July 29 (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.
- Procter & Gamble PG.N said operating chief Shailesh Jejurikar will be its new CEO, succeeding Jon Moeller, effective January 1, 2026.
- California-based Cadence Design CDNS.O agreed to plead guilty and pay more than $140 million to resolve U.S. charges for selling its chip design products to a Chinese military university believed to be involved in simulating nuclear explosions.
- U.S. drugmaker Bristol Myers Squibb BMY.N and private equity firm Bain Capital will launch an independent company focused on developing immunology drugs, backed by Bain's $300 million financing round.
- The Trump administration is considering charging patent holders 1% to 5% of their overall patent value, a shift that could dramatically increase fees, a move that would likely fuel pushback from businesses.
- U.S. Telecommunications giant Verizon Communications VZ.N is moving its headquarters to a larger office space in Manhattan as it ramps up in-office requirements for most of its management employees.
- Shareholders of British fintech Wise Plc WISEa.L approved plans to shift the company's primary stock market listing to the U.S. from the London Stock Exchange.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))
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