HBO to launch stand-alone over-the-top service in U.S. next year

In a bold surprise, HBO said it will launch a stand-alone over-the-top service in the U.S. next year, HBO chief Richard Plepler confirmed Wednesday. "This will be transformative for our company," Plepler said during his presentation at Time Warner's...

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Brazilian pair boosts bid for Chiquita to $658M

NEW YORK — Two Brazilian companies are raising their bid for banana company Chiquita to approximately $658 million. Investment firm Safra Group and juice company Cutrale Group said Wednesday that they are now offering $14 per Chiquita share, up from...

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France risks humiliating 'fail' in EU budget test

PARIS — Pencils down, papers over. France finds itself in the uncomfortable position of a student at the end of exams as it hands in its 2015 budget plans to European Union authorities for review. Wednesday's deadline for the bloc's 28 states to submit...

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US stocks sharply lower, extending losses

U.S. stocks tumbled in morning trading Wednesday as investor fears of a global economic slowdown intensified, setting the Dow Jones industrial average on course for its fourth consecutive loss. The Dow plunged as much as 369 points in the first 10 minutes...

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CDC: 2nd hospital worker with Ebola took flight

NEW YORK — Health officials are alerting airline passengers who were on the same flight as a Texas nurse who was diagnosed with Ebola the next day. The 132 passengers were on Frontier Airlines flight 1143 from Cleveland to Dallas-Fort Worth on Monday....

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CSX CEO says rail deals would face tough scrutiny

OMAHA, Neb. — CSX railroad's top executive says regulators are likely to be reluctant about consolidation among the major industry players because they remain concerned about service. The idea of railroad mergers is on investors' minds this week because...

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HBO to offer stand-alone streaming service

NEW YORK — Premium cable channel HBO plans to offer a stand-alone version of its popular video-streaming service in 2015. At an investor meeting at parent Time Warner Inc. on Wednesday CEO Richard Plepler said the move will target the 80 million homes...

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Budget deficit drops to $483B, lowest since 2008

WASHINGTON — The deficit for the just completed 2014 budget year was $483 billion, the lowest of President Barack Obama's six years in office, the government reported Wednesday. It's the lowest since 2008 and, when measured against the size of the economy,...

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Spacecraft to attempt comet landing next month

BERLIN — The European Space Agency has confirmed the time and place it will attempt to land the first spacecraft on a comet. The agency said Wednesday its unmanned probe Rosetta will release the 100-kilogram (220-pound) lander at 0835 GMT (3:35 EST)...

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Supreme Court weighs generic drug dispute

WASHINGTON — The Supreme Court seems divided as it considers a high-stakes patent dispute between rival pharmaceutical companies over the world's best-selling multiple sclerosis treatment. Justices heard arguments Wednesday in a case that threatens...

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