What’s News
Election 2016
Father of Slain Soldier Volleys Back at Donald Trump
The father of a Muslim U.S. Army captain killed in 2004 said he isn’t a proxy for Hillary Clinton’s campaign, but made it clear that he believes Donald Trump is an unacceptable choice for president. 538
Didi to Buy Uber’s China Operations
China’s homegrown ride-hailing champion, Didi Chuxing Technology, has reached a deal to acquire Uber’s China operations, marking an end to their bruising competition for passengers.
More Companies Are Choosing a Sale Over an IPO
The downtrodden IPO market just can’t compete with buyers who are willing to pay big to take potential listings off the board.
Mobile, Cloud Fuel Tech Profits
The latest batch of tech-industry earnings show how two trends—mobile and the cloud are delivering big profits for the companies that bet on them.
Startups Shake Up 401(k) Arena
A crop of startups have launched online 401(k) plans with the aim of bringing automated investment services to small businesses, many of which offer high-cost 401(k)s or no retirement savings plans at all.
European Prisons Fueling Spread of Islamic Radicalism
The rise of Islamic State has caught Europe’s prison systems flat-footed. To keep militants off the streets, authorities are throwing many of them in jail, but that is injecting battle-hardened radicals into overcrowded prisons. Convicted terrorists sit atop the social pecking order in many of these facilities, using jail time to plot new attacks or groom petty criminals for jihad. 86
Cheap Oil Squeezes South Asia’s Cash Lifeline
Chronically low crude prices are disrupting a critical financial lifeline across Asia and depriving economies of currency inflows they need to keep their currencies from depreciating too quickly.
Pact With Visa Puts PayPal on Defensive
The Visa-PayPal pact sparked a selloff in PayPal shares that has put the fast-growing company on the defensive and underscored that in the battle between Silicon Valley and entrenched financial firms, the newer players may eventually ally with firms they once hoped to compete against.
This Boring Service Is Suddenly a Big Concern for Treasurys
J.P. Morgan’s retreat from a crucial settlement role in the $13 trillion U.S. Treasury market poses a fresh challenge for regulators seeking to bolster the market’s capacity to withstand shocks.
Japan Nuclear-Power Jitters Weigh on Global Uranium Market
Rising antinuclear sentiment in the country that was once the world’s No. 3 nuclear-power generator is aiding a deepening slump in the global uranium market.
Ahead of the Tape
Business Spending Is Next in the Economic Spotlight
Weak business spending might threaten manufacturing’s recent recovery.
Telecoms Reconsider Fees as Fierce Price War Fades
Big U.S. wireless carriers have reported second-quarter results that suggest prices have stabilized, and some are even talking about possible increases.
Chinese Group Buys Israel-Based Online-Games Firm
A Chinese consortium led by Shanghai Giant Network Technology and including a private-equity arm set up by Alibaba founder Jack Ma has agreed to pay $4.4 billion for an Israeli games business.
China Doubles Down on Natural Gas
A global glut has slowed U.S. shale boom, but China’s state-owned energy companies are pushing ahead with billions of dollars in investment to extract natural gas from shale.
At Black Hat, ‘Internet of Things’ Put Through Its Paces
When computer hackers and security pros gather for twin conferences in Las Vegas, the focus will be on risks related to the growing assortment of connected devices called the “internet of things.”
U.S.
Investigators in Texas believe a hot air balloon caught fire while in flight before crashing into a pasture about 30 miles south of Austin, killing all 16 people on board. AP/Ralph Barrera/Austin American-Statesman
Hot-Air Balloon Hit Electrical Line Before Crash, Officials Say
A hot-air balloon hit at least one electrical transmission line before all 16 people on board died in a fiery crash in Central Texas on Saturday, according to federal investigators.
Arts
‘Harry Potter and the Cursed Child’ Premiere Draws International Fan Base
The play, which tells the next chapter in the saga of the famous wizard, had its official opening in London on Saturday.
Matt Damon’s ‘Bourne’ Sequel Spies Solid Start
“Jason Bourne” opened to an estimated $60 million in the U.S. and Canada this weekend, a solid start for the latest entry in the spy series from Universal Pictures.
The Andean Town at the Center of Peru’s Pollution Dilemma
The people of a bleak Andean town have seen jobs disappear as a smelter that once drove the local economy all but shut down. Peru’s new president wants it reopened—but residents know that doing so comes with a cost.
Taliban Claim Assault on Kabul Compound
The Taliban attacked a base used by civilian contractors on the outskirts of Kabul with a truck bomb and a number of gunmen early Monday, security personnel said.
Europe Is Losing Track of Child Refugees
European governments are losing track of significant numbers of children who have entered the continent without their parents as refugees from war-torn areas in the Middle East and beyond.
Formula One Chief’s Mother-in-Law Rescued After Kidnapping
The kidnapped mother-in-law of billionaire Formula One chief executive Bernie Ecclestone was found unharmed Sunday by São Paulo police, after she had been missing for more than a week.
Islamic State Strikes Iraq Oil Units
Islamic State claimed twin attacks on oil and gas facilities in northern Iraq that killed at least five local employees, the latest in northern Iraq by the extremist group.
Video
Skydiver Free Falls 25,000 Feet With No Parachute
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Boot-Camp Prisons Aim to Prepare Inmates for a Brighter Future
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Windows 10 Anniversary: Yes, You Should Upgrade
2:57Photos
Why the Blender Drink is Cool Again: A Guide
Frozen blender cocktails are getting the respect once reserved for their shaken and stirred counterparts. These recipes, all stone-cold stunners, plumb depths of the appeal.
Rumble Seat columnist Dan Neil joins Tanya Rivero to discuss whether the 2017 Porsche 718 Boxster will win over diehard Porsche fans. Photo: Porsche
The Watch Man
Dive Watches for Guys Who Rarely Get Wet
WSJ. Magazine
Meryl Streep: A League of Her Own
In her next film, Florence Foster Jenkins, directed by Stephen Frears, Meryl Streep gives full-throated life to an eccentric socialite and self-styled diva—and her uproarious off-key singing.