There was no need for President Trump to withdraw the United States from the Paris climate agreement to achieve his goal of overturning the Obama administration’s global warming policy. This had already occurred through court rulings and executive orders, which effectively halted higher vehicle fuel economy standards (up to 54.5 miles per gallon) and ended the Clean Power Plan program, ...

Uber is the San-Franscico-based technology company. It is also a transportation company. That may seem like a trivial distinction, but a lot is riding on it. And not just for Uber, but for every disrupter that fancies itself a technology company. Europe’s highest court — the European Court of Justice — will decide later this year whether Uber is more ...

The European Commission has been thinking about ways to strengthen the euro zone, and is proposing a plan for a new “sovereign bond-backed security.” Give the commission credit for putting its finger on an important defect of the euro-zone system. Unfortunately, its remedy falls far short. The defect is the so-called “doom loop” between governments and banks. Banks in Europe ...