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U.S. drill designed to reject China's claim around artificial island: officials

WASHINGTON A U.S. warship carried out a "maneuvering drill" when it sailed within 12 nautical miles of an artificial island built up by China in the South China Sea, to show it was not entitled to a territorial sea around it, U.S. officials said on Thursday.

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OPEC, non-OPEC extend oil output cut by 9 months to fight glut

VIENNA OPEC and non-members led by Russia decided on Thursday to extend cuts in oil output by nine months to March 2018 as they battle a global glut of crude after seeing prices halve and revenues drop sharply in the past three years. | Video

1:51pm EDT

Exclusive: Signs of more trouble in Ivory Coast as hidden hand saves mutineers

ABIDJAN When a rag-tag group of soldiers launched a mutiny in Ivory Coast earlier this month, it looked like they were doomed. A column of elite troops quickly descended to put the mutiny down. The rebels were running out of ammunition and the armories had been locked.

Africa, World, Ivory Coast 2:10pm EDT

Not a little list: EU draws up Brexit bill

BRUSSELS The European Union will next month demand Britain agree to pay a fixed percentage of the EU's outstanding obligations on the day it leaves the bloc, in defiance of a British rejection of that logic as "preposterous".

2:56pm EDT

Wall Street gains on upbeat retail results

NEW YORK U.S. stocks rose on Thursday, with the S&P 500 and Nasdaq Composite hitting new highs, helped by gains in the consumer discretionary sector after strong reports from Best Buy and other retailers.

3:14pm EDT

Jobless claims edge up; goods trade deficit widens

WASHINGTON The number of Americans filing for unemployment benefits rose slightly last week and the four-week moving average of claims hit a 44-year low, suggesting a further tightening of the labor market that could encourage the Federal Reserve to raise interest rates next month.

11:26am EDT
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Some Uber and Lyft riders are giving up their own cars: Reuters/Ipsos poll

SAN FRANCISCO Wally Nowinski got his first car when he turned 16 in Michigan, the home of the U.S. auto industry. But after two years of living in New York City, he sold his wheels, using ride services, carsharing and bike sharing to get around. | Video