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Alibaba surges 38 percent on massive demand in market debut

NEW YORK - Alibaba Group Holding Ltd's shares soared 38 percent in their first day of trading on Friday as investors jumped at the chance for a piece of what is likely to rank as the largest IPO in history, in a massive bet on China's burgeoning middle class. | Video

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Some consumers say Apple is losing its 'cool' factor

SAN FRANCISCO - 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.

Tech, Media 3:24pm EDT

U.S. court tosses Argentina, Citigroup appeal in bond case

NEW YORK - A U.S. appeals court on Friday dismissed an appeal by Citigroup Inc and Argentina of a judge's order blocking the bank from processing payments on $8.4 billion in bonds issued under the country's local laws following its 2002 default.

Retail investors rush to buy Alibaba IPO

- The biggest initial public offering of all time appears to have finally gotten U.S. retail investors' attention.

Tech, Media 2:55pm EDT

Rivals dash to support Apple Pay for fear of losing out

FRANKFURT - In the hype-fueled technology industry, "revolutionary" is a word in danger of losing its meaning.

Tech, Media 1:45pm EDT

Exclusive: Exxon Mobil puts Torrance, Calif, refinery up for sale - sources

- Exxon Mobil Corp. has put its Torrance, California, refinery on the block, according to two people familiar with the matter, making it the latest big oil company to consider exiting the state amid tougher environmental standards.

1:17pm EDT

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