The dollar is on a tear, and that is shaping corporate strategy on both sides of the Atlantic. U.S. exporters are bracing for tough times. For European exporters, by contrast, the dollar’s strength has created opportunity.
Shell said it had signed an agreement with Iran’s state oil company to explore future projects, signaling that giant energy companies are unlikely to be deterred by President-elect Donald Trump’s pledge to undo the Iran nuclear deal.
About 45.2 million passengers are expected to fly globally on U.S. airlines during the 21-day holiday period from Dec. 16 through Jan. 5, up 3.5% from the same period in 2015, according to the leading airline trade group.
There is a yawning chasm between what innovation promises for the economy and what it is delivering. Outside of personal technology, improvements in everyday life have been incremental, not revolutionary. A Wall Street Journal series explains why that is and looks at ways to reboot.