Europe Opens Sharply Lower on Fed Comments
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On the site of a former military golf course where President Dwight Eisenhower once played, the future of U.S. warfare is rising.
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NEW YORK, June 19- Benchmark U.S. Treasury yields surged to their highest levels in 15 months on Wednesday as Federal Reserve Chairman Ben Bernanke suggested the U.S. central bank was prepared to reduce bond purchases if its economic outlook proves correct, even though the U.S. economy remained stuck at a sluggish pace.
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*Five-year yield hit highest level since August 2011. NEW YORK, June 19- U.S. I thought that would give them more pause than it did, "said Thomas Graff, fixed income portfolio manager at Brown Advisory in Baltimore.
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WASHINGTON, June 19- Where have all the carpenters gone? "Right now I have framing material sitting on the job site with the foundation on the ground," said Stephen Paul, executive vice president at Mid-Atlantic Builders in Rockville, Maryland. "
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BETHESDA, Md.-- RLJ Lodging Trust said Tuesday that it has purchased the long-term leasehold interest in a Courtyard by Marriott hotel on Hawaii's Waikiki Beach for $75.3 million, adding a property in a popular tourist destination. Including the Marriott hotel, RLJ owns 149 properties.
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CAPE CANAVERAL, Fla.-- NASA has eight new astronauts _ its first new batch in four years. In fact, four of the eight are women, the highest percentage of female astronaut candidates ever selected by NASA. They will report for duty in August at Johnson Space Center in Houston and join 49 astronauts currently at NASA.
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*Netflix, DreamWorks jump after content deal. *Terex shares tumble after guidance update. NEW YORK, June 17- U.S. stocks rose 1 percent on Monday as investors speculated the Federal Reserve will reaffirm its commitment to supporting the economic recovery when it meets this week.
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COLUMBIA, Md./ NEW YORK, June 16- A company stuck in bankruptcy for 12 years may not seem like much of a catch, but investors have fallen in love with U.S. specialty chemical manufacturer W.R. Grace& Co and its surging sales to the energy sector.
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WASHINGTON/ CINCINNATI, June 15- A current and a former top U.S. tax official have been physically threatened in recent weeks as the scandal over Internal Revenue Service targeting of Tea Party and other conservative groups has gathered steam, people familiar with their situation say.
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June 14- JPMorgan Chase& Co must face a lawsuit accusing the largest U.S. bank of illegally imposing marked-up or unnecessary fees on delinquent mortgage borrowers, a federal judge ruled. Rogers also dismissed racketeering claims against JPMorgan, but said the plaintiffs can try again to pursue them.
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HERMITAGE, Pa.-- The parent of First National Bank of Pennsylvania is buying BCSB Bancorp Inc. in an all-stock deal valued at about $79 million to expand its operations in Maryland. Buying the Baltimore- based BCSB will give FNB an additional $640 million in assets and 16 banking offices in the greater Baltimore area.
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The storm came and went in the Washington, D.C., area ahead of the evening rush hour, bringing winds and thunder that knocked trees onto houses, cut power to thousands of homes and traffic signals and led to the brief closure of a bridge that connects to the beaches on Maryland's Eastern shore.
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The Washington, D.C., area braced for the storms, and the National Weather Service issued severe thunderstorm watches and warnings for much of the region. In Maryland and Delaware, officials reported trees down, roads closed, and tens of thousands of power outages after a line of heavy thunderstorms moved through.
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Genworth, a leader in this field, has started selling plans in 31 states that charge more for women than men.
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ANNAPOLIS, Md.-- Abigail Ross Hopper, Gov. Martin O'Malley's energy adviser since 2010, has been named Director of the Maryland Energy Administration. Hopper is a graduate of the University of Maryland School of Law.
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FORT MEADE, Md.-- The mountain of classified material Army Pfc. Martin Nehring, said his review of Afghanistan and Iraq battlefield reports revealed techniques for neutralizing improvised explosives, the name of an enemy target, the names of criminal suspects and troop movements.
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*Booz Allen Hamilton says has fired Snowden. *Google and others seek loosening of secrecy on requests.
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*Bill easily overcomes Senate procedural hurdle. With November's election results indicating broad support for updating the country's immigration laws, even some senators who have expressed opposition to the Senate bill voted to allow the debate to go ahead.
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DALLAS-- Southwest Airlines Co. is running a three-day sale on fall travel, and other airlines are starting to match the lower prices. Southwest and its AirTran subsidiary launched the sale Tuesday, with round-trip prices ranging from $98 to $298 based on distance.
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WASHINGTON, June 11- President Barack Obama sought to inject momentum into the push for U.S. immigration reform on Tuesday, urging lawmakers who were "serious" about the issue to support a Senate bill and highlighting the economic benefits of changing the system.
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WASHINGTON, June 11- President Barack Obama sought to inject momentum into the push for U.S. immigration reform on Tuesday, urging lawmakers who were "serious" about the issue to support a Senate bill and highlighting the economic benefits of changing the system.
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