Whoever came up with the Article 50 process for leaving the European Union probably never thought it would be used, let alone turned into a maddening form of procedural torture worthy of Kafka. Brexit was meant to have been wrapped up in March, yet the UK’s inability to decide what it wants has frustrated the best-laid plans of Brussels’s technocrats. ...

Masayoshi Son just pulled off a deal that gives him the best of both worlds. He’s found a way to keep a foot in WeWork without getting it stuck in the company’s quicksand of cash. SoftBank Group Corp.’s chairman announced that he’s increasing the company’s stake in WeWork to 80% ( from 29%). And yet, the parent isn’t welcoming the ...

Some good news for the European Central Bank (ECB). The German government has nominated Isabel Schnabel, an accomplished economist at the University of Bonn, to replace her compatriot Sabine Lautenschlaeger on the ECB’s executive board. Lautenschlaeger is quitting after the central bank’s decision to restart large-scale bond purchases (known as quantitative easing). It’s an anachronism that Germany, France and Italy ...