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U.S. markets news

The red flags around Alibaba and one of the biggest stock debuts in history
The Alibaba Group, China's e-commerce powerhouse, made history Friday when it raised more than $21 billion in a record-breaking stock market debut.
Alibaba surges 38 pct on massive demand in market debut  Reuters
For Alibaba, a roaring trading debut as stock surges 38 percent  The Seattle Times
NDTV   Related articles »  
China Fines GlaxoSmithKline Nearly $500 Million in Bribery Case
The Glaxo case involved accusations of criminal bribery to persuade hospitals and doctors to administer or sell the company's pharmaceuticals to their patients.
GSK fined $489m for paying bribes in China  Gulf Daily News
GSK faces $489m fine in China  Times of India
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Court dismisses Citibank appeal in Argentine debt row
[NEW YORK] A US court on Friday dismissed an appeal by Citibank and Argentina to let the country make payments on debt tied up in a bitter legal battle with hedge funds.
US Court Declines Citigroup Appeal on Interest Payments on Argentina Bonds  Wall Street Journal
Citibank Loses Bid to Appeal Argentina Bond Payment Case  Businessweek
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Illinois drugmaker defies Democrats' anti-inversion effort
NEW YORK - Horizon Pharma Inc., a Deerfield, Illinois-based specialty drugmaker, shifted its corporate address to Ireland Friday, defying a threat by Democratic lawmakers to unwind such maneuvers retroactively.
Horizon Pharma plc Announces Board of Directors Following Closing of ...  MarketWatch
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Fitch upgrades Lagos to AA+; Outlook Stable
Fitch Ratings has upgraded Nigerian Lagos State's National Long-term rating to 'AA+(nga)' from 'AA(nga). The Outlook is Stable.
Fitch Revises Outlook on Zambia to Positive; Affirms at B'  Reuters
Fitch Affirms Raytheon's Ratings at 'A-/F2'; Outlook Stable  MarketWatch
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Pabst Is Sold to Russian Beverage Company
Photo. A patron drinks a Pabst Blue Ribbon at Floyd's bar in Brooklyn.Credit Robert Caplin for The New York Times. A Russian beverage company said on Thursday that it was acquiring the Pabst Brewing Company, which makes the Pabst Blue Ribbon beer ...
Do Svidaniya, Pabst! Russian Company Buys Iconic American Beer
Pabst Brewing to be sold to Russian company  SFGate
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Local unemployment drops
VICTORVILLE - Local unemployment rates dropped last month while California's jobless rate was unchanged for a third straight month, officials said Friday.
Unemployment rate drops in August  The Turlock Journal
California adds 44200 jobs in August  Los Angeles Times
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5 ways to protect yourself from data breaches
NEW YORK (AP) - Data breaches at retailers aren't going away but there are ways consumers can protect themselves from future heists of their payment card information.
Security experts told Home Depot of hacking risk  Houston Chronicle
Home Depot Addresses Customer About Data Breach  KARK
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Gauge of Economy Edged Up 0.2%. in August
The Conference Board said on Friday that its index of leading indicators rose 0.2 percent in August, the seventh consecutive increase.
Economy Slows Down in August After Large June, July Gains
Leading Economic Indicators in US Increased 0.2% in August  Businessweek
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Unemployment rises even as state adds jobs
DOVER - The state unemployment rate jumped up by three-tenths of a percentage point in August to 6.5 percent, according to the monthly labor report.
Area unemployment below four percent  Lexington Clipper Herald
Unemployment insurance benefit set to increase  Waterbury Republican American
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