Treasury Secretary Steven Mnuchin called top executives of the six largest US banks over the weekend, he said on Twitter, following heavy stock market losses. “The CEOs confirmed that they have ample liquidity available for lending to consumer, business markets, and all other market operations,” the Treasury said in a statement. On Monday, Mnuchin will convene a call with the President’s Working Group on financial markets, which he chairs. It includes the Federal Reserve and Securities and Exchange Commission. — BLOOMBERG NEWS

RETAIL

JD.com averts crisis as CEO cleared in rape probe

JD.com avoided the biggest crisis in its history after prosecutors decided not to charge the billionaire founder and CEO of China’s number-two online retailer, Richard Liu, in connection with a rape investigation in Minneapolis, ending a monthslong probe. On Friday, JD stock gained 5.9 percent to $21.08 — still well below the roughly $30 level it was at before Liu’s arrest. Liu, who controls the $35 billion company’s voting rights, was arrested Aug. 31 and accused of raping a 21-year-old female Chinese undergraduate. The 45-year-old CEO was part of a University of Minnesota program for executives. He is regarded as the driving force behind one of China’s most successful Internet companies. “As we reviewed surveillance video, text messages, police body camera video and witness statements, it became clear that we could not meet our burden of proof and, therefore, we could not bring charges,” Hennepin County Attorney Mike Freeman said. In China, JD is the equivalent of a combined Amazon, Federal Express, and Visa. It plans to enter Europe, and, for the US market, Liu has said he wanted to partner with Google and Walmart. Liu has denied the accusations but apologized to his wife, Zhang Zetian, a social media celebrity dubbed Sister Milk Tea. — BLOOMBERG NEWS

INTERNATIONAL

Mexico to bar foreign money from rail, port projects

President Andres Manuel Lopez Obrador outlined a plan Sunday to modernize Mexico’s railways, refineries, and ports but said foreign investors wouldn’t be allowed to participate, “for strategic sovereignty reasons. Lopez Obrador said more than 8 billion pesos ($401 million) is dedicated in his budget proposal to the projects. He said the infrastructure improvements would take two years and that the projects must meet three requirements: be approved by the local community, protect the environment, and economically benefit local residents. — BLOOMBERG NEWS