|
Pete Hegseth’s purge at the Pentagon claimed another casualty this week. He has ousted some two dozen officers since taking office, clearing out rivals and the insufficiently loyal. We show how a former Fox News personality is remaking America’s armed forces in his image during wartime.
Hong Kong’s market for IPOs is lively. But the secondary market, where existing shares are traded, has fallen flat, our Buttonwood columnist writes. Hong Kong’s predicament serves as a warning sign for America, which is enjoying an IPO surge of its own. | 
