A British vote to leave the European Union would hit large German banks, the head of German financial watchdog Bafin said. » Read More
By early afternoon in Europe, benchmark oil for November delivery was down 70 cents to $91.01 a barrel in electronic trading on the New York Mercantile Exchange. On Thursday, tensions between Syria and Turkey gave oil prices their biggest jump in two months. Oil settled at $91.71 per barrel, up by $3.57, or 4 percent, in New York.
On the sideline of the summit, French President Francois Hollande said it was up to Spain, not the European Union, to determine whether Spain requires financial assistance from Europe to solve its serious financial difficulties.
TALLADEGA, Ala.-- Tony Stewart insisted he wasn't trying to poach a sponsor when he approached Bass Pro Shops about an opportunity to join his race team. The three-time NASCAR champion has a long relationship with Bass Pro founder Johnny Morris, and knew the contract with Earnhardt Ganassi Racing expired at the end of this season.
CALIFORNIA CRUNCH: Californians woke up to a shock Friday as overnight gasoline prices jumped by as much as 20 cents a gallon. SUPPLIES DRY UP: In many areas, prices have jumped 40 cents in a week as refinery problems have created shortages and helped send wholesale prices soaring.
TOKYO-- Japan's central bank has ended its latest policy meeting with no change in the country's key interest rate, resisting government pressure for further easing. The Bank of Japan said in a statement Friday that it expected the world's third-largest economy to "level off" for now, with inflation at about 0 percent.
BOZEMAN, Mont.-- A Japanese pharmaceutical company is acquiring Bozeman- based LigoCyte Pharmaceuticals in a $60 million deal to expand its vaccine division, Takeda Pharmaceutical Co. announced.
GROUNDED: India's Kingfisher Airlines has extended its shutdown and won't fly any planes for another week unless it can convince pilots and engineers who haven't been paid for months to return to work.
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.
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.
MUMBAI, India-- India's Kingfisher Airlines has extended its shut-down and won't fly any planes for another week, unless it can convince pilots and engineers who haven't been paid for months to return to work. India's airline regulator is worried about safety standards because engineers are on strike and can't certify that the planes are safe to fly.
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.
TALLADEGA, Ala.-- Jeff Gordon and Hendrick Motorsports announced a contract extension Thursday through 2014 with sponsor AARP and AARP Foundation. Gordo, a four-time NASCAR champion, has helped deliver food to food banks and actively supported the cause since partnering with the campaign.
HOUSTON-- The Houston Astros say they'll have a new radio broadcast team next season. In a statement issued Thursday, the Astros say they've begun a search for a successor to veteran broadcaster Milo Hamilton, who announced that 2012 would be his last season as lead play-by-play announcer.
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.
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.
BALTIMORE-- Maryland lottery officials say revenue at the Hollywood Casino in Perryville dropped more than a third in September compared to the year before. The Maryland Lottery announced the figures Friday, saying the Perryville casino took in $3.3 million less last month than last September with revenue dropping to $5.9 million.
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.
SAO PAULO-- The man who has headed the Olympic movement in Brazil for decades and helped bring the Summer Games to Rio de Janeiro is set to extend his rule amid increased criticism and accusations of wrongdoing.
TALLADEGA, Ala.-- Kyle Busch apologized Thursday to manufacturer Toyota Motor Corp. for his profanity-laced rant about the fuel mileage at Dover. Busch unleashed a string of profanities directed at Toyota on his in-car radio, and did not do media interviews after the race.