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Wall Street opens flat ahead of Fed

NEW YORK - Stocks opened little changed on Wednesday, holding much of the gains made over the last two days, ahead of a highly anticipated Federal Reserve statement and news conference. | Video

Recent Business News

Vodafone may trump Liberty with $10 billion cash bid for Kabel: sources

FRANKFURT/LONDON - Vodafone is discussing a bid of about $10 billion with Germany's No. 1 cable operator Kabel Deutschland and is confident its raised all-cash 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.

Obama says U.S. EU free trade deal can boost jobs and growth

BERLIN - President Barack Obama said on Wednesday a free trade agreement between the United States and the European Union could boost jobs and growth on both sides of the Atlantic and he also stressed the need for economic structural reforms.

7:21am EDT

Softbank closer to acquiring Sprint after Dish abandons bid for now

TOKYO/NEW YORK - Japan's SoftBank Corp cleared a major hurdle in its attempt to buy U.S. wireless provider Sprint Nextel Corp, as rival bidder Dish Network Corp declined to make a new offer after SoftBank sweetened its own bid last week.

U.S. arms companies see rising foreign demand

PARIS - U.S. arms makers see rising foreign demand for fighter jets, missile defense systems and other weapons as countries modernize their forces and U.S. officials, facing tighter budgets, encourage allies to invest more in intelligence gathering and aerial refueling equipment.

9:50am EDT

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DOW 15,299.29 -18.94 -0.12%
S&P 500 1,649.41 -2.40 -0.15%
NASDAQ 3,480.78 -1.40 -0.04%
TR US Index 149.80 +1.17 +0.79%
EUR/USD 1.3393 +0.01%
GBP/USD 1.5659 +0.13%
USD/JPY 95.050 -0.27%
Gold 1,371.80 +5.20 +0.38%
Oil 98.49 +0.05 +0.05%
Corn 667.50 -5.75 -0.85%

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