SYDNEY — Australian Prime Minister Malcolm Turnbull has survived a leadership challenge after a rebellion within his own conservative ranks. It comes a day after he backed away from attempts to mandate emissions-reduction targets in a bid to save his leadership. Turnbull, 63, has struggled to pass key parts of his legislative agenda and maintain → Read More

Federal investigators have tentatively determined the ground-services worker who stole an empty Horizon Air turboprop earlier this month ended up crashing the airliner in a suicidal dive, according to people familiar with the probe. Horizon Air employee Richard Russell was at the controls when the twin-engine aircraft’s nose was pointed downward, these people said, smashing into → Read More

Several cryptocurrency exchanges have signed on to what appears to be the industry’s first self-regulatory organization, a step toward transparency in the notoriously opaque and volatile market. The Virtual Commodity Association, a group founded by Cameron and Tyler Winklevoss of Gemini Trust Co., announced its first members Monday: Bittrex Inc.; bitFlyer USA, Inc., a unit → Read More

President Donald Trump said Monday that an interview with special counsel Robert Mueller could be a “perjury trap” for him, and maintained that he has the power to intervene in the investigation. In a wide-ranging interview with Reuters that was published late Monday, Trump declined to say whether he’d agree to an interview with Mueller, → Read More

The Trump administration moved to overturn Obama-era environmental rules on power-plant emissions, a long-telegraphed action designed to help coal-burning plants compete with natural gas and other cleaner alternatives as a national energy source. Andrew Wheeler, President Donald Trump’s acting administrator of the Environmental Protection Agency, on Monday signed a proposal to scrap environmental restrictions on power → Read More

Greece ended an eight-year stretch of bailouts Monday, but it will be years before the economy fully recovers from a collapse that at one point left the country on the brink of exiting the euro. Moreover, economists fear that Greece is exiting its bailouts just as tailwinds from global — and eurozone — economic growth → Read More

Five top sellers of Woodbridge Group of Cos. securities were sued by the U.S. Securities and Exchange Commission on Monday, accused of making unlawful profits from an alleged Ponzi scheme. The SEC sued Barry M. Kornfeld, Ferne Kornfeld, Lynette M. Robbins, Andrew G. Costa, Albert D. Klager and their companies in federal court in Florida → Read More

WASHINGTON — The Trump administration is moving closer this week to levying tariffs on nearly half of Chinese imports despite broad opposition from U.S. business and the start of a fresh round of talks between the U.S. and China to settle the trade dispute. The twin administration initiatives — pursuing tariffs on $200 billion of → Read More

Hope you had a good weekend, MarketWatchers. Here are some of Monday’s top stories to kick off your week. Personal Finance How Disneyland used its ‘magic’ to persuade people to spend more money Disney has influenced everything from shopping malls to public transportation. Catholics skip the collection plate amid ‘moral catastrophe’ of sex abuse cover-up → Read More

Merrill Lynch will pay $8.9 million to settle charges it failed to disclose a conflict of interest, the Securities and Exchange Commission said Monday. The SEC said that Merrill, the brokerage arm of Bank of America Corp. BAC, +0.42%  , mishandled 1,500 investor accounts through its relationship with a third-party product provider. Investors had about → Read More