In grade school, a teacher made kids who got in trouble go to the blackboard and write multiple times: “I will not …. ” It was my introduction to chalk. Here’s a repeat reference to a lesson taught two decades ago by a Republican pollster, the late Bob Teeter: The party that owns health care is a loser. Today, it’s ...

As it heads into a major leadership transition, China is attempting a strange breed of corporate reform. Rather than privatizing state-owned enterprises outright, the government is testing whether selling minority stakes to private investors may improve their performance. Meanwhile, state companies are busy revising their governing laws to give the Communist Party more control over management. The goals of these ...

Bloomberg US stocks added to records as consumer-focussed shares led gains amid data showing a surge in the American services sector. The dollar and Treasuries edged lower amid speculation over a new Federal Reserve chair. The S&P 500 Index added to records for the seventh day. Carmakers, producers of household products and food retailers led gains after services industries rose ...