Seventy years ago on Monday, Secretary of State George Marshall delivered a Harvard commencement day address that became the framework for what we call the ‘Marshall Plan’ for European recovery. It’s a cruel anniversary this year, as we watch President Trump dismember the world order that Marshall and his colleagues helped build. Dean Acheson, one of Marshall’s colleagues and his …

With Donald Trump pulling the US out of the Paris climate accord, China and India will have to shoulder the burden of keeping a lid on global warming. But even if the two most-populous nations are willing to take up the mantle, their ability to pull it off is uncertain. India’s solar industry offers a case study. Thanks to a …

Credit where credit’s due: The sale for 1 euro of Banco Popular Espanol SA, a failing Spanish bank, to rival lender Banco Santander SA shows how the euro zone should handle such cases. The regulators acted swiftly and fairly. Global markets barely noticed. This is a model for future interventions. Banco Popular’s troubles date back to Spain’s real-estate crisis, which …

The prosecution of intelligence contractor Reality Leigh Winner under the Espionage Act is a sure sign that the Trump administration’s war on leakers has begun. But as the opening battle, it’s poorly chosen, and a serious mistake in prosecutorial discretion by Deputy Attorney General Rod Rosenstein, who should know better. Winner has the wrong profile for a headline-grabbing prosecution by …

Uber has been in the news a lot lately, and most of it hasn’t been pretty. Allegations of a sexist workplace culture, a high-profile legal battle with Alphabet Inc. (Google) over self-driving car technology, reports of attempts to skirt local laws, an anti-Uber Twitter campaign, and an exodus of top talent have put the ride-hailing giant on the back foot. …

You don’t have to be a genius to become a mathematician. If you find this statement at all surprising, you’re an example of what’s wrong with the way our society identifies, encourages and rewards talent. As a mathematician who studied at Berkeley, Harvard and Princeton, I’ve known geniuses. I got to hang out with Andrew Wiles, who is credited with …

Google, which controls more than 40 percent of the US digital ad market, has decided to teach the world which ads are acceptable and which aren’t. Starting next year, its Chrome web browser will block all ads — including those bought through Google — on websites that don’t follow guidelines set by an industry group. This monopolistic move is meant …

Bloomberg A selloff in US technology stocks spread through Asia and Europe, battering shares from South Korea to the Netherlands. The pound fluctuated as an embattled Theresa May fought to survive the fallout from the British general election. Samsung Electronics Co., ASML Holding NV and Tencent Holdings Ltd. led declines in Europe and Asia, dragging down benchmark indexes. US stock …

Bloomberg Pakistan’s key stock index declined the most globally on Monday as Prime Minister Nawaz Sharif was called to appear before a team investigating corruption allegations against his family. The nation’s benchmark KSE100 Index declined 3.8 percent at the close in Karachi, the most among 96 primary indexes tracked by Bloomberg. Habib Bank Ltd. was the leading decliner down 3.2 …

Bloomberg While a chorus of market experts is telling investors to look outside of the US for big returns, at least one loud voice is singing a very different tune — Vanguard Group founder Jack Bogle. The 88-year-old investor, who started the first index fund in 1976, said that he’s fully invested in US securities, with stocks and bonds having …