As an international tax-evasion probe ensnares Credit Suisse Group AG, the bank says it has a “zero-tolerance” policy that’s more than just talk. Its weekend charm offensive flagged cash invested in compliance and risk controls, as well as business sacrificed by weeding out irregular clients. But whatever happens in this case, it’s likely that the cost of transparency ...

  Last week’s bankruptcy of Westinghouse Electric Co. is yet more evidence, if anyone needed any, that the economics of nuclear power are not good. Like coal, nuclear energy can’t compete against cheap natural gas and ever-cheaper renewables. Unlike coal, however, nuclear energy is a crucial tool in the fight against climate change. So the public subsidies that benefit the ...

  The dust-up over Gibraltar is a prelude to how bumpy the road to Brexit deal would be. The rocky 2.6 square mile enclave has been a British territory for the last three centuries. But Spain has long sought to regain control of Gibraltar, an area of 32,000 people on the southern tip of the Iberian Peninsula. Now Gibraltar, which ...