U.S. Economy Grows at 2% Annual Rate

Oct. 26 (Bloomberg) -- The U.S. economy expanded more than forecast in the third quarter, paced by a pickup in consumer spending, a rebound in government outlays and gains in residential construction. Gross domestic product rose at a 2 percent annual rate after climbing 1.3 percent in the prior quarter, Commerce Department figures showed today. Michael McKee and Betty Liu report on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Former CEO of PT Berau Refuses to Leave His Office
09:35 - There are new twists in the tale of Indonesian coal miner Berau with a former director refusing to leave his position or his office. At the same time, shares of its parent company, Asia Resource Minerals, have been suspended in London. Bloomberg’s Haslinda Amin reports on “Trending Business.” (Source: Bloomberg)
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