Didi spurned Chinese regulators, who wanted to delay its U.S. IPO

  Weeks before Didi Global Inc. went public in the U.S., China’s cybersecurity watchdog suggested the Chinese ride-hailing giant delay its initial public offering and urged it to conduct a thorough self-examination of its network security, according to people with knowledge of the matter. But for Didi DIDI, -5.30%, waiting would be problematic.Read More →

  President Donald Trump plans to pardon or commute the sentences of around 100 people Tuesday, according to reports Sunday night. CNN first reported the plans, and said White House officials met Sunday night to finalize the list. Axios separately confirmed the report. The actions are expected to include white-collarRead More →

  With President-elect Joe Biden’s victory, tens of millions of Americans are feeling relieved, thankful, celebratory, or some combination of these emotions. But tens of millions of other Americans are anguished and despondent. It’s essential to recognize that elections are not football games. Opponents are not our enemies. For those who celebrate,Read More →

  Ray Dalio, the founder, chairman and co-chief investment officer of the world’s largest hedge fund firm, Bridgewater Associates, has had a rough 2020. Bridgewater’s flagship fund has been deeply negative, even as rival hedge funds managed to outperform the market, particularly during the initial turmoil from the coronavirus pandemic.Read More →

European stocks pushed higher on Friday and headed for a weekly gain after days of worries over rising coronavirus cases in parts of the world. Potential good news on the U.S.-China trade front was driving some momentum. The Stoxx Europe 600 index SXXP, +0.45% rose 0.6%, after closing down 0.7%Read More →