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The Two-Way
4:32 pm
Wed June 18, 2014

Afghan Presidential Candidate Alleges Vote Fraud

Afghan presidential candidate Abdullah Abdullah speaks during a news conference in Kabul, Afghanistan, on Sunday. Abdullah has accused his opponent of election fraud.
Massoud Hossaini AP

Although the results of Afghanistan's elections aren't due until next month, already one of the two presidential candidates is calling foul.

Abdullah Abdullah says the vote counting must stop immediately because the head electoral official has allowed fraud and must be suspended.

He says election monitors from his campaign witnessed massive ballot-box stuffing and other irregularities that could throw the June 14 election to his opponent, Ashraf Ghani Ahmadzai.

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The Two-Way
4:20 pm
Wed June 18, 2014

Jazz Pianist, Composer Horace Silver Dies At 85

American jazz pianist Horace Silver performs at the North Sea Jazz Festival in The Hague, Netherlands, in 1988.
Frans Schellekens Redferns/Getty Images

Originally published on Wed June 18, 2014 5:43 pm

This post was updated at 5:40 p.m. ET.

Pianist and composer Horace Silver, who created a rhythmic jazz known as "hard bop" that combined R&B and gospel to go along with his eclectic style of piano playing, has died at age 85, his son confirms.

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The Two-Way
3:03 pm
Wed June 18, 2014

Fed Slows Pace Of Bond Buying, Keeps Rates Steady — For Now

Federal Reserve Chair Janet Yellen speaks during a news conference at the Federal Reserve in Washington, on Wednesday. The Fed announced that it was cutting back on bond buying and would leave short-term rates unchanged.
Susan Walsh AP

Originally published on Wed June 18, 2014 7:03 pm

This post was updated at 5:30 p.m. ET.

The Federal Reserve said today it will further curtail its bond purchases because of an improving U.S. job market, but it offered no hint as to when it might start raising short-term interest rates.

A statement from the Federal Reserve Open Market Committee said:

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The Two-Way
2:52 pm
Wed June 18, 2014

Amazon Unleashes Fire Phone To Compete With Apple, Samsung

Amazon CEO Jeff Bezos introduces the new Amazon Fire Phone on Wednesday, in Seattle.
Ted S. Warren AP

Originally published on Wed June 18, 2014 8:24 pm

This post updated at 5:20 p.m. ET.

It's called the Fire Phone, and Amazon is hoping that its entry into the mobile arena will prove a hot seller that puts the iconic brand at everyone's fingertips.

CEO Jeff Bezos introduced the Fire Phone at an event Wednesday in Seattle.

In screen size, the Fire Phone's, which measures 4.7 inches diagonally, falls somewhere between the Apple iPhone and its larger competitor, the Samsung Galaxy.

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The Two-Way
12:25 pm
Wed June 18, 2014

The Twisty Tale Of The World's Most Expensive Stamp

David Redden of Sotheby's auction house holds a case containing the sole surviving "British Guiana One-Cent Black on Magenta" stamp dating from 1856.
Oli Scarff Getty Images

Originally published on Wed June 18, 2014 1:42 pm

Blemished, battered and cut, the "British Guiana One-Cent Black on Magenta" is a stamp with a twisty tale to tell, one that begins in the hands of a young Scottish boy and passes through the hands of a killer.

The 1856 treasure was sold at Sotheby's in New York for $9.5 million on Tuesday to a phone buyer who wished to remain anonymous — the fourth time it has broken the auction record for a single postage stamp.

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The Two-Way
12:23 pm
Wed June 18, 2014

House Panel Grills GM CEO And Investigator Over Switch Recall

Family members of victims of a faulty GM ignition switch lined the rear wall of a congressional hearing with their photos Wednesday.
Cliff Owen AP

Questions about a potential cover-up and an unhealthy corporate culture dominated a congressional hearing today about General Motors' handling of a deadly safety flaw in ignition switches in millions of its cars.

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The Two-Way
10:52 am
Wed June 18, 2014

Washington Redskins' Trademark Registrations Cancelled

Several of the Washington Redskins' trademark registrations have been canceled. The team will appeal the decision.
Nick Wass AP

Originally published on Wed June 18, 2014 5:25 pm

The U.S. Patent and Trademark Office has revoked the trademark of the NFL's Washington Redskins, after ruling in a case brought by five Native Americans who say the name disparages them. While the decision could have wide repercussions, it does not require the team to change its name. It is also subject to appeal, which the team has confirmed it will pursue.

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The Two-Way
10:41 am
Wed June 18, 2014

Japan Bans Possession Of Child Pornography

Originally published on Wed June 18, 2014 12:51 pm

Japan has banned the possession of child pornography, with some notable exceptions: manga, animation and computer graphics.

Parliament's upper house approved the measure Wednesday; the lower house passed the bill last month.

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The Two-Way
9:36 am
Wed June 18, 2014

U.S. Offshore Wind Energy Area Would Nearly Double Under New Plan

The Department of the Interior is proposing a large expansion of U.S. efforts to make energy from offshore winds, with a plan centered off the Massachusetts coast. Here, a 2010 photo shows a sunrise over Nantucket Sound.
Julia Cumes AP

Originally published on Wed June 18, 2014 11:55 am

A large swath of the Atlantic Ocean could soon be used to generate electricity, as a U.S. agency proposes opening more than 1,000 square miles of ocean to wind energy projects. The area is off the coast of Massachusetts, which has been working on the proposal with federal officials.

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