Clean coal, always dubious as a concept and never proved as a reality, has now failed as business proposition. Southern Co. has decided to stop work on a process that would have captured carbon dioxide emissions from a coal plant in Mississippi. Giving up on the project, which was nearly $5 billion over budget and three years behind schedule, makes ...

The first task for the Brexit negotiators is to agree on the rights of European Union citizens in Britain, and of UK citizens in the EU. In a rational world, this would be straightforward. In the real world, it will be a problem if one side or the other chooses to make it one. Roughly 3.2 million EU citizens live ...

For all their national pride and natural boosterism, Chinese officials don’t seem to think much of their own companies. Regulators have sought to limit everything from high-speed trading to short-selling, arguing Chinese firms can’t yet handle the vagaries of modern financial markets. They’re particularly leery of greater transparency, for fear of what might be exposed. Only last week, the China ...