When Boeing Co. CEO David Calhoun was asked last month how he would fix the 737 Max crisis as a long-time insider, he bristled at the label, telling reporters, “I watched the same movie you did.” Calhoun, of course, was hardly just an observer, or shouldn’t have been: He has been a director at the company since 2009. A pair ...

Who would have thought power tools and patio sets would be big holiday-season winners? After big-box retailers such as Walmart Inc. and even superstar Target Corp. came up short during the 2019 holiday shopping sprint, Home Depot Inc. rebounded with a better-than-expected fourth quarter. Same-store sales rose 5.2%, ahead of consensus expectations of a 4.7% gain. The gains indicate the ...

The US equity market finally is taking notice of the coronavirus, which now is spreading from China to other countries and increasing the risk of a shock that could cause a US recession. So what are the implications for the US economy and the Federal Reserve? Obviously, that is a difficult question to answer because it’s impossible to anticipate what ...