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  • Al Jazeera America sues former VP Gore Friday, 19 Sep 2014 | 1:17 PM ET

    NEW YORK— 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.. In August Gore and Hyatt sued the network, saying that it was improperly withholding tens of millions of dollars placed in escrow when Al Jazeera bought Current TV for $500 million.

  • NEW YORK, Sept 19- Alibaba Group Holding Ltd's shares surged in their first day of trading on Friday as investors jumped at the chance to get in on what looks likely to be the largest IPO in history and profit from China's growing middle class.

  • Sept 19- A U.S. federal judge in Texas ordered Bitcoin Savings and Trust and its owner to pay a combined $40.7 million after the Securities and Exchange Commission established that the company, which sold investments using the virtual currency, was a Ponzi scheme.

  • Picassos among pieces going on public view in Ohio Friday, 19 Sep 2014 | 12:46 PM ET

    COLUMBUS, Ohio— Works by Picasso and other 20th century masters that for years hung in the Ohio home of retail mogul Leslie Wexner are going on public display for the first time on Sunday.

  • Exxon to wind down Russian drilling project Friday, 19 Sep 2014 | 12:19 PM ET

    NEW YORK— Exxon Mobil said Friday that it will stop drilling an exploratory well in Russia's Kara Sea in compliance with U.S. sanctions against Russia over Russia's involvement in the Ukraine. The Kara Sea project is part of a broad collaboration between Exxon and the Kremlin-controlled Rosneft, Russia's largest oil company.

  • Stocks rise slightly at midday as Alibaba debuts Friday, 19 Sep 2014 | 12:11 PM ET

    NEW YORK— U.S. stocks are slightly higher at midday after Chinese e-commerce giant Alibaba made its big debut in the market. Alibaba surged as it began trading on the New York Stock Exchange just before noon. It traded at $98 minutes after its debut, a 44 percent rise from its initial public offering of $68 a share.

  • BUSINESS-NEWS-SCHEDULE AT 1600 GMT / 12:00 p.m. ET Friday, 19 Sep 2014 | 12:01 PM ET

    Alibaba expected to rise in trading debut on heavy interest. NEW YORK- Alibaba Group Holding Ltd's shares surge 41 percent to $96.02 on their first day of trading as many investors who received fewer shares than hoped lined up orders to buy what looks likely to be the largest IPO in history. Wall St rises as Scots stay in UK, Alibaba debuts.

  • NEW YORK— Alibaba shares rise 36 percent to open at $92.70 in public debut on New York Stock Exchange.

  • Pabst Brewing to be sold to Russian company Friday, 19 Sep 2014 | 11:44 AM ET

    TSG Consumer Partners will take a minority stake in Pabst. In addition to its namesake beer, Pabst Brewing Co. makes Colt 45, Old Milwaukee and Schlitz. Pabst was acquired in 2010 by C. Dean Metropoulos& Co., which is known for investing in food brands, including Twinkie maker Hostess.

  • NYC mayor: Income inequality not acceptable Friday, 19 Sep 2014 | 11:31 AM ET

    NEW YORK— Bill de Blasio, who was elected mayor on a promise to fight New York City's income inequality gap, said Thursday that new data indicating Manhattan is the most economically stratified place in the nation is further proof of the "crisis" that threatens his city.

  • NEW YORK, Sept 19- Stock markets around the world rose on Friday after Scotland voted to remain in the United Kingdom and removed an element of uncertainty for equity markets, which were on track for a week of strong gains. Investors were also eagerly awaiting the initial public offering of Alibaba Group, slated to debut on the New York Stock Exchange on Friday.

  • NEW YORK/ SAN FRANCISCO, Sept 19- Apple Inc's latest phone lured throngs of gadget lovers, entrepreneurs and early adapters to its stores in New York, San Francisco and other cities around the world in the latest sign of strong initial demand for the new, larger generation of iPhones.

  • NEW YORK, Sept 19- An Egyptian man said Friday he would plead guilty in New York to charges connected with the deadly 1998 bombings of U.S. embassies in Kenya and Tanzania. Adel Abdul Bary, 54, said in court he would plead guilty to conspiracy to make a threat to use an explosive device, making a threat to use an explosive device, and conspiracy to murder Americans.

  • NEW YORK, Sept 19- U.S. Treasury prices rose on Friday as long maturities with relatively fat yields put up the best gains at the end of a trading week dominated by Federal Reserve policymakers and a failed referendum that could have broken up Britain.

  • SEC may take enforcement action against ITT Friday, 19 Sep 2014 | 10:30 AM ET

    NEW YORK— The Securities and Exchange Commission may take enforcement action against for-profit education company ITT Educational Services Inc. over its student loans.

  • *Scotland to stay in UK, but pound down on profit-taking. NEW YORK, Sept 19- The dollar rose against a basket of major currencies on Friday, on track for its 10th consecutive week of gains, as investors bet U.S. interest rates would rise more quickly than expected.

  • NYC Council announces climate-change legislation Friday, 19 Sep 2014 | 10:23 AM ET

    NEW YORK— New York's City Council proposed a package of bills Friday to slash greenhouse gas emissions, shrink the carbon footprint of city operations and reduce the number of cars on the road. The legislation, which builds on environmental initiatives undertaken over the past decade, was announced ahead of next week's United Nations climate summit.

  • Apple faithful line up for latest, larger iPhones Friday, 19 Sep 2014 | 10:20 AM ET

    NEW YORK/ SAN FRANCISCO, Sept 19- Apple Inc's latest phone lured throngs of gadget lovers, entrepreneurs and early adapters to its stores in New York, San Francisco and other cities around the world in the latest sign of strong initial demand for the new, larger generation of iPhones.

  • Early Glance: Specialty Retail companies Friday, 19 Sep 2014 | 10:16 AM ET

    Autozone Inc. rose $1.09 or. 2 percent, to $533.40. Bed Bath& Beyond Inc. rose$. 11 or. 2 percent, to $64.10. Best Buy rose$. 10 or. 3 percent, to $35.06.

  • Early Glance: Drugstore companies Friday, 19 Sep 2014 | 10:16 AM ET

    NEW YORK— Shares of some top drugstore companies are mixed at 10 a.m.:. Rite Aid fell$. 24 or 4.4 percent, to $5.17. Walgreen rose$. 04 or. 1 percent, to $63.22.