Opinion

Donald Trump and his lawyers have routinely argued that the former president would be subjected to “irreparable harm” if his tax returns landed in unfriendly hands. The Supreme Court disagreed, and refused to block a subpoena that local prosecutors in New York had issued for the records. This doesn’t mean Trump’s returns will suddenly appear online. They’re going to a ...

By President Joe Biden’s own admission, defeating Donald Trump was the main motivating force of his campaign. As his administration clarifies its economic agenda, however, it’s becoming clear that Biden’s true legacy lies not in rolling back Trump’s policies but in refining them. Of course there are many differences, in both style and substance, between Biden and Trump. Yet the ...

At a time when most major companies are working on plans to cut their carbon emissions, one of the darlings of green investing is working to increase its emissions footprint. You read that right. Thanks to its explosive expansion in China and a planned car plant in India, Tesla Inc is in the process of not just increasing the total ...

The message the European Central Bank (ECB) has sent by objecting to Deutsche Bank AG’s proposed bonus pool is unmistakable in the midst of a pandemic, but the banking regulator needs to be careful about unintended consequences. The European Union is on a concerted post-Brexit drive to lure highly-paid bankers to the continent from the City of London. Regardless of ...

A new division has opened up within what used to be called the “West.” Divesting white supremacism of political legitimacy, the United States has begun a fresh reckoning with its past of slavery and begun to meaningfully acknowledge its demographic diversity. At the same time, the ruling classes of both France and Britain are loudly recoiling from a similar self-examination, ...

When Singapore set up an international financial hub in the late 1960s, the city-state was thinking both fast and slow — seizing an immediate opportunity, and opening a path to long-term economic development. Half a century later, India is attempting something similar in Prime Minister Narendra Modi’s home state of Gujarat. For Singapore, the British pound’s 1967 devaluation was the ...

The latest ruling on Uber Technologies Inc is good for drivers and city dwellers alike. But it shouldn’t be the last word on the matter. The UK Supreme Court determined that Uber drivers should be classified as “workers,” entitling them to rights like the minimum wage, holiday pay and rest breaks. It’s the culmination of a five-year court battle, and ...

The markets are abuzz with the promise of millions of new electric cars. Investors love the sound of anything green. In keeping with the trend, Jaguar Land Rover Automotive Plc — which is owned by India’s Tata Motors Ltd — announced an overhaul: It will go mostly electric in the next decade or so, setting aside £2.5 billion ($3.4 billion) ...

When millions of Texans lost power during the coldest weather to hit the Lone Star State in seven decades, Republican Governor Greg Abbott blamed frozen wind turbines and other forms of clean energy for the greatest forced blackout in US history. Never mind that the grid operator in the second-largest state said alternative energy, generating 25% of its winter supply, ...

When it comes to managing Covid-19, few countries have a spotless record. This includes the UK, where early mixed messages from Prime Minister Boris Johnson, too-soon reopenings later on and some potentially risky vaccine strategies marred the response. I have been critical, for instance, of Britain’s decision to extend the dosing interval of the Pfizer Inc-BioNTech SE vaccine without any ...