Daily Investor Briefing: Alibaba surges on massive demand in...

	Click to View in Browser 09/19/2014 Alibaba surges on massive demand in trading debut NEW YORK (Reuters) - 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. Wall St. ends flat, tech pressures Nasdaq NEW YORK (Reuters) - The Dow and S&P 500 ended Friday's session with slight moves, while the Nasdaq closed lower after Alibaba's strong debut was offset by such falling technology shares as Oracle and Yahoo . With co-CEOs, Oracle sets challenging course SAN FRANCISCO (Reuters) - By promoting its two presidents to serve as co-chief executives instead of founder and CEO Larry Ellison, database-and-software behemoth Oracle is setting itself a course that has confounded other big companies. U.S. judge orders discovery to begin in some GM ignition switch cases (Reuters) - A federal judge in Manhattan on Friday ordered discovery to begin for some cases filed against General Motors Co in connection with its recall of millions of cars for a faulty ignition switch. Some consumers say Apple is losing its 'cool' factor SAN FRANCISCO (Reuters) - 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. Retail investors rush to buy Alibaba IPO (Reuters) - The biggest initial public offering of all time appears to have finally gotten U.S. retail investors' attention. Rivals dash to support Apple Pay for fear of losing out FRANKFURT (Reuters) - In the hype-fueled technology industry, "revolutionary" is a word in danger of losing its meaning. U.S. court tosses Argentina, Citigroup appeal in bond case NEW YORK (Reuters) - 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. Exclusive: Exxon Mobil puts Torrance, Calif, refinery up for sale - sources (Reuters) - 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. In film on alternative car fuels, former Shell executive speaks out NEW YORK (Reuters) - Frustrated by what he describes as a lack of political courage, a former president of the U.S. unit of Royal Dutch Shell takes center stage in a new documentary film that makes the case for using alternative fuels in cars. Related Video Buyer beware on Alibaba IPO: Garnick Analysts question Oracle succession Related News As women earn more, fund managers buy shares of U.S. daycare company Wall Street regulator unveils proposals for dark pools, bond markets A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend