Last year the property developer offered deep discounts to keep sales growing and the Chinese government effectively said it had borrowed too much, yet its auditor gave it a clean bill of health.1334 min read
The agreement will require Meng Wanzhou to admit to some wrongdoing in exchange for prosecutors deferring and later dropping wire and bank fraud charges.205 min read
China’s central bank said all cryptocurrency-related transactions are illegal, reinforcing the country’s tough stance against digital rivals to government issued money.2004 min read
The Republican-led review of the results didn’t change President Biden’s victory, according to the Arizona county where the audit was conducted.1315 min read
Experiments can get under way without facing the highest-level review of their benefits and risks, some taking place in countries that lack a rigorous oversight system. Biden administration officials are pushing for stronger global safeguards.15Long read
The proposal would boost taxes on corporations, but it doesn’t touch the main reasons why profitable companies sometimes don’t pay taxes, including credits for activities such as research and development.2115 min read
Latest Updates
Friday brings to a close the third week of witness testimony in the Theranos founder’s criminal-fraud trial.
Columnists
Business & Finance
The medically vulnerable and their loved ones weigh whether to return to the workplace and risk Covid-19.6 min read
The EU proposed a bloc-wide common charging standard for smartphones and other electronic devices, a move that, if adopted, would effectively bar the use of Apple’s unique “Lightning” charging port.2 min read
Heard on the Street
Space-tourism companies, flying-taxi startups and pizza-related cryptocurrencies are among the unlikely ventures to have recently reached public markets. Now it is the turn of electric guitars.185 min read
International advertising giant WPP is set to pay $19 million to settle a Securities and Exchange Commission probe into whether its rapid overseas expansion involved violations of the Foreign Corrupt Practices Act.1 min read
Hong Kong tycoon Richard Li’s FWD Group landed a $400 million investment as part of the Asian insurer’s plans for a multibillion-dollar U.S. listing.2 min read
World
During a speech at the U.N. General Assembly, the South Korean president suggested the adoption of a peace declaration that would replace the armistice that halted hostilities in the 1950-1953 Korean War.3 min read
A recent air transport maneuver in the South China Sea shows Beijing’s bases on disputed reefs can handle large aircraft, unsettling a neighbor.3 min read
Carles Puigdemont, whom Spanish authorities accuse of sedition for his role in organizing an illegal independence referendum, was arrested by police in Italy. He could face extradition to Spain.3 min read
U.S.
Commerce Secretary Gina Raimondo said in an interview with The Wall Street Journal that she would seek to improve U.S.-China business ties, saying business is of mutual benefit at a time of increasing tensions between the two nations.1195 min read
The display of unity of the Quad—U.S., Australia, India and Japan—has irked Beijing, which has dismissed the group as a “clique” harboring a Cold War mentality.184 min read
The president called actions of agents on horseback in Del Rio, Texas, “beyond an embarrassment,” adding “I promise you those people will pay.”2 min read
The bill, which would stop states from imposing restrictions before fetal viability, is unlikely to advance in the Senate.3 min read
Senator’s decision to seek an eighth term could boost Republican prospects of holding his seat and potentially gaining control of the chamber in 2022.2 min read
Life & Work
Lauren Hobart, the retailer’s first nonfamily CEO, talks about her “people first” approach.267 min read
Warmer conditions have prompted animals and plants to adopt new habits and evolve new traits: Squid are shrinking, lizards are growing bigger toes and trees are migrating7 min read
From allover pattern to framed botanicals, the décor ideas that designers who love ‘granny chic’ are bringing down from the attic76 min read
The multimedia artist’s new exhibition at Hauser & Wirth Los Angeles, ‘Everrrything,’ isn’t “about” anything. “Everything is on the table, everything is a mess, everything is at risk,” she says.8 min read
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