Ford's 3Q profit falls on recall, truck launch
Troubles in Ford Motor Co.'s home market ? including slowing U.S. sales, a massive recall and the difficult launch of new heavy-duty pickups ? are hurting the company's bottom line. Ford said Thursday ...
Roommate pleads guilty to charge in Rutgers webcam case
Belgium breaks deadlock on EU-Canada trade deal
Belgium announced a breakthrough Thursday to salvage a landmark EU-Canada trade deal by winning over domestic holdouts who threatened to torpedo the agreement and further damage European credibility. "This is an important agreement that is on the table," Prime Minister Charles Michel told a press conference after marathon talks to win over holdouts in Belgium's French-speaking community. Under complex constitutional arrangements, Michel needed all of Belgium's regional governments to back the deal before he could sign up.
Up to 900 jihadists killed in Mosul battle, US says
The United States said Thursday up to 900 Islamic State group jihadists have been killed in the offensive to retake Iraq's Mosul, as camps around the city filled with fleeing civilians. The offensive, launched on October 17, is seeing tens of thousands of Iraqi fighters advancing on Mosul from the south, east and north in a bid to retake the last major Iraqi city under IS control. General Joseph Votel, who heads the US military's Central Command, told AFP the offensive was inflicting a heavy toll on the jihadists.
Twitter beats estimates, cuts jobs with eye on 2017 profitability
Twitter Inc said Thursday it would cut 9 percent of its global workforce to keep costs down even as quarterly results eclipsed Wall Street's beaten-down expectations, lifting shares that had fallen after a failed effort to sell the company. More than 300 Twitter employees will be affected by the layoffs, a figure similar to an earlier round of reductions announced a year ago. 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.
U.S. business spending tepid; labor market firming
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 reports on Thursday showed a drop in the number of Americans applying for unemployment benefits last week and a jump in contracts to purchase previously owned homes in September. 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.
France tells migrants to forget Calais as 'Jungle' camp razed
By Matthias Blamont and Temis Tormo CALAIS, France (Reuters) - Bulldozers cleared mounds of debris and demolished makeshift shelters in the "Jungle" migrant camp on Thursday, and French authorities said more than 6,000 people had been evacuated from the squalid site. Charities said hundreds of migrants might have fled the camp rather than take part in a program to rehouse them in towns across the country. A Reuters reporter on Thursday saw dozens of migrants, including children, still in the western part of the camp, where the dismantling had not yet started.
Altria to close 2 tobacco facilities affecting 580 workers
Altria, the maker of Marlboro cigarettes, said Thursday that it will close manufacturing facilities in Pennsylvania and Illinois by early 2018, affecting about 580 workers. The company said about 200 jobs ...
Actress Raven-Symone leaving 'The View'
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