Many shale-rich countries face a dilemma, says a new report. It might mean a choice between fracking for energy or having enough water to drink.» Read More
NEW YORK, Sept 19- Stock markets around the world closed flat on Friday as early gains failed to hold through the session, though the upward trend in equities continued and Alibaba soared in its historic U.S. trading debut. Alibaba Group, one of the biggest IPOs ever, ended up 38 percent at $93.89 on massive volume.
NEW YORK— U.S. stock indexes are ending mixed on a day when the Chinese e-commerce giant Alibaba made its big debut in the market. Alibaba soared 38 percent on its first day of trading. The Chinese e-commerce giant rose $25.89 to close at $93.89.
NEW YORK, Sept 19- 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. We are now seeing a new uptrend develop, "said Adam Sarhan, founder and CEO of Sarhan Capital in New York.
SACRAMENTO, Calif.— The state Department of Food and Agriculture has approved standards for grading and labeling California- produced olive oil that will require makers to state specifically whether they have adulterated any of their product.
NEW YORK, Sept 19- U.S. Treasury debt prices rose on Friday as traders took advantage of a recent rise in yields to do some bargain hunting following a week dominated by Federal Reserve policymakers and a failed referendum that could have broken up Britain.
Sept 19- Online home-furnishings retailer Wayfair Inc's initial public offering is expected to be priced at $25- $28 per share, valuing the company at $2.32 billion at the top end of the range. It counts funds affiliated with Great Hill Partners, Battery Ventures and HarbourVest Partners among its stockholders.
*Scotland to stay in UK but pound falls on profit-taking. NEW YORK, Sept 19- The dollar gained against a basket of major currencies on Friday, posting its 10th consecutive week of gains, as investors bet U.S. interest rates would rise more quickly than had been expected.
CHICAGO, Sept 19- U.S. wheat futures fell 2.9 percent to their lowest in more than four years on Friday, matching a similar low in Paris wheat futures, as a global supply glut overwhelmed demand and pressured prices.
SAN FRANCISCO, Sept 19- Holly Riggle, a 29- year-old white-collar worker from Ohio, is just the kind of everyday customer Apple Inc would love to have for its new iPhone 6, which launches Friday. But Riggle is sticking to her Android smartphone, calling Apple less "original" than it was under former Chief Executive Officer Steve Jobs.
AUGUSTA, Maine— A federal judge has ruled that a whistle-blower lawsuit against the state of Maine can move forward. The Portland Press Herald reports that a U.S. District Court judge ruled Friday that Sharon Leahy-Lind and Katie Woodbury can proceed with their lawsuit against the Maine Center for Disease Control.
A deal Detroit reached last week with Oakland, Wayne and Macomb counties creates a regional water and sewer authority, but allows Detroit to maintain control of its local system.
TRENTON, N.J.— A man authorities say was the go-between in a five-year insider trading scheme has pleaded guilty. Frank Tamayo of Brooklyn, New York pleaded guilty in Trenton to one count each of securities fraud, tender offer fraud and conspiracy.
*Wage inflation is already emerging in Texas: Fisher. Sept 19- The United States could be on the verge of a worrisome surge in wages if unemployment continues its downward trend, based on research Dallas Federal Reserve Bank President Richard Fisher presented to his colleagues at the Fed's policy-setting meeting this week.
Al Jazeera America is suing former Vice President Al Gore and Joel Hyatt, the former owners of the TV network that became Al Jazeera America in 2013.
TORONTO, Sept 19- Canadian precious metals miner Primero Mining Corp said on Friday an employee of one of its contractors was killed in an isolated underground accident at its flagship San Dimas mine in Mexico on Thursday night.
HELENA, Mont.— Several debates have been set between the major candidates for the U.S. House and U.S. Senate. Democratic House candidate John Lewis also introduced a plan this week he says will support women and families, while Democratic Senate candidate Amanda Curtis filed her personal financial statement.
NEW YORK, Sept 19- Frustrated by what he describes as a lack of political courage, a former president of the U.S. unit of Royal Dutch Shell takes center stage in a new documentary film that makes the case for using alternative fuels in cars.
*Alcatel, Ericsson helped group that made bid. MEXICO CITY/ PARIS, Sept 19- Mexico has received its first bid from a consortium to build a $10 billion state-owned mobile network, a linchpin of efforts to break the hold of Carlos Slim's America Movil on telecom services.
Aflac Inc. fell$. 46 or. 8 percent, to $58.23. American International Group fell $1.17 or 2.1 percent, to $55.16. MBIA fell$. 16 or 1.6 percent, to $9.66.
NEW YORK— A look at the 10 biggest percentage gainers on New York Stock Exchange at 1 p.m.:. Dresser-Rand Group rose 10.9 percent to $80.99. GasLog Ltd. rose 5.2 percent to $25.80.