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U.S. markets news

To US consumers, China's Alibaba is a non-entity
NEW YORK: The vast majority of Americans have never heard of Alibaba, the Chinese e-commerce company which is on the verge of potentially the world's largest initial public offering.
Alibaba raises IPO price as demand strengthens for 'biggest tech firm in ...  Irish Independent
Alibaba boosts IPO as demand strengthens  Business Standard
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CalPERS decides hedge funds are a sell
The California Public Employees' Retirement System, with $298 billion worth of investments in its portfolio, announced that over the next year it plans to sell about $4 billion worth of hedge fund investments as part of a continuing process of simplifying its ...
Hedge-fund-free � the latest Californian fad?  Reuters Blogs (blog)
UPDATE 1-Calpers scraps hedge fund strategy, to pull $4 bln from funds  Reuters
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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
3 PG&E executives fired for inappropriate emails with the Public ...  San Francisco Business Times
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European Stocks Fall to Two-Week Low Before Fed Meeting
European stock-index futures were little changed, after equities fell to a two-week low, as investors awaited the outcome of the latest Federal Reserve meeting.
U.S. stocks end lower; tech and small-caps lead losses  MarketWatch
Asia stocks lower on caution over Fed meeting  Chron.com
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Dollar eases in Asia before Fed policy meeting
image TOKYO: The dollar gave up some of its recent gains in Asia on Tuesday as investor caution set in ahead of a US central bank policy meeting.
Dollar trades near 107 yen ahead of Fed rate decision  Nikkei Asian Review
Asian shares edge higher as investors await Fed  NEWS.GNOM.ES
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United offering flight attendants early out payment
Guam - United Airlines is offering its flight attendants a lump sum payout of up to $100,000 as part of an enhanced early out program.
United to offer up to $100000 lump sums to thin out flight attendant ranks  Chicago Tribune
United offers flight attendants buyout packages of up to $100000 each  Los Angeles Times
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China Foreign Direct Investment at Four-Year Low
Workers rest in Shanghai--China's foreign direct investment fell in August to its lowest level in more than four years. Agence France-Presse/Getty Images.
July-August net foreign investment down 20 percent  Business Recorder
China's overseas investment soars as FDI drops again  Channel News Asia
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Boston-area casino bidders agree to substantial changes
Share via e-mail. To. Add a message. Your e-mail. Print. Comments. Shown are the proposals for Wynn in Everett and Mohegan in Revere.
Mohegan Sun, Wynn respond to casino regulators  Daily Item
Commission plays tough with Wynn traffic issue  Boston Herald
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Income inequality: States struggle to balance budgets as rich-poor gap widens
That finding adds a new layer to already-hot public debate about rich-poor gaps in America, and the degree to which income inequality is squeezing not only particular groups of Americans but the whole economy, too.
Report: NC among states most tied to income tax  Chron.com
Income tax collections driving Miss. revenue  Businessweek
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Airbus Defense Sharpens Focus After Job Cuts in Disposal Push
Airbus Group NV (AIR) will focus its defense activities on space launchers and satellites, military aircraft as well as missiles and dispose of a group of assets as part of a reorganisation that includes thousands of job cuts.
Airbus to sell some defense businesses as it tightens focus  MarketWatch
Airbus's Defence and Space Unit to Sell Some Businesses  Wall Street Journal
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