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Profit Repatriation Slows in the Second Quarter After Tax Overhaul

Profit Repatriation Slows in the Second Quarter After Tax Overhaul

U.S. companies repatriated $169.5 billion in foreign profits between April and June—more than in most recent periods, but underscoring a cautious approach to shifting huge sums across borders.

Published 2 months ago

A Year After Maria, Puerto Rico is Pushed to Precipice

A Year After Maria, Puerto Rico is Pushed to Precipice

The worst storm to hit the island in nearly a century left $80 billion of damage and pushed Puerto Rico—already on a fragile economic footing—closer to the edge.

Published 2 months ago

EU leaders call for Brexit compromise at Salzburg summit

EU leaders call for Brexit compromise at Salzburg summit

Meeting held to plan strategy for reaching deal on UK withdrawal by November

Published 1 second ago

Bank of America’s investment banking boss to depart

Bank of America’s investment banking boss to depart

Christian Meissner steps down in wake of loss of market share in M&A

Published 1 second ago

Bank of America Corporate, Investment Banking Chief Christian Meissner to Depart

Bank of America Corporate, Investment Banking Chief Christian Meissner to Depart

Bank of America corporate and investment banking head Christian Meissner is leaving the bank, according to an internal memo reviewed by The Wall Street Journal.

Published 2 months ago

Britain’s Labour party: has Jeremy Corbyn missed his moment?

Britain’s Labour party: has Jeremy Corbyn missed his moment?

Facing a government in disarray, the opposition is beset by infighting and controversy over anti-Semitism

Published 1 second ago

Profit Repatriation Slows in the Second Quarter After Tax Overhaul

Profit Repatriation Slows in the Second Quarter After Tax Overhaul

U.S. companies repatriated $169.5 billion in foreign profits between April and June—more than in most recent periods, but underscoring a cautious approach to shifting huge sums across borders.

Published 2 months ago

Trump to Nominate Former Fed Economist Nellie Liang for Board Seat

Trump to Nominate Former Fed Economist Nellie Liang for Board Seat

President Trump will nominate Nellie Liang, a former Federal Reserve economist who created its first office of financial stability, to the central bank’s board of governors.

Published 2 months ago

Florence Flooding Hits North Carolina Hog Farms Hard

Florence Flooding Hits North Carolina Hog Farms Hard

Floodwaters have caused the worst damage to North Carolina’s hog farms in nearly two decades, with more than 5,000 animals dying and several dozen waste lagoons releasing pollutants into waterways.

Published 2 months ago

EU Turns Up the Heat on Irish Question Ahead of Brexit Meeting

EU Turns Up the Heat on Irish Question Ahead of Brexit Meeting

European leaders met in Austria in an effort to nudge stalled Brexit talks closer to the finish line. The big stumbling block: what to do about the U.K.’s border with Ireland.

Published 2 months ago

Beto O’Rourke electrifies voters as he takes on Ted Cruz in Texas

Beto O’Rourke electrifies voters as he takes on Ted Cruz in Texas

A US Senate seat that has not gone Democrat in 30 years is suddenly competitive

Published 1 second ago

UK ruling sets stage for Ukraine-Russia ‘odious debt’ battle

UK ruling sets stage for Ukraine-Russia ‘odious debt’ battle

Legal dispute over default opens door for courts to revisit the behaviour of sovereigns

Published 1 second ago

Anti-doping agency treads a fine line as it decides Russia’s fate

Anti-doping agency treads a fine line as it decides Russia’s fate

Prospect of lifting sporting sanctions proves contentious with many world athletes

Published 1 second ago

Rivals seek to profit from US-China trade war

Rivals seek to profit from US-China trade war

Companies from the EU, Mexico and Japan could reap comparative advantage

Published 1 second ago

Colombia grapples with wave of Venezuela migrants

Colombia grapples with wave of Venezuela migrants

Maduro feasts on steak while citizens flee into neighbouring countries

Published 1 second ago