The idea that automation will drive up unemployment or drive down wages — in other words, that robots will take people’s jobs — has become almost an article of faith for many Americans. Everyone can point to instances of automation reducing demand for certain workers. And with so-called artificial intelligence technology improving rapidly, there’s widespread worry that many humans will ...

Ever since Deutsche Bank AG abandoned talks to merge with Commerzbank AG in April, a drip-feed of information on what Germany’s biggest lender plans next has leaked out. For Chief Executive Officer Christian Sewing, the danger is that he finds most of his cards have been played well before he can unveil his overhaul at the end of next month. ...

Regulators will be watching closely when Facebook Inc. unveils its cryptocurrency project. Their vigilance is warranted. Mark Zuckerberg, the social network’s founder, isn’t going to gamble with what remains of his public image by replicating the worst excesses of the Bitcoin craze. He’s not trying to create a speculative currency; a potential wave of mom-and-pop investment losses is the last ...