Twitter beats estimates, cuts jobs with eye on 2017 profitability
The company is "more disciplined about how we invest in the business" and intends to be profitable in 2017, said Chief Financial Officer Anthony Noto. Among its priorities, Twitter is dedicated to growing its burgeoning live video offerings through partnerships with organizations such as the National Football League, Noto said. Twitter, which has seen user growth stall amid competition from nimbler rivals such as Instagram and Snapchat, said its user base ticked up 3 percent to 317 million average monthly active users in the quarter.
Kerber, Cibulkova reach WTA semi-finals in Singapore
Germany?s Angelique Kerber continued her unbeaten run at the WTA Finals on Thursday, steamrolling rising American Madison Keys 6-3 6-3 to charge into the semi-finals of the season-ending championship . Kerber was joined in the semis by Slovakia's Dominika Cibulkova, who claimed her first victory of the tournament by defeating Simona Halep of Romania 6-3 7-6 (7-5), to finish as the group runner-up. Beaten in her first two matches, the 27-year-old Cibulkova needed to see off Halep in straight sets then rely on Kerber defeating Keys in straight sets to advance, but she made it through when everything she hoped for went according to plan.
Oil pipeline protesters brace for confrontation with police
Protesters trying to stop construction of the Dakota Access oil pipeline are bracing for a confrontation with police Thursday after the demonstrators refused to leave private land in the pipeline's path. ...
Putin rejects claims of Russian interference in US electionMOSCOW (AP) ? President Vladimir Putin says the claims of Russia's interference in the U.S. presidential election are designed to distract public attention from real issues.
UPS 3Q profit up 1 percent as US revenue increases
The Latest: Trump raises possibility of Texas vote-rigging
German police probe possible DNA blunder in murder caseBERLIN (AP) ? German authorities are investigating whether contamination was to blame for the discovery of DNA linked to a neo-Nazi at the site where a child's remains were found.
US stocks tick lower as industrial companies skid
NEW YORK (AP) ? U.S. stocks are edging lower Thursday morning as industrial companies like defense contractor Raytheon fall. Bond yields are jumping and investors are selling utility and real estate companies. Chipmaker Qualcomm said it will buy competitor NXP Semiconductors for $38 billion.
China Communist Party declares Xi Jinping 'core' leader
China's ruling Communist Party declared its General Secretary Xi Jinping the "core" of its leadership on Thursday, elevating his already powerful status. A communique issued by top party leaders after a four-day meeting in Beijing called on all its members to "closely unite around the CPC Central Committee with Comrade Xi Jinping as the core", said the People's Daily, the party's official mouthpiece. The announcement followed a gathering of 400 top party leaders in Beijing for a meeting known as the Sixth Plenum to discuss changes to party structure and discipline.
Eurozone equities sag as British pound wins GDP boost
The British pound rallied briefly Thursday on brighter-than-expected economic growth data, while eurozone stock markets sagged amid a dearth of news from the region. Sterling bounced after official data showed that Britain's economy grew by 0.5 percent in the three months following the country's referendum in favour of exiting the European Union. "The GDP data initially boosted the pound which had a negative impact on the FTSE and pushed it into the red," Oanda analyst Craig Erlam told AFP.