Bloomberg German automakers must invest more in electric vehicles and take on Elon Musk’s Tesla Inc., Chancellor Angela Merkel’s chief of staff said Saturday. Peter Altmaier said he was thoroughly disappointed by German auto executives following the diesel-emissions scandal and that he was also thinking about the future of the 600,000 employees in the industry. “When is our automobile industry, …

Bloomberg Jeff Bezos is about to one-up your grocery store loyalty program. Today, millions of consumers get lower prices and other perks in exchange for favouring one store chain over another. Starting Monday, Amazon.com Inc. will lavish its most loyal customers with similar benefits and more when they shop at Whole Foods Market Inc., the high-end grocery chain it’s buying …

“Strategic patience” is out as the US approach to North Korea, and “strategic accountability” is the new term of art. That’s according to an op-ed article by Secretary of Defense James Mattis and Secretary of State Rex Tillerson. “The object of our peaceful pressure campaign,” they write, “is the denuclearization of the Korean Peninsula.” While I heartedly approve of finally …