When a company faces shareholder activism, the temptation is to find quick rewards for investors at the expense of the business. But GlaxoSmithKline Plc — now a target for Elliott Management Corp — is in a bind because its heavy dividend commitments have already long constrained its ability to invest in new medicines. The UK drugmaker should use the forthcoming ...

Ocean conservation was once a goal for Democrats and Republicans alike. In Congress, they collaborated to ensure that US fisheries would be sustainably managed, to protect imperiled marine creatures by banning the use of driftnets and shark finning, and to set aside large areas of the ocean for special protection. While he was president, George HW Bush designated six National ...

Bloomberg UK tourists scrambled to return from Portugal before a quarantine requirement kicks in on Tuesday, driving up ticket prices as travellers rearranged flights ahead of the deadline. A three-hour British Airways flight from Faro, in the popular Algarve region, to London City airport on Monday night costs $1,000, according to Skyscanner. The following day, when passengers will be subject ...