Asia Markets: Nikkei’s surge leads Asian-market gains

Asia Markets: Nikkei’s surge leads Asian-market gains
Asian stock markets rose in early trading Wednesday, as Japanese stocks jumped further amid added gains for dollar-yen and bond yields and Chinese stocks shrugged off new tariffs. Japan‘s Nikkei NIK, +1.74%   was up 1.4%, returning to late-January levels after having already bounced 3.6% the prior three trading days, finishing Tuesday at 7½-year highs. Life insurers Dai-ichi Life 8750,... Read More

The Moneyist: My parents spent $1 million on my brother—now he wants to be executor of their estate

The Moneyist: My parents spent $1 million on my brother—now he wants to be executor of their estate
Dear Moneyist, My parents have always had a bad judgment when it came to my oldest brother. In addition to being the favorite, they paid nearly $1 million over several decades for schooling, trips, clothing, car, condo, wedding, etc. My other siblings and I received a tiny fraction of that. My brother is very wealthy now, and his lifestyle is... Read More

The Wall Street Journal: SEC commissioner calls for more oversight of stock exchanges

The Wall Street Journal: SEC commissioner calls for more oversight of stock exchanges
A top securities regulator is calling for his agency to beef up its oversight of the nation’s stock exchanges to root out conflicts and curb rising fees that he says are harming investors. In a policy speech to be delivered Wednesday, Robert J. Jackson Jr., a Democratic commissioner at the Securities and Exchange Commission, will allege that the SEC has... Read More

Students do better at public colleges than for-profit colleges (just don’t blame the students)

Students do better at public colleges than for-profit colleges (just don’t blame the students)
As for-profit colleges have come under fire over the past several years, the industry defended the low graduation and job placement rates and some of its schools by arguing that these colleges serve the riskiest students who might not otherwise have access to a degree. It’s true that for-profit colleges educate single parents, women, minority, low-income and other students with... Read More

The New York Post: Kavanaugh’s accuser calls for FBI investigation before her Senate testimony

The New York Post: Kavanaugh’s accuser calls for FBI investigation before her Senate testimony
The woman accusing Supreme Court nominee Brett Kavanaugh of sexual assault said Tuesday she wants the FBI to investigate her claims before the Senate holds hearings on the allegations, according to multiple reports. A lawyer for Christine Blasey Ford made the request in a letter to Sen. Chuck Grassley, R-Iowa, chairman of the Judiciary Committee, the New York Times said.... Read More

Pumpkin spice lattes and the whiff of sexism

Pumpkin spice lattes and the whiff of sexism
Are pumpkin spice lattes really mostly consumed by young women? Weirdly, that’s the internet myth. Maxwell Glick, an actor and YouTube GOOG, +0.45%  performer based in Los Angeles, defies it. He looks forward to pumpkin spice lattes every single year. “It’s like a celebration,” he said. When Glick heard men are sometimes stigmatized for drinking pumpkin spice lattes, he was... Read More

The Wall Street Journal: Diocese of Brooklyn settles sex-abuse case totalling $27.5 million

The Wall Street Journal: Diocese of Brooklyn settles sex-abuse case totalling $27.5 million
Four men who claimed they were abused by a church worker as children will receive a total of $27.5 million as part of a settlement with the Diocese of Brooklyn, in what the victims’ lawyers say is among the largest U.S. awards paid to individual victims of Roman Catholic Church-related abuse. The Diocese of Brooklyn and an after-school program will... Read More

Tilray stock rises 29% on plans to import cannabis to U.S. for clinical trial

Tilray stock rises 29% on plans to import cannabis to U.S. for clinical trial
The U.S. Drug Enforcement Administration has signed off on cannabis cultivator Tilray Inc.’s plan to import a marijuana product from Canada to test its effectiveness at treating a disorder that affects millions of Americans. The DEA’s signoff is the final regulatory hurdle Tilray TLRY, +28.95%  needed for a clinical trial of the medication’s effects on essential tremor, a neurological movement... Read More

The Wall Street Journal: Ferrari to launch larger car — but don’t call it an SUV

The Wall Street Journal: Ferrari to launch larger car — but don’t call it an SUV
MARANELLO, Italy — Ferrari NV plans to launch a series of special-edition models and a larger car to rival sport-utility vehicles as part of the Italian luxury-car maker’s drive to increase volume and double profit by 2022. The initiatives are part of a five-year plan unveiled Tuesday by new Chief Executive Louis Camillieri, who took the wheel of the storied... Read More