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| THE FORTUNE DAILYThursday, June 19 | |
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| 30 minutes with Amazon's new smartphoneFortune tries out Amazon Fire to gauge whether it lives up to the hype. | |
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| Tax cheats who stash money overseas face a bigger penaltyNew IRS rules raise penalties for some tax evaders but also ease up on those who accidentally fail to report foreign income or assets. | |
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| GE to present fresh Alstom offer to FrenchCEO Jeff Immelt to meet French President Hollande in latest bid for Alstom's energy assets. | |
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| Facebook goes down, users flock to TwitterFrustration leads to a hashtag, a slew of commentary — and jokes — on the social platform. | |
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| By Philip Elmer-DeWitt Apple's app revenue growing 100% per yearSo estimates Societe Generale, which has raised its Apple price target to $105 per share. | |
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| By Chis Matthews Yellen paints a gloomy picture for U.S. economyThe Fed has continued to lower its expectations for economic growth. | |
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| By Benjamin Snyder Can coffee beans blemish the Dr. Oz brand?As Dr. Oz defends himself against senators who accuse him of endorsing a weight loss scam. | |
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| American Apparel ousts Charney, probes misconduct allegations | |
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| What the Mickey Mouse Club says about Capitalism | |
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| Japanese, European stocks rally on dovish Fed outlook | |
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