Good presidents learn while they are in office. Donald Trump, however, is doubling down on many of the same bad ideas he campaigned on. A recent example is an initiative his administration is reportedly developing to force US allies to pay far more for hosting American troops and bases. The initiative flows naturally from the president’s desire to get even ...

Charles Li, chief executive of Hong Kong Exchanges & Clearing Ltd., has his plan at the ready. An agreement with MSCI Inc. is in the bag. Once regulators bless the idea, he will give futures contracts on China’s A-share index in the city a go. One place where Li’s announcement was received with some trepidation was the rival financial center ...

When it comes to General Electric Co. and its mammoth turnaround, I’ve long felt that a recovery in its bedrock business and financials won’t mean as much without a corresponding correction to the misguided priorities and cultural arrogance that led to its difficulties in the first place. So it’s good to see the company making some progress in that area. ...