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  • Feds investigate steering in Hyundai Santa Fe Friday, 12 Oct 2012 | 8:33 AM ET

    The National Highway Traffic Safety Administration says a fastener can come loose, causing the steering shaft to come part and drivers to lose control of the vehicle. It will determine if the problem is bad enough for Hyundai to recall the SUVs. Hyundai also got a complaint that a loose bolt caused a similar problem.

  • Man headed to prison in NYC Torah fraud case Friday, 12 Oct 2012 | 8:33 AM ET

    NEW YORK-- A Jewish charity co-founder who billed himself as a "Jewish Indiana Jones" bent on rescuing vintage Torahs across the globe was sentenced to more than four years in prison on Thursday for conning donors out of about $1 million. Menachem Youlus told a judge in federal court in Manhattan that he was ashamed of his scam, but still hoped for leniency.

  • AZ Senate hopefuls wage air war for women, Latinos Friday, 12 Oct 2012 | 8:32 AM ET

    WASHINGTON-- An old feud and the race for women voters took center stage in a tight Arizona Senate race Thursday, with Republican Rep. Jeff Flake citing the grudge in a new ad alleging that Democrat Richard Carmona lacks the temperament for the job. Richard Carmona should never, ever be in the U.S. Senate. "

  • Wells Fargo earnings rise in 3Q as loan book grows Friday, 12 Oct 2012 | 8:32 AM ET

    Wells Fargo posted record earnings in the third quarter as the bank increased mortgage lending and pocketed more fees. "Real estate is getting better," Wells Fargo chairman, CEO John Stumpf said on a call with analysts. " Wells' net income in the quarter ended Sept. 30 rose 23 percent, to $4.72 billion from $3.84 billion in the same period last year.

  • CDC: Meningitis outbreak growing, 14 people dead Friday, 12 Oct 2012 | 8:30 AM ET

    J. Todd Weber of the Centers for Disease Control and Prevention said as the death toll reached 14.. The other case is an ankle infection discovered in Michigan; steroid shots also can be given to treat aching knees, shoulders or other joints.

  • RPT-TABLE-U.S. Sept producer prices rose 1.1 pct Friday, 12 Oct 2012 | 8:30 AM ET

    Oct 12- U.S. Labor Department monthly producer price index:.

  • TABLE-U.S. Sept producer prices rose 1.1 pct Friday, 12 Oct 2012 | 8:30 AM ET

    Oct 12- U.S. Labor Department monthly producer price index:.

  • WASHINGTON, Oct 12- U.S. producer prices rose more than expected in September as the cost of energy surged, a government report showed on Friday, but underlying inflation pressures were muted. The Labor Department said its seasonally adjusted Producer Price Index increased 1.1 percent last month.

  • CHICAGO, Oct 12- There aren't too many places left to look for higher yields these days.

  • UPDATE 1-STMicro rallies on report of breakup Friday, 12 Oct 2012 | 8:28 AM ET

    MILAN/ PARIS, Oct 12- Shares in STMicroelectronics rallied more than 17 percent on Friday after Bloomberg reported Europe's top semiconductor maker was considering a breakup that could lead to the sale of its struggling mobile-phone chip business. Bloomberg cited Samsung Electronics as a potential buyer for STMicro's digital assets.

  • Oct 12- Wells Fargo& Co on Friday reported a 22 percent increase in third-quarter profit on a surge in mortgage lending. Wells Fargo, the largest U.S. home lender, posted mortgage banking revenue of $2.8 billion, up more than 50 percent from a year ago.

  • Japan: US pact deters clash with China over isles Friday, 12 Oct 2012 | 8:28 AM ET

    WASHINGTON-- Japan said Thursday its security alliance with the U.S. is an important deterrent against conflict breaking out between China and Japan over disputed islands. Japan's ambassador to Washington Ichiro Fujisaki said that he trusts the leaders of China and Japan will avoid a war.

  • Oct 12- Cleaning services company Ecolab Inc. St. Paul, Minnesota- based Ecolab will pay about $1.7 billion in cash and issue about 8 million shares to Champion, subject to certain adjustments at and after closing. Houston- based Champion, whose competitors include Schlumberger NV, Halliburton Co and Baker Hughes Inc, had sales of $1.2 billion last year, Ecolab said.

  • TOKYO, Oct 12- China argued on Friday that the yuan is close to its equilibrium level as the central bank has "dramatically reduced" its intervention in currency markets, rebutting criticism that Beijing suppresses the currency to help exports.

  • Crews to search for 4th victim in garage rubble Friday, 12 Oct 2012 | 8:22 AM ET

    MIAMI-- Crews planned to resume their search Friday morning for a man still missing two days after a parking garage collapsed at Miami Dade College's west campus, killing three construction workers. The search was expected to get under way around 8 a.m. Friday.

  • 91-year-old Ala mayor admits to $201K theft Friday, 12 Oct 2012 | 8:21 AM ET

    BIRMINGHAM, Ala.-- A 91- year-old woman who pleaded guilty Thursday to stealing $201,000 from the south Alabama town where she was mayor for three decades paid hush money in a bid to keep her crimes secret, documents showed. Prosecutors said River Falls Mayor Mary Ella Hixon pleaded guilty to theft and resigned.

  • Wash. could become first state to OK pot sales Friday, 12 Oct 2012 | 8:21 AM ET

    SEATTLE-- Washington state is on the verge of becoming the first in the nation to let adults over 21 buy taxed, inspected marijuana at state-licensed shops.

  • Republican groups turning focus to House races Friday, 12 Oct 2012 | 8:20 AM ET

    Outside groups have spent about $60 million trying to help GOP candidates since June 1 and about $49 million trying to help out Democratic candidates, according the Sunlight Foundation.

  • Violent street gang: US targets finances of MS-13 Friday, 12 Oct 2012 | 8:19 AM ET

    The Treasury Department formally designated MS-13, or Mara Salvatrucha, a transnational criminal organization.

  • Mont. Indians sue over lack of election services Friday, 12 Oct 2012 | 8:18 AM ET

    HELENA, Mont.-- Fifteen Native Americans are suing state and county officials over a lack of election services on three Montana reservations, saying their inability to vote early or register late there is an unconstitutional denial of equal voting access.