The Two-Way
5:41 am
Thu November 7, 2013

At First Glance, Economy Grew More Than Expected In 3Q

Looking for work: The scene at a job fair in Emeryville, Calif., last month.
Justin Sullivan Getty Images

Originally published on Thu November 7, 2013 7:37 am

This post was updated at 8:40 a.m. ET

The U.S. economy grew at a better-than-expected 2.8 percent annual rate in the third quarter, the Bureau of Economic Analysis reported Thursday morning.

That's a bit faster than the 2.5 percent pace of the second quarter. According to the BEA, consumer spending, inventory investment and exports helped fuel slightly stronger growth.

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It's All Politics
5:03 am
Thu November 7, 2013

With Three Years Left To Go, Obama Remains On Defense

President Obama waves as he departs Love Field Airport after shaking hands with supporters Wednesday in Dallas.
Tony Gutierrez AP

Originally published on Thu November 7, 2013 10:13 am

Just a year after he won re-election, President Obama's second term is already feeling long and fairly fruitless.

It could get worse.

It's typical for second-term presidents to enter the doldrums, but in Obama's case the feeling that he can't accomplish very much set in early. The hopes he stated last year that his re-election would "break the fever" of unyielding Republican opposition to everything he proposed turned out to be misguided.

"The president is clearly at his weakest point in his presidency so far," says GOP consultant Whit Ayres.

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Parallels
5:01 am
Thu November 7, 2013

World Headlines: Guarded Optimism As Iran, West Meet Again

EU High Representative for Foreign Affairs Catherine Ashton speaks with Iranian Foreign Minister Javad Zarif before the start of two days of closed-door nuclear talks at the U.N. offices in Geneva, Switzerland, on Thursday.
Martial Trezzini EPA /LANDOV

Iran, Press TV

There's guarded optimism as the second round of talks between Iran and international powers over the Islamic republic's nuclear program got under way in Geneva.

Iranian Foreign Minister Javad Zarif met for an hour with Catherine Ashton, the EU's foreign policy chief, ahead of Thursday's talks. A tweet from Ashton's spokesman Michael Mann described the meeting as "good."

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The Two-Way
4:50 am
Thu November 7, 2013

CIA Pays AT&T For Data On International Calls, 'Times' Says

The seal of the CIA at the agency's headquarters in Virginia.
Greg E. Mathieson Sr. MAI/Landov

Originally published on Thu November 7, 2013 11:11 am

News keeps breaking about the alleged electronic surveillance done by U.S. spy agencies. Thursday's exclusive comes from The New York Times:

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Around the Nation
4:08 am
Thu November 7, 2013

Will Free Bacon Get A Crowd To Kansas State Basketball Game?

Transcript

DAVID GREENE, HOST:

Good morning, I'm David Greene. The women's basketball team at Kansas State is hoping for a sizzling season. For their home opener tomorrow night they're trying a new promotion - bacon - which evidently goes great with everything, including basketball. Students will get in for free and also get a boat of bacon, something resembling the paper container nachos are served in.

Space
4:00 am
Thu November 7, 2013

Olympic Torch On Its Way To International Space Station

The Olympic torch was launched into space on Wednesday night. It will accompany astronauts on a spacewalk before returning to Earth on Nov. 10.

The Two-Way
3:56 am
Thu November 7, 2013

Twitter Pops To $44.90 A Share In Debut On Wall Street

Will it fly? The Twitter bird logo was decorating a post on the floor of the New York Stock Exchange Wednesday.
Richard Drew AP

Originally published on Thu November 7, 2013 3:43 pm

6 p.m. ET: Twitter Shares Close At $44.90

At the end of its first day of public trading, shares of Twitter were valued at $44.90, reflecting a market value of more than $31 billion. The company sold 70 million shares of stock, raising $1.82 billion in the process.

Earlier Thursday, the company's shares soared from their initial public offering price of $26.

2:35 p.m. ET:

As you can see if you click on the player below, Twitter's stock has been trading around $47 a share in recent minutes.

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Business
1:46 am
Thu November 7, 2013

Most Remaining Blockbusters To Close In January

Originally published on Thu November 7, 2013 1:54 am

Blockbuster is going to shut all of its company-owned stores. Some franchise stores will stay open. At its peak, the video rental chain had about 9,000 stores.

NPR Story
1:43 am
Thu November 7, 2013

'Homesick Hijacker' To Appear In Miami Courtroom

Originally published on Thu November 7, 2013 2:11 am

Nearly 30 years ago, William Potts hijacked a plane to Cuba. He is scheduled to be in court in Miami on Thursday. It's the first time he's been in the U.S. for nearly three decades.

Middle East
1:43 am
Thu November 7, 2013

Suspicions Bog Down Talks On Iran's Nuclear Program

Originally published on Thu November 7, 2013 1:54 am

Negotiators from Iran and six world powers resume talks Thursday in Geneva on Iran's nuclear program. Iran's Supreme Leader says he's not optimistic, and U.S. officials say "no deal is better than a bad deal." Still, Iran's desire to get out from under crippling economic sanctions may drive progress forward despite the long odds.

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