In 1859, when Manhattan still had many farms, near the Battery on the island’s southern tip The Great American Tea Company was launched. It grew, and outgrew its name, becoming in 1870 The Great Atlantic & Pacific Tea Company, (A&P) which in 1912 begat the first A&P Economy Store, a semi-modern grocery store. By 1920, there were 4,500 such stores; …

Jaguar Land Rover (JLR) is scouting for a new address with a little more space for valuations. It’s good to shop around, even though luxury carmakers don’t get the admiration on stock exchanges that their products attract on the streets. What’s questionable, though, is the timing. Being parked inside the Mumbai garage of Tata Motors Ltd, its owner for the …

In the culmination of a long-running saga, MSCI Inc. recently announced that it would include some Chinese stocks in its widely used benchmark indexes, starting next year. China has taken this as recognition of its growing economic and financial might. But the decision seemed to have almost nothing to do with the reality of China’s financial markets. For one thing, …