Tesco Plc’s move to acquire cash-and-carry wholesaler Booker Group Plc is a bid by Britain’s biggest grocer to tackle a serious problem that faces all of the nation’s big supermarkets. It’s also a cunning succession plan. The deal makes strategic sense. Tesco can transform some of the excess space in its big hypermarkets into Booker distribution centers. It’s not ...

  Some bold and simple policies have merit; Friday’s executive order that temporarily bans the citizens of certain countries from coming to the US, and stops indefinitely the entry of Syrian refugees, is not one of them. As designed and implemented, there are genuine doubts about the order’s effectiveness in meeting its stated objective of preventing terrorism. It also risks ...

  Bloomberg Alphabet Inc., Microsoft Corp. and Intel Corp., which all posted quarterly results recently, reinforced what’s become a truism in technology: the biggest growth is in businesses that deliver computing over the internet. Microsoft topped projections on the strength of rising customer sign-ups for its cloud offerings like Azure, which saw revenue almost double. Intel sales rose more than ...