There are fintechs, and then there are fintechs. Cheerleaders point to payments startups like Jack Dorsey’s Square Inc., whose stock has soared 242 percent in a year, as evidence of a Silicon-Valley-style revolution in the making. But there are sob stories, too: loan platforms LendingClub Corp. and On Deck Capital Inc. are still trading well below their IPO prices. Promises ...

Coca-Cola Co.’s thirst for an alternative to sugary drinks has proved a boon for Whitbread CEO Alison Brittain. She announced the sale of the Costa Coffee chain to the US beverage giant for 3.9 billion pounds ($5.1 billion). Brittain has been able to capitalise on the fact that coffee is piping hot right now: In May, Nestle SA paid $7.15 ...

President Donald Trump talked tough against Mexico, and then essentially agreed to renew the existing trade deal and called that a victory. If only the China spat could end the same way. It won’t. That’s because the gulf between Beijing and Washington is not just caused by recent rhetoric and tariffs. It also goes beyond national security concerns. The inevitable ...