US stocks are mixed following two days of losses

NEW YORK — U.S. stocks were drifting between small gains and losses on Wednesday following two days of losses. Worries over the timing of a U.S. rate increase and economic weakness in China kept trading subdued. KEEPING SCORE: The Dow Jones industrial...

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Feds raid fashion hub in money laundering probe

LOS ANGELES — Federal agents raided dozens of businesses in the fashion district of Los Angeles early Wednesday as part of an investigation into suspected money laundering done for Mexican drug cartels. Several arrests have been made, Immigration and...

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Conn. wins $8.2 million to upgrade freight rail

HARTFORD, Conn. — Eastern Connecticut will receive an $8.2 million federal grant to upgrade freight rail that officials say will spur economic development and drive more traffic through the port of New London. Rep. Joe Courtney, D-Conn., called the...

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'Brooklyn Nine-Nine' star Terry Crews to voice Waze navigation app

Popular navigation application Waze has added its second celebrity voice option in the United States, tapping "Brooklyn Nine-Nine" actor Terry Crews as a guide. The partnership leads up to the Fox comedy's season two premiere on September 28. Crews...

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Toronto: Paramount Pictures acquires 'Top Five' for worldwide distribution

Paramount Pictures announced on Wednesday that it had acquired worldwide distribution of the Chris Rock comedy "Top Five," which premiered at Toronto to rave reviews over the weekend. The deal, according to sources, was said to close at a whopping $12.5...

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Casino developers respond to plan critiques

Mohegan Sun and Wynn Resorts have pushed back at critiques of their casino plans by state gaming commissioners, with Mohegan insisting its plan is on sounder financial footing than a gaming panel analysis concluded and Wynn saying it has Sullivan Square...

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Comcast: Still on track to close Time Warner Cable deal by 'early 2015′

Comcast Corp. is on track to close its proposed merger with Time Warner Cable by "early 2015," the company's senior vice president of investor relations told investors Wednesday, reiterating the Philadelphia company's most recent guidance concerning...

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Apple watch: This is not the media device you're looking for

Anyone who expected the Apple Watch -- or any of the current crop of smartwatches -- to yield a tiny new canvas for mobile TV, streaming video or Dick Tracy two-way "wrist TV" is bound to be disappointed. The Apple Watch, launched with the Cuptertino...

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Chiquita to talk with potential buyers

NEW YORK — Not even a month after flatly rejecting a takeover bid by two Brazilian companies, Chiquita will open its books to them. Should Chiquita eventually see eye-to-eye with the investment firm Safra Group and Cutrale Group, a juice company, it...

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U.K. broadcaster ITV invests in Believe Entertainment

Believe Entertainment, which produces digital series like the animated "The LeBrons" and Jay Mohr's game show "Money Where Your Mouth Is," has secured financing from U.K. television broadcaster and producer ITV. Specific financial terms of the deal...

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