Wall Street Journal
Commercial News
1/17/22
WSJ.com: US Business
Rolls-Royce, Bentley, BMW Sales Surge as Cheaper Brands Lag Behind
A boom in luxury-car sales and the shifting of scarce semiconductors to the most profitable vehicles helped many auto makers achieve robust profits last year, even as sales of mainstream vehicles lagged behind and supply-chain disruptions crippled car production. Unilever Sets Out Ambition to Expand in Health Products
The strategic update came days after Unilever said it had approached GlaxoSmithKline and Pfizer about buying their consumer-healthcare joint venture, GSK Consumer Healthcare. China Probes a Sam's Club Store Over Food-Safety Issues
The local regulator?s investigation into a Walmart-owned store comes as China steps up scrutiny into U.S. retailer. Elon Musk's Tesla Asked Law Firm to Fire Associate Hired From SEC
Long dismissive of regulators, the Tesla boss has recently aimed his ire at individuals with ties to regulatory agencies with which he has sparred. Meet the Investor Who Spots Opportunities for Jeffrey Katzenberg
Anthony Saleh oversees a growing venture-capital fund at the former Hollywood chief?s WndrCo, after its Quibi video app collapsed. He also works with the rapper Nas. China GDP Grew 8.1% in 2021, but Momentum Slowed in Quarter
Underscoring concerns about China?s growth outlook, the central bank slashed two sets of interest rates, which will fuel expectations for an additional cut to benchmark lending rates. Omicron, Inflation Drive Down U.S. Growth Outlook
The combination of higher inflation, supply-chain constraints and the fast-spreading Omicron variant has caused economists surveyed by The Wall Street Journal to trim their forecast for growth to 3.3% for the year. |
