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U.S. markets news

U.S. Economic Growth Rebounds on Inventory, Export Boost
U.S. economic growth picked up in the third quarter after an uninspiring first half of the year as a build in inventories and a soybean-related jump in exports helped cushion softer household spending.
US Economy Roars Back, Grew 2.9% in Third Quarter  Wall Street Journal
Economy|US Economy Grew 2.9% in 3rd Quarter, Picking Up the Pace  New York Times
Exxon Warns on Reserves as it Posts Lower Profit
Exxon Mobil Corp., which is under state and federal investigation for how it accounts for the value of its oil and gas wells, said Friday that it may be forced to recognize that as much as 4.6 billion barrels of its reserves are no longer profitable to ...
Exxon Mobil earnings beat estimates, but fall $1.6 billion from a year ago  CNBC
Exxon Mobil profit drops 38 percent but beats estimates  Reuters
UK tribunal rules Uber drivers deserve workers' rights
A photo illustration shows the Uber app logo displayed on a mobile telephone, as it is held up for a posed photograph in central London, Britain August 17, 2016.
Uber Loses U.K. Ruling, Entitling Drivers to Minimum Wage  Bloomberg
Uber drivers in UK win right to paid time off and minimum wage  CNNMoney
Xerox Settles With Shareholder, Reports Decline in Revenue
Xerox Corp. reached a settlement with shareholder Darwin Deason granting him special shares in the copier maker's two businesses after its split, clearing the way for the company to finish its separation by year-end.
Xerox (XRX) Stock Slides on Q3 Revenue Miss, Outlook
Xerox's 3Q adjusted profit meets Wall Street's expectations  Albany Times Union
Baker Hughes (BHI) Stock Climbs on Potential GE Deal
GE is in conversations with oilfield services provider Baker Hughes (BHI) about a possible partnership between the two companies. Annie Palmer.
GE talking partnerships with Baker Hughes as oil slump endures  FuelFix (blog)
GE And Baker Hughes In Merger Talks — Energy Journal  Wall Street Journal (blog)
Op-ed: Salvaging Google Fiber's achievements
Enlarge / Boxes of equipment needed to install Google Fiber broadband network sit on a couch at the home of customer Becki Sherwood in Kansas City, Kansas, U.S.
Alphabet's Big Bets Shift to Cloud, Away From Moonshots  Bloomberg
Tracking Its Consumers, Google Is On The Move  MediaPost Communications
This is the best day to do all your holiday shopping
The best day to do most of your holiday shopping is the day you least want to get it done. Many of the items you most want to buy for loved ones for the holidays should be bought on Thanksgiving -- that is if you're an online shopper hoping to get the ...
Adobe Predicts Mobile Holiday Retail Purchases To Fall Short On Record Traffic  MediaPost Communications
Black Friday may not be dead, but could be dying  Columbus Telegram
Amazon Takes Hit as Costs Surge Inc. posted its lowest quarterly profit in a year as it invested heavily to meet consumer demand for more orders delivered faster.
Here Are the Top Five Takeaways From Amazon's Latest Earnings  Fortune
ETFs to Watch Post Amazon's Q3 Earnings Miss
Gannett, Tronc stocks sink on report banks have pulled out of merger talks
Specialist Michael Cacace, foreground right, works in 2014 at the post that handles Gannett stock on the floor of the New York Stock Exchange.
New York Times Shares Settle at 52-Week Low Ahead of Earnings  24/7 Wall St.
Gannett and Tronc shares tank on speculation deal is off  Poynter (blog)
Amazon Spooks Investors With Big Spending Ahead of Holidays Inc. reminded investors it's still willing to spend lavishly on products or areas that could be the next big thing -- whether video streaming, automated personal assistants or a toehold in emerging markets -- even if it means thinner profit ...
Amazon Drops 6% on Margin Shortfall; Bulls Insist Spend is Worth It  Barron's (blog)
Why Amazon's Holiday Season Forecast Is Disappointing Investors  Fortune