Many Americans still think of the US economy as increasingly dominated by knowledge and technology workers. In fact, when it comes to jobs growth in this decade, blue-collar industries have outpaced service industries, and the trend is accelerating. Tariffs may amplify this trend — making the US economy more like China’s economic model. Throughout the economic expansion in the 1980s ...

Antibiotics might be the most important medicines we have. They treat everything from dirty cuts to rapidly mutating superbugs that make a stay at a hospital an increasingly scary proposition. With new strains of drug-resistant and potentially deadly bacteria continuing to emerge, it’s essential from a public-health perspective that the antibiotic pipeline remains robust. But instead, big pharmaceutical companies are ...

A tiny subsection in the UK takeover code has shot from the margins to the center. The Takeover Panel prompted more controversy over an arcane rule and its application to the battle for Sky Plc. The rule book’s so-called chain principle determines what happens if a bidder takes control of a publicly traded company by buying a firm that owns ...