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WSJ CEO Council Opens With U.K. Chancellor, IKEA Chief
WSJ CEO Council Opens With U.K. Chancellor, IKEA Chief

The Wall Street Journal is convening its annual CEO Council in London to discuss the forces shaping policy, business and the economy.



Norfolk Southern Shareholders Vote Thursday to Keep or Fire CEO
Norfolk Southern Shareholders Vote Thursday to Keep or Fire CEO

Chief Executive Alan Shaw says the proxy fight is about the future of the railroad industry.



BAE Backs Guidance as Defense Spending Remains High
BAE Backs Guidance as Defense Spending Remains High

BAE Systems forecast core earnings to grow 11-13% this year as governments rush to secure military hardware in the face of escalating geopolitical tensions.



Nissan Expects Drop in Annual Profit
Nissan Expects Drop in Annual Profit

The carmaker projected a drop in fiscal-year net profit, citing heightened competition and high inflation, after it posted lower quarterly net profit.



Nexi Shares Climb on Buyback, Profit Beat
Nexi Shares Climb on Buyback, Profit Beat

The Italian payments company launched its up to $538 million buyback program after underlying earnings rose 9% in the first quarter.



Concord Chorus Says $1.5 Billion Hipgnosis Offer Final
Concord Chorus Says $1.5 Billion Hipgnosis Offer Final

Hipgnosis had agreed to the $1.25 a-share offer from Concord, but withdrew its recommendation after agreeing to a higher deal from Blackstone.



Takeda Projects Lower Annual Profit After Quarterly Loss
Takeda Projects Lower Annual Profit After Quarterly Loss

The Japanese drugmaker reported a fourth-quarter loss and forecast a drop in annual net profit due partly to restructuring expenses.



Telefonica Confident as First Quarter Tops Hopes
Telefonica Confident as First Quarter Tops Hopes

Telefonica said it was on track to meet its 2024 targets after first-quarter results came in ahead of expectations.



Intel Lowers Sales Outlook After China Chip Licenses Revoked
Intel Lowers Sales Outlook After China Chip Licenses Revoked

The chip maker kept its full-year forecast but said it expected revenue to be below the midpoint of the second-quarter range.



Disney and Warner to Offer Bundle of Their Streaming Services
Disney and Warner to Offer Bundle of Their Streaming Services

The companies would package ad-free and ad-supported versions of Disney+, Hulu and Max.



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