Stocks down at midday

NEW YORK (AP) — Investor worries about a budget fight in Washington are pushing stocks lower for a third straight day. The U.S. House of Rep…

Tycoon plans $8 billion Chinese Hollywood

QINGDAO, China (AP) — China’s richest man plans to spend 50 billion yuan ($8.2 billion) to build the country’s version of Hollywood in the n…