It’s been a week of milestones for Exxon Mobil Corp, and not in a good way. The oil major froze its dividend for the first time in 13 years and then, on May 1, announced its first quarterly loss in decades. Covid-19 plays a big part, obviously, but Exxon’s strategy is the big problem, particularly on its home turf. As ...

President Donald Trump recently announced an executive order “temporarily suspending immigration to the United States.” It turns out that the new restrictions are narrower than this might suggest — which is a good thing. Immigration policy needs short-term adjustments and cries out for long-term reform, but broad or indefinite clampdowns certainly aren’t the answer. The president was describing the order ...

The timing is certainly awkward. The year 2020 was supposed to be the moment for Germany to show leadership, as it takes over, on July 1, the rotating presidency of the Council of the European Union, analogous to an upper house in the EU’s legislature. But now a virus has come along and thrown the world and the EU into ...