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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 Priced at $68 a Share  Wall Street Journal
Alibaba Prices Shares At $68 In Largest US IPO Ever  Forbes
BBC News   Related articles »  
Pound Trading Sees Scotland Vote Giving Way to Economy
It took only a few hours for currency traders' attention to shift from Scotland's referendum to prospects for the U.K. economy.
Relief for Europe as Scotland stays put  Reuters India
Premarket: European markets jump on news of 'No' vote  The Globe and Mail
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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 boss  Irish Independent
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China fines GlaxoSmithKline nearly $500 million for bribery
Drug giant GlaxoSmithKline has apologized to China for bribing health care workers and agreed to pay a fine of nearly half a billion U.S.
UPDATE 2-China hands drugmaker GSK record $489 mln fine, sentences ...  Reuters
GlaxoSmithKline fined $490m by China for bribery  BBC News
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State Adds Jobs in August
Albany, N.Y. - 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.
State's jobless rate drops  Lockport Union-Sun & Journal
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SAP chief 'very comfortable' with Concur deal
The chief executive of German business software maker SAP has fiercely defended the $129-per-share deal it has sealed to buy U.S.-based expense management software maker Concur Technologies, telling CNBC that "I absolutely feel very comfortable that ...
Concur Technologies to be acquired by SAP  iStreet Research
SAP to buy expense management software maker Concur for $7.3 billion  Times of India
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Brent inches closer to $98, set for first weekly rise in 3
Brent crude drew closer to $98 a barrel on Friday and is set for its first weekly gain in three on the possibility of lower OPEC output.
UPDATE 2-Oil drops towards $97 despite talk of lower OPEC output  Reuters Africa
AFKI Commodities Report: Crude Futures Rally On Possible OPEC production ...  AFKInsider
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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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Quotations in the News
"We have chosen unity over division. Today is a momentous day for Scotland and the United Kingdom as a whole." - Alistair Darling, head of the No campaign, after Scottish voters rejected independence, deciding to remain part of the U.K.
Referendum results: Alistair Darling hails 'momentous day for UK' as ...  Scotland Now
Scottish independence: Alistair Darling says 'unity chosen over division ...  BBC News
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Stocks creep higher on encouraging news
Share via e-mail. To. Add a message. Your e-mail. Print. Comments. Continue reading below. The stock market edged up to record levels a day after the Fed made clear that it's in no hurry to raise a key bank lending rate, easing a major concern for investors.
Today's Dow Jones Industrial Average DJIA, Nasdaq, S&P 500 stock ...  Learning and Finance
Dow, S&P hit records  iAfrica.com
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