The March 4 Italian elections have produced a lot of drama, an equity-market selloff, and as yet no sign of a government — but in the bond market, stability should prevail. Ten-year Italian yields have held close to 2 percent all year so far. Of course, there was always going to be a benefit from the European Central Bank’s (ECB) quantitative ...

President Donald Trump’s decision to quash an overseas bid for Qualcomm Inc. was almost certainly the right thing to do. That it came with little warning and not much explanation, however, suggests some significant flaws in the way the US evaluates such deals. Broadcom Ltd., based in Singapore, had made an unsolicited $117 billion offer to acquire Qualcomm, a leading ...

Here’s a useful lesson: Don’t believe what CEOs say, only what they do. This is what Uber’s top executive said three weeks ago: “We expect to lose money in Southeast Asia and expect to invest aggressively,” according to an account of Dara Khosrowshahi’s press briefing in New Delhi. “Right now the plan for Southeast Asia is to go forward, lean ...