BHUBANESWAR, India—When Srikumar Misra moved back home to this eastern Indian city from London in 2010 to launch a milk company, it was about as far from Silicon Valley as an ambitious entrepreneur could get. Armed with social media, smartphone apps and big-data analytics, Mr. Misra’s dairy business is among hundreds of startup companies leveraging…
This is the web version of the WSJ’s daily economic newsletter. You can sign up for daily delivery here. In today’s issue, U.S.-China trade tensions rise, China’s economy outperforms expectations, America’s housing shortage extends beyond the coasts, Trump taps two for the Fed, employers turn to teens, U.S. consumers take a first-quarter breather, and the U.K. unemployment rate falls…
For decades, Hollywood has devoured production companies making tiny-budget movies. But one studio has kept from getting devoured by filling its movies with things getting eaten—as well as ripped apart, melted and otherwise destroyed. Founded in 1974, Troma Entertainment has had a hand in 400 movies, largely horror titles like “The Toxic Avenger” and “Tromeo…
Last winter, Goldman Sachs Group Inc. presented Silicon Valley investors with what seemed like a hot opportunity in Chicago. Advertising company Outcome Health was one of the city’s rising stars, run by a charismatic founder with close ties to local billionaire J.B. Pritzker. Revenue was soaring, profits were impressive, investors were promised a guaranteed return,…
McCall, Idaho, is no Sun Valley—and many folks hope it stays that way. While the resort town of about 3,000 has the requisite glacial lake and powdery ski slopes, McCall has retained the simple charm and small-town feel that’s less evident in Sun Valley and Ketchum, Idaho, to the southeast. Those two towns have been…
As the world waits to see where Amazon locates its second headquarters, one clue might lie in the rule of thumb of second-home buying: Pick a location that’s not too far from home. In the case of Amazon chief Jeff Bezos, that’s still a pretty wide field. Mr. Bezos has a number of homes across…
In 1981 an armed militia stole a 2,400-year-old statue of a bull’s head from a castle on the Mediterranean coast of Lebanon. Then it disappeared for more than a decade. According to U.S. prosecutors, that artifact has now reemerged in New York, where it’s at the center of a legal battle. Having crisscrossed borders and…
HOUSTON—Six Democrats are crowding into a House primary race here to challenge an incumbent Republican in next year’s midterm election. One identifies with the anti-Trump “resistance” movement. Another calls himself a “practical progressive.” Two already have more campaign cash than the incumbent, Rep. John Culberson. It’s exactly the kind of congressional seat Democrats will have…
The unlikely characters behind the most crucial basketball innovation since the 3-point line had no reason to believe they would play important roles in the making of the modern NBA. One was an esteemed physicist who always liked soccer more than basketball. One was a biomedical engineer who helped start a tech company days after…
Bündchen has changed the paradigm for supermodel success. Just don’t call this self-proclaimed “jeans-and-T-shirt girl” a “fashion person.”