Too big, too bloated, and too unwieldy. HSBC Holdings Plc’s achievement in bringing costs under control in the first quarter shouldn’t be an excuse to stand still. The bank posted a higher-than-estimated pretax profit of $6.35 billion last week as revenue growth outpaced the increase in expenses, a phenomenon known in industry jargon as “positive jaws.” Revenue climbed 9 percent ...

Bankers appear to be doing very well under President Donald Trump. Judging from government data, they’re reaping some of the biggest wage gains they’ve had in a long time. The Labor Department’s jobs report for April offered further confirmation that demand for workers is translating into better pay overall. The average hourly wage was up 3.2 percent from a year ...

Dirty air has finally become an issue in Indian election manifestos, along with perennial subjects such as temple-building and farmers’ incomes. That shouldn’t be a surprise: Even politicians can’t escape air pollution, which has reduced life expectancy in areas near the capital New Delhi by more than 12 years. To address the issue, the government earlier this year laid out ...