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Stocks reverse early dive…Regulators find problems at offshore wind farm…Britain wants an NFL team

NEW YORK (AP) — Stocks have turned higher in afternoon trading on Wall Street, reversing an early dive that followed a weak report on the U.S. jobs market. Traders may be anticipating that the slowdown in hiring will keep the Federal Reserve from raising a key interest rate off a record low before the end of the year. The Fed has only two meetings left: one later this month and another in December.

PROVIDENCE, R.I. (AP) — A regulatory agency says the nation’s first offshore wind farm has experienced safety and welding problems and regulators are closely monitoring construction. Deepwater Wind is building a five-turbine wind farm off Block Island, Rhode Island. Inspection reports cite near misses with dropped objects, personnel working under suspended loads, the use of older cranes poorly suited to the environment and the repeated failure of rigging equipment.

PORTLAND, Maine (AP) — Some fishermen say a plan by Maine regulators to place new restrictions on the scalloping industry is the right way to ensure the fishery keeps rebuilding. Maine’s meaty scallops are prized in restaurants and fish markets. Fishermen caught more than 4.9 million pounds of them last year, up from less than 700,000 pounds five years earlier. Fishery managers want to close some spots along the state’s southern coast to fishing and reduce the number of fishing days.

NEW YORK (AP) — Chick-fil-A (chihk-fihl-AY’) is opening an outpost in New York City tomorrow, marking a high-profile milestone in its push to become a bigger national player. The Atlanta-based chain known for its fried chicken sandwiches with pickles has been stepping up its expansion and now has more than 1,900 stores in 42 states, although its heaviest presence is in the South. By comparison, McDonald’s has more than 14,300 locations, and KFC more than 4,300.

LONDON (AP) — Britain’s treasury chief hopes the NFL will put a permanent franchise in London within five years. Chancellor George Osborne pushed his case for establishing an NFL team in London during a meeting today with owners, executives and former star players. It came on the same day the Miami Dolphins and New York Jets arrived in London ahead of their game at Wembley Stadium on Sunday, the first of three NFL games in London this season.

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