Opinion

India’s Covid-19 cases continue to climb, even as the economy tanks. China is pressing forward on the two countries’ disputed Himalayan border, where dozens of Indian soldiers have been killed. Tax revenues have plummeted, state governments are unhappy and 21 million of India’s rare salaried jobs vanished in the last few months. And yet Prime Minister Narendra Modi — who ...

Two decades after Bolivarian caudillo Hugo Chavez remade Venezuelan politics in his own autocratic image, the country’s opposition finds itself in a familiar place: splintered and at each other’s throats. National Assembly leader Juan Guaido, hailed by foes of the Chavista regime and more than 50 countries as Venezuela’s legitimate leader, has stumbled. His enviable 63% approval rating upon taking ...

JC Penney Co has a fresh shot at returning itself to retailing relevance. The department store chain said it had reached an agreement to be rescued from bankruptcy by mall operators Simon Property Group and Brookfield Property Group in a deal valued at $1.75 billion. But is this the best outcome? There are upsides to sparing this mall stalwart from ...

It’s the Tiffany T bangle versus the Louis Vuitton Neverfull bag. Tiffany & Co filed a lawsuit against LVMH Moet Hennessy Louis Vuitton SE seeking to undo the French luxury group’s decision to abandon its $16 billion takeover of the company. Now LVMH is counter-attacking, moving to sue the jeweler over its handling of the Covid-19 crisis. The twist elevates ...

President Donald Trump’s poll numbers are bleak. No matter the outcome in November, however, on at least one issue his side can declare victory: The era of free trade, already on the wane, is officially over. It has been replaced by a new “America first” industrial policy, which even Trump’s Democratic opponent, former Vice President Joe Biden, has now embraced. ...

Regional elections are often dull and predictable. Unfortunately for President Vladimir Putin, the ones in Russia will be neither, when the world’s largest country goes to the polls. The dramatic poisoning of opposition campaigner Alexey Navalny adds to a string of events that will make it harder than ever for the Kremlin to guarantee its desired results. A dress rehearsal ...

At last we have at least a partial explanation for why Tesla Inc’s stock gained 500% this year: Massive bets on high-flying technology shares by SoftBank Group Corp and others using equity derivatives. The extraordinary rise valued Elon Musk’s electric car business at $464 billion at the peak in late August, when only six US companies were worth more. Unfortunately ...

New York City (NYC), the epicenter of the coronavirus pandemic last spring, and the largest public school district planning to begin at least some in-person instruction, has botched its reopening plans for the fall. Its mistakes are a cautionary tale for school systems across the US that are struggling to balance the benefits of resuming their educational programs against the ...

As President Donald Trump repeatedly touts the possibility of a Covid-19 vaccine winning approval by Election Day, the companies he needs to make that happen are pushing back. And that’s a good thing all around. Nine major coronavirus vaccine developers — including Pfizer Inc, AstraZeneca Plc, and Moderna Inc — signed a joint pledge under which they committed not to ...

Like most people outside of the Kremlin, mainstream German politicians are outraged about the poisoning of Alexey Navalny, the Russian opposition leader who’s being treated in a Berlin clinic and has just come out of a coma. Then again, they’ve been outraged countless times about whatever Russia under President Vladimir Putin has got up to. And their indignation has never ...