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  • *Supportive U.S. data offset by weak China, Europe reports. NEW YORK, Oct 5- Oil prices fell on Friday and headed for a weekly loss as a fragile global economy and uncertainty about Europe's debt crisis countered any support from a better-than-expected U.S. employment report.

  • Oct 5- RBC Wealth Management, a division of the Royal Bank of Canada, said on Friday it hired a veteran adviser and manager from UBS Wealth Management Americas, the brokerage owned by the Swiss Bank UBS AG. Rabbe joined RBC as a branch director based in Burlington, Massachusetts, also overseeing the firm's satellite office in Andover.

  • *Zynga shares slide after warning, Facebook slips. *Sprint could counterbid on PCS- sources. Labor Department data showed the jobless rate dropped by 0.3 percentage point in September to 7.8 percent, its lowest since January 2009.

  • JERUSALEM, Oct 5- An American man opened fire in an Israeli seaside hotel packed with tourists on Friday after losing his job there, killing one person before being shot dead in a stand-off with security forces.

  • Jobs report gives Obama much-needed boost Friday, 5 Oct 2012 | 12:29 AM ET

    FAIRFAX, Va.-- President Barack Obama celebrated much-needed good economic news Friday as the unemployment rate dropped to its lowest level since he took office. " Republican rival Mitt Romney retorted the president still hasn't done enough to help millions of people who are out of work.

  • Chinese artist Ai Weiwei gets Smithsonian showcase Friday, 5 Oct 2012 | 12:26 AM ET

    WASHINGTON-- Chinese artist Ai Weiwei, who helped design Beijing's Olympic Stadium and has since drawn tough scrutiny for his political activism, is opening the first North American retrospective exhibition of his work in Washington.

  • Study finds rise in gay characters on network TV Friday, 5 Oct 2012 | 12:25 AM ET

    ABC has the highest amount, with 10 out of 194, or 5.2 percent, of their regular characters identified as LGBT. CBS was saluted as much improved, with four out of 142 LGBT series regulars, or 2.8 percent, up from 0.7 percent last year.

  • CBS Sports Network releases schedule Friday, 5 Oct 2012 | 12:17 AM ET

    NEW YORK-- Teams from 16 conferences in 172 games are on CBS Sports Network's schedule for 2012-13.. The first games shown will be from the Paradise Jam in St. Thomas, Virgin Islands with Connecticut, and first-year coach Kevin Ollie, facing Wake Forest and UIC against New Mexico.

  • Cache tumbles on weak 3rd-quarter outlook Friday, 5 Oct 2012 | 12:16 AM ET

    NEW YORK-- Shares of Cache Inc. sank Friday after the women's clothing retailer announced disappointing preliminary results for the third quarter. Cache said it will lose 39 to 41 cents per share for the quarter ended Sept. 29, and its revenue will be down about 6 percent, to $45.8 million.

  • *Coming up: Baker Hughes rig data, CFTC trade data Friday. NEW YORK, Oct 5- U.S. natural gas futures turned mixed on Friday, with front-month contracts lightly pressured by Thursday's bearish storage report and forecasts for mild mid-month weather, while colder days expected next week helped limit the downside.

  • Analyst lifts Owens-Illinois rating, price target Friday, 5 Oct 2012 | 12:09 AM ET

    NEW YORK-- Shares of Owens-Illinois gained 5 percent on Friday as a Goldman Sachs analyst boosted the glass container company's rating and price target, citing a recent change to its capital allocation strategy. THE SPARK: Alex Ovshey raised Owens-Illinois Inc. to "Buy" from "Neutral" and increased its 12- month price target to $28 from $20.

  • --World Financial Network Credit Card Master Note Trust's issuance is an ABS securitization backed by a collateral certificate representing an ownership interest in the receivables held by World Financial Network Credit Card Master Trust.

  • *Danone keeps Vitasnella milk derivatives. *Mondelez makes over a third of sales in Europe. MILAN/ PARIS, Oct 5- Kraft Foods Europe, which is being integrated in spun-off snack giant Mondelez International, is buying Italy's Vitasnella snack business from French foods maker Danone for an undisclosed sum as part of its consolidation plans in Europe.

  • U.S. online jobs demand eases in Sept Friday, 5 Oct 2012 | 12:01 AM ET

    NEW YORK, Oct 5- A gauge of online labor demand in the United States declined in September, though the number of jobs available was up from a year ago, the operator of a job search website said on Friday. Monster Worldwide Inc, an online careers and recruiting firm, said its employment index slipped 1.9 percent to 153 points last month from 156 in August.

  • TOKYO, Oct 5- Asian shares rose and the euro clung on to most of its overnight gains on Friday as investors awaited a key U.S. jobs report, sustaining a positive mood after the European Central Bank said it stands ready to buy bonds of troubled euro zone countries.

  • Oct 4- Dish Network Corp said the broadcasting arm of newspaper publisher Gannett Co Inc has threatened to withdraw broadcasting on the satellite TV provider if it does not block the commercial-skipping feature on its digital video recorders or agree to pay massive penalties.

  • SYDNEY, Oct 5- Australian shares gained 0.7 percent to a 14- month high on Friday, with mining stocks rising and the market supported by a fourth day of gains on Wall Street ahead of a U.S. payrolls report later in the day.

  • Asia stocks higher after US data beats consensus Thursday, 4 Oct 2012 | 10:32 PM ET

    South Korea's Kospi added 0.3 percent to 1,997.84 and Hong Kong's Hang Seng added 0.2 percent to 20,958.21. Benchmarks in Taiwan and New Zealand also rose. Later in the day, the Bank of Japan will announce the outcome of its two-day policy meeting.

  • UPDATE 4-Sprint weighs rival bid for MetroPCS -sources Thursday, 4 Oct 2012 | 10:20 PM ET

    *Sprint may wait until after T-Mobile/ MetroPCS deal- source. *Sprint came close to buying MetroPCS in February- sources. NEW YORK, Oct 4- Sprint Nextel Corp is considering making a rival bid for MetroPCS Communications Inc, which agreed on Wednesday to a merger with Deutsche Telekom AG's T-Mobile USA, according to people familiar with the situation.

  • Jay-Z to stream concert on his new YouTube channel Thursday, 4 Oct 2012 | 9:31 PM ET

    NEW YORK-- Jay-Z is live-streaming the last of his eight concerts at New York City's Barclays Center for the launch of his new YouTube channel. The rapper announced Thursday his performance at the new Brooklyn sports arena will be live-streamed on Saturday at 9:30 p.m. Eastern time.