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Financial Headlines From The Associated Press

  • Alibaba IPO comes with unusual structure
    BEIJING (AP) -- Foreigners who want to buy Alibaba Group shares in the Chinese e-commerce giant's U.S. public offering will need to get comfortable with an unusual business structure....
  • Asia stocks rise on S&P high, China stimulus hopes
    BEIJING (AP) -- Asian stock markets rose Monday, lifted by another record high on Wall Street and expectations of stimulus in China after its manufacturing growth slowed. Investors looked ahead to this week's U.S. employment figures and a meeting of Europe's central bank for signs of stimulus steps....
  • Cleveland welcomes growing field of server farms
    CLEVELAND (AP) -- Northeast Ohio is hardly ready to usurp Silicon Valley as a high-tech mecca, but a growing number of data centers are choosing to locate in and around Cleveland to take advantage of cheap power, an abundance of fiber-optic cable and one of the safest environments in the country for storing digital information....
  • Revel starts shutdown Monday after just 2 years
    ATLANTIC CITY, N.J. (AP) -- The most spectacular and costly failure in Atlantic City's 36-year history of casino gambling begins to play out Monday when the $2.4 billion Revel Casino Hotel empties its hotel....
  • Cuba cracks down on goods in travelers' luggage
    HAVANA (AP) -- Cubans braced Monday for a clampdown on the flow of car tires, flat-screen televisions, blue jeans and shampoo in the bags of travelers who haul eye-popping amounts of foreign-bought merchandise to an island where consumer goods are frequently shoddy, scarce and expensive....

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