To The Moon

By Sean McLain | Photography and video by Kelsey McClellan for WSJ. Billions of dollars are flowing into humanoid robot startups, as investors bet that the industry will soon put humanlike machines in warehouses, factories and our living rooms.Many leaders of those companies would like to temper those expectations. For all the recent advances in the field, humanoid robots, they say, have been overhyped and face daunting technical challenges before they move from science experiments to a replacement for human workers.Agility currently has hundreds of its Digit robots working with customers, including Amazon.com and auto-parts company Schaeffler. They perform tasks including picking up items and moving them around a warehouse.Velagapudi is skeptical. Getting human-shaped robots into warehouses or industrial sites to move boxes is one thing, he said; building a robot butler is beyond the industry's current capabilities, with current robots too unreliable to perform complex tasks.But the g

EU countries back first countermeasures to U.S. tariffs from April 15BRUSSELS, April 9 - The European Commission said on Wednesday it had secured backing from EU countries and would press ahead with a first set of countermeasures from April 15 against U.S. President Donald Trump's tariffs on steel and aluminium.The European Union is set to impose extra duties mostly of 25% on a range of U.S. imports in response specifically to the U.S. metals tariffs. It is still assessing how to respond to the car and broader levies.

Value managers routinely venture into markets that others are fleeing, and right now that makes China a natural destination.Veteran bargain hunters admit China's economic growth prospects look uncertain, and that policy makers may continue to stumble. But they calculate that Beijing will keep trying to stabilize the economy -- enough to create a tactical opportunity in pockets of the market.Investors have fled China as the recovery following three years of strict Covid restrictions, erratic policy steps and crackdown on its property market along with national champions like Internet giant Alibaba Group Holding rattled confidence -- among households, businesses and investors.With the U.S. and China entering an even more tense relationship, many money managers have reined in their allocations to China and rolled out emerging markets ex-China funds for skittish clients.While Mallari-D'Auria sees some signs of stabilization in property prices from policy makers' gradual efforts in recent

We look at the latest divestment by a retail REIT and what’s in store from Apple at its highly-anticipated launch event.