What to Think About: WSJ Pro reported that following a February 2022 cyber attack, global logistics business Expeditors International of Washington Inc. shut down much of its network to prevent further damage. The three-week outage resulted in serious operational disruption and led to many customers’ goods not being shipped. One …
Read More »UK’s Ofcom Warns Royal Mail Covid-19 Is No Longer Excuse to Miss Targets
By Michael Susin The U.K.’s Office of Communications said Friday that it has warned Royal Mail it can’t continue to rely on the impact of Covid-19 to justify poor delivery performance. The regulator said an investigation between April 2021 and March 2022 concluded that the postal-services company failed to meet …
Read More »Madrid, the City That Wouldn’t Lock Down
Madrid Isabel Díaz Ayuso became something of a culinary sensation earlier this year. At least one restaurant named a pizza after the Spanish politician and leader of the Madrid regional government. Ms. Díaz Ayuso’s face also appeared on the label of an artisanal beer. Then there are Ayuso-style papas, which …
Read More »Stock Futures Edge Down Ahead of Powell’s Comments
U.S. stock futures edged lower Tuesday as investors awaited Federal Reserve Chairman Jerome Powell’s testimony in Congress on the health of the economy. Futures tied to the S&P 500 ticked down 0.1%. The benchmark stocks gauge on Monday fell for a fifth consecutive day, its longest losing streak since last …
Read More »WSJ Wealth Adviser Briefing: Stocks Get Vaccine Boost, Threats Facing Car Sales , New Year Travel Changes
Mercer Global Advisors, a large nationwide RIA that has grown via dozens of acquisitions, announced another deal: the purchase of Kays Financial Advisory, an Atlanta-based wealth management firm. Founded in 1985 by Scott Kays, the 17-person firm serves about 700 clients. A Form ADV filed in early December lists Kays’ …
Read More »Pound and U.K. stocks fall as Boris Johnson ramps up hard Brexit fears
The pound and U.K.-exposed stocks fell on Wednesday as renewed fears of a hard Brexit spooked investors. The FTSE 100 UKX, +0.21% made slight gains but the …
Read More »These Brexit Stocks Could Soar If Boris Johnson Wins U.K. Election
Text size Getty Images The U.K. election could give Boris Johnson the ammunition he needs to secure a Brexit deal, sending a basket of undervalued domestic stocks soaring. British politics remains unpredictable, as the last election and the 2016 European Union referendum demonstrate, but the opinion polls point towards a …
Read More »Here’s everything investors need to know ahead of Britain’s election next week
It may seem as if Britain has been mired in political turmoil almost forever, but the stalemate over Brexit and the U.K.’s future may come to an end next week when the public goes to the polls. Political uncertainty over the past three-and-a-half years has caused unprecedented volatility in the …
Read More »Labour to fight nationalisation battles in court
A shadow cabinet minister has warned that a Labour government’s drive to nationalise key industries could fail, if the party loses the first legal challenge to the controversial plans. Jon Trickett, shadow minister for the Cabinet Office, told an audience at a Labour conference fringe event last Tuesday that the …
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