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U.S. markets news

Rush to Invest in Alibaba, but Concerns Linger About Company's Future
Photo. Jack Ma, executive chairman of Alibaba. Mutual funds, hedge funds and pensions are rushing to back the company.Credit Edgar Su/Reuters.
Alibaba's IPO debut delayed on first day of trading  USA TODAY
U.S. Equity Futures Higher Ahead of Alibaba's Blockbuster IPO  Fox Business
Washington Post   Related articles »  
Siemens Prepares Bid for Energy Company Dresser-Rand
A Siemens offer of more than $6 billion, or more than $80 dollar per share, would be more attractive to the Houston-based company, the people familiar with the matter said.
Siemens mulls bid for Dresser Rand: reports  Reuters
Siemens Mulls Bid for Dresser Rand  Fox Business
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NY reports 3900 jobs gain in August
New York's labor department reports the state total of private sector jobs increased by 3,900 in August. State officials say the 0.1 percent gain raises New York's overall job count to a record of 7,605,000.
New York State's Economy Adds 3900 Private Sector Jobs in August ...  Insurance News Net
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China hands drugmaker GSK record $489 million fine for paying bribes
SHANGHAI/LONDON (Reuters) - China fined GlaxoSmithKline Plc (GSK.L) a record 3 billion yuan ($489 million) on Friday for paying bribes to doctors to use its drugs, underlining the risks of doing business there while also ending a damaging chapter for the ...
GlaxoSmithKline Found Guilty of Bribery in China  Wall Street Journal
GlaxoSmithKline fined nearly $500 million in China bribery case  Fortune
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FOREX-Sterling firms as early results go against Scottish independence
... * Sterling rises on signs of Unionist victory. * Strong U.S. jobless claims boosts U.S. yields and dollar. * Yen hits 6-year low vs dollar, sterling.
FOREX-Sterling advances as Scotland poll shows support for Union  Daily Mail
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Oracle's Power-Sharing Deal Carries Challenges
Oracle executives Safra Catz and Mark Hurd will share the duties of CEO. Getty Images. Power-sharing arrangements like the one at Oracle Corp.
Larry Ellison's exit as Oracle CEO signals Silicon Valley shift  SFGate
Larry Ellison Steps Down as Oracle's CEO: What Wall Street's Saying  TheStreet.com
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Lacker Says He Opposes Fed Plan to Hold Mortgage-Backed Assets
Federal Reserve Bank of Richmond President Jeffrey Lacker said he couldn't fully support the central bank's revised exit strategy released this week because he opposes a measure to hold mortgage-backed securities.
Let me explain: Fed's Lacker says dissent stems from MBS strategy  CNBC
Fed's Lacker says exit strategy dissent stemmed from MBS approach  Baltimore Sun
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Wheat Falls to New Four-Year Low on Demand Concerns
CHICAGO´┐ŻU.S. wheat dropped to a fresh four-year low in overnight trade Friday, weighed down by lackluster demand for U.S. supplies and robust world inventories of the grain.
South African Corn Falls a Third Day as Soybeans Drop With Wheat  Businessweek
GRAINS-US, EU wheat at 4-year lows on supply glut  Reuters
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Household Net Worth Has Rebounded Since Financial Crisis
THE net worth of American households is now 20 percent higher than it was before it began to decline in 2007, the Federal Reserve reported this week.
Yellen says poor Americans live in 'sobering' conditions  MarketWatch
Stock gains lift US household wealth to a record  Boston Globe
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Alec Baldwin, passionate about green energy, speaks out against fracking
Alec Baldwin attends the East Hampton Library Authors Night at Gardiner Farm on Saturday, Aug. 9, 2014 in East Hampton, New York. (Scott Roth | Invision | AP).
Alec Baldwin passionate about green energy  WTOP
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