France’s new leader won stunning support this spring and squandered it with stunning speed soon after. But he has what Napoleon said a general needs most: luck. President Emmanuel Macron has not yet begun serious reform of France’s sclerotic economy, such as a rewrite of France’s overweight labor regulations, which is sure to prompt protests. But in the meantime he ...

The biggest problem with US insider trading laws is that the US has no insider trading law. It’s true. The nation’s seminal securities statute, the Securities Exchange Act of 1934, while broadly outlawing securities fraud, never even employs the phrase “insider trading.” And over the subsequent 83 years, while Congress has occasionally increased the penalty for insider trading, it has ...

Bloomberg On a test route in Berlin traffic, an experimental Jeep Grand Cherokee slams on its brakes every few hundred yards, like a nervous teenager with a learner’s permit. In a sense, that’s exactly what the robo-car is. Even after months of navigating the same 11-kilometer (7-mile) set of roads, the sport utility vehicle that’s kitted out with an array ...