government aid

NORTH CHARLESTON, S.C.—Nikki Haleyfrequently questions the use of public money to help corporations as she campaigns for the Republican presidential nomination, but her tone was significantly different when it came to interests in South…

HONG KONG—China’s car sales began to rebound in May as production gradually resumed in lockdown-hit Shanghai and government cash incentives stimulated purchases in the world’s biggest auto market.Passenger-car sales in May rose 30% to 1.35…

IRS processing delays and federal policy changes are creating headaches for businesses and nonprofits using a popular wage subsidy that was designed to keep workers on payrolls as the Covid-19 pandemic strained many employers.The wait for…

BRUSSELS—A European Union proposal to increase microchip production could unleash tens of billions of dollars in funding for research and new production facilities, part of the bloc’s economywide effort to boost its…

Since New York state’s ban on most evictions ended this month the pace of evictions has been slow, as tenant attorneys work to delay cases in court and the governor requested more federal aid for rental assistance.Tens of thousands of…

Chip companies just had their best sales year ever—charged by a global semiconductor shortage and growing demand—and industry executives expect that total to double in less than a decade, to more than $1 trillion.The industry’s collective…

The Dallas-based airline on Thursday posted a fourth-quarter profit of $68 million, up from a loss of $908 million a year earlier, fueled by strong demand for travel over the holidays. But Southwest said the Omicron variant will likely…

WASHINGTON—The World Trade Organization on Wednesday authorized China to impose retaliatory tariffs worth $645 million on imports from the U.S. in a decade-old dispute over Chinese subsidies to promote exports of products such as solar…

Airline executives answered lawmakers’ questions about the travel recovery in a wide-ranging hearing Wednesday called to evaluate the success of billions of dollars in government aid. Lawmakers have been scrutinizing airlines more closely…

Elon Musk joined The Wall Street Journal’s CEO Council Summit virtually on Monday for an interview with columnist Joanna Stern. Here is the transcript of that Dec. 6 exchange with the chief executive of…