Opinion

India’s company boards are due for another shakeup, and this time around investors should see some real change. The reason to place a higher burden of expectation on the Uday Kotak committee, which submitted its report to the stock-market regulator, is that it’s at least attempting to break away from a 20-year tradition of trying to fashion a modern corporate …

“They owe a lot of money to your friends on Wall Street,” Donald Trump told Geraldo Rivera. “We’re going to have to wipe that out. That’s going to have to be—you know, you can say goodbye to that. I don’t know if it’s Goldman Sachs but whoever it is, you can wave goodbye to that.” Bond markets didn’t appreciate the …

Various cultures have different phrases for expressing the idea of having it both ways at once. “To take a swim and not get wet” is an Albanian proverb. Poles talk about “having the cookie and eating it.” Iranians want “both God and the sugar dates.” The Trump administration has been weighing a contemporary geopolitical version of this straddle. Hard liners …

Many Americans are worried that the US is becoming a class society. The country’s founding mythology holds that it began as an egalitarian alternative to the hidebound, class cultures of Europe—a place where even the lowliest of birth rise through hard work and ingenuity. Of course, that rosy image was never quite accurate, but in the mid-20th century the US …

In selecting a chairman of the Federal Reserve, President Donald Trump should not be looking for a hawk or a dove. He should be looking for someone who is willing to play either role as circumstances warrant. One of the top contenders for the appointment, Kevin Warsh, has proved he is right for only half the job. He has leaned …

President Donald Trump’s visit to Puerto Rico on Tuesday brought more disruption and controversy—to the markets and the island—than aid and comfort. Fortunately, there is a better model to provide for both the immediate humanitarian needs of these Americans and the long-term health of their economy. But it will take the kind of sustained bipartisan focus that yielded last year’s …

Margrethe Vestager, the European commissioner for competition, is again picking low-hanging fruit by ordering Amazon to pay 250 million euros ($294 million) plus interest to Luxembourg, deemed to have rendered illegal state aid to the US company. But the European Commission should be aiming higher if they want to send a serious message to US tech giants about doing business …

China’s bike rental companies Mobike and Ofo are in talks to merge, Bloomberg’s Lulu Chen reported. There’s not a sane mind in the world who doesn’t think that’s a good idea. One parallel is the merger of Didi Dache and Kuaidi Dache to form Didi Chuxing, which then eventually folded in Uber China. They are, of course, extremely different businesses. …

We have become so accustomed to bad economic news from Italy that few will have noticed how the euro zone’s third largest economy seems to be back on the march. That has helped some with job creation, but it also has significance for the future of the euro area: It’s undermining an article of faith among the euroskeptics, that the …

Consider what is, for the moment, an entirely hypothetical question: What might Secretary of Defense James Mattis do if he received an order from President Trump to launch a nuclear attack on North Korea in retaliation, say, for a hydrogen-bomb test that had gone awry? Certainly, Mattis could try to talk the president out of the attack, if he thought …