NEW YORK (Reuters) - Stocks edged lower on Wednesday after the Federal Reserve acted to aid the fragile economy with stimulus measures that were in line with market expectations but went no further.
Reuters
Apple fined in Australia for misleading iPad advertising
MELBOURNE (Reuters) - Apple Inc was fined A$2.25 million ($2.29 million) by an Australian court on Thursday for misleading advertising of its latest iPad.
China June factory activity down, exports poor -HSBC Flash PMI
BEIJING (Reuters) - China's factory sector contracted for an eighth straight month in June, with export orders and prices turning in their weakest showing since early 2009, a private-sector survey showed on Thursday.
Pilots' union rejects American contract offer
NEW YORK (Reuters) - Pilot union leaders at American Airlines have rejected the carrier's final contract offer, leaving it to a judge to decide whether to grant the company's request to vacate the labor group's collective bargaining agreement in bankruptcy court.
