SAN FRANCISCO -- When its stock begins trading on the New York Stock Exchange on Friday, Alibaba will become one of the world's most valuable Internet companies, alongside Google and Facebook.
A roundup of trading on major world markets: NEW YORK - The Dow and S&P 500 have bolted to fresh records on continued momentum from Wednesday's Federal Reserve decision and enthusiasm ahead of Alibaba's expected initial public offering Friday.
NEW YORK (AP) - Wal-Mart Stores Inc. says it plans to hire 60,000 temporary holiday workers for the crucial holiday season, an increase of nearly 10 percent from last year.
Here's what the European Central Bank offered: as much money as you want, no strings attached for the first two years, interest rate 0.15 per cent.
WASHINGTON (AP) - Strong stock market gains and higher home prices boosted Americans' net worth in the April-June period to a record high, a trend that could encourage more spending.