The New York Times - Your Wednesday Briefing

Wednesday, Nov 4, 2020 | View in browser

Good morning.

We’re covering an abrupt pause to Ant Group’s I.P.O., a historic election in the United States and tips for staying calm.

By Melina Delkic
Ant Group’s Alipay has transformed the way people in China interact with money.    Hector Retamal/Agence France-Presse — Getty Images

China halts Ant Group’s huge I.P.O.

The dual listing in Shanghai and Hong Kong — the biggest stock debut in history — was postponed one day after Chinese regulators summoned Jack Ma and other executives of the financial technology giant.
The Shanghai Stock Exchange slammed the brakes on Ant’s initial public offering and informed the company that the share sale, which was expected to raise $37 billion, might no longer meet the requirements for listing. On Monday, Chinese regulators had summoned company executives, including Mr. Ma, the co-founder of Alibaba and Ant’s controlling shareholder, for a meeting.
Neither the regulators nor Ant have said in detail what was discussed at the meeting. Shortly after the Shanghai exchange’s announcement late Tuesday, Ant said it was suspending the Hong Kong listing as well. The company apologized to investors “for any inconvenience.”
Context: The company’s Alipay payment app has more than 730 million users and also serves as a platform for small loans, insurance and investment products. But competing against China’s financial institutions always comes with risk. Ant’s future remains at the mercy of Chinese regulators.
Voters cast ballots in Las Vegas, Nev., a state that has voted Republican for many presidential elections but where the polls are now close.  Bridget Bennett for The New York Times

It’s decision day in the U.S.

Americans cast ballots on Tuesday in an election unlike any other, both for its turnout and circumstances. Voters will deliver their verdict in the contest between President Trump and former Vice President Joe Biden.
The increase in mail voting because of the pandemic is expected to push back the release of full results. It could take days in some places. Our polling reporter outlined what he would be paying attention to hour by hour.
Here’s how to follow the results and track the poll closings. (Alaska is the last to shut down.) Our photographers are capturing the scene at the polls.
Look back: Our photographers documented Mr. Biden’s year of campaign ups and downs and Mr. Trump’s tumultuous 2020, beginning with an impeachment followed by the pandemic.
India perspective: Our correspondent visited Thulasendrapuram, the village where Kamala Harris’s maternal grandfather was born. People prayed that she and Mr. Biden would win. “She is the daughter of the village’s soil,” one woman said.
A worker shows how to use a self-administered Covid-19 cheek swab test at a testing site in Chicago last week.   Taylor Glascock for The New York Times

U.S. barrels toward a virus record

The country is facing one of its most alarming periods in the pandemic. More than 93,000 cases were announced across the U.S. on Monday, the second-highest total of the pandemic.
More than 20 states have set weekly case records, and more than 40 states are seeing a pattern of growing infections. In many Midwestern hot spots, hospitals and health care systems are overwhelmed.
The surge came as the Trump administration’s coronavirus response coordinator, Dr. Deborah Birx, delivered a stark warning to White House officials that the pandemic was entering a new and “deadly phase” that demanded a more aggressive approach. In a private memo, she suggested that President Trump and his advisers focus more on controlling the virus and less on preventing lockdowns.
In other developments:

■ Hong Kong will require all travelers arriving from anywhere outside mainland China to quarantine for 14 days at a hotel starting Nov. 13, officials said.

■ Britain will try its first citywide testing in Liverpool, which has been hit hard by the virus.

If you have 5 minutes, this is worth it

China envisions a new Hong Kong

Keith Bradsher/The New York Times
Low taxes. Duty-free shopping. Sandy beaches. Beijing wants to turn Hainan Province, an island in the South China Sea, into a shopping and finance mecca and a destination for global companies.
If that sounds familiar, it’s because China already has a place like that: Hong Kong. Building Hainan as a low-tax, low-regulation haven will be a tough task, and Beijing is not about to give up control.
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Here’s what else is happening

Indonesia jobs bill: President Joko Widodo signed a bill that would eliminate labor and environmental protections. Presented as a stimulus package, the law gets rid of mandatory days off for workers and allows businesses to replace full-time employees with cheaper contract workers. Last month, hundreds of thousands of Indonesians took to the streets in protest.
Austria attack: A man who opened fire in central Vienna on Monday night, killing four people and wounding 22 others, wanted to travel to Syria to join the Islamic State, Austria’s interior minister said. The gunman was killed nine minutes after the attack began.
Hong Kong media: The police arrested Choy Yuk-ling, a prizewinning journalist whose work had exposed the authorities’ delayed response to a mob attack on antigovernment protesters last year. The arrest intensified concerns about a crackdown on press freedom in Hong Kong.
Getty Images/Getty Images
Snapshot: Above, flooding in Tela, Honduras, on Tuesday. Hurricane Eta, a Category 4 storm, lashed Nicaragua’s coast, knocking out power and causing flooding.
What we’re reading: This FiveThirtyEight guide to when to expect results from each state in the U.S. presidential election.
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Now, a break from the news

James Ransom
Cook: This election cake is part of a rich tradition in the U.S. that dates back to the 1700s. The recipe starts with a yeasted dough, studded with raisins and pecans, and spiced with cinnamon, cloves, nutmeg and mace.
Watch: How To With John Wilson” has no stars or any kind of traditional story, and its main character, John Wilson, stays offscreen. The HBO series is “poignant, hilarious and topical,” our comedy columnist writes.
Do: Food has become more of a focal point at weddings. Here’s how to serve your guests safely at your reception.
Time at home is time to read, cook, watch and do fun activities. Our At Home section has ideas to keep you engaged.

And now for the Back Story on …

The importance of calming down

Luke Wohlgemuth
Can’t concentrate? Losing sleep? Binge-eating your feelings? Whether it’s because of lockdowns or elections, people around the world are on edge. Here are a few tips from our Well editor on letting go of anxiety and gaining perspective. Hopefully, they will help you calm down a little bit.
Interrupt yourself. As you feel your anxiety level rising, try to practice “self interruption.” Go for a walk. Call a friend. Run an errand. “I think people really need to move away from wherever it is they are and break the momentum,” said one meditation teacher.
Move for three minutes. It takes just a short burst of exercise — three minutes to be exact — to improve your mood, said Kelly McGonigal, a health psychologist and lecturer at Stanford University whose latest book is “The Joy of Movement.” Do jumping jacks. Stand and box. Do wall push-ups. Dance.
Tackle a home project. Get rid of clutter, make a scrapbook, get a new comforter, hang artwork.
Unleash the aromatics. Take a lavender foot bath, burn a scented candle or spritz the air with orange aromatherapy. A study of 141 pregnant women found that rubbing or soaking feet with lavender cream significantly reduced anxiety, stress and depression. Lavender baths lower cortisol levels in infants.

That’s it for this briefing. See you next time.

— Melina

Thank you
Carole Landry helped write this briefing. Theodore Kim and Jahaan Singh provided the break from the news. You can reach the team at briefing@nytimes.com.
P.S.
• We’re listening to “The Daily.” Today is our live Election Day broadcast — tune in at 4 p.m. Eastern, or 8 a.m. Sydney time.
• Here’s our Mini Crossword, and a clue: Election Day enclosure (five letters). You can find all our puzzles here.
• The photo editor Sandra Stevenson, who works on this newsletter sometimes, spoke about her role as a photographer on PBS Voices.
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Your Tuesday Briefing

Monday, November 2, 2020

China's power in a WHO investigation. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Your Monday Briefing

Sunday, November 1, 2020

Assessing Goni, the 18th typhoon to hit the Philippines this year. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Louder: Music’s Dirty Secret (Clean Songs Are Good Business)

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Your Friday Briefing

Thursday, October 29, 2020

Xi sets the tone for the next five years. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

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