2019

Bank of England to mull access for likes of Facebook’s Libra

The Bank of England is open to letting new payment services such as Facebook’s upcoming Libra hold funds overnight with the central bank, something historically limited to commercial banks. In prepared remarks to bankers in London, the bank’s governor, Mark Carney, said it “makes sense to consider” extending access to new payment providers, as they […]

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Taiwan’s iPhone Tycoon Walks a Fraught U.S.-China Line in Presidential Run

TAIPEI, Taiwan — Like other presidential hopefuls in Taiwan, Terry Gou has spent the past few weeks working on his public image by carrying toddlers, wrapping dumplings and helping farmers. Unlike the other candidates, he is a billionaire, the chairman of Foxconn, a major Apple supplier that operates vast factories in China. He has also

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After Segregationists Remarks, Biden’s Support From Black Voters May Face Stress Test

Former Vice President Joseph R. Biden Jr.’s presidential campaign was forced into a defensive posture this week after he invoked his work with Southern segregationist senators to make a point about bygone comity in Congress. The backlash has posed an early and important stress test on Mr. Biden’s hold on a constituency that has helped

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Mitsubishi Motors shareholders approve ouster of Ghosn

Mitsubishi Motors Corp. shareholders approved on Friday the ouster of Carlos Ghosn, who was pivotal in the Japanese automaker’s three-way partnership with Nissan and Renault until he was arrested on financial misconduct charges last year. The vote took place in a 2-hour general meeting of shareholders at a Tokyo hotel, with approval shown in clapping

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The Latest: California vaccine bill moves ahead

The Latest on a California Assembly hearing on vaccination legislation (all times local): 4:45 p.m. A California Assembly committee has advanced a bill to tighten the state’s rules on vaccination exemptions. But there remains disagreement about the measure among Assembly Democrats. Some members of the Assembly Health Committee say the bill will help protect children

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