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NEW YORK (Reuters) - Stocks dipped modestly at the open on Wednesday, but held on to most of their gains over the last two days, ahead of a highly anticipated Federal Reserve statement and news conference. Full Story
Top Headlines
Swiss parliament rejects U.S. tax deal
Orders top $100 billion as Ryanair gives Boeing a boost
BlackBerry shares fall as analyst downgrades stock ahead of earnings
Vodafone may trump Liberty with $10 billion cash bid for Kabel: sources
FRANKFURT/LONDON (Reuters) - Vodafone <VOD.L> is discussing a 7.6 billion euros ($10 billion) cash bid with Germany's No. 1 cable operator Kabel Deutschland <KD8Gn.DE> and is confident its offer and absence of antitrust issues put it in a better position than rival Liberty Global, two sources familiar with its thinking said on Wednesday. Full Story
FRANKFURT/LONDON (Reuters) - Vodafone <VOD.L> is discussing a 7.6 billion euros ($10 billion) cash bid with Germany's No. 1 cable operator Kabel Deutschland <KD8Gn.DE> and is confident its offer and absence of antitrust issues put it in a better position than rival Liberty Global, two sources familiar with its thinking said on Wednesday. Full Story
Tesla recalls some Model S cars due to seat-mount defect
(Reuters) - Electric car maker Tesla Motors Inc will recall 1,228 of its 2013 Model S cars manufactured between May 10 and June 8 due to a defect in the mounting bracket of the rear seat. Full Story
(Reuters) - Electric car maker Tesla Motors Inc will recall 1,228 of its 2013 Model S cars manufactured between May 10 and June 8 due to a defect in the mounting bracket of the rear seat. Full Story
FedEx posts higher-than expected profit, will cut more capacity
(Reuters) - FedEx Corp <FDX.N> reported a higher-than-expected quarterly profit on Wednesday, sending its shares higher, but the world's biggest air-freight company said it was cutting more capacity between the United States and Asia. Full Story
(Reuters) - FedEx Corp <FDX.N> reported a higher-than-expected quarterly profit on Wednesday, sending its shares higher, but the world's biggest air-freight company said it was cutting more capacity between the United States and Asia. Full Story
World Bank watching Fed, ready to respond
LONDON (Reuters) - The World Bank is concerned about the spillover effects on developing countries of a slowing of U.S. money creation and will move to provide affordable capital when borrowing costs rise, its president said on Wednesday. Full Story
LONDON (Reuters) - The World Bank is concerned about the spillover effects on developing countries of a slowing of U.S. money creation and will move to provide affordable capital when borrowing costs rise, its president said on Wednesday. Full Story
