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S.E.C. Commissioner Rebukes His ColleaguesLuis A. Aguilar issued a surprising dissent that sharply criticized an enforcement action against two senior executives of an information technology company and questioned the agency's aggressiveness.
To Compete Against Alibaba, Wanda Joins Forces With Baidu and TencentDalian Wanda, the Chinese conglomerate controlled by the billionaire Wang Jianlin, announced it would enter the e-commerce industry in an $800 million partnership with two of China's biggest Internet companies.
After Loss of Alibaba I.P.O., Hong Kong Weighs Changes to Its Listing RulesHong Kong Exchanges and Clearing, the stock market operator, is seeking public views about changing its "one share, one vote" principle, which doesn't allow for corporate structures like Alibaba's partnership committee.
Time Warner Ends Negotiations to Buy Stake in Vice MediaThe conversations collapsed after the two companies were unable to agree on a valuation of Vice, a fast-growing media business with a strong following among millennials, Jonathan Mahler reports in The New York Times.
The S.&P.'s Slow, Bumpy Climb to 2,000It took 16.6 years for the Standard & Poor's 500-stock index to double. While that seems awfully slow, it took 17.4 years to go from the first close over 100, in 1968, to the first one over 200, in 1985, Floyd Norris writes in the Off the Charts column in The New York Times.