1. MONEYBAGS

    China’s Amazon.com Files for IPO

    Toru Hanai/Reuters

    You might not have never heard of it, but Alibaba, China's largest ecommerce company, could be larger than Facebook, Amazon.com, or eBay. In the biggest tech IPO since Twitter, Alibaba Group is seeking to raise $1 billion in an initial public offering filed Tuesday in the U.S. The company expects to raise $15 billion to $20 billion, and a share price could value the company at $200 billion—larger than most of America's top tech companies. Alibaba is considered by investors as the best prospect for tapping into China's massive growth.

    Read it at The New York Times