Alibaba IPO Ranks As World's Biggest After Additional Shares Sold

Alibaba's initial public offering now ranks as the world's biggest at $25 billion, netting underwriters of the sale a more than $300 million windfall

Traders work on the floor as they wait for a final price on the Alibaba Group Holding Ltd. initial public offering (IPO) under the ticker ''BABA'', at the New York Stock Exchange in New York September 19, 2014.

Obama Tries Reagan Touch On Economy, But Wages Weigh

President Barack Obama, stumping for the Democrats ahead of November's congressional elections, has twice invoked Ronald Reagan's seminal campaign question: "are you better off than you were four years ago?"

U.S. President Barack Obama addresses the Democratic National Committee's Women's Leadership Forum annual Issues Conference in Washington, September 19, 2014.

Dollar's Rally Bad News For Oil, Multinationals

The asset with the greatest prowess of late has been the U.S. dollar, and if its rally continues, it threatens to eat into the earnings of multinational companies.

One hundred dollar notes are seen in this photo illustration at a bank in Seoul January 9, 2013.



Jobs & Career News

Israel Approves Intel's $6 Bln Investment In Chip Plant

Intel VP Gregory Bryant

Israel's finance and economy ministries on Monday approved a plan by Intel Corp to invest $6 billion in the upgrade of its chip manufacturing plant, in what would be the largest single investment by a foreign company in the country.

U.S. Jobless Claims Fall, Continuing Claims Lowest Since 2007

A ''Now Hiring'' sign hangs on the door to the Urban Outfitters store at Quincy Market in Boston, Massachusetts September 5, 2014.

The number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting that a sharp slowdown in job growth last month was probably an aberration.

Polish Ruling Party Chieftain Says Finance Minister May Be Changed

Mateusz Szczurek

Polish Finance Minister Mateusz Szczurek may lose his job in a Cabinet reshuffle expected in the next few days, a senior member of the ruling Civic Platform party said on Thursday.

Silver Linings In A Lousy Jobs Report

Jobless claims up, trend favors strong labor market

The headline number in August payroll data and the report's details suggest the jobs market may have hit a snag but economists say not so fast.

Apple, Google Appeal Rejection Of $325 Million Hiring Settlement

The Apple logo is pictured at a retail store in the Marina neighborhood in San Francisco, California April 23, 2014.

Four technology companies including Apple and Google blasted a U.S. judge for rejecting a proposed $324.5 million settlement over hiring practices in Silicon Valley and asked an appeals court to intervene, according to a court filing.

A 2011 all-new production Jeep Grand Cherokee sits inside the atrium of the new body shop at the Jefferson North Assembly Plant in Detroit, Michigan May 21, 2010.

Chrysler Recalls 230,760 SUVs Globally For Fuel Pump Issue

Chrysler Group is recalling an estimated 230,760 sport utility vehicles globally to install a new part to prevent a fuel pump issue that could cause the vehicles to stall or not start.

A Google search page is reflected in sunglasses in this photo illustration taken in Brussels May 30, 2014.

Google Selects HTC For Upcoming Nexus Tablet

Google Inc has selected HTC Corp to make its upcoming 9-inch Nexus tablet, the Wall Street Journal reported, citing people familiar with the matter.

An advertisement for the e-cigarette brand blu is seen on the window of a store in New York May 27, 2014.

Study of Smoking Cancer Patients Fuels E-cigarette Debate

The fierce debate over whether e-cigarettes can help people quit smoking took another twist on Monday as a research paper on their use by cancer patients was criticized as flawed.

An illustration photo shows the logo of Netflix the American provider of on-demand Internet streaming media in Paris September 15, 2014.

Netflix Says In Talks With Potential Partners In Belgium

U.S. video streaming service Netflix said on Friday it was in talks with cable and telecoms groups to distribute its content in Belgium as it launched its on-demand service in the country.

The International Monetary Fund (IMF) logo is seen at the IMF headquarters building during the 2013 Spring Meeting of the International Monetary Fund and World Bank in Washington, April 18, 2013.

IMF Warns Of Risks From 'Excessive' Financial Market Bets

The global economy faces a growing risk from big financial market bets that could quickly unravel if investors get spooked by geopolitical tensions or a shift in U.S. interest rate policy, the International Monetary Fund said on Wednesday.

The sun rises to the east of the U.S. Federal Reserve building in Washington, July 31, 2013.

Fed May Hint On Rate-Hike Plan As It Prepares For Policy Turn

The U.S. Federal Reserve on Wednesday could offer fresh clues on when it plans to begin lifting interest rates and how quickly it will move, as it prepares for a momentous policy turn after years of aggressive monetary stimulus.

Shoppers carry their purchases along Broadway in New York City, May 11, 2008.

U.S. Consumer Prices Post First Decline In 16 Months

U.S. consumer prices fell for the first time in nearly 1-1/2 years in August and underlying inflation pressures were muted, potentially reducing the urgency for the Federal Reserve to raise interest rates.

NASA astronaut Randy Bresnik prepares to enter Boeing's CST-100 spacecraft for a fit check evaluation at the company's Houston Product Support Center in this undated image. NASA will partner with Boeing and SpaceX to build commercially owned and operated

Boeing, SpaceX Win Contracts To Build 'Space Taxis' For NASA

NASA will partner with Boeing and SpaceX to build commercially owned and operated "space taxis" to fly astronauts to the International Space Station, ending U.S. dependence on Russia for rides, officials said on Tuesday.

A Tesla S electric car and a charging station are displayed during the press preview day of the North American International Auto Show in Detroit, Michigan in this January 14, 2014 file photo.

Tesla Prevails In Top Massachusetts Court Over Direct Sales

Massachusetts' highest court on Monday threw out a lawsuit seeking to block Tesla Motors Inc (TSLA.O) from selling its luxury electric cars directly to consumers in the state, enabling it to bypass traditional dealerships.

General Motors CEO Mary Barra is sworn in to testify before a House Energy and Commerce Oversight and Investigations Subcommittee hearing on the GM ignition switch recall on Capitol Hill in Washington June 18, 2014.

U.S. Auto Regulators Played Key Role In GM Recalls, Report Says

Federal auto safety regulators played a significant role in General Motors Co's (GM.N) failure to promptly report and recall cars with defective parts that led to at least 19 deaths, a congressional report said on Tuesday.

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