U.S. business spending tepid; labor market firmingBy Lucia Mutikani WASHINGTON (Reuters) - New orders for U.S. manufactured capital goods unexpectedly fell in September amid weak demand for computers and electronic products, which could temper expectations for an acceleration in business spending in the fourth quarter. Other data on Thursday showed a drop in the number of Americans applying for unemployment benefits last week, pointing to sustained labor market strength and firming economic growth. The Commerce Department said non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, fell 1.2 percent after three straight months of strong gains.
US goods orders dip in September with investment down
Orders for big-ticket manufactured goods dipped slightly in September as a key category that tracks business investment fell by the largest amount in seven months. Orders for durable goods edged down 0.1 ...
Volkswagen raises earnings outlook as it returns to profit
FRANKFURT, Germany (AP) ? Volkswagen raised its sales and earnings outlook Thursday after bouncing back to a profit of 2.34 billion euros ($2.55 billion) in the third quarter from a large loss a year earlier, when it took a big charge from its car emissions scandal.
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.
Russia says has nothing to do with strike on Syria school
Russia said Thursday it had nothing to do with air strikes on a school in Syria's rebel-held Idlib province that killed 22 children. "The Russian Federation has nothing to do with this terrible tragedy, with this attack," foreign ministry spokeswoman Maria Zakharova said, adding that Moscow demanded an immediate investigation. The raids hit a school and the surrounding area, killing 22 children and six teachers, the United Nations children's agency UNICEF said.
Danish party urges Americans to vote with spinning Trump adCOPENHAGEN, Denmark (AP) ? A Danish left-wing party is urging Americans to vote with a bus advertisement that features Donald Trump's eyes rolling along with the wheels.
76ers anthem singer says 'We Matter' shirt got her the boot
Oil pipeline protesters brace for confrontation with police
CANNON BALL, N.D. (AP) ? 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.
The Latest: Turkey wants no Syrian Kurds in battle for Raqqa
South Africa's under-fire finance minister declines to comment on ANC backing
By Stella Mapenzauswa CAPE TOWN (Reuters) - South African Finance Minister Pravin Gordhan declined on Thursday to say whether he was confident of the ruling party's support, less than a week before he appears in court to answer fraud charges in a saga that has rocked the government.