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U.S. markets news

Alibaba surges 38 percent on massive demand in market debut
NEW YORK (Reuters) - Alibaba Group Holding Ltd's (BABA.N) shares soared 38 percent in their first day of trading on Friday as investors jumped at the chance for a piece of what is likely to rank as the largest IPO in history, in a massive bet on China's ...
A Soaring Debut for Alibaba  New York Times
The red flags around Alibaba and one of the biggest stock debuts in history  Washington Post
Wall Street Journal   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.
China fines Glaxo $492 million in bribery case  Los Angeles Times
GSK closes a chapter with �300m fine but story likely to run on  Financial Times
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Court Dismisses Citibank Appeal in Argentina Case
Photo. The sign outside Citigroup Center in Manhattan.Credit Mario Tama/Getty Images. Citigroup's impassioned call to the United States Court of Appeals to reconsider a judgment by a Federal District Court judge in Manhattan has failed to gain support.
Citibank Loses Bid to Appeal Argentina Bond Payment Case  Businessweek
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Pabst Sale to Oasis Moves Iconic U.S. Brand to Russia
Pabst Brewing Co., the closely held 170-year-old American brewer, agreed to be acquired by the Russian company Oasis Beverages in a deal a person familiar with the matter pegged at $700 million to $750 million.
Pabst Blue Ribbon is Being Sold to the Russians, Was So Over Anyway  Slate Magazine (blog)
Pabst, Schlitz and Colt 45 to get Russian owner  MarketWatch
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Alibaba Soars but Other Techs Falter; New Dow High
Alibaba works its magic on the first day of going public, but the pizzazz is largely contained to its stock alone. The Dow crept up to another record closing high, but the S&P 500 and the Nasdaq were down for the day.
US stocks end little changed as Alibaba shares start trading  Chicago Tribune
Dow closes at another record high on a day dominated by Alibaba  Fortune
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FDA revises food safety rules
WASHINGTON - The Food and Drug Administration on Friday revised food safety rules proposed last year after farmers protested that the regulations could hurt business.
FDA, produce community continue FSMA collaboration  Supermarket News
FDA revises food safety rules due next year  FederalNewsRadio.com
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Fitch Revises Outlook on Zambia to Positive; Affirms at B'
(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Zambia - Rating Action Report here LONDON, September 19 (Fitch) Fitch Revises Outlook on Zambia to Positive; Affirms at B' Fitch Ratings-London-19 September ...
Fitch Affirms Raytheon's Ratings at 'A-/F2'; Outlook Stable  MarketWatch
Fitch Affirms Triple-A Rating for U.S.  Fox Business
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Grand Central Insider Scheme Yields Plea From Man Who Ate Tips
A New York man admitted he served as a go-between for five years by illegally passing inside corporate information to a Morgan Stanley broker on notes at Grand Central Terminal and then chewing and swallowing the evidence.
Brooklyn Insider Trading Middleman Pleads Guilty  Wall Street Journal
Man passed inside corporate info, then ate evidence: SEC  New York Post
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Jobless rates up in 24 states; hiring up in 35
WASHINGTON (AP) - Unemployment rates rose in nearly half of U.S. states in August, even as employers in two-thirds of the states added jobs.
Colorado unemployment rate falls to 5.1%, specter of inflation rises  The Denver Post
Hawaii's August Unemployment Rate Drops  kikiradio.com
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Most banks waiting to re-issue cards in wake of Home Depot data breach
Most Wisconsin banks are awaiting more information about the Home Depot credit breach before mass re-issuing of credit cards. Most banks will generate a new card for customers who ask.
America should not shrug at its cyber vulnerability  Washington Post
Local woman's debit card information stolen in Home Depot breach  WPDE
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