News

Twitter unveiled its counterattack against Elon Musk on Friday, using a strategy invented to repel corporate raiders in an attempt to block a takeover bid by the world’s richest man. The strategy, known as a poison pill, would flood the market with new shares if Mr. Musk, or any other…

Is the U.S. dollar about to lose its special dominant role in the world financial system? People have been asking that question for my entire professional career. Seriously: I published my first paper on the subject in 1980. A lot has changed in the world since I wrote that paper,…

After Leona Cheng tested positive for the coronavirus late last month, she was told to pack her bags for a hospital stay. When the ambulance came to her apartment in central Shanghai to pick her up two days later, no one said otherwise. So Ms. Cheng was surprised when the…

Over a period in February and March, a survey of nearly 9,500 private-sector employees, commissioned by the Partnership for New York City, a consortium of business interests, asked what might be done to contribute to the city’s renaissance. Some respondents pointed precisely to the ways in which remote work enriched…

The most avidly followed sports event on earth, the FIFA World Cup, returns this fall — another chance to find out if what’s often been said about soccer is true: That 22 men chase a ball for 90 minutes, and the Germans always win. At the last World Cup, in…