The European Union’s Covid-19 vaccination rollout had looked like a cross between a bad joke and a bad dream. Almost everything that could go wrong did: Logistical failures, supply delays, the odd diplomatic incident and an ugly bust-up with AstraZeneca Plc. The euro-area economy, battered by successive virus waves, fell into a double-dip recession earlier this year. Yet the bloc ...

Gig economy workers are in the driver’s seat. With ride-hailing demand outstripping labor supply, a strengthening economy may accomplish what activists have failed to achieve: better pay and benefits. Uber Technologies Inc and Lyft Inc reported earnings that exceeded expectations, citing a rapidly improving market for ride-hailing. Not everything was perfect. While enthusiastic about demand trends, the two companies admitted ...

Norway’s sovereign wealth fund, the world’s biggest, is hamstrung in competing for talent with the rest of the investment industry. As a public institution, it faces what it calls “barriers to remuneration.” In other words, it can’t pay its stars what they would earn working at a hedge fund. But a study just published celebrating 20 years of active management ...