NEW YORK (Reuters) - U.S. stocks were little changed mid-session on Friday after Alibaba's strong debut was offset by falling technology shares as Oracle and Yahoo stumbled.
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.
Los Angeles County's unemployment rate remained at 8.1% in August, according to figures released Friday. The number of Angelenos available for work rose by 5,000 people, according to the California Employment Development Department.
Russia's top executives offered support for Vladimir Evtushenkov, the billionaire businessman placed under house arrest this week, as reports of his release were met with denials from law enforcement.
GlaxoSmithKline did its best on Friday to portray the �300m fine levied against it by a Chinese court as the end of a bribery scandal that has cast a dark cloud over the company for more than a year.