Bloomberg French president Emmanuel Macron’s government unveiled an emergency funding plan for ailing hospitals in an effort to calm protests from doctors and healthcare workers as the country braces for strikes over pension reform. Prime Minister Edouard Philippe said the government will raise the budget for hospitals by 1.5 billion euros ($1.7 billion) over the next three years, starting with ...

Bloomberg For the longest time, Angela Merkel was Germany and under her the center-right Christian Democrats were the dominant political force in the European Union. Today the party is a shambles and its new leader, Annegret Kramp-Karrenbauer (AKK), can’t seem to straighten it out. Just last month, the CDU suffered a historic beating in the eastern region of Thuringia. Mike ...

“Everyone seems to agree … that these companies are fundamentally different … [and] the old rules of capitalism simply do not apply to them” —Economist Thomas Philippon, author of “The Great Reversal:How America Gave Up on Free Markets” The public face of American capitalism is Big Tech. Its constituent firms — Apple, Amazon, Google and Microsoft, to name a few ...