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Bloomberg Theresa May is facing pressure to abandon her Brexit deal and quit as British prime minister within days, according to people familiar with the matter. Several senior government officials said they were shocked that the premier’s new offer intended to win votes in parliament for her European Union divorce agreement had been so badly received so quickly. Speaking on ...

Bloomberg Speaker Nancy Pelosi is facing new pressure from House Democrats to open impeachment proceedings as she planned to meet with her party behind closed doors on Wednesday to discuss President Donald Trump’s defiance of congressional investigations. Several influential Democratic lawmakers, including a few top Pelosi lieutenants, in recent days joined calls to begin an impeachment inquiry, spurred by Trump’s ...

Bloomberg On a cool Delhi evening in November 2016, Narendra Modi hastily called a national address to make the most consequential decision of his premiership: Effective at midnight, some 86 percent of India’s cash would no longer be valid in a bid to stamp out corruption. Panic quickly ensued as India’s 1.3 billion people—many with no bank accounts or credit ...

In any tense military confrontation, diplomats start looking for an “off ramp” that could de-escalate tensions. But in the current standoff between the United States and Iran, it’s hard to find any such exit route. The US-Iran faceoff is one of those odd situations where both players appear eager to set off sparks, although neither seems to want a raging ...

Macy’s Inc.’s turnaround efforts didn’t backslide in the first quarter. The department store behemoth reported that comparable sales rose 0.6% from a year earlier in the first quarter, or 0.7% including licensed departments. That increase surpassed analysts’ expectations and set the retailer on track to easily achieve its full-year guidance of 0% to 1% growth on this measure. Adjusted earnings ...

Looks like deposed car executive Carlos Ghosn was right after all: Nissan doesn’t care about shareholder value. Nissan Motor Co. last week reported dismal earnings and gave an even grimmer outlook. Still worse: The company said it would slash its dividend by 30%. Chief Executive Officer Hiroto Saikawa then proceeded to talk about fanciful ideas of improving governance and the ...

The European Union (EU) is under siege. In elections from Sweden to Spain, right-wing populists continue to gain strength, while support for traditional parties withers. Populist groups expect to make sizable gains in this week’s elections for the European parliament — giving them more power than ever before over the institutions at the heart of the EU. Europe’s cohesion hangs ...

This time it’s for real. Theresa May didn’t exactly say when she would leave 10 Downing Street, but she promised to name her exit date in early June. The question is what difference changing leader will make for the Conservative party. After a potentially messy leadership contest (one is already underway), the party will likely rally behind a new chief ...

Even the most committed free-traders have to admit that tariffs and the threat of tariffs can prod other countries to make needed reforms. That outcome is still possible in the American trade war with China, and it’s the one to root for. But our thinking about this conflict suffers from misconceptions that bias us towards President Donald Trump’s tariff-centered strategy. ...

The Centers for Disease Control and Prevention (CDC) has just released its latest statistics on US births. Boring, you say. Not so. Historic birth patterns tell us a lot about where the country has been — and where it might be going. We are now experiencing some of the lowest birth figures ever. In 2018, US births totaled 3.788 million, ...