Briefly suspending their warnings about the rising tide of socialism, a large majority of Senate Republicans recently joined with almost all their Democratic colleagues in affirming the essence of socialism, which is government allocation of capital. The Senate’s revival of the Export-Import Bank is a redundant reminder that the rhetorical discord between the parties exaggerates their actual differences. The Ex-Im ...

Like a practitioner of the Japanese art of Kabuki, Emmanuel Macron’s administration is going through some elaborate dance steps to try to shape the future of the Renault-Nissan carmaking alliance. The French president wants to protect the jobs of his citizens, as well as taxpayer money and France’s credibility as an industrial investor. It’s been an incredibly clumsy performance. France ...

Persistent macroeconomic struggles and changing winds of domestic regulation have thrown plenty of curveballs at China’s top two technology companies, Alibaba Group Holdings Ltd. and Tencent Holdings Ltd. Yet both of them managed to offer promising signs for investors willing to take the time to dig into the numbers. The common thread for both was the performance of relatively new ...