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  • US unemployment falls to 7.8 pct., a 44-month low Friday, 5 Oct 2012 | 11:53 AM ET

    WASHINGTON-- The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years and giving President Barack Obama a potential boost with the election a month away.

  • Obama: Jobs report shows economy is on right track Friday, 5 Oct 2012 | 11:42 AM ET

    FAIRFAX, Va.-- President Barack Obama says an encouraging jobs report shows that the country has made too much progress to turn back to the policies that he says led the nation into an economic crisis. At a campaign event in suburban Washington, Obama said the report was "a reminder that this country has come too far to turn back now."

  • FAIRFAX, Virginia, Oct 5- President Barack Obama on Friday hailed the drop in the U.S. jobless rate in September to the lowest level since he took office as a "a reminder this country has come too far to turn back now."

  • Obama takes a second crack at Romney tax plan Friday, 5 Oct 2012 | 11:25 AM ET

    AIRING: This ad by the Obama campaign is airing in the closely contested states of Colorado, Florida, Iowa, New Hampshire, Nevada, Ohio and Virginia. SCRIPT: Republican nominee Mitt Romney said in the first presidential debate that he's "not in favor of a $5 trillion tax cut. It cuts to an image of NBC News reporter Andrea Mitchell citing the Tax Policy Center report.

  • 22 specialty crops projects in Va. receive grants Friday, 5 Oct 2012 | 11:21 AM ET

    RICHMOND, Va.-- Twenty-two projects that will promote Virginia's specialty crops have received federal funding. The Department of Agriculture and Consumer Services says the $496,000 in grant money is for crops ranging from wine grapes to Christmas trees. The individual grants range from $5,000 to $30,000.

  • Fatal parasail accidents renew calls for rules Friday, 5 Oct 2012 | 10:54 AM ET

    The Parasail Safety Council, which tracks injuries and deaths nationwide, reports more than 70 people have been killed and at least 1,600 injured between 1982 and 2012, out of an estimated 150 million parasail rides during those 30 years.

  • VIT supporters defend record running Va. ports Friday, 5 Oct 2012 | 10:25 AM ET

    NORFOLK, Va.-- Virginia International Terminals Inc. defended its record as the operator for the Virginia Port Authority on Thursday, saying its past success is irrefutable. The state created Virginia International Terminals in 1983.. VIT promotes Virginia and Virginia only, "said Joseph Ruddy, executive vice president for Virginia International Terminals.

  • Romney shifts to center as his confidence grows Friday, 5 Oct 2012 | 10:23 AM ET

    WASHINGTON-- Republican presidential nominee Mitt Romney is shifting sharply to the political center as he begins to deliver a closing argument aimed at a slice of moderate, undecided voters a month before Election Day.

  • Romney on '47 percent': I was 'completely wrong' Friday, 5 Oct 2012 | 10:19 AM ET

    FISHERSVILLE, Va.-- Republican presidential candidate Mitt Romney has described his disparaging remarks about the 47 percent of Americans who don't pay federal income taxes as "not elegantly stated." Now he's calling them "just completely wrong."

  • Recalled steroid in outbreak went to 23 states Friday, 5 Oct 2012 | 9:18 AM ET

    The steroid medication suspected in an outbreak of a rare kind of meningitis was shipped to 23 states, according to the Centers for Disease Control and Prevention. The specialty pharmacy that made the steroid, New England Compounding Center of Framingham, Mass., recalled three lots of the drug last week and has shut down operations.

  • Some answers about meningitis outbreak Friday, 5 Oct 2012 | 9:17 AM ET

    Federal and state health officials are investigating an outbreak of a rare and deadly form of meningitis. Most of the cases are in Tennessee, the rest in Florida, Indiana, Maryland, North Carolina and Virginia. A: A specialty pharmacy, New England Compounding Center in Framingham, Mass., custom-made the steroid.

  • Clinics rush to warn patients of tainted steroid Friday, 5 Oct 2012 | 9:15 AM ET

    The Food and Drug Administration urged physicians not to use any products at all from the Massachusetts pharmacy that supplied the preservative-free methylprednisolone acetate.

  • 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.

  • Oct 5- Fitch Ratings has affirmed the Issuer Default Ratings of WGL Holdings, Inc.. and Washington Gas Light Company at' A+'. For the latest 12 months period ending June 30, 2012, WG comprised 81.6% of consolidated EBITDA.

  • *Little change from 8.1 percent jobless rate expected* 8.4 percent would be a blow, 7.9 would boost Obama* Next report, for October, just before Election Day By Patricia Zengerle.

  • The outbreak was first reported in Tennessee, where three people have died and 25 of the cases have been reported. "We do know there were over 700 patients in Tennessee who were exposed," said Dr.

  • NASHVILLE, Tenn., Oct 4- A steroid medication linked to the death of at least five people from rare fungal meningitis may have been administered to patients in 23 states, the U.S. Centers for Disease Control said on Thursday, raising fears the rare outbreak could spread.

  • SpaceX encore: 2nd private space station shipment Thursday, 4 Oct 2012 | 4:47 PM ET

    CAPE CANAVERAL, Fla.-- A private company is headed back to the International Space Station. Forecasters said Thursday there's a 60 percent chance of favorable conditions for the 8:35 p.m. launch from Cape Canaveral. This is the California company's first official launch under a $1.6 billion contract with NASA.

  • *Next report, for October, just before Election Day. WASHINGTON, Oct 4- President Barack Obama has survived months of lackluster reports on the nation's unemployment with little effect on his approval ratings or his poll lead over Republican rival Mitt Romney, but that could change on Friday.

  • NEW YORK, Oct 4- A billionaire's lawsuit over wine said to be owned by Thomas Jefferson has died on the vine. A federal appeals court in New York ruled on Thursday that William Koch, the founder of Oxbow Group energy company, had waited too long to file a lawsuit against Christie's auction house.