May 1 (Reuters) - Albemarle, the world's largest producer of lithium for electric vehicle batteries, on Wednesday missed first quarter profit estimates on lower prices. Softening Electric Vehicle (EV) demand has knocked down global lithium prices, impacting lithium producers such as Albemarle. Many producers worldwide have cut production and reduced their workforce. Lithium prices had fallen by more than 80%...

May 1 (Reuters) - Exxon Mobil ( XOM ) is set to close its $60 billion deal for Pioneer Natural Resources ( PXD ) following an agreement with antitrust enforcers to not add Pioneer CEO Scott Sheffield to its board, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The Federal Trade Commission is set to...

Etsy Inc ( ETSY ) reported first-quarter financial results after the market close on Wednesday. Here’s a look at the key highlights from the quarter. Q1 Earnings: Etsy ( ETSY ) reported first-quarter revenue of $645.954 million, which missed the consensus estimate of $646.33 million, according to Benzinga Pro. The company reported quarterly earnings of 48 cents per share, which missed estimates of...

NEW YORK, May 1 (Reuters) - JPMorgan Chase ( JPM ) said its Russia assets may be seized after lawsuits in Russian and U.S. courts, the bank said in a filing on Wednesday. The value of claims and orders to freeze assets exceed JPMorgan's ( JPM ) available assets in Russia, the largest U.S. lender said. The bank faces several...