The Italian government has announced a 3.6-billion euro ($4 billion) stimulus package to help the economy cope with the coronavirus outbreak. The response appears timely and proportionate. Rome can always add to the stimulus later — provided the financial markets allow it. Roberto Gualtieri, minister of finance, said in an interview that he was looking at a three-step plan to ...

Twitter Inc. deserves a full-time CEO. That’s the message from activist investor Elliott Management Corp., which has taken a stake of around 5% and has nominated members to the social-media company’s board as part of a campaign to oust incumbent Jack Dorsey. In addition to running Twitter — which he co-founded — Dorsey is also CEO of online payments processor ...

Bloomberg American stock-index futures rose with European equities as investors took in surprises from the US presidential primary along with market reactions to the Federal Reserve’s emergency interest-rate cut. Treasuries higher continued their rally, while the dollar steadied. Contracts on the S&P 500 rebounded from a tumble on Tuesday, when the 50 basis-point Fed move failed to ease concerns about ...