The Cold War was waged and won in many places, including this beach city, home to the RAND Corp. Created in 1948 to think about research and development as it effects military planning and procurement, RAND pioneered strategic thinking about nuclear weapons in the context of the US-Soviet competition. Seven decades later it is thinking about the nuclear threat from …

  Goldman Sachs Group Inc. is forcing the Reserve Bank of India (RBI) to make a choice. The central bank will have to decide whether to let the masala bond market die slowly or gain new life in a different form than was envisaged when it allowed Indian companies to raise debt in rupees overseas. ReNew Power Ventures Private Ltd, …

  At a meeting with small-business leaders this week, President Donald Trump pledged to do “a big number” on the 2010 Dodd-Frank Act, which he blamed for cutting off the bank lending needed for growth. “It’s almost impossible now to start a small business and it’s virtually impossible to expand your existing business,” he said. Trump is wrong about small-business …