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Altria to close 2 tobacco facilities affecting 580 workers

The Associated Press  |  Posted  Oct 27th - 8:20am

Altria, the maker of Marlboro cigarettes, said Thursday that it will close two of its manufacturing facilities by early 2018, affecting about 580 workers.

Weed as way of life: California farmers divided on legal bud

Paul Elias, Associated Press  |  Posted  Oct 27th - 8:20am

Laura Costa's son and husband moved quickly with the pruning shears to harvest the family's fall marijuana crop, racing along with several workers to cut the plants and drop them in plastic bins ahead of an impending storm.

More Americans sign contacts in September to buy homes

Josh Boak, Associated Press  |  Posted  Oct 27th - 8:13am

More people signed contracts to purchase homes in September, an increase that likely points to rising sales in the closing months of 2016.

Ford's 3Q profit falls on recall, truck launch

Dee-Ann Durbin, Associated Press  |  Posted  Oct 27th - 8:11am

Troubles in Ford Motor Co.'s home market — including a massive recall and the difficult launch of new heavy-duty pickups — are hurting the company's bottom line.

Health care leads US stocks higher on solid earnings

Marley Jay, Associated Press  |  Posted  Oct 27th - 8:10am

U.S. stocks are edging higher Thursday morning as health care companies rise following strong earnings for companies including drugmaker Bristol-Myers Squibb. Real estate companies continue to fall, and banks move higher as bond yields surge. Chipmaker Qualcomm said it will buy competitor NXP Semiconductors for $38 billion.

Applications for US unemployment benefits fall to 258,000

Christopher S. Rugaber, Associated Press  |  Posted  Oct 27th - 7:51am

Fewer Americans sought unemployment aid last week, a sign that businesses are holding onto their workers and hiring is likely solid.

Twitter slashes staff with revenue under pressure

Barbara Ortutay, Associated Press  |  Posted  Oct 27th - 7:25am

Twitter, seemingly unable to find a buyer and losing money, is cutting about 9 percent of its employees worldwide.

US goods orders dip in September with investment down

Martin Crutsinger, Associated Press  |  Posted  Oct 27th - 7:10am

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.

Volkswagen raises earnings outlook as it returns to profit

David McHugh, Associated Press  |  Posted  Oct 27th - 7:10am

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.

Oil pipeline protesters brace for confrontation with police

James MacPherson and Blake Nicholson, Associated Press  |  Posted  Oct 27th - 7:01am

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.

UPS 3Q profit up 1 percent as US revenue increases

The Associated Press  |  Posted  Oct 27th - 6:50am

UPS said Thursday that third-quarter profit inched slightly higher on growing revenue in the U.S. and a more profitable international delivery business.

Post-election unity? Clinton and Trump won't say yet

Lisa Lerer and Ken Thomas, Associated Press  |  Posted  Oct 27th - 6:40am

With a dozen days left until Election Day, Donald Trump and Hillary Clinton are refusing to commit to working with each other after the election, putting in question their abilities to heal the country's wounds after a volatile presidential race.

Applications for US unemployment benefits fell last week to 258,000, a sign layoffs are rare

The Associated Press  |  Posted  Oct 27th - 6:31am

Applications for US unemployment benefits fell last week to 258,000, a sign layoffs are rare.

Election year fatigue? Blame it in part on the race of 1840

Hillel Italie, Associated Press  |  Posted  Oct 27th - 6:30am

Presidential elections are a foundation of American democracy dating back to George Washington.

Sale or no sale, changes could come to Twitter users

Barbara Ortutay, Associated Press  |  Posted  Oct 27th - 6:12am

Sale or no sale, Twitter users are bound to see changes as the beleaguered communications service tries to broaden its appeal to more people and advertisers.

The Latest: FAA restricts flights in pipeline protest area

The Associated Press  |  Posted  Oct 27th - 6:11am

The Latest on the Dakota Access oil pipeline protest (all times local):

NJ Transit hiring consultant to address safety concerns

The Associated Press  |  Posted  Oct 27th - 6:11am

New Jersey Transit is hiring a former Metro-North president to help it meet federal rail safety requirements.

World stock markets cautious amid company earnings

Kelvin Chan, Associated Press  |  Posted  Oct 27th - 6:02am

Global stock markets were steady on Thursday as investors weighed a mixed batch of corporate earnings reports and economic data.

Belgian deal clears way for EU-Canada free trade pact

Raf Casert, Associated Press  |  Posted  Oct 27th - 5:50am

A landmark free trade agreement between the European Union and Canada could be signed within days after the Belgian government overcame an impasse with its regional authorities on Thursday.

Chip maker Qualcomm buying NXP Semiconductors in $38.1B deal

The Associated Press  |  Posted  Oct 27th - 5:31am

Smartphone chipmaker Qualcomm is buying NXP Semiconductors N.V. in a deal valued at approximately $38 billion.