The aircraft arrayed around the spacious lawn of Maxwell Air Force Base, home of the Air University, mostly represent long-retired types. The largest, however, is a glistening B-52 bomber, which represents a still-employed component of the Air Force’s aging fleet: The youngest B-52 entered service in 1962. Sons have flown the same plane their fathers and grandfathers flew. But, then, …

Reliance Industries Ltd’s (RIL’s) unexpected 1-for-1 bonus issue, which chairman Mukesh Ambani unveiled at the company’s 40th annual general meeting (AGM) on Friday, gave a further boost to shares that are already the second-best performing this year on India’s benchmark index. What’s interesting about the announcement, however, is the timing. The last time India’s most-valuable company gave one free share …

Why is Chuck Schumer doing Donald Trump a favor? The Senate minority leader’s delaying tactics for the president’s nominees are not only uncalled for, but they also distract from the White House’s historic ineptitude at filling the senior ranks of government. So far, the Trump administration has made 163 fewer nominations than former President Barack Obama at the same point, …