In economic terms, Americans have a lot to be thankful for this year. Unemployment is at record lows, more people are actually working (as opposed to dropping out of the workforce), and wage growth is improving for workers on the low end of the scale. Other countries, when recovering after a big financial crisis, have suffered though a “lost decade” ...

A corporate battle at Telecom Italia SpA shows why it’s tough to be an investor in Italy these days. The government is interfering with a private company to get hold of its most prized asset: the country’s phone and broadband network. The opposition tacitly supports the plan. Italy is playing fast and loose with property rights and no one seems ...

How did Facebook Inc., mere distributor of clicks and likes, become the nexus of so many crises? And why does it always seem to make things worse? Facing global criticism over privacy breaches and the Russian disinformation campaign, according to the New York Times, Facebook dissembled publicly, stifled dissent internally, called in political favors, and hired a consulting firm to ...