Bloomberg JinkoSolar Holding Co, the world’s biggest solar panel maker, started operations at the first phase of a massive 11 billion yuan ($1.6 billion) factory in China’s eastern Zhejiang province that will eventually double its manufacturing capacity. When finished, the entire plant is designed to produce 16 gigawatts of panels a year in Yiwu city, a division of the local ...

From the University of Chicago’s Becker Friedman Institute (BFI) — named for Milton Friedman and Gary Becker, two of the university’s 30 Nobel laureates in economics — comes this warning: Recovery from the pandemic’s economic damage will be protracted and perhaps made more so by some of Congress’ intendedly ameliorative measures. In their report “Covid-19 Is Also a Reallocation Shock,” ...

Covid-19 became a pandemic because airplane passengers carried the new coronavirus with them around the world. As that became clear, airlines grounded nearly all of their fleets, governments issued travel restrictions and mandatory quarantines, and tourist attractions and conferences closed down. With no reason to fly, a quick recovery for air travel seemed unlikely. Warren Buffett dumped his airline stocks, ...