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U.S. markets news

World stocks hit one-month low, caution ahead of Fed
LONDON (Reuters) - Global shares hit a one-month low on Tuesday as investors refrained from placing strong bets before a Fed meeting that could adjust expectations about how soon the U.S.
U.S. Stock-Index Futures Slide Before Fed Policy Meeting  Bloomberg
Grand Central: The Case for Fed Patience on Rates, Message  Wall Street Journal (blog)
The Globe and Mail   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.
I Used Alibaba to Make 280 Pairs of Brightly Colored Pants  Businessweek
To US consumers, Alibaba is a non-entity  Independent Online
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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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Calpers Pulls All $4 Billion in Hedge Funds, Citing Costs
The California Public Employees' Retirement System plans to divest the entire $4 billion that it invested with hedge funds, saying they're too expensive and complex.
CalPERS Kicks Hedge Funds To The Curb  FINalternatives
US pensions giant turns its back on 'costly and complex' hedge funds  Evening Standard
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Amtrak's Acela, Northeast Service Suspended Temporarily
Amtrak's Acela express service and Northeast regional route is temporarily suspended between Washington and Philadelphia due to a catenary pole and downed wires along the track.
Downed wires disrupt Northeast Corridor Amtrak service
Update: MARC and Amtrak trains suspended  Washington Post (blog)
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United Continental Holdings Inc (UAL) to Offer $100000 to Flight Attendants ...
In order to cover up for quarterly loss and control the operating cost of the airlines, United Continental Holdings Inc (NYSE:UAL) is offering an Enhanced Early Out Program to its flight attendants while paying up to $100,000 in severance money.
United Offers $100000 Buyouts to Flight Attendants  Bloomberg
United to Offer $100000 Buyouts to Attendants as Furloughs End  Businessweek
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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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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.
State relies on sales tax for 45% of budget  Seattle Daily Journal of Commerce (subscription)
Report: NC among states most tied to income tax
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German ZEW, OECD outlook tip Bund yields back below 1 pct
... * German ZEW investor morale hits lowest since Dec. 2012. * OECD urges more aggressive action from the ECB. * Yields on top-rated bonds also fall.
Scottish independence vote knocks German confidence
German economic outlook downbeat: ZEW survey  MarketWatch
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Foreign investment into China slumps
Foreign direct investment to China has fallen at the sharpest rate since the height of the financial crisis, as Beijing targets a widening array of global companies in the country for alleged price-fixing and monopolistic behaviour.
1st Ld: China FDI inflows continue to drop in Aug.  GlobalPost
Chinese FDI hits four year low  Market Business News
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