The bottom line

■ Delivery service DoorDash raised $3.4 billion in an IPO, with shares pricing at $102 and skyrocketing to close at $189. The IPO leaves DoorDash with a market value of $70 billion, and brings the total raised in U.S. IPOs this year to $160 billion.

Forbes.com

■ For the first time, water will be traded on the Chicago Mercantile Exchange. California water futures began trading under the ticker symbol NQH20 at $486.53 per acrefoot. California uses 9 percent of all U.S. water—four times as much any other state.

CNN.com

■ Consumer borrowing rose 2.1 percent in October to $4.16 trillion, pushed higher by a 4.8 percent jump in a category mostly made up of student and auto loans. Credit-card borrowing fell 6.7 percent, and outstanding balances on credit cards are still down nearly 11 percent since February.

FoxBusiness.com

■ A cargo ship en route to Long Beach, Calif., from China lost 1,816 20-foot containers in a violent storm last week. Sixty-four of the containers housed dangerous cargo, including 54 containers of fireworks.

FreightWaves.com

■ U.S. employers added 245,000 jobs in November. Though it was the seventh month of job increases, hiring slowed sharply from October, when 610,000 jobs were added.

The Wall Street Journal

■ More than 110,000 restaurants across the country—1 in 6 U.S. eateries—have closed permanently or long-term because of the pandemic. Nine out of 10 full-service restaurants have seen revenue drop, with an average decline of 36 percent.

Bloomberg.com