Two days in: How are Mike’s Bikes doing in New York City?

New York City, home of the horn-leaning taxi driver and death-wish bicycle courier, has survived a second day on its version of London’s Boris Bikes. At the time of writing, there were no reported calamities involving the new swarm of 6,000 rental machines.

China signals tolerance of slower growth

China says it will seek a higher "quality and efficiency" of growth next year, signaling new leaders may accept a reduced pace of expansion in exchange for a more sustainable model.

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