Annegret Kramp-Karrenbauer, the likely successor of Chancellor Angela Merkel, took over as Germany’s defense minister. In a speech to parliament outlining her priorities, AKK, as she is known, said she would “hold fast” to the goal of increasing country’s defense spending to 2 percent of economic output — but that Germany would aim to attain military spending of 1.5 percent ...

When will Boeing Co.’s 737 Max return to the skies? It’s anybody’s guess. The aerospace giant said that it was planning for an early fourth-quarter return for the jet, giving investors hope that it had turned the corner on the crisis that’s engulfed the best-selling plane following two fatal crashes. But in the earnings call, executives threw out an alternative ...

One of the toughest corporate strategies is managing a declining asset while investing in promising but nascent ones. It’s such a well-known difficulty that famous books have been written about it. This management balancing act might be even tougher in technology. If a company has a slow-growing or declining tech asset, often it simply dies or gets taken over by ...