Talk about an unexpected US jobs day for bond traders. Some strategists were priming their audience for disappointment, noting that August jobs data has missed forecasts almost every year over the past two decades. That didn’t happen this time around: Nonfarm payrolls rose 201,000 last month, beating the 190,000 median estimate of analysts surveyed by Bloomberg and crushing the even ...

Elon Musk brought Tesla Inc. into this world, and he seems determined to take it out. The billionaire’s latest self-destructive act was an appearance last night on the podcast of comedian Joe Rogan, where, among other things, Musk confirmed Bob Dylan’s thesis that “everybody must get stoned.” It’s the latest in a long chain of Musk stunts, which Liam Denning ...

There are already 170,000 small, unmanned aerial vehicles licensed in the US, and the Federal Aviation Administration predicts another half-million more of them to be airborne by 2022. Drones are everywhere, doing all sorts of things, including delivering hamburgers and pizzas. They’re taking group photos and scouting properties. They’re also competing, and the competition is serious. Lockheed Martin Corp. has ...