×

Top News & Analysis North America

  • NEW YORK, Oct 5- U.S. The U.S. Labor Department said the unemployment rate fell to a four-year low of 7.8 percent in September, down from 8.1 percent in August, as 114,000 jobs were added. "The big shock was the drop in the rate, the consensus number was right in line," said Sean Murphy, a Treasuries trader at Societe Generale in New York.

  • WASHINGTON-- Americans boosted their borrowing in August by the largest amount in three months with strong gains in the category that covers auto and student loans and in credit card debt. The August borrowing gains reflected a $4.2 billion increase in borrowing on credit cards and a $13.9 billion increase in auto and student loans.

  • SAN FRANCISCO, Oct 5- Consumer Reports, the influential reviewers' group that blasted the iPhone 4 for a faulty antenna, on Friday gave Apple Inc's latest smartphone a thumbs-up despite echoing widespread complaints about its patchy mapping service.

  • LITTLE ROCK, Ark.-- The Arkansas Department of Human Services says 25 hospitals have received $4.1 million in bonus payments for improving the quality of care that patients receive. Arkansas Medicaid handed out the awards to hospitals as part of its pay-for-performance Inpatient Quality Incentive program.

  • NEW YORK, Oct 5- The S&P 500 eased from 5- year highs hit after a strong U.S. jobs report and traded slightly lower on Friday as investors booked profits before the start of third-quarter earnings season next week. The Dow Jones industrial average gained 20.46 points, or 0.15 percent, to 13,595.82.

  • NORTH CHARLESTON, South Carolina, Oct 5- R epresentatives from Air India took delivery on Friday of the first Boeing Co 787 Dreamliner made in South Carolina and the first manufactured outside Boeing Commercial Airplane's headquarters in Washington state.

  • SAN FRANCISCO-- An unusual convergence of sporting and entertainment events in San Francisco this weekend promises to bring up to a million extra people into the densely populated bayside city.

  • TOPEKA, Kan.-- An attorney for a Kansas woman who challenged a limit on damages for pain and suffering in lawsuits says a state Supreme Court ruling against his client is unjust. Kansas law limits damages for non-economic losses such as pain and suffering to $250,000 in personal injury lawsuits.

  • *MPs await trial, face up to 20 years in jail* Defence lawyer slams charges as politically motivated* Passions simmer in Kyrgyzstan's restive south* Attacks on Canadian firm may scare foreign investors By Olga Dzyubenko.

  • DETROIT-- U.S. safety regulators are investigating complaints that Honda Odyssey minivans and Pilot SUVs can roll away after drivers remove the ignition key. The probe by the National Highway Traffic Safety Administration affects more than 577,000 older-model vehicles, which were big sellers with families because of their space and reputation for quality.

  • NEW YORK-- Shares of business software maker Informatica Corp. made a small rebound Friday after losing more than 20 percent of their value a day earlier following the company's disappointing third-quarter forecast. THE SPARK: On Thursday, Informatica forecast a smaller profit and less revenue than analysts had expected.

  • NEW YORK, Oct 5- U.S. crude futures fell 2 percent on Friday and posted a loss for the week as a fragile global economy and uncertainty about Europe's debt crisis countered any support from a better-than-expected U.S. employment report. November crude fell $1.83, or 2.0 percent, to settle at $89.88 a barrel, having traded from $89.01 to $91.71.

  • NEW YORK-- Shares of The Medicines Co. slumped Friday after the company said it was ending development of a drug designed to reduce bleeding during surgery because of safety concerns. THE SPARK: After the market closed on Thursday, Medicines Co. said it was ending development of MDCO-2010 because of "serious unexpected patient safety issues."

  • JACKSON, Miss.-- A woman suing a south Mississippi city for her arrest while protesting the BP oil spill has filed a new complaint that claims she was arrested again for no reason in retaliation for the lawsuit. Sandra Howard sued the city of Long Beach and officers Shawn Johnson and Melissa Peterson on Nov. 18, 2011.

  • from Bureau of Land Management. *Says facility construction will start this month at the Lost Creek project. *Says first production from Lost Creek is forecast for early summer of 2013.

  • *GM will keep Oshawa, Ontario, line open for an extra year. Oct 5- General Motors of Canada said on Friday it will add a third shift to the flexible manufacturing line at its assembly plant in Oshawa, Ontario, so that it can meet demand for its Chevrolet Impala sedan.

  • BRISTOL, Conn.-- ESPN will stream Kontinental Hockey League games online as NHL stars play overseas during the lockout. NHL players in the Russian-based league include Alex Ovechkin, Ilya Kovalchuk and Evgeni Malkin.

  • *May apply sanctions on Iran central bank transactions. *Aimed at pressuring Iran to rein in nuclear program. WASHINGTON, Oct 5- Lawmakers in the U.S. Congress are looking at ways to expand economic sanctions on Iran, measures that have helped push the country's currency into free fall but have not yet pressured Tehran to abandon its nuclear program.

  • NEW YORK-- Meryl Streep has donated $1 million to The Public Theater in honor of both its late founder, Joseph Papp, and her friend, the author Nora Ephron. The announcement was timed to Thursday's unveiling of the nonprofit's $40 million face-lift to its 158- year-old headquarters in Astor Place.