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U.S. markets news

US Economy Roars Back, Grew 2.9% in Third Quarter
WASHINGTON—U.S. economic growth accelerated last quarter, easing fears of a near-term slowdown but doing little to change the trajectory of a long but weak expansion.
US Economy Grew 2.9% in 3rd Quarter, Picking Up the Pace  New York Times
Growth Debate Left Unresolved by Mixed Report on U.S. Economy  Bloomberg
U.S. News & World Report  
Uber drivers deserve paid vacation, minimum wage, British court rules
Uber's claim that its drivers are contractors - and not employees entitled to vacations - was rejected Friday by a British tribunal in a ruling that may have implications for a range of companies that rely on self-employed workers.
Here's Where Uber Is Facing Some of Its Biggest Legal Problems  Fortune
In landmark decision, British court rules Uber drivers should get minimum wage  Washington Post
Spending vs. profits: Amazon, short-term investors at odds again
Amazon CEO Jeff Bezos addresses the Economic Club of New York in New York City, U.S., October 27, 2016. REUTERS/Brendan McDermid. 2/2.
Amazon (AMZN) Q3 Earnings Hurt by Investments, AWS Solid  Nasdaq
Amazon's stock chart warns this year's amazing ride may be over  MarketWatch
The Economy Grew At A Solid Pace This Summer, But Consumers Are Wary
Maybe this election cycle really is getting to us. On Friday, one report showed the economy is growing at a surprisingly quick pace, but another found consumers are feeling less upbeat.
Consumer sentiment in US matches lowest reading since 2014  Crain's Cleveland Business
Consumer expectations post slight decline in October  U of M News Service
Hershey Revenue and Profit Rise
Hershey Co. said Friday that Americans are snacking more, helping the chocolate maker boost sales and raise its full-year profit guidance.
Hershey Is Getting Sweeter  Bloomberg
A Sweet Surprise: Hershey Earnings Get Help From Halloween, Surpassing ...  Forbes
'Exceptional' drought killing crops across Alabama
Six months into a deepening drought, the weather is killing crops, threatening cattle and sinking lakes to their lowest levels in years across much of the South.
The Weather Authority: Expect near record highs  Alabama's News Leader
Deep South drought kills crops, threatens herds, dries lakes  Mount Pleasant Daily Tribune
Exxon Warns on Reserves as it Posts Lower Profit
Exxon Mobil Corp., under investigation for how it values its oil and gas wells, on Friday said it may be forced to recognize that nearly one fifth of its reserves are no longer profitable to produce, a sign of the toll that low prices are taking on the ...
Exxon Concedes It May Need to Declare Lower Value for Oil in Ground  New York Times
Exxon Mobil says it may write down assets after SEC probe into its reserves  CNBC
Baker Hughes Could Be a Good Fit for General Electric
General Electric says it is not planning to acquire the $23 billion oil-services company Baker Hughes, contrary to news reports. But shareholders should not be shocked by the idea that G.E.
As Oil Slump Continues, Baker-Hughes Needs a Deal  Wall Street Journal
GE and Baker Hughes: A First Date Wouldn't Hurt  Bloomberg
Madoff Friend's Estate Agrees to Pay $277 Million to End Suit
The estate of one of Bernard Madoff's oldest friends agreed to pay the con man's victims $277 million to settle claims that the Beverly Hills money manager, who died in 2010, got rich from Madoff's fraud at the expense of thousands of investors ...
Money Manager's Estate to Return $277 Million to Madoff Investors  Wall Street Journal
Madoff trustee reaches $277 million accord with money manager's family  WHTC
Here are dozen key products Amazon talked about on its earnings call CEO Jeff Bezos famously hates talking to the investment community. He dislikes it so much that he leaves earnings calls to his deputies.
Amazon Spooks Investors With Big Spending Ahead of Holidays  Bloomberg
Why Amazon's Holiday Season Forecast Is Disappointing Investors  Fortune