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U.S. markets news

World stocks hit one-month low, focus on Fed
LONDON (Reuters) - Global shares slipped to a one-month low on Tuesday as markets braced for a Federal Reserve meeting, when investors will be looking for clues on whether the U.S.
Stocks: 5 things to know before the open  CNNMoney
World stocks sag ahead of Fed meeting  Businessweek
Bloomberg   Related articles »  
So What Exactly Is Alibaba?
You all know the headlines: the biggest ever tech float. The biggest ever Chinese float. The biggest ever US IPO. In fact, after yesterday's increased price range, very likely the biggest IPO ever, with the potential to raise over US$25 billion.
Alibaba's Alipay Treasure is Hard to Tally  Wall Street Journal
Alibaba's IPO means a big cash hoard, big ambitions  Fortune
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CalPERS Kicks Hedge Funds To The Curb
The California Public Employees' Retirement System has decided to eliminate its hedge fund program, known internally as the Absolute Return Strategies (ARS) program, as part of an ongoing effort to reduce complexity and costs in its investment program.
Adam Smith Explains Why Calpers Is Pulling Out Of Hedge Funds  Forbes
Hedge-fund-free � the latest Californian fad?  Reuters Blogs (blog)
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California Pipeline Disaster Brings More Scandal for PG&E
A deadly pipeline explosion that shattered a California town four years ago continues to rip through the state agency weighing a record penalty for the disaster.
Shake-up at PUC, PG&E over emails related to San Bruno blast case  Los Angeles Times
PG&E Officials Removed for Improper Communications  ABC News
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United Offers $100000 Buyouts to Flight Attendants
United Airlines, the only major U.S. carrier to post a quarterly loss this year, is offering its flight attendants buyouts of as much as $100,000 as it seeks to rein in costs.
United to Offer $100000 Buyouts to Attendants as Furloughs End  Businessweek
United to offer up to $100000 lump sums to thin out flight attendant ranks  Chicago Tribune
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China foreign direct investment at four-year low
BEIJING--China's foreign direct investment fell in August to its lowest level in more than four years, in the latest sign that the world's second-largest economy is losing steam.
China FDI drops to four-year low  iAfrica.com
China's overseas investment soars as FDI drops again  The West Australian
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RPT-German investor morale falls to lowest in almost two years
(Repeats with no change to text). MANNHEIM, Germany, Sept 16 (Reuters) - German analyst and investor morale fell in September to its lowest level since December 2012, suggesting Europe's largest economy was hit by tensions between Russia and the ...
German Investor Confidence Falls to Weakest Since 2012  Bloomberg
Ukraine, Scotland dent German investor optimism  SFGate
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Massachusetts gaming panel wants to hear more from Mohegan Sun
Mohegan Sun and Wynn Resorts will get another chance to address the Massachusetts Gaming Commission this morning when the commission resumes deliberations that are expected to lead to the awarding of a casino license for the Greater Boston area.
Commission plays tough with Wynn traffic issue  Boston Herald
Boston-Area Casino Vote Imminent  NECN
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Report ties sales-tax reliance to rising income inequality
Washington is among the states that depend most heavily on sales taxes for revenue, and a new report links a decline in growth of such funds to the rising concentration of wealth for the richest U.S.
Report: NC among states most tied to income tax  Chron.com
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REFILE-UPDATE 2-Airbus to sell off business units in defence and space review
(Fixes formatting). * To sell units with about 2 bln euros annual revenues. * To focus on warplanes, missiles, launchers, satellites.
Airbus Seeks to Sell Some Defense and Space Operations  New York Times
Airbus to sell some defense businesses as it tightens focus  MarketWatch
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