U.S. Set Out to Hobble China’s Huawei, and So It Has

The big maker of telecom gear and phones is short of advanced chips, and it faces customers who heed U.S. sanctions or doubt the company’s technical reliability. It is diving into new ventures, aiming ‘to seek survival.’

Biden’s Soft Infrastructure Agenda May Not Boost Growth

The president has sold soft infrastructure such as in child care,...

How the Pandemic Has Changed the Way High-End Art Is Sold

Private sales at Sotheby’s and Christie’s took off, as live-auction revenues...

Facebook to Hire 10,000 Workers in EU to Build Up ‘Metaverse’

Facebook is planning to create 10,000 jobs in the European Union...

China Third-Quarter Economic Growth Slows Sharply to 4.9%

China’s economy grew 4.9% in the third quarter from a year...