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Boris Johnson Quits as U.K. Foreign Secretary Amid Brexit Turmoil

Boris Johnson Quits as U.K. Foreign Secretary Amid Brexit Turmoil

U.K. Prime Minister Theresa May was battling to overcome her biggest crisis since she lost her parliamentary majority in last year’s general election after Foreign Secretary Boris Johnson resigned.

Published 1 week ago

Wage Gains Threaten to Squeeze Retail, Industrial Profits

Wage Gains Threaten to Squeeze Retail, Industrial Profits

Companies have warned in recent months that higher labor costs have been a drag on their bottom lines—a potential headwind for the nine-year stock-market rally.

Published 1 week ago

Central Banks Try to Bolster Their Currencies. It’s Not Always Working

Central Banks Try to Bolster Their Currencies. It’s Not Always Working

Central banks in some emerging market economies have started to spend down a $6 trillion stash of foreign reserves to contain currency declines.

Published 1 week ago

U.K.’s May Names New Brexit Secretary as Turmoil Grows

U.K.’s May Names New Brexit Secretary as Turmoil Grows

U.K. Prime Minister Theresa May was battling to overcome her biggest crisis since she lost her parliamentary majority in last year’s general election after a prominent supporter of Britain’s departure from the European Union quit her government.

Published 1 week ago

Chevron Boss, Not Exxon’s, Was Highest Paid in 2017

Chevron Boss, Not Exxon’s, Was Highest Paid in 2017

Recently retired John Watson of the oil giant Chevron Corp. topped the list of highest-paid energy bosses in the S&P 500, taking home more in 2017 than his counterpart at Exxon Mobil Corp.

Published 1 week ago

Summit Looms for a Strained NATO Alliance

Summit Looms for a Strained NATO Alliance

European leaders brace for a tense meeting this week with a U.S. president who is imposing tariffs and chiding the allies for not spending more on their own defense. Trump advisers say the president is just trying to rebalance the relationship.

Published 1 week ago

Xiaomi blames lacklustre debut in part on US-China trade war

Xiaomi blames lacklustre debut in part on US-China trade war

Tech group’s founder cites relations as shares fall 1.2% below opening price

Published 1 second ago

Chevron Boss, Not Exxon’s, Was Highest Paid in 2017

Chevron Boss, Not Exxon’s, Was Highest Paid in 2017

Recently retired John Watson of the oil giant Chevron Corp. topped the list of highest-paid energy bosses in the S&P 500, taking home more in 2017 than his counterpart at Exxon Mobil Corp.

Published 1 week ago

Starbucks to Eliminate Plastic Straws by 2020

Starbucks to Eliminate Plastic Straws by 2020

Starbucks Coffee plans to phase out single-use plastic straws from its more than 28,000 company-operated and licensed stores by 2020 in an effort to reduce its global waste footprint.

Published 1 week ago

Traders find a receptive ear among regulators for relaxing rules

Traders find a receptive ear among regulators for relaxing rules

Tough regulations introduced after 2009 seen as fuelling swings in asset prices

Published 1 second ago

Summit Looms for a Strained NATO Alliance

Summit Looms for a Strained NATO Alliance

European leaders brace for a tense meeting this week with a U.S. president who is imposing tariffs and chiding the allies for not spending more on their own defense. Trump advisers say the president is just trying to rebalance the relationship.

Published 1 week ago

Wage Gains Threaten to Squeeze Retail, Industrial Profits

Wage Gains Threaten to Squeeze Retail, Industrial Profits

Companies have warned in recent months that higher labor costs have been a drag on their bottom lines—a potential headwind for the nine-year stock-market rally.

Published 1 week ago

Legacy Preferences Complicate Colleges’ Diversity Push

Legacy Preferences Complicate Colleges’ Diversity Push

Top colleges have pledged to become more socioeconomically diverse, but the admissions edge many give to children of alumni may make that goal harder to achieve.

Published 1 week ago

Central Banks Try to Bolster Their Currencies. It’s Not Always Working

Central Banks Try to Bolster Their Currencies. It’s Not Always Working

Central banks in some emerging market economies have started to spend down a $6 trillion stash of foreign reserves to contain currency declines.

Published 1 week ago