President Barack Obama pushed through a more complete safety net and a more redistributive tax code, but his efforts to remake finance, technology, energy and labor markets are in doubt, writes Greg Ip.
General Motors Co. agreed to pay a $1 million penalty to settle charges from U.S. securities regulators that the Detroit auto giant failed to alert its accountants to a defective ignition switch in a timely manner.
Wilbur Ross, the billionaire investor tapped by President-elect Donald Trump to serve as his commerce secretary, on Wednesday took the incoming administration’s tough-on-China trade talk to Capitol Hill.
Crisis response at the National Institutes of Health has prompted lab closures and has triggered delays in treatment. Its chief, noted geneticist Francis Collins, who serves at the pleasure of the president, is in the hot seat.