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  • Olive Garden revamps for the modern family Friday, 5 Oct 2012 | 6:40 AM ET

    NEW YORK-- Olive Garden is tossing out its famous "When You're Here, You're Family" slogan to cater to a more modern lifestyle. It was a very stereotypical Italian family dinner, "said Jay Spenchian, executive vice president of marketing at Olive Garden.

  • German orders down 1.3 percent in August Friday, 5 Oct 2012 | 6:04 AM ET

    BERLIN-- Government data show that industrial orders in Germany, Europe's biggest economy, were down 1.3 percent in August compared with the previous month _ a decline led by slacker demand at home. The Economy Ministry said Friday that the drop followed a slight 0.3 percent gain in July.

  • Markets await key US jobs figures Friday, 5 Oct 2012 | 5:51 AM ET

    In Europe, the FTSE 100 index of leading British shares was up 0.3 percent at 5,846 while Germany's DAX rose 0.5 percent to 7,342. The CAC-40 in France was 0.7 percent higher at 3,427.. The price of oil was steady after advancing in the wake of concerns of rising tensions between Turkey and Syria _ the benchmark New York rate was 74 cents lower at $90.95 a barrel.

  • Germany's Merkel to visit Greece next week Friday, 5 Oct 2012 | 5:41 AM ET

    BERLIN-- German Chancellor Angela Merkel will travel to Greece next week for the first time since the debt crisis erupted to meet the country's prime minister _ who warned Friday that Athens will run out of money at the end of November if it doesn't receive the next part of its bailout loans.

  • SAfrica: Body of striking platinum miner found Friday, 5 Oct 2012 | 5:11 AM ET

    JOHANNESBURG-- A strike leader says the body of a mineworker was found near an Anglo American Platinum mine in Rustenburg. Mary Jane Morifi, a spokeswoman for Anglo American Platinum, the world's top producer or platinum, declined to comment, saying a statement would be issued later Friday.

  • World stocks higher ahead of US jobs report Friday, 5 Oct 2012 | 4:52 AM ET

    BANGKOK-- Better-than-expected U.S. economic data helped boost stock markets Friday ahead of a monthly report on employment in the world's top economy. Government figures showing the number of Americans seeking unemployment benefits for the first time rose to 367,000 last week.

  • Romney's Medicare plan raises cost questions Friday, 5 Oct 2012 | 4:16 AM ET

    WASHINGTON-- Mitt Romney's Medicare plan won't try to control costs by limiting the payments that future retirees would use to buy private health insurance, aides say. Reining in costs is vital to keeping Medicare affordable, and in their plans both President Barack Obama and Romney's running mate, Paul Ryan, set limits on the growth of future spending.

  • Greek PM says country's till will empty by end-Nov Friday, 5 Oct 2012 | 3:47 AM ET

    BERLIN-- Greece will run out of money at the end of November if it doesn't receive the next planned installment of its bailout loans, the country's prime minister has said. Greece has relied on bailouts from increasingly impatient international creditors since May 2010.

  • In wake of debate, weak job numbers expected Friday, 5 Oct 2012 | 3:28 AM ET

    WASHINGTON-- With President Barack Obama knocked off stride and the election looming, the government is issuing new unemployment data likely to underscore the slow economic recovery and ensure that jobs remain the top issue of the presidential campaign.

  • US unemployment rate likely rose on weak hiring Friday, 5 Oct 2012 | 3:01 AM ET

    WASHINGTON-- With a month to go until the presidential election, the government on Friday issues its September jobs report, expected to show an uptick in the U.S. unemployment rate after employers added only a modest number of jobs. The Labor Department issues the jobs report at 8:30 a.m. EDT.

  • BOJ defies pressure, interest rates unchanged Friday, 5 Oct 2012 | 2:18 AM ET

    TOKYO-- Japan's central bank has ended its latest policy meeting Friday with no changes in its key interest rate or asset buying program, 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.

  • Asia stocks higher ahead of US jobs report Friday, 5 Oct 2012 | 1:54 AM ET

    Japan's Nikkei 225 index was 0.2 percent higher to 8,844.93 after the Bank of Japan announced no change in the country's key interest rate following a two-day policy meeting. Benchmarks in Singapore, Indonesia and New Zealand rose.

  • Oil slips after posting biggest gain in 2 months Friday, 5 Oct 2012 | 1:36 AM ET

    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.

  • Malta hosts first Europe-Arab summit in a decade Friday, 5 Oct 2012 | 1:02 AM ET

    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.

  • Bass Pro Shops signs with Tony Stewart Friday, 5 Oct 2012 | 12:51 AM ET

    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.

  • News Summary: Calif. gas prices jump by 20 cents Friday, 5 Oct 2012 | 12:42 AM ET

    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.

  • BOJ defies pressure; interest rates unchanged Friday, 5 Oct 2012 | 12:37 AM ET

    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.

  • Japanese firm buys Montana pharmaceutical company Friday, 5 Oct 2012 | 12:36 AM ET

    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.

  • News Summary: Kingfisher halts more flights Friday, 5 Oct 2012 | 12:34 AM ET

    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.

  • 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.