Scotland, Alibaba and iPhones — 5 things to know today

September 19, 2014, 12:00 PM UTC
Scotland Decides - The Result Of the Scottish Referendum On Independence Is Announced
EDINBURGH, SCOTLAND - SEPTEMBER 19: 'Better Together' supporters celebrate the result of the Scottish referendum on independence at the count centre for the Scottish referendum at Ingleston Hall on September 19, 2014 in Edinburgh, Scotland. The majority of Scottish people have today voted “No” in the referendum and Scotland will remain within the historic union of countries that make up the United Kingdom. (Photo by Jeff J Mitchell/Getty Images)
Photo by Jeff J Mitchell — Getty Images

Good morning, friends and Fortune readers.

Happy Friday! What’s been a very busy week will close today with one of the most anticipated IPOs ever, and consumers are starting to get their hands on the new Apple iPhones. Here’s what else you need to know in business news today.

1. Scotland votes to stay in the UK, and the markets like it

After 55% of Scottish voters decided not to form an independent country, European markets are moving higher. The U.K. pound is up against both the U.S. dollar and the Euro, and the U.K.’s FTSE index has seen an uptick too.

2. Get ready for Alibaba

The day is here when the Chinese e-commerce company will make its market debut. With shares priced at $68, the IPO will raise $21.8 billion, the biggest in U.S. history. There is no set time for when trading will begin, but some estimate it will be close to 11 a.m.

3. Oracle has made a big change

On Thursday afternoon the software company’s founder Larry Ellison stepped down from his CEO role, and two people took his place: Mark Hurd and Safra Catz, both of whom had previously been presidents at the company. Ellison will remain executive chairman and will become chief technology officer.

4. New iPhones are out today!

Get thee to an Apple Store! The new iPhone 6 and iPhone 6 Plus are out today. With huge pre-orders, only a limited number will be available for walk-in customers, so if you’re not on line already, you probably won’t get one.

5. GlaxoSmithKline found guilty of bribery

A court in China has found the British pharmaceutical giant guilty of bribery and fined it the equivalent of $491.5 million. The penalty is the largest-ever corporate fine in China.

Read More

CryptocurrencyLeadershipInvestingClimate ChangeMost Powerful Women