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Alibaba surges on massive demand in trading debut

NEW YORK - 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. | Video

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French jets strike in Iraq, expanding U.S.-led campaign against Islamic State

BAGHDAD/PARIS - French jets struck a suspected Islamic State target in Iraq for the first time on Friday, expanding a U.S.-led military campaign against militants who have seized a third of the country and also control large parts of neighboring Syria. | Video

World, Iraq 1:16pm EDT

Kurdish leader urges world to protect Syrian town from Islamic State

DIKMETAS Turkey - Iraqi Kurdish leader Masoud Barzani called on Friday for international intervention to protect a Kurdish town in neighboring Syria from Islamic State fighters who have driven many Syrian Kurds to flee across the border to Turkey. | Video

World, Syria, Iraq 1:01pm EDT

U.S. leading indicator rises less than expected in August

WASHINGTON - Economic activity in the United States rose less than expected in August, but was still consistent with the economy expanding at a moderate pace for the rest of this year, The Conference Board said on Friday.

10:42am EDT

China hands drugmaker GSK record $489 million fine for paying bribes

SHANGHAI/LONDON - China fined GlaxoSmithKline Plc a record 3 billion yuan ($489 million) on Friday for paying bribes to doctors to use its drugs, underlining the risks of doing business there while also ending a damaging chapter for the British drugmaker.

9:45am EDT
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White House anti-assault campaign uses stars, sports to reach campuses

WASHINGTON - U.S. President Barack Obama and Vice President Joe Biden, who have long talked about the need to curb sexual assault at universities, will get some help on Friday from some people who young adults actually listen to: celebrities and athletes.

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White House does not expect Obama, Iran's Rouhani to meet at U.N.

WASHINGTON - The White House said on Friday it did not expect President Barack Obama and Iranian President Hassan Rouhani would hold a meeting when they are in New York for the United Nations General Assembly next week.