SÃO PAULO—The chief executive of Brazilian meat giant JBS SA signaled Tuesday he may resist calls to step down even after admitting to participating in a multimillion-dollar scheme to bribe politicians and government officials. In JBS’s first conference call since the corruption scandal erupted in May, JBS CEO Wesley Batista presented investors with an optimistic plan to reduce debt and issue shares in the U.S. next year. Little mention was made of a plea deal in which Mr. Batista and his brother, former JBS Chairman...

Source: Wall Street Journal August 15, 2017 19:41 UTC