Wall Street Journal

President Biden Ends Infrastructure Talks With Republicans, Falling Short of a Deal

President Joe Biden ended a weekslong effort to reach a deal with Senate Republicans on an expansive infrastructure plan, cutting off negotiations that had failed to persuade them to embrace his bid to pour $1 trillion into the nation’s aging public works system and safety-net programs. It was a major setback to Biden’s effort to attract Republican support for his top domestic priority, which had always faced long odds over the size, scope and financing of the package.

The US Is Back in the 5G Game

The US government has upended the $35 billion-a-year cellular-equipment industry, ushering in a new era of competition and giving US companies a shot at re-entering a sector they vacated years ago. Pushed by Washington’s campaign to cripple Huawei over cybersecurity concerns, countries representing more than 60% of the world’s cellular-equipment market are considering or have already enacted restrictions against Huawei. And to take advantage of that opening, the US government—as well as governments in the UK and European Union—are considering financial support and other measures to boost do