Topics

Alibaba IPO prices at top of range, raising $21.8 billion

Sep 19, 2014

Alibaba IPO prices at top of range, raising $21.8 billion

Alibaba Group Holding priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion on Thursday, in the latest sign of strong investor appetite for the Chinese e-commerce juggernaut. At that price, the IPO, one of ...

Sep 19, 2014

U.S. calls for Japan to buckle down on Pacific trade pact

U.S. Trade Representative Michael Froman urged Japan on Thursday to ramp up efforts on a Pacific trade pact ahead of planned talks with his Japanese counterpart next week and a new round of negotiations in October. A standoff between the United States and Japan, ...

Sep 18, 2014

FCC chief says utility-style Internet rules are 'on the table'

U.S. officials are considering utility-style rules for Internet traffic, Federal Communications Commission Chairman Tom Wheeler said Wednesday. The rules are “very much on the table,” Wheeler told the U.S. House Committee on Small Business. Wheeler said the agency is considering rules under Title II, ...