Friday, September 19, 2014

Alibaba’s record IPO, markets applaud Scotland’s ‘No’ vote, Larry Ellison quits CEO role

THE FORTUNE DAILY

Friday, September 19, 2014

Alibaba delivers on biggest U.S. IPO with $21.8 billion offering


Chinese e-commerce giant Alibaba is set for its market debut, pricing its shares at $68 a piece, topping its expected range and making it the biggest U.S. initial public offering.

Oracle founder Larry Ellison steps down as CEO


Co-presidents Safra Catz and Mark Hurd will become co-CEOs, with Ellison staying on as chairman and becoming the company's CTO.

Markets celebrate Scotland's 'No' vote


Scottish voters' decision to stay within the U.K. is boosting European markets and the British currency.

Scotland's 'No' vote: the U.K. takes stock


Scotland's independence referendum brought Europe's third-biggest economy to the brink of dissolution. Now comes the hard work.

Larry Ellison to step down as CEO of Oracle


Oracle's founder and chief executive will step down from his top role as two insiders step in to take his place.

By Adam Lashinsky

With Ellison out at Oracle, more stays the same than changes


The co-founder and longtime CEO steps down in favor of two deputies. But not really.

By Caroline Fairchild

5 things you probably don't know about Mary Barra


The CEO of General Motors has been written about ad nauseum since the company's recall scandal began. Here are a few things you probably don't know about her yet.

By Stephen Gandel

Big banks are getting risky once again


They're not back to slinging synthetic mortgage swaps. But a test shows that the pendulum is swinging back toward more risk-taking on Wall Street.
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Scotland, Alibaba and iPhones — 5 things to know today
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You don't need an MBA to be an MPW
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