Qualcomm Approached Intel About a Takeover Offer in Recent Days
Plus: Nike shares climb after the sneaker company said chief executive John Donahoe would retire and former executive Elliot Hill would return as CEO. FedEx shares drop after the company posted lower quarterly profit and revenue, and cut its outlook for the full fiscal year. J.R. Whalen reports.\n\n\n\nSign up for the WSJ's free What's News newsletter.\xa0\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices