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Wall Street Journal
Commercial News

7/5/22

WSJ.com: US Business

Air Travelers Cope With Busy July Fourth Holiday Weekend
U.S. airports had their busiest day since the Covid-19 pandemic began, but overall disruptions were less severe than during recent holidays.

Coal Makes a Comeback as the World Thirsts for Energy
Tight supplies of commodities following Russia?s war in Ukraine lead countries back to the dirtiest fossil fuel, despite commitments to tackle climate change.

Little-Known Abortion Pill Maker Faces Scrutiny
The debate over medication abortions draws in the lone U.S. manufacturer of brand-name mifepristone.

China Auto Maker Geely Ventures Into Smartphones
A subsidiary of Zhejiang Geely Holding Group has acquired a 79% stake in lesser-known Chinese smartphone maker Meizu Technology, one of China?s earliest smartphone makers.

If the U.S. Is in a Recession, It's a Very Strange One
Economic output is down?but the job market is strong, unlike in previous recessions. It?s the latest twist in the odd trajectory of the pandemic economy.

Janet Yellen and China's Top Trade Negotiator Discuss Tariffs on Call
The Treasury Department described the conversation, which also covered the impact of Russia?s war against Ukraine on the global economy, as ?candid and substantive.?

Chip Boom Loses Steam on Slowing PC Sales, Crypto Rout
Intel and Nvidia are among the semiconductor makers warning of rockier times ahead after two years of surging demand across their product lineups, pointing to a chillier consumer climate.

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Charles Elfsten, President
Charles A. Elfsten
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