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Wall St. edges lower as Fed statement looms

NEW YORK - Stocks dipped on Wednesday as investors awaited a Federal Reserve statement that could provide clues about the central bank's future stimulus efforts, a key to the market's current rally. | Video

Recent Business News

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

FRANKFURT/LONDON - Vodafone is discussing a 7.6 billion euros ($10 billion) cash bid with Germany's No. 1 cable operator Kabel Deutschland 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.

Tesla recalls some Model S cars due to seat-mount defect

- 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.

11:31am EDT

Flush with orders, aerospace industry retools

PARIS - As airplane makers gathered outside Paris to show off their newest high-tech jetliners on Monday, a less-heralded technology story was unfolding back home on the factory floors of the world's leading aerospace companies.

12:44pm EDT

World Bank watching Fed, ready to respond

LONDON - 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.

7:53am EDT

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