Global Glance: China’s overseas takeover meets resistance; US economy grows in third quarter

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Here are today’s top business headlines from across the nation and world:

China’s overseas takeover spree meets growing resistance

HONG KONG (AP) — Corporate China’s global shopping binge barreled on this week with more multibillion dollar deals, but Beijing is starting to discover that there are limits to what its money can buy. In recent days German and European Union officials have moved to tighten up scrutiny or even block high-profile acquisitions in the latest sign of growing opposition to Chinese purchases of companies in key industries due to national security or competition concerns. Read more

US economy grew at 2.9 percent rate in third quarter

WASHINGTON (AP) — The U.S. economy grew at a 2.9 percent rate in the July-September quarter, the strongest pace in two years, as the battered export sector rebounded and businesses finally began restocking their shelves at a faster clip. The third-quarter gross domestic product, the broadest measure of economic health, was double the 1.4 percent pace in the second quarter, the Commerce Department reported Friday. Read more

Rising star: YouTube playing key role in Google’s success

SAN FRANCISCO (AP) — YouTube has emerged as a break-out star in Google’s cast of services as the online video site upstages cable television for a younger generation of viewers looking for amusement, news and music on their smartphones. The trend is contributing to an advertising shift away from traditional network television programming to the more eclectic and diversified mix of clips ranging from cute cat videos to sobering shots of street violence found on YouTube. Read more

Police evict oil pipeline protesters from private land

CANNON BALL, N.D. (AP) — A months-long protest over the Dakota Access oil pipeline reached its most chaotic pitch yet when hundreds of law enforcement officers moved in to force activists off private property. Thursday’s nearly six-hour operation dramatically escalated the dispute over Native American rights and the project’s environmental impact, with officers in riot gear firing bean bags and pepper spray. Read more

Apple adds keyboard touch functions to Mac in major refresh

CUPERTINO, Calif. (AP) — Apple’s high-end Mac laptops are getting a touch control strip above the keyboard, part of a long-awaited update aimed at reviving interest in a product often overshadowed by newer gadgets like the iPad and iPhone. The new Touch Bar, which is both a narrow display and a control panel, replaces the old physical function keys on a traditional laptop. It will offer a variety of controls that change according to the app or website that’s open. It also has functions that will be familiar to many iPhone users – showing word suggestions as you type, for example, or letting you scroll through a library of emojis. Read more

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