The response to Jeff Bezos’s announcement of a $2 billion fund to create preschools and help homeless families has been muted if not skeptical. Some critics say that Bezos should give raises to Amazon workers first. Others argue that he should be taxed instead and the revenue put towards education. I’d like to speak up for private philanthropy, with the ...

Bloomberg The possibility of merging Deutsche Bank AG and Commerzbank AG has won the backing of German officials who are seeking a new champion that would protect the nation’s economy from an exodus of foreign capital. The government is in favour of a tie-up between its two biggest banks to create a heavyweight that would finance Germany’s export-oriented economy, according ...

Bloomberg Bank of England (BOE) policy makers have the chance this week to share their thoughts on interest rates now that Governor Mark Carney has said he’s sticking around for longer. Four members of the Monetary Policy Committee are making public appearances — including the first speeches by Dave Ramsden and Gertjan Vlieghe since officials voted to hike interest rates ...