At a time when America is facing a potential military confrontation with Iran, an escalating trade war with China and a showdown with North Korea, you’d think President Trump would want a permanent secretary of defense to oversee Pentagon plans. But Patrick Shanahan is still cooling his heels as acting secretary, awaiting a formal nomination that was expected nearly two ...

The forthcoming European parliamentary election was meant to be Facebook Inc.’s big chance to please a constituency that trashes it on a regular basis: Politicians. After all of controversy around fake news on website and the Cambridge Analytica scandal, the company hired the former British Deputy Prime Minister Nick Clegg to help clean up its act. The social network has ...

It raised $3.5 billion from the stock market in March, only for its market value to dwindle by almost $8 billion. AstraZeneca Plc’s first-ever stock sale has been a painful experience. It could become an unwelcome deterrent to other companies that ought to do the same. The British drugmaker was exploiting its strong share price to get its financial house ...