If it’s really out with the old at John Flannery’s GE, then its arcane and vague approach to reporting earnings needs to go. Flannery has rolled out a bold transformation plan to shrink General Electric Co’s eight major business units to four and vanquish the bureaucracy that’s been stifling the 126-year-old congl- omerate. Many assumed this refresh would include a ...

The highest-valued stock in the S&P 500, based on this year’s expected earnings, is not Amazon.com Inc, Netflix Inc or any other member of the FANG bloc. In fact, none of the tech megacaps, which also include Facebook Inc and Google parent Alphabet Inc, even rank in the top 10. Hess Corp, an 85-year-old oil company, with a forward P/E ...

European Commission President Jean-Claude Juncker cannot be looking forward to his meeting with Donald Trump. He knows there’s little hope of making the US president see sense on trade. (Trump confirmed on Twitter that “tariffs are the greatest.”) But Juncker can avoid making a bad situation worse, and with luck even suggest a way out of this mess. The EU ...