Business Today: Wall Street slips as Fed disappoints

	Click to View in Browser 06/20/2012 Wall Street slips as Fed disappoints NEW YORK (Reuters) - Stocks fell back near session lows in afternoon trading on Wednesday after the Federal Reserve voted to extend a program to stimulate the economy but offered no clues on further easing. Fed ramps up economic stimulus, says may do more WASHINGTON (Reuters) - The Federal Reserve on Wednesday delivered another round of monetary stimulus and said it was ready to do even more to help a U.S. economic recovery that looks increasingly fragile. Boeing 787's dimmable windows not dark enough, says ANA TOKYO (Reuters) - Boeing Co's launch customer for its 787 Dreamliner, Japan's All Nippon Airways says the plane's electronic dimmable windows are not dark enough for long haul flights and has asked the U.S. plane maker to make the plane's cabin darker. U.S. trade bill "not a gift" to Russia, Kirk says WASHINGTON (Reuters) - President Barack Obama's top trade official urged Congress on Wednesday to quickly approve legislation to improve trade ties with Russia, unencumbered by human rights requirements, saying it was vital to keep U.S. exports competitive in the Russian market. P&G cuts forecast, will focus on big businesses CHICAGO/LONDON (Reuters) - Procter & Gamble Co took the blame on Wednesday for a lack of big new products and not being quick enough to cut costs as it deals with persistent slowing demand in Western Europe, the United States and China. Starbucks plans to open Tazo tea store this year (Reuters) - Starbucks Corp plans to open a Tazo tea store in Seattle as early as this fall, adding another concept to its growing stable of retail brands that are moving the company beyond its core coffee business. Microsoft brings phone software closer to Windows SEATTLE (Reuters) - Microsoft Corp's new phone software will be built on the same core as its new upcoming PC and tablet operating system, bringing the software company one step closer to unifying its Windows franchise across a full range of screens that are revolutionizing computing. CME resumes charity grants halted after MF Global failure CHICAGO (Reuters) - CME Group Inc, the biggest operator of U.S. futures exchanges, has resumed making grants from its main charitable foundation after a seven-month halt triggered by the failure of giant futures brokerage MF Global Holdings Inc. Morgan Stanley must pay $5 million over broken promises NEW YORK (Reuters) - Overselling a job opportunity to a coveted recruit might be commonplace, especially in the money-talks brokerage world. But firms can pay a price if managers fail to follow through on promises they make when wooing a new hire. Statoil to triple North America oil and gas output NEW YORK (Reuters) - Norway's Statoil aims to triple its North American oil and natural gas production by the end of the decade as it ramps up spending in oil-rich prospects, and it also plans to develop Australian shale gas, the company said on Wednesday. Related Video Wealth Strategies: Fed should "shock & awe", not just twist Fed extends economic stimulus, ready to do more Economic News Fed ramps up economic stimulus, says may do more Adult children move back home in tough economy A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend