Today: Alibaba scores with the biggest IPO of all time, Apple looks to make billions in iPhone 6 sales and Larry Ellison loses $5 billion that he'll likely soon recoup.
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.
A U.S. appeals court on Friday dismissed an appeal by Citigroup Inc (C) and Argentina of a judge's order blocking the bank from processing payments on $8.4 billion in bonds issued under the country's local laws following its 2002 default.
Sept. 19--WASHINGTON -- Oracle 's brash and colourful founder Larry Ellison announced on Thursday that he was stepping down as CEO, a position he held since he launched the company in 1977.
WASHINGTON - The Food and Drug Administration on Friday revised food safety rules proposed last year after farmers protested that the regulations could hurt business.