Who knew the work of disciplined inventory and expense management could get Wall Street this excited? Or, at least that’s what I think is driving a surge in shares of Nordstrom Inc., which reported second-quarter earnings. The retailer beat analysts’ earnings per share estimates, an outcome it chalked up to deft expense control. But, to my mind, practically everything else ...

When he failed to ignite a continental uprising against South America’s 19th-century colonial masters, Simon Bolivar was crestfallen. “He who serves the revolution plows the seas,” he despaired. Happily, Bolivar got it backward. From the Yucatan Peninsula to the Strait of Magellan, aquaculture is revolutionising food production. Plowing the oceans and inland waters, Latin America and the Caribbean expanded more ...

Bloomberg US equity-index futures turned higher along with shares in Europe after a down session in Asia on Monday as investors assessed the latest developments in the Sino-American trade war. The dollar strengthened. Contracts on all three main US equity indexes rose after President Donald Trump said that prospects for a deal with China were better now than at any ...