US President Donald Trump slapped sanctions against Iran in retaliation to Tehran’s recent ballistic missile test. More than two dozen people and companies from the Persian Gulf to China face new restrictions for supporting the missile program and providing support for Iran’s hard-line Revolutionary Guards Corps. They are now prohibited doing any business in the United States or with …

  Like many a divorce, the UK’s separation from Europe threatens to get bogged down over money. While the UK wants to focus straight away on building a post-European Union identity, for the EU the first order of business will be the 60 billion euros the bloc says Britain owes it. Prime Minister Theresa May plans to formally trigger Brexit …

  We may need to brace for the demise of America’s largest department-store chain. Hudson’s Bay Co., the Canadian owner of Lord & Taylor and Saks Fifth Avenue, is in talks to take over Macy’s, according to a report from The Wall Street Journal on Friday. It would be a spectacular end to a years-long struggle for what was once …