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UK businesses are having a problem and it’s not Brexit

The UK economy isn’t in recession. So why are some businesses having such a bad time? The number of profit warnings by British firms is at the highest in two years, with retailers and outsourcing firms among the worst-hit, according to accounting firm EY. Carillion Plc imploded this month, while shares of Carpetright Plc and Dignity Plc have seen 50 ...

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Trump is still dreaming of a 1950s-era economy

Have you ever had the wild thought that if you shut your eyes really tight and then opened them again, you’d wake up and find that you were a kid again, and that your whole adult life had been one long dream? No more backaches, no more mortgage payments, just Saturday morning cartoons and Mom and Dad waiting for you ...

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Boeing needs to stay out of its own way

What goes up must come down, unless we’re talking about Boeing Co. The plane-maker — now also the biggest US industrial company after doubling its market value over the last year — reported fourth-quarter results last week that were nearly perfect. The recently passed US tax legislation contributed an outsized $1.74 to Boeing’s fourth-quarter earnings per share, equating to a ...

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