“The vaccine works. It is safe, effective, and potent.” In 1955, those were the words that told the world US scientist Jonas Salk’s polio shot was a success. It was news greeted with popular jubilation, ringing church bells and boldface banner headlines. The sort of heartfelt relief that most of us can readily identify with, more than a year into ...

Comfy shoes have never been so hot. L Catterton, the private equity fund backed by LVMH Moet Hennessy Louis Vuitton SE founder Bernard Arnault, is nearing an agreement to buy a majority stake in Birkenstock, maker of the famously clumpy sandals, for about 4 billion euros ($4.9 billion), Bloomberg News reported. This would be the second shoe to drop in ...

“All that’s required is the passage of time, an inner calm,” began a sentence in Warren Buffett’s annual letter to his followers. He was talking about the essentials of investing in a farm or business, but it felt like a metaphor for the collectively lonely and despairing moment that the world found itself in during the past year. With his ...