What's News: Business & Finance -- WSJ
June 01 2020 - 3:02AM
Dow Jones News
This article is being republished as part of our daily
reproduction of WSJ.com articles that also appeared in the U.S.
print edition of The Wall Street Journal (June 1, 2020).
U.S. stocks have staged a furious rebound since late March,
helping to make them more expensive than they have been in almost
two decades, and leaving global markets behind.
A SpaceX capsule carrying two NASA astronauts linked up with the
International Space Station during the first such mission by a
commercial spacecraft.
The U.S. semiconductor industry will lobby government for
billions to keep the country ahead of China and other nations that
heavily subsidize their chip industries.
A national meat-supply crunch driven by the coronavirus pandemic
is beginning to ease, but suppliers and grocers expect the effects
to linger for months.
Vision, the management company behind two leading Lasik surgery
brands, filed for chapter 11 and launched a sale process.
Coty is set to appoint its fourth new CEO in less than four
years, as the cosmetics and fragrance maker strives to revive
slumping sales.
A lack of demographic data is making it harder to get virus
relief via a small-business-loan program to communities underserved
by traditional banks.
(END) Dow Jones Newswires
June 01, 2020 02:47 ET (06:47 GMT)
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