US Senator Elizabeth Warren has proposed a bill — the Accountable Capitalism Act — that would require large companies to create corporate charters that take account of the interests of workers, customers and communities in addition to shareholders. To enforce this dictum, it would give each company’s employees the power to elect 40 percent of the corporate directors. Right now, ...

When there’s no trick left to defend a spectacularly failed experiment, blame Raghuram Rajan. If India’s top policy think tank is to be believed, the reason economic growth faltered last year, reaching 5.6% in the June quarter after 7.6% nine months earlier, had nothing to do with the November 2016 ban on 86% of the country’s cash. The decline had ...

Meituan Dianping wants to be everything to everyone: It even describes its mission as “helping people eat better, live better” in its preliminary IPO prospectus. With these broad ambitions, the Chinese food-delivery giant is sounding out investors for a valuation of $45 billion to $55 billion. Its plans to raise up to $4.5 billion in a Hong Kong IPO would ...