US Business

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

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

The cable-network owner’s chief executive said the company has the ability to match third-party offers for NBA packages.

We understand all the warnings. But just because something is possible in theory doesn’t mean it will actually happen.

The activist investor, Ancora Holdings, did score a partial victory, as shareholders voted to replace three members of the company’s 13-person board.

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.

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

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

The automaker said it will deepen its focus on electric vehicles.

While its first-quarter results were largely better than expected, the online-shopping platform must now navigate an environment of shaky consumer spending.