Scotland votes “No” to independence from the UK. The “No” votes against breaking up the 307-year-old union between Scotland and Britain won the day by a wider-than-expected 54.2%-45.7% margin. “Scotland has decided no at this stage to becoming an independent country and I accept that verdict,” said Alex Salmond, Scotland’s first minister, in his concession speech. “Let us not dwell on the distance we have fallen short. Let us dwell on the distance we have travelled…. Let us go forward as one nation.”
Russia sanctions force Exxon Mobil to hit pause on arctic oil drilling. Just days after new US and EU sanctions were declared, Exxon halted work on a project that aimed to extract an estimated 9 billion barrels of oil from beneath the Kara Sea, sources told Bloomberg. Exxon has eight more days to cease all arctic exploration work with Russia’s OAO Rosneft—a partnership that aimed to solve Exxon’s falling production rates and modernize Russia’s aging extraction operations.
The UN Security Council sounds the alarm on Ebola. Ebola is a “threat to international peace and security,” the council said, after its first-ever emergency meeting to deal with a public health issue. An “emergency UN mission” will work with the World Health Organization to combat the disease in West Africa, where the infection rate is doubling every three weeks.
The Islamic State releases a video of a captive British journalist. In a roughly three-minute video posted on social media sites, a man identified himself on-camera as John Cantlie, a reporter who had worked for the Sunday Times, the Sun, and the Sunday Telegraph. In the video, he promises to “convey some facts” about the Sunni Muslim extremist group in future videos to counter Western portrayals.
Alibaba tees up its IPO. The Chinese e-commerce giant priced shares at $68 for its initial public offering, which could raise a record-setting $25 billion, with a $165 billion valuation. The shares will begin trading under the ticker “BABA” on the New York Stock Exchange Friday.
Telefónica bets big on Brazil as Vivendi retreats. The Spanish telecoms group bought the Brazilian broadband company GVT from France’s Vivendi, in a cash- and stock-based deal worth $9.3 billion. The move will make Telefónica the dominant telecom operator in Brazil, where it reaps one-fifth of its total revenue, and which is growing much faster than the company’s stagnant home market.
Larry Ellison steps down as Oracle’s CEO. The surprise shift is effectively immediately. Ellison, who founded the company, becomes executive chairman of the board and chief technology officer. Two Oracle executives—Safra Catz and Mark Hurd—will jointly fill his slot as CEO in an unorthodox arrangement.
An early iPhone 6 buyer sees his life flash before his eyes. Jack Cooksey, the first person in Perth, Australia to buy Apple’s latest smartphone, was showing it off to a TV reporter when it went crashing to the ground.
Germans can get airplane food delivered to their homes for some reason. Air Food One offers subscribers a weekly meal delivery from Lufthansa’s food supplier—this week it’s “Arabic seafood” or panserotti with porcini mushrooms. The meals, which are from the business class menu, are priced at under 10 euros ($12.90).