Economic Scene: To Punish Putin, Economic Sanctions Are Unlikely to Do the Trick

July 25, 2017 Eduardo Porter ECONOMIC SCENE Kim Jong-un was still in college in 2006 when the United Nations Security Council, in a resolution drafted by the United States, imposed economic sanctions on his father’s regime to stop North Korea from becoming a...

Fourth-ranking GOP senator, who’s also a surgeon, explains Tuesday’s confusing health-care vote

After seven years of GOP promises to get rid of Obamacare — and seven months into Donald Trump’s presidency — Republican leaders in the Senate set a vote on Tuesday that could keep the process alive or sink it. The confusing rules, under which GOP...

‘This will not be the last acquisition,’ Michael Kors’ CEO says after Jimmy Choo deal

Michael Kors is likely to continue its shopping spree. Earlier Tuesday, the company said it would buy luxury, London-based shoemaker Jimmy Choo for $1.2 billion. “This will not be [Michael Kors’] last acquisition,” CEO John Idol told CNBC in a phone...