Cable, Internet Companies Stand to Gain From Broadband Funding in Infrastructure Bill
WASHINGTON—The $1 trillion infrastructure bill moving through the Senate this week stands to be a windfall for cable and fiber-optic...
regulation
Fed Chairman Powell’s Approach to Regulation Has Drawn Criticism From Some Democrats
President Biden’s looming decision about who should be the next Federal Reserve chairman is prompting reviews of the current chief’s...
Treasury Market Meltdown in 2020 Shows Need for Overhaul, Report Finds
A global dash for cash sparked by the coronavirus pandemic in March 2020 forced the Federal Reserve to buy hundreds...
China’s Tech Regulator Orders Companies to Fix Anticompetitive, Security Issues
China’s main technology-sector regulator ordered the country’s internet giants to fix certain anticompetitive practices and data security threats, building on...
Aon, Willis Towers Scrap $30 Billion Merger Amid Antitrust Impasse
Aon PLC and Willis Towers Watson PLC abandoned a more than $30 billion tie-up to create the world’s largest insurance...
Low-Income Lending Rules Set for Broad Overhaul
Top U.S. banking regulators on Tuesday said they would work jointly to modernize rules governing how banks lend hundreds of...
Ackman Drops SPAC Plan for Universal Deal
Hedge-fund billionaire William Ackman is dropping plans to use his SPAC to invest in Universal Music Group, saying the Securities...
Didi Faces a Cybersecurity Probe From Officials in China
Didi headquarters in Beijing earlier this year. Photo: Yan Cong/Bloomberg News Updated July 16, 2021 3:02 am ET SINGAPORE—China sent...
Cleveland Clinic, Mount Sinai and Providence Won’t Give Biogen’s New Alzheimer’s Drug
Three large hospitals are declining to administer Biogen Inc.’s BIIB -6.79% new Alzheimer’s treatment, Aduhelm, the latest rupture to emerge...
Delta Reports First Profit Since Covid-19 Pandemic Began
Delta Air Lines Inc. said U.S. vacation travel has fully recovered as the airline reported its first quarterly profit since...
EU to Put on Hold Digital Levy Following G-20 Minimum Tax Plans
BRUSSELS—The European Union is putting on hold a proposed digital levy, an EU spokesman said Monday, after finance chiefs from...
Biden Competition Order Targets Hospital Mergers, Surprise Medical Bills
The White House call for revised enforcement guidelines to promote hospital competition will likely amplify federal scrutiny of hospital mergers,...
Didi Tried Balancing Pressure From China and Investors. It Satisfied Neither.
In the final days before Didi Global Inc. went public late last month on the New York Stock Exchange, a...
China Orders Stores to Remove More Apps Operated by Didi
BEIJING—China ordered mobile app stores to remove 25 more apps operated by Didi Global Inc.’s China arm, saying the apps...
President Biden Signs Bill to Fund CFTC Whistleblower Program
President Biden has signed into law legislation that would temporarily set up a new account to pay for the operations...
Didi’s China Probe Adds to Business Challenges at Home and Abroad
SINGAPORE—China’s regulatory action against Didi Global Inc. threatens to impinge on the Chinese ride-hailing behemoth’s growth as it faces increasing...
Bitcoin Fraud Concerns Draw Scrutiny From Regulators
Regulators are signaling they want more control over an expanded cryptocurrency universe that has pushed further into Wall Street activities...
WSJ News Exclusive | Chinese Regulators Suggested Didi 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...
WSJ News Exclusive | Facebook, Twitter, Google Threaten to Quit Hong Kong Over Proposed Data Laws
HONG KONG— Facebook Inc., Twitter Inc. and Alphabet Inc.’s Google have privately warned the Hong Kong government that they could...
China Widens Data-Security Probe of U.S.-Listed Tech Companies
A unit of China’s cybersecurity regulator launched data-security reviews of apps operated by two U.S.-listed Chinese companies, days after announcing...
