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U.S. markets news

Pound and UK Stocks Rise on Scottish 'No' Vote
LONDON - As Scotland rejected independence, the pound gained strength and stocks in Britain opened higher on Friday, reflecting relief that the country would not face a tumultuous breakup and a prolonged period of uncertainty.
Asian shares up, Scottish vote seen lifting Europe  Reuters
Pound rises as early Scottish results favor union  The Seattle Times   Related articles »  
Alibaba's IPO Priced at $68 a Share
Alibaba's pricing at $68 a share is seen as conservative by some analysts. Shaun Rein of China Market Research speaks about what the pricing means for what could be the largest-ever IPO.
Alibaba Sentiment Adds $3.1 Billion for Top Technolog Tyc  Businessweek
Alibaba mega IPO caps founder Jack Ma success tale  SFGate
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Oracle's Management Shuffle Doesn't Change Its Hand
Larry Ellison, a college dropout who built Oracle Corp. into one of America's largest companies, is stepping down as chief executive, in one of the momentous corporate handovers in the history of Silicon Valley.
Larry Ellison's exit as Oracle CEO signals Silicon Valley shift  SFGate
Larry Ellison steps down as Oracle CEO, co-CEOs Safra Catz and Mark Hurd ...  Business Today
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State's jobless rate drops
New York state's private sector job count grew by 3,900 in August, according to preliminary figures released Thursday by the New York State Department of Labor.
NY reports 3900 jobs gain in August  Washington Times
Job count grows in Buffalo, New York state  Business First of Buffalo
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Bond markets 'join the dots' on Fed rates
Forecasting interest rates can be a humbling business. Just ask the ranks of Wall Street economists who predicted much higher bond yields at the start of this year.
Pound, stocks rise as Scotland votes to stay in UK  The Advocate
Dow, S&P 500 at records as Fed-driven rally continues  Sydney Morning Herald
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SAP to buy expense management software maker Concur for $7.3 billion
FRANKFURT: German business software maker SAP said it has agreed to acquire US-based expense management software maker Concur Technologies in an all-stock deal valued at $7.3 billion that expands its presence in internet-based software or ...
SAP to acquire Concur  The Australian
Concur sold to SAP for $8.3B  The Seattle Times
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Jobless rates continue rise in Tennessee, Georgia
Despite a decline in the U.S. unemployment rate, joblessness rose last month by three-tenths of a percentage point in Tennessee to 7.4 percent and jumped four-tenths of a percentage point in Georgia to 8.1 percent.
R.I. unemployment rate stays steady at 7.7% in August  The Providence Journal
Jobless claims decline to two-month low  HeraldNet
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RBI needs to raise policy rates to bring down inflation IMF
New Delhi: The Reserve Bank of India needs to further increase policy rates to bring down inflation on a sustained basis, the International Monetary Fund (IMF) said.
Forget cuts, IMF says RBI needs to further raise interest rates to bring ...  Firstpost
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HCL Tech hits record, to invest USD 9 mn in North Carolina
HCL Technologies, which has over 8,000 people working across 15 states in the US, employs close to 1,000 people at the Cary Centre in North Carolina.
HCL To Expand Global Delivery Center In Wake County  RTT News
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Stocks lift US household wealth
WASHINGTON - Strong stock market gains and higher home prices boosted Americans' net worth in the April-June quarter to a record high, a trend that could encourage more spending.
US household net worth rises to record $81.5 trillion  Reuters India
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