A year ago, all was set fair for Switzerland’s largest bank. The wealthy were getting richer and assets were appreciating, while many of UBS Group AG’s European competitors were still figuring out what they wanted to be. The firm’s decision after the financial crisis to pivot away from the rapidly shrinking securities-trading business to focus on managing money for the ...

Only in Tesla-land could a figure provoke a 10 percent slump in the stock at the open: Tesla Inc. kicked off 2019 with a sales report boasting it had delivered almost as many vehicles in 2018 — 245,240 — than in all prior years combined. Roughly 91,000 found a home in the fourth quarter, triple what was sold in the ...

The optimistic narrative about Apple Inc.’s iPhone business is falling apart in front of our eyes. The company has stunningly slashed its own revenue forecast for its first fiscal quarter that ended in December. Apple led by blaming a slowing economy in China and the trade skirmish with the US for worse-than-expected consumer transactions in the region that includes China, ...