What a tangled web we weave when first we practice to deceive ourselves into believing that corporate welfare can be seemly. Consider the caper, both amusing and depressing, that began when mighty Boeing sought protection behind the skirts of the US Department of Commerce. Boeing, America’s 39th largest corporation by market capitalisation (over $150 billion) and 24th by revenues ($94.6 ...

Chinese investors are piling into Hong Kong stocks again, but they’re being choosy, treating two peas from the same pod in different ways. Mainland investors have snapped up some $2.5 billion of shares in Industrial & Commercial Bank of China Ltd. over the past two weeks, Shanghai-Hong Kong connect data show, helping to push the lender’s stock in the city ...

Soon after Equifax Inc. disclosed in early September that a data breach had exposed the private financial information of 145 million Americans, some advocated that the credit-reporting agency be shut down. At the very least, many thought, it would suffer some financial repercussions. Instead, Equifax reported its second-best quarter ever based on sales and its preferred measure of profits. In ...