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  • 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.

  • *Nigeria jails anti-graft officers for bribe-taking Friday, 5 Oct 2012 | 12:27 AM ET
  • 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.

  • India's Kingfisher halts flights for another week Friday, 5 Oct 2012 | 12:26 AM ET

    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.

  • 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.

  • Gordon's sponsor signs 1-year contract extension Friday, 5 Oct 2012 | 12:20 AM ET

    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.

  • Astros let radio broadcast team go Friday, 5 Oct 2012 | 12:18 AM ET

    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.

  • 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.