*Adobe, FedEx shares rise after results. NEW YORK, June 19- U.S. stocks fell on Wednesday, with the losses accelerating even after the Federal Reserve said it would hold steady with its monetary policy.
PHILADELPHIA-- A French man who gained access to the cockpit of a plane at Philadelphia International Airport by impersonating an airline employee has been sentenced to time served and will be deported. Sixty-one-year-old Philippe Jeannard was sentenced Tuesday in federal court after pleading guilty to a fraud count.
NEW YORK, June 18- Most U.S. The Fed's policy statement, to be released after the close of the meeting on Wednesday afternoon, could affirm remarks by Chairman Ben Bernanke last month that the U.S. central bank may decide to trim the amount of bond purchases in the next few meetings if the economic recovery maintains momentum. "
*Fed to buy $1.25 bln- $1.75 bln bonds due 2036-2043. NEW YORK, June 18- U.S. Some components to core are resuming their strength and that does tend to lend some credence to the fact that it will be stable, but stable at these levels is still missing the Fed's mandate, "said Aaron Kohli, an interest rate strategist at BNP Paribas in New York.
WASHINGTON, June 17- The U.S. Supreme Court on Monday agreed to consider whether a New Jersey township's plan to redevelop lower income housing violated the Fair Housing Act because it would reduce affordability for minorities.
WASHINGTON, June 17- The U.S. Supreme Court on Monday agreed to consider whether a New Jersey township's plan to redevelop lower income housing violated the Fair Housing Act because it would reduce affordability for minorities.
*China, euro zone PMIs to test likely G8 economic optimism. LONDON, June 16- Like a father who has told his son the tooth fairy does not exist, Ben Bernanke must find a way to soothe investors who feel betrayed since he told them it was also a fantasy to hope he might keep printing free money for ever more.
Four key Amazon.com Inc executives- Doug Herrington, Peter Ham, Mick Mountz and Mark Mastandrea- are former Webvan officials who have spent years analyzing and fixing the problems that led to the start-up's demise.
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.
DETROIT, June 14- Detroit said on Friday it would stop making payments on some of its about $18.5 billion debt, which would put it in default, and the "insolvent" city called on most of its creditors to accept pennies on the dollar to help it avoid the largest municipal bankruptcy filing in U.S. history.
DETROIT, June 14- Detroit defaulted on some debt on Friday and proposed that creditors take a drastic cut in the money they are owed by the "insolvent" city in order to avoid the largest municipal bankruptcy filing in U.S. history.
DETROIT, June 14- Emergency manager Kevyn Orr said Detroit will stop making payments on some debt, including one scheduled on Friday, and proposed debt holders take a drastic cut in the money they are owed to stave off the largest municipal bankruptcy filing in U.S. history.
CHICAGO-- As she considers another White House bid, Hillary Rodham Clinton intends to work in the nonprofit world on issues like improving early childhood education, promoting the rights of women and girls, and finding ways to improve the economy _ a set of priorities that could inform a 2016 presidential campaign.
PHILADELPHIA-- A veteran Philadelphia building inspector who apparently committed suicide had inspected the site of a deadly building collapse twice in February and an adjacent, related project in mid-May. City records show that Ronald Wagenhoffer inspected the site before work began on Feb. 12 and again on Feb. 25, after it got underway.
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.
DETROIT, June 14- Detroit's creditors will begin to learn on Friday morning what they can recover without driving the financially troubled city into bankruptcy when the city's emergency manager unveils his restructuring plan.
A new coalition slated to be announced on Thursday by New York Attorney General Eric Schneiderman and San Francisco District Attorney George Gascon will analyze patterns behind the thefts and work with Apple Inc and other smartphone makers to create "kill" switches that would render devices inoperable if they are stolen.
HARRISBURG, Pa.-- Pennsylvania's House of Representatives approved a $28.3 billion state budget plan shaped by the Republican majority and sent to the Senate on Wednesday. Tom Corbett proposed in February, as a responsible blueprint that would increase spending by more than $500 million without increasing taxes.
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.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."