Soon, in a federal court that few Americans know exists, there will come a ruling on a constitutional principle that today barely exists but that could, if the judicial branch will resuscitate it, begin to rectify the imbalance between the legislative and executive branches. It is the “nondelegation doctrine,” which expresses John Locke’s justly famous but largely ignored admonition that ...

Break out the bubbly: Global financial regulators are starting to cooperate for the greater good as the Brexit deadline looms ever closer. Just don’t mistake an uneasy truce for a lasting peace. The agreement between EU securities regulator Esma and the Bank of England is another step towards creating a post-Brexit safety net for the $400 trillion global derivatives market, ...

And just like that, this is no longer Marvin Ellison’s J.C. Penney Co. The department store chain said it is going to get out of the business of selling major appliances. With this move, new CEO Jill Soltau has reversed course on a key initiative of Ellison, her predecessor in the top job at the troubled retailer. This decision does ...