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SoftBank’s fund wheeze is setting off new alarms

SoftBank Group Corp. became vulnerable to activist attack by Elliott Management Corp. because of the harmful noise generated by the Japanese technology investor’s giant Vision Fund. That noise just won’t die down. A report appeared in the Financial Times that Vision Fund head Rajeev Misra is looking to raise a multi-billion dollar fund to buy listed stocks. The blueprint was ...

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Walmart Inc must prove misstep isn’t bad stumble

Walmart Inc. has been battling to take on Amazon.com Inc., but it was weakness in old-fashioned categories of retailing, not whizzy tech, that undermined its holiday performance and prompted it to come up short of expectations for this year. And that pressure’s not going away anytime soon, considering the continued onslaught from rivals that excel at back-to-basics shopkeeping, such as ...

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Trump’s India trip: Full stadium and mostly empty promises

If there’s one thing everyone knows about President Donald Trump, it’s that he loves a captive audience — the larger and more enthusiastic, the better. This is one of the many things he has in common with India’s Prime Minister Narendra Modi. On February 24, both of them will have a chance to indulge their shared passion. Trump is to ...

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