer’s founding CEO from 1997 to 2016 and its chairman since 1999. In an interview, Sheffield declined to comment on merger rumors, noting Pioneer "will always do the right thing for shareholders." Richard Dealy, Pioneer's chief operating officer and former finance chief, was named CEO, effective upon Sheffield's retirement.

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