Trump budget calls for Wall Street regulators to face restructuring
WASHINGTON, May 22 Two Wall Street financial regulators would face cuts or major structural changes under President Donald Trump's fiscal 2018 budget proposal
Dec 18 Oil and gas producer WPX Energy said it would add a nominee of shareholder Taconic Capital Advisors LP to its board, a day after the company announced the departure of its CEO.
Taconic Capital, an $8.2 billion hedge fund, is the second-largest shareholder in WPX with a 6.9 percent stake.
WPX, spun off from pipeline operator Williams Cos Inc in 2011, said the new board member would assist in the CEO search.
The company said on Tuesday that CEO Ralph Hill would step down, without giving any reason for his departure.
WPX holds assets in the Piceance basin of Colorado, the Bakken shale in North Dakota and the Marcellus shale in Pennsylvania.
BRASILIA, May 22 Brazil's former president Luiz Inacio Lula da Silva has been charged by prosecutors who said the leftist politician was the mastermind behind the country's biggest bribery scheme.
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