Recent Posts

Behind Trump’s zig-zag course to Singapore

“Are you on the road or in the ditch?” That’s the question labor reporters used to ask about big contract negotiations back when I covered the United Steelworkers union 40 years ago in Pittsburgh — and it’s the right one to pose now as President Trump zigs and zags toward a summit meeting with Kim Jong Un. Trump and Kim ...

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Investors take fright at UK retail’s warnings

With Brexit looming, profit warnings have become the new black for the British High Street. In the first quarter, a fifth of the country’s biggest publicly traded retailers warned earnings would fall, according to accounting firm EY. Worries about the economy are present, obviously, but heavy selling from investors — Dixons Carphone Plc’s stock fell 20 percent on Tuesday after ...

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When too much success risks the ire of regulators

Hargreaves Lansdown Plc is on a roll. The UK’s biggest direct-to-consumer fund platform saw the assets it manages grow by 3 percent to $120 billion in the four months through April as it added 60,000 new clients. The firm’s market value is near a record 9 billion pounds. That picture of health, though, may prove a red rag to the ...

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