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Bloomberg The United States consulate in Nuevo Laredo, Mexico, issued a safety warning and a curfew for its personnel following ongoing violence between Mexican authorities and criminal organisations. “US government personnel are subject to restrictions on their movements and an evening curfew until further notice,” according to the consulate’s official Twitter account. It didn’t specify the curfew hour. It said ...

If President Donald Trump hopes to bring economic conservatives back to his side, this was the case he needed to make. In a speech at the Economic Club of New York, he offered a strong defense of his record on both economic growth and job creation. His argument for his trade war, on the other hand, was compelling as rhetoric ...

In December, American consumers will return more than 1 million packages to e-commerce retailers each day. It’s a flood of unwanted stuff that’s expected to peak on January 2, which UPS Inc. cheekily calls “National Returns Day.” For UPS and other shippers, that’s reason for plenty of post-holiday cheer. For everyone else, those tens of millions of packages are a ...

Line Corp. would be lucky to have a suitor. Even if it bears the name Yahoo. The instant-messenger company has been marching toward irrelevance since its dual Tokyo and New York initial public offerings three years ago, with management failing to navigate any clear future for the company or its core product. They’ve shown zero interest in geographical expansion and ...

If you are searching for an example of political hubris, look no further than what has happened in the last six months in Spain. At a general election last April, the left-wing Socialist Party and the centrist Ciudadanos registered strong electoral gains, which put them in a comfortable position to form a government together. Instead, party leaders Pablo Sanchez and ...

Boeing Co.’s 737 Max may be inching towards a return, but the crisis is far from over. The airplane maker said that it continues to aim for Federal Aviation Administration certification of updates to the troubled Max in the current quarter, which could allow it to start delivering the jets in December. It could take several more weeks to finalize ...

And then there were none. Almost exactly a year after Unilever NV announced the departure of chief executive officer Paul Polman, the consumer goods giant’s chairman Marijn Dekkers is stepping down with immediate effect. Nils Andersen, a non-executive director since 2015, will replace him. In one sense it’s a natural time for a change. Dekkers has overseen the CEO succession, ...

The titans of finance have a new foe, and it’s not Jeremy Corbyn or Elizabeth Warren. Wall Street’s elite is attacking Europe’s central banks over their reliance on negative interest rates, saying they’re hurting the economy. Monetary authorities do need to be mindful of the side effects of unconventional measures. But there’s little evidence that negative rates are proving harmful. ...

Bloomberg An investor probably would’ve panicked if you told her at the start of 2019 that the trade war wouldn’t go away. Or that earnings would fall flat and that a bid to kick out the president would erupt. Fast forward 11 months and nobody seems to care. Volatility in the equity market is flirting with a two-year low, with ...

Bloomberg The $200 billion cryptocurrency market is far too small for an exchange-traded fund to work, according to Fundstrat Global Advisors LLC’s Tom Lee. Numerous attempts to get approval from the US Securities and Exchange Commission (SEC) for crypto-related ETFs have been stymied, and Lee doesn’t think it’s a bad thing. Big fund launches in the US can have around ...