PARIS—Google said it would refuse to pay for licenses for previews of French news articles when the European Union’s new copyright directive goes into effect here next month, the first concrete signal for how the Alphabet Inc. unit plans to implement the divisive measure.

Rather than paying, Google said it would show only headlines in news results, as permitted under the new copyright law, unless a publication gives Google additional permission to show preview text and thumbnail images for free.

WeWork’s decision to replace co-founder Adam Neumann with two chief executives suggests a desire to establish both credibility and continuity by pairing an accomplished technology veteran with a longtime insider.

On Tuesday, Mr. Neumann, the company’s charismatic co-founder, agreed to step down as CEO under pressure from the board while remaining nonexecutive chairman of We Co., as the company is officially known. In his place will be the tandem of Sebastian Gunningham, We’s vice chairman who joined last year after stints at Amazon.com Inc. and Oracle Corp. , and Artie Minson, the company’s financial chief and a longtime advocate of Mr. Neumann’s.

In his younger days, Jeff Glueck assumed he would go into politics, but the fast-paced nature of the private sector proved too enticing for the Foursquare CEO.

A White House fellow under President Bill Clinton, Mr. Glueck worked on climate and clean energy policy before he stumbled into founding an internet startup in 1999 with another White House fellow, Michelle Peluso. Travelocity acquired their online travel company, Site59.com, three years later for $43 million, giving him a taste of how satisfying rapid results in the corporate world can be.

Inspire Brands Inc. is acquiring Jimmy John’s Gourmet Sandwiches, the private-equity-backed firm’s latest addition to its stable of restaurant chains.

While competitors focus on either fast-food or casual restaurant formats, Inspire is betting that it can draw in more diners and generate higher sales by owning restaurants that span that spectrum. The company acquired the Sonic burger chain last year after merging Arby’s and Buffalo Wild Wings earlier in the year.

The acquisition of Jimmy John’s will make Inspire the fourth-largest U.S. restaurant company, with more than $14 billion in sales across 11,200 restaurants, according to Inspire. Both companies engaged in an equity-swap transaction for the deal, the exact financial terms of which weren’t disclosed. The transaction is expected to close next month.

STOCKHOLM—The former chief executive of Danske Bank’s Estonian branch has been found dead, police said, as the troubled lender is embroiled in a huge money-laundering scandal.

Aivar Rehe, 56, headed the Danish bank’s branch in Estonia between 2006 and 2015, during which time the bank is accused of having laundered money. His death isn’t being treated as suspicious.

Danske...

WASHINGTON—The White House is set to release a transcript of a July phone call between President Trump and Ukraine’s leader on Wednesday and is preparing to turn over a whistleblower complaint to Congress by the end of the week, a person familiar with the matter said, as House Democrats began a formal impeachment effort against the president.

Speaker Nancy Pelosi announced Tuesday that the House would move ahead with the inquiry after reports that the president withheld aid to Ukraine while urging the country to investigate...

SEVERODVINSK, Russia—For decades, the Russian military conducted trials at a restricted site near this northern city, testing missiles that Moscow loaded onto Cold War-era submarines

Residents paid little heed for years. That changed on Aug. 8, when an explosion during a missile test killed at least seven people and caused radiation levels to spike in the area around Severodvinsk.

U.S....

BERLIN—The German government said Tuesday that it would provide a €380 million bridge loan to holiday airline Condor Flugdienst GmbH, salvaging the German subsidiary of Thomas Cook Group PLC from the bankruptcy of its corporate parent, which is rippling across Europe.

Juul Labs Inc. said Chief Executive Kevin Burns is stepping down and will be replaced by an executive at tobacco giant Altria Group Inc., which owns a 35% stake in the e-cigarette maker.

The San Francisco company, which faces a potential crippling U.S. ban on most of its products, said Mr. Burns will be replaced by K.C. Crosthwaite, Altria’s chief strategy officer. The company cited the need to focus on regulatory matters for the leadership shift.

Juul said it wouldn’t lobby against the Trump administration’s proposed ban on most flavored e-cigarettes and will suspend all its broadcast, print and digital advertising in the U.S.

Global stocks fell Wednesday amid signs that President Trump will be confronted with increased domestic political pressure even as he continues to pursue a trade war with China.

U.S. stock futures tied to the Dow Jones Industrial Average index posted declines a day after the gauge had swung from gains to losses in U.S. trading amid reports that congressional Democrats planned to discuss pursuing impeachment proceedings. After markets closed, House Speaker Nancy Pelosi announced an inquiry into whether Mr. Trump interacted improperly with a foreign official, and Mr. Trump said he would release a transcript of a call with the Ukrainian president that is receiving increasing scrutiny.

The Stoxx Europe 600 index dropped 1.5%, while the Shanghai Composite benchmark declined 1% and Hong Kong’s Hang Seng lost 1.3%.

Equity investors also took note of Mr. Trump’s comments at the United Nations that he wouldn’t accept a “bad” trade deal with China.

“With the...

On Tuesday, Chief Executive Mark Parker said the company has experienced double-digit-percentage growth in the region every quarter for more than five years. “Nike is a brand of China for China and the results continue to prove it out,” he said on a call with analysts.

Meanwhile, revenue in Nike’s North American market, which accounts for the majority of total sales, rose roughly 4% to $4.29 billion. Overall sales increased to $10.66 billion from $9.95 billion a year earlier and exceeded analysts’ estimates of $10.44 billion for the quarter ended Aug. 31.

Mr. Parker said the company’s international and digital businesses grew 16% and 42% respectively, and its women’s business was helped by sporting events over the summer, such as the Women’s World Cup soccer tournament.

Nike has been investing heavily in its apps, including its main shopping app and a SNKRS app, just for selling sneakers. Mr. Parker said the company has more than doubled its users across...

BOSTON—A Los Angeles business executive was sentenced to four months in prison in the nationwide college-admissions cheating case Tuesday, a signal by the judge handling the cases of parents who have pleaded guilty that she likely intends to impose more than just symbolic terms of incarceration as punishment.

In a federal court in Boston, U.S. District Judge Indira Talwani also ordered Devin Sloane to pay a $95,000 fine, complete 500 hours of community service and be subject to two years of supervised release.

LONDON—Uber Technologies Inc. lost its latest effort to secure a long-term operating license in London, prolonging a period of scrutiny in one of the ride-hailing company’s most important global markets.

Transport for London, or TfL, the U.K. capital’s main transportation regulator, granted Uber a two-month license instead, saying it needed to conduct further review before considering any longer-term license. The two-month permit is among the shortest the agency has granted.

UNITED NATIONS—French President Emmanuel Macron mounted an intensive effort Tuesday to broker a meeting between President Trump and Iranian President Hassan Rouhani, but the attempt failed when the Iranian side insisted the U.S. first commit to easing sanctions, according to people briefed on the discussions.

The meeting would have been the first of a U.S. and Iranian president since the 1979 Islamic revolution.

The...

LONDON—The U.K. Supreme Court’s ruling that Prime Minister Boris Johnson’s five-week suspension of Parliament was unlawful ramps up the pressure on Mr. Johnson to reach a Brexit deal with the European Union.

As Parliament reconvenes this week, the prime minister’s ability to deliver on his signature pledge to take the U.K. out of the EU on Oct. 31 is dwindling. He is left with little option but to race against the clock to agree on a new withdrawal package with the EU in time for a critical summit of the bloc’s leaders Oct....

Novartis AG said that an internal probe of data manipulation at one of its drug-development units was hindered by two brothers, both senior researchers whom it later fired.

The Swiss drug giant said in a newly disclosed letter to the U.S. Food and Drug Administration that its months-long investigation into the issue was “significantly drawn out” due to a “lack of cooperation and categorical denial of the allegations” by the brothers.

After attacks on its oil infrastructure, Saudi Arabia is moving forward with the much-anticipated initial public offering of its state-owned oil company and considering a proposal to offer investors a much bigger stake in the company than previously planned, people familiar with the matter said.

The Saudi Royal Court and its advisers have been debating an eventual float of as much as 10% of the Saudi Arabian Oil Co., known as Aramco, doubling the country’s longstanding public intention to list just 5%, according to these people.

Juul Labs Inc. is preparing a staff restructuring, as the e-cigarette maker braces for slower sales following a mysterious vaping-related illness and a proposed U.S. ban on flavors that make up more than 80% of its sales.

The move underscores the pressure faced by one of the country’s most valuable startups. The San Francisco company, which employs about 3,900 people, has been adding hundreds of staff as it expands in the U.S. and abroad. It had about 225 employees at the end of 2017.

While Juul plans to continue its expansion, the company will scale back the pace of its hiring and some jobs will be eliminated, according to people familiar with the matter. All job postings are under review, the people said.

President Trump said he ordered the release on Wednesday of the unredacted transcript of his July call with Ukrainian President Volodymyr Zelensky, as probes into whether he pressured Ukraine to investigate Democrat Joe Biden intensified on Capitol Hill.

“You will see it was a very friendly and totally appropriate call,” Mr. Trump tweeted on Tuesday. “No pressure and, unlike Joe Biden and his son, NO quid pro quo!”

In...

WeWork co-founder and Chief Executive Adam Neumann on Tuesday was forced to step down and cede control of the shared-office startup after its much-anticipated initial public offering was derailed, capping a swift fall from grace for the leader of one of the country’s most valuable startups.

Mr. Neumann and his advisers have agreed that the best path forward is for him to relinquish the CEO role following a period of intense commotion inside the office-sharing startup, people familiar with the matter said. He will remain nonexecutive chairman of We Co., as the company is officially known.

WASHINGTON—House Speaker Nancy Pelosi will say later Tuesday she is directing an impeachment inquiry into President Trump following reports that the president withheld aid to Ukraine while he was pressing the country to investigate Democratic presidential candidate Joe Biden and his son, two people person familiar with the matter said.

The announcement is expected at 5 p.m. EDT on Tuesday, after a meeting with all Democratic House lawmakers to discuss the Ukraine matter and growing calls from Democrats to pursue removing...

In 2016, President Trump ran as the ultimate deal maker. But his unfinished business is starting to stack up.

Still on Mr. Trump’s to-do list: a trade deal with China, a nuclear pact with Iran, legislative passage for a trade agreement with Canada and Mexico and gun policies to combat mass shootings. In several cases, Mr. Trump portrayed...

Proposed U.S. controls about sharing technology with China threaten the development of self-driving vehicles, an area where U.S. and Chinese businesses have grown to rely on each other in recent years.

Whether nominally American or Chinese, many companies developing autonomous driving systems or other next-generation vehicle tech function as Sino-U.S. hybrids with research-and-development bases of equal importance in California and in China. Employing the best available American and Chinese engineers, they typically raise...

The deal gives Budweiser APAC a market capitalization of more than $45 billion, making it at a stroke one of the world’s largest listed brewers, with a market value far in excess of Japan’s Asahi Group Holdings Ltd. , Denmark’s Carlsberg A/S or local rival China Resources Beer (Holdings) Co. The shares start trading Sept. 30.

In mid-July, Budweiser APAC called off an earlier IPO attempt—with which it sought to raise nearly $10 billion—because of a lukewarm investor response. It then sold its Australian unit and returned to the market as a smaller and faster-growing company that derives most of its sales from China, South Korea, India and Vietnam.

Its $5 billion share sale still ranks as Hong Kong’s largest IPO this year and is the second-largest offering world-wide in 2019 after ride-hailing company Uber Technologies Inc. ’s $8.1 billion debut in New York, according to Dealogic.

The total size could reach about $5.75 billion if a so-called greenshoe,...

Apple Inc. said it is keeping production of its new Mac Pro in Texas, reversing earlier plans to shift assembly of the computer to China.

The decision follows the Trump administration’s move last week to grant tariff exemptions on 10 items Apple imports from China. The exclusions for components, including a power supply and a logic board, cover a period from September of last year to August 2020, and the U.S. will refund tariffs already paid.

The tech giant had earlier tapped Taiwanese contractor Quanta Computer Inc. to assemble the nearly $6,000 desktop computer outside Shanghai. The high-end computer, which was introduced in 2013, had been assembled in Austin, Texas, by contractor Flex Ltd. and was touted as Apple’s only Made in USA product.