US economic growth accelerates to 2.9% in 3rd quarter
US economic growth accelerated to a 2.9 percent annual rate in the third quarter, boosted by a big jump in exports and solid consumer spending, the Commerce Department reported Friday. In this initial estimate of gross domestic product, the Commerce Department also credited personal consumption for the positive result. "These data likely overstate growth significantly," Ian Shepherdson, chief economist at Pantheon Macroeconomics said.
Vote on Ivory Coast's new constitution may not heal old wounds
By Joe Bavier ABIDJAN (Reuters) - Ivory Coast's President Alassane Ouattara hopes Sunday's referendum on a new constitution will finally turn the page on years of crisis and bloodshed. Most of his audience were Gbagbo supporters whose refusal to accept Ouattara's 2010 election win sparked a war that killed over 3,000.
US Senate candidate Kirk mocks rival's family military past
Illinois Republican U.S. Sen. Mark Kirk has raised his Democratic rival's immigrant background and mocked her family's history of military service, saying he had forgotten the congresswoman's "parents ...
ICC's toughest trial: Africa vs. 'Infamous Caucasian Court'
By Ed Cropley JOHANNESBURG (Reuters) - South Africa and Burundi's decision to quit the International Criminal Court (ICC) and an attack by Gambia against its supposed 'Caucasian' justice are likely to embolden other African states to leave the world's only permanent war crimes tribunal. With South Africa - a continental heavyweight and key backer of the ICC in the late 1990s - making clear it could no longer tolerate the court's denial of immunity to sitting leaders, the departure gates have been flung open. All eyes are now on Kenyan President Uhuru Kenyatta, the ICC's chief tormentor who made history in 2013 by becoming the first sitting head of state to appear before the court, on charges of crimes against humanity.
UK tribunal says Uber drivers should get vacation payLONDON (AP) ? A British employment tribunal has ruled in favor of Uber drivers suing the ride-sharing service in a case that would give them minimum wage and vacation pay.
Deep South drought kills crops, threatens herds, dries lakes
Volkswagen introduces new American-built 7-passenger SUVDETROIT (AP) ? Volkswagen took a big step toward recovering from its emissions-cheating scandal by introducing a new seven-passenger SUV.
Ex-UK leader says voters should be able to reconsider BrexitLONDON (AP) ? Britain's former leader, Tony Blair, says the nation's voters should be given another chance to weigh in on whether the U.K. should leave the European Union.
Trump campaign downplays Clinton cash advantage
Low oil prices hit ExxonMobil, Chevron earnings
Low crude prices and weak refining margins weighed on third-quarter profits at US oil giants ExxonMobil and Chevron in reports Friday, but earnings rose compared with the prior two quarters. The results were the latest sign of pain for the industry in the wake of a two-year slump in oil prices, with ExxonMobil notching a 37.5 percent decline in profits to $2.7 billion and Chevron disclosing a 36.8 percent fall to $1.3 billion. At the same time, the third-quarter marked progress over the first half of 2016, especially at Chevron, which had reported losses in the two previous reporting periods.