April 16 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
- Meta Platforms META.O saw CEO Mark Zuckerberg offer $450 million in late March to settle an FTC antitrust case set for trial, a fraction of the $30 billion demanded, with Zuckerberg expressing confidence in support from President Trump.
- Nvidia NVDA.O expects a charge of up to $5.5 billion linked to exporting its AI H20 chips to China, impacting its first-quarter results for the period ending April 27, due to inventory, purchase commitments, and related reserves.
- The Trump administration plans to use tariff negotiations to press U.S. trading partners to restrict dealings with China, seeking commitments from over 70 nations to block Chinese goods transshipments, exclude Chinese firms, and shun cheap industrial products for reduced U.S. tariffs.
- H Partners, a 9% shareholder in Harley-Davidson HOG.N is gearing up to challenge the motorcycle maker's board, pushing to oust three veteran directors and replace the CEO swiftly at the mid-May annual meeting amid slumping sales.
- President Donald Trump signed an executive order on Tuesday aimed at reducing prescription drug costs for many Americans, including Medicare recipients.
- President Donald Trump appointed Internal Revenue Service $(IRS)$ criminal investigator Gary Shapley, who previously criticized the government's handling of Hunter Biden's tax filings, as the agency's acting commissioner.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))
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