The listing of a minority stake in Siemens AG’s healthcare technology unit was a pretty muted affair — and not just because trading didn’t start on time for technical reasons. That’s a good thing, in part. Spandex-clad dancers cheer-led the unit’s re-branding as “Healthineers” in 2016. You can relive the horror here. Siemens will be disappointed, though, that investors haven’t ...

Several developments last week indicated that the recent panic in the market for US Treasury bonds was a false alarm. The increase in average hourly earnings has slowed appreciably, reducing the risk of aggressive monetary tightening by the Federal Reserve. Inflation moderated from levels recorded at the beginning of the year. Retail sales dropped for a third month, belying expectations ...

A funny thing happened after Amazon invited cities to compete for its second North American headquarters. Somehow other corporations got the idea that they would be the winners. There’s been a disturbing trend in corporations seeing the tax breaks offered to Amazon and deciding they’re entitled to the same when they pursue their own expansions or relocations. There’s nothing inherently ...