Macy’s Inc.’s turnaround efforts didn’t backslide in the first quarter. The department store behemoth reported that comparable sales rose 0.6% from a year earlier in the first quarter, or 0.7% including licensed departments. That increase surpassed analysts’ expectations and set the retailer on track to easily achieve its full-year guidance of 0% to 1% growth on this measure. Adjusted earnings ...

Looks like deposed car executive Carlos Ghosn was right after all: Nissan doesn’t care about shareholder value. Nissan Motor Co. last week reported dismal earnings and gave an even grimmer outlook. Still worse: The company said it would slash its dividend by 30%. Chief Executive Officer Hiroto Saikawa then proceeded to talk about fanciful ideas of improving governance and the ...

The European Union (EU) is under siege. In elections from Sweden to Spain, right-wing populists continue to gain strength, while support for traditional parties withers. Populist groups expect to make sizable gains in this week’s elections for the European parliament — giving them more power than ever before over the institutions at the heart of the EU. Europe’s cohesion hangs ...