The United Kingdom on Wednesday started the clock on two years of negotiations to withdraw from the European Union. Britain’s top envoy to European Union Tim Barrow hand-delivered a letter to European Council President Donald Tusk, triggering final split. Tusk has said that he would respond with a draft negotiating guidelines within 48 hours. Leaders of remaining 27 nations ...

  Discussions about manufacturing tend to get very contentious. Many economists and commentators believe that there’s nothing inherently special about making things and that efforts to restore US manufacturing to its former glory reek of industrial policy, protectionism, mercantilism and antiquated thinking. But in their eagerness to guard against the return of these ideas, manufacturing’s detractors often overstate their case. ...

  With a promise to fly US passengers to Europe for as little as $65, Norwegian Air Shuttle ASA is poised to transform transatlantic travel. While terrific news for consumers, its low-cost long-haul strategy might be a little more turbulent for shareholders and lenders. Having built Norwegian from a handful of aircraft into Europe’s third-largest budget carrier, founder and CEO ...