WSJ: World News
Hipgnosis, home to the catalogue of artists such as Neil Young, Shakira and Red Hot Chili Peppers, has agreed to a $1.4 billion takeover by Apollo-backed music company Concord Chorus.
BP said the changes are part of a plan to turn it into an integrated energy company and invest more in low-carbon activities.
ABB raised its profit guidance for 2024, despte reporting flat revenue for the first quarter that missed consensus expectations and weaker group orders.
The semiconductor giant’s CEO expects AI to account for a fifth of the company’s revenue by 2028 amid what he called insatiable demand.
EasyJet expects to report a headline pretax loss of roughly $423 million-$448 million in the first half, with demand for summer bookings continuing to build.
The Justice Department agreed to pay about $100 million to victims of former national women’s gymnastics team doctor Larry Nassar, acknowledging FBI failures.
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