It’s been more than three months since Indian Prime Minister Narendra Modi went on television to tell his people that 86 percent of their currency would be worthless in a few hours. Since then, his government has scrambled to find justification for such an unprecedented and draconian decision — one justification after another, as it happens. First, the goal ...

  Packaged-food investors, you’re out of luck … for now. Speculation about 3G Capital’s next target has been bubbling since the private equity firm orchestrated the merger of Kraft Foods Group Inc. and H.J. Heinz in 2015. We finally know what it’s chosen: Unilever on Friday confirmed Kraft Heinz Co. had offered $143 billion to acquire the European consumer goods ...

  Facebook founder Mark Zuckerberg’s manifesto, penned clearly in response to accusations leveled at the social network in the wake of the bitter US election campaign, is a scary, dystopian document. It shows that Facebook — launched, in Zuckerberg’s own words five years ago, to “extend people’s capacity to build and maintain relationships” — is turning into something of an ...