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Big Investors Want Directors to Stop Sitting On So Many Boards

Big Investors Want Directors to Stop Sitting On So Many Boards

Institutional investors, governance advisers and boards themselves are increasingly blocking directors from joining multiple boards, saying the practice spreads the executives too thin.

Published 3 months ago

If This Is a Trade War, China’s Winning

If This Is a Trade War, China’s Winning

In a trade standoff with the West, China is indifferent to complaints over chronic imbalances. It’s the behavior of a government that feels confident it has the upper hand.

Published 3 months ago

Nestlé Gives Loeb What He Wants: New Margin Targets, Faster Buybacks

Nestlé Gives Loeb What He Wants: New Margin Targets, Faster Buybacks

Nestlé set a new profit-margin target and said it would accelerate previously announced share buybacks ahead of a much-awaited investor day that kicks off in London.

Published 3 months ago

U.S. to Curb Russian Military Flights Over American Territory

U.S. to Curb Russian Military Flights Over American Territory

U.S. officials are preparing to announce restrictions to Russian military flights over American territory under the Treaty on Open Skies in the latest sign of strain in U.S.-Russia relations.

Published 3 months ago

Deal Boutique Greenhill Lands a Lifeline

Deal Boutique Greenhill Lands a Lifeline

Legendary Wall Street deal maker Robert Greenhill is throwing a lifeline to the firm he founded two decades ago, which has been largely left behind in the recent merger boom. Greenhill & Co. said its founder, along with CEO Scott Bok, will each invest $10 million in the company as part of a broader reorganization

Published 3 months ago

SEC Chairman Says Agency Didn’t Do Enough to Size Up 2016 Hack

SEC Chairman Says Agency Didn’t Do Enough to Size Up 2016 Hack

The chairman of the SEC is expected to say that his agency may have mishandled a breach of its system for disclosing market-moving news and promise to intensify how it defends itself against hackers.

Published 3 months ago

Maria Cripples Puerto Rico’s Main Airport, Leaving Thousands Stranded

Maria Cripples Puerto Rico’s Main Airport, Leaving Thousands Stranded

After Hurricane Maria knocked out radar systems and power, the island’s main airport is struggling to get thousands of stranded passengers off the island.

Published 3 months ago

OPEC’s Efforts Pay Off: Oil is Back in Bull Market

OPEC’s Efforts Pay Off: Oil is Back in Bull Market

U.S. oil prices returned to bull-market territory while the global benchmark hit a two-year high, as investors gained faith that OPEC will successfully shrink a global supply glut.

Published 3 months ago

Violent Crime, Homicide Rates Rose in 2016 for Second Straight Year

Violent Crime, Homicide Rates Rose in 2016 for Second Straight Year

Violent crime and homicide rates rose in the U.S. in 2016 for the second consecutive year, driven in part by a spike in murders in large cities, according to national data released by the FBI.

Published 3 months ago

Supreme Court Removes Trump Travel Ban Case from Schedule

Supreme Court Removes Trump Travel Ban Case from Schedule

The Supreme Court is dropping for now an oral argument about the legality of President Trump’s outgoing travel ban, a signal the justices may want to avoid deciding the case in light of new travel restrictions the White House unveiled Sunday.

Published 3 months ago

A Rare Joint Interview with Microsoft CEO Satya Nadella and Bill Gates

A Rare Joint Interview with Microsoft CEO Satya Nadella and Bill Gates

On the occasion of the publication of Nadella’s first book, out this fall, Nadella and his predecessor talk shop.

Published 3 months ago

North Korean Official Says U.S. Has Declared War

North Korean Official Says U.S. Has Declared War

North Korea’s foreign minister said Monday the U.S. had declared war on North Korea and his country considers all possible responses to be on the table.

Published 3 months ago

U.S. Has Options as Tension With North Korea Escalates

U.S. Has Options as Tension With North Korea Escalates

It’s hard to imagine rhetoric more stark—and dangerous—than the words flying back and forth between the leaders of the U.S. and North Korea. But experts say there are options to try to contain Pyongyang’s nuclear advances, Gerald F. Seib writes.

Published 3 months ago

Merkel Faces Big Challenges in Forming Government

Merkel Faces Big Challenges in Forming Government

German Chancellor Angela Merkel started laying the groundwork Monday for an unprecedented three-way governing coalition, but faced headwinds from conservative allies reeling from losses to an upstart nationalist party and clamoring for a tougher line on immigration and security.

Published 3 months ago

Trump, NFL Trade Barbs as Clash Over Protests Continues

Trump, NFL Trade Barbs as Clash Over Protests Continues

President Donald Trump and the NFL on Monday intensified their criticisms of one another, deepening a divide over player protests.

Published 3 months ago