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Didi wants Wall Street, Beijing both on its side

Didi Global Inc is bringing its dominant ride-hailing position in China to the US stock market. While the Beijing-based company’s 80% share of the sector has made it attractive to Wall Street investors, that dominance has also brought on an investigation by China’s competition authorities. Didi seems to have decided to navigate between those two interests by driving through the ...

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Heat domes, a warning on climate costs

The unprecedented heat wave that recently gripped the Pacific Northwest demonstrates a crucial fact about climate change that most people don’t seem to appreciate yet: This will not be a smooth, predictable event. In addition to new costs that can be anticipated, climate change creates enormous risks that may result in a far higher price tag to the global economy, ...

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Apple’s iPhone security is at risk from Congress

Apple Inc is feeling the heat. Regulators and lawmakers are circling the technology giant, threatening to crack down on its business practices and, conceivably, challenge the fundamental nature of how its mobile platform works. The company, naturally, has mounted a spirited defense claiming its policies protect users’ privacy and security. It’s worth carefully considering their argument: If they’re right, the ...

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