This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (April 20, 2018).

China intensified its trade battle with the U.S., warning of concerns about Qualcomm's planned purchase of rival NXP.

Qualcomm said it is initiating job cuts as it seeks to shed $1 billion in costs.

Mattel CEO Georgiadis is leaving after about a year in the job. The toy maker named former studio executive Kreiz to succeed her.

Wells Fargo is close to settling regulators' claims over risk management, involving a fine of up to $1 billion.

AT&T's chief testified in defense of his firm's proposed Time Warner acquisition, calling it a "vision deal."

P&G, Unilever and Nestlé are struggling to raise prices as fierce competition curbs their sales growth.

Shares of tobacco firms sank after Philip Morris said its cigarette shipments fell more than expected.

Shire has become the subject of topsy-turvy takeover interest, as drug firms seek a quick boost to sales.

The S&P 500 declined as consumer-products shares tumbled. The Dow slipped 83.18 points to 24664.89.

Saudi and Russian officials are expected to discuss the future of their oil-production pact at weekend talks.

Blackstone's profit beat expectations thanks to strong fee-related earnings, but fell from a year ago.

Xerox defended its CEO against accusations from a big investor, as a brawl over the Fujifilm deal continued.

(END) Dow Jones Newswires

April 20, 2018 02:47 ET (06:47 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.