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Updated: 37 min 37 sec ago

Hurricanes Harvey, Irma expected to dim U.S. jobs growth in short term

Fri, 10/06/2017 - 12:05am
WASHINGTON (Reuters) - U.S. job growth probably slowed further in September as Hurricanes Harvey and Irma left displaced workers temporarily unemployed and delayed hiring, the latest indication that the storms undercut economic activity in the third quarter.

Tropical Storm Nate kills 22 in Central America, heads for U.S

Thu, 10/05/2017 - 11:30pm
SAN JOSE (Reuters) - Tropical Storm Nate killed at least 22 people in Central America on Thursday as it pummeled the region with heavy rain while heading toward Mexico's Caribbean resorts and the U.S. Gulf Coast, where it could strike as a hurricane this weekend.

U.S. gun lobby agrees to examine 'bump stocks' after Las Vegas massacre

Thu, 10/05/2017 - 10:52pm
LAS VEGAS (Reuters) - The U.S. gun lobby, which has seldom embraced new firearms-control measures, voiced a readiness on Thursday to restrict a rifle accessory that enabled a Las Vegas gunman to strafe a crowd with bursts of sustained fire as if from an automatic weapon.

NRA agrees to target 'bump stocks' after Las Vegas massacre

Thu, 10/05/2017 - 8:42pm
LAS VEGAS (Reuters) - The U.S. gun lobby, which has seldom embraced new firearms-control measures, voiced a readiness on Thursday to restrict a rifle accessory that enabled a Las Vegas gunman to strafe a crowd with bursts of sustained heavy fire as if from an automatic weapon.

Alibaba denies Tsai in deal talks with NBA's Brooklyn Nets

Thu, 10/05/2017 - 8:25pm
(Reuters) - Chinese internet conglomerate Alibaba Group Holding Ltd denied on Thursday that its vice chairman, Joseph Tsai, is in advanced talks to buy a stake in the Brooklyn Nets of the National Basketball Association.

In meeting with military, Trump talks of 'calm before the storm'

Thu, 10/05/2017 - 8:09pm
WASHINGTON (Reuters) - After discussing Iran and North Korea with U.S. military leaders on Thursday, President Donald Trump posed for a photo with them before dinner and declared the moment "the calm before the storm."

White House chief of staff's personal cellphone compromised: Politico

Thu, 10/05/2017 - 7:59pm
WASHINGTON (Reuters) - White House officials believe Chief of Staff John Kelly's personal cellphone was compromised, raising concerns that hackers or foreign governments may have had access to data on the phone, Politico reported on Thursday.

Plans to restart giant Bougainville mine stall as operating rights battle rages

Thu, 10/05/2017 - 7:27pm
SYDNEY, October 6 (Reuters) - Plans to reopen one of the world's biggest copper mines, shut by a civil war on the Pacific Island of Bougainville in 1989, have run into trouble.

Tropical Storm Nate kills 10 in Central America, heads for U.S.

Thu, 10/05/2017 - 5:58pm
SAN JOSE (Reuters) - Tropical Storm Nate killed at least 10 people in Central America on Thursday as it pummeled the region with heavy rain while heading toward Mexico's Caribbean resorts and the U.S. Gulf Coast where it could strike as a hurricane this weekend.

Trump expected to decertify Iran nuclear deal, official says

Thu, 10/05/2017 - 5:50pm
WASHINGTON (Reuters) - President Donald Trump is expected to announce soon that he will decertify the landmark international deal to curb Iran's nuclear program, a senior administration official said on Thursday, in a step that potentially could cause the 2015 accord to unravel.

U.S. congressman to resign after report alleged he asked woman to have an abortion

Thu, 10/05/2017 - 5:45pm
WASHINGTON (Reuters) - U.S. Republican Representative Tim Murphy will resign from Congress on Oct. 21, House Speaker Paul Ryan said on Thursday, following a report alleging that Murphy had asked a woman with whom he was having an affair to get an abortion.

Harvey Weinstein threatens to sue New York Times over harassment story

Thu, 10/05/2017 - 5:33pm
LOS ANGELES (Reuters) - Oscar-winning movie producer Harvey Weinstein on Thursday threatened to sue the New York Times after it reported that he had been the target of sexual harassment complaints.

Social media executives to testify Nov. 1 about Russia and U.S. election

Thu, 10/05/2017 - 5:32pm
WASHINGTON (Reuters) - Executives from Facebook Inc , Twitter Inc and Alphabet Inc's Google have been asked to testify about Russian meddling in the 2016 U.S. election before a House of Representatives panel on Nov. 1, a congressional aide said on Thursday.

New U.S. rule on payday loans to hurt industry, boost banks: agency

Thu, 10/05/2017 - 4:55pm
WASHINGTON (Reuters) - Revenues for the $6 billion payday loan industry will shrivel under a new U.S. rule restricting lenders' ability to profit from high-interest, short-term loans, and much of the business could move to small banks, according to the country's consumer financial watchdog.

Republicans move on tax reform; Fed officials see economic threats

Thu, 10/05/2017 - 4:47pm
WASHINGTON (Reuters) - Congressional Republicans moved to hasten an overhaul of the U.S. tax code on Thursday, while Federal Reserve officials warned in rare public remarks that President Donald Trump's tax plan could lead to inflation and unsustainable federal debt.

Bombardier spends $2.4 billion a year on aerospace in U.S.: document

Thu, 10/05/2017 - 4:16pm
NEW YORK (Reuters) - Bombardier Inc's aerospace business spent $2.4 billion in the United States last year, tapping more than 800 suppliers in all but three U.S. states, according to a confidential Bombardier report seen by Reuters on Thursday.

Oil rises 2 percent, boosted by potential OPEC deal

Thu, 10/05/2017 - 2:52pm
NEW YORK (Reuters) - Oil prices rose about 2 percent on Thursday as signs Saudi Arabia and Russia would limit production through next year pushed the U.S. benchmark back above $50 a barrel.

Hollywood's Harvey Weinstein takes leave after sex harassment claims

Thu, 10/05/2017 - 2:50pm
LOS ANGELES (Reuters) - Oscar-winning movie producer Harvey Weinstein said he was taking a leave of absence from his company and seeking therapy after the New York Times reported on Thursday that he had been the target of sexual harassment complaints.

New U.S. rule on payday loans to hurt industry, help banks -agency

Thu, 10/05/2017 - 2:45pm
WASHINGTON (Reuters) - Revenues for the $6 billion payday loan industry will shrivel under a new U.S. rule restricting lenders' ability to profit from high-interest, short-term loans, and much of the business could move to small banks, according to the country's consumer financial watchdog.

Republicans move on tax reform, Fed officials warn danger ahead

Thu, 10/05/2017 - 2:44pm
WASHINGTON (Reuters) - Congressional Republicans moved to hasten an overhaul of the U.S. tax code on Thursday, while Federal Reserve officials warned in rare public remarks that President Donald Trump's tax plan could lead to inflation and unsustainable federal debt.

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