Betting on the “death of the city” after Covid always looked extreme — Classical Athens survived far worse plagues and disasters. Yet places like London and Paris are once again having to confront the risk of hardening into enclaves for the rich. Even as the scars of past lockdowns keep tourism subdued and some workers in far-flung locales, house prices ...

The first indictment in the Boeing Co 737 Max crisis should not be the last. Late last week, a federal grand jury charged the company’s former chief technical pilot, Mark Forkner, with deceiving Federal Aviation Administration (FAA) officials in their evaluation of the Max and scheming to defraud the plane maker’s customers. Forkner is the only person to be indicted ...

Merger arbitrageurs once found it easy to force bidders for German companies to pay a full price for a takeover target. But acquirers are adopting a new playbook to keep meddlesome hedge funds at bay. For the German corporate sector, it’s a pyrrhic victory. The key battle in German M&A used to be over securing a 75% holding — the ...