tom's theory? that chris in a jealous rage about jennifer's old boyfriend, lost his temper, killed her, without meaning to, then got his frat brothers to help him hide the crime with the fire. gradually what emerged was a screenplay about one young man's terrible, deadly mistake. >> and for my closure, as strange as this may sound, i didn't want him to be a bad guy. this is something that happened that wasn't premeditated because in my mind that's the only way i could forgive him. >> why wouldn't you want to hate and seek out and see justice done to this person? >> because i got to live with myself every day. >> and then a decision that would come back to haunt him. tom wrote himself into his screenplay. since he was writing fiction, he says, he wanted to make a change. he didn't want it to seem like his beloved sister had a steady stream of men visiting her trailer, so he put himself in the place of scott snowden, that other boyfriend chris encountered just before jennifer's murder. >> this is som

good night, everyone, and good night to you, too, tom. >> tom: good night, susie. i'm tom hudson. good night, everyone. we hope to see all of you again tomorrow night. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> be more. pb

so tom, stock market investors can say they finally broke even for this year. >> tom: but susie the s&p 500 index just missed that distinction. still, it was an upbeat end to the week across the board. the dow closed the day up 166 points, the nasdaq added 47, and the s&p 500 was up almost 21 points. this week, the dow checked in with big rallies three days for a net overall gain of almost 5%. the nasdaq went five for five adding almost 8%. and the s&p 500 tacked on almost 6% on the week. >> susie: positive news about the consumer spending and retail sales also lifted investors' hopes. retail sales jumped in september as americans spent more on cars, clothing and gas. some analysts are worried it's simply a one month blip, not an encouraging open for holiday sales. erika miller previews what retailers can expect for the season. >> if you are looking for the start of the uniqlo line. it's at 51st street and 6th avenue. >> reporter: long lines are a retailers dream. but don't expect this to be the norm this holiday season. today just happens to be the opening of the new uniqlo flagship

this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> tom: good evening and thank you for watching. susie gharib is on assignment tonight. european leaders made progress today working to solve their debt troubles. they agreed to force their largest banks to increase their capital reserves. strengthening europe's banks is a crucial step to finally getting a grip on the debt crisis that has gripped the continent for almost two years. european summit leaders arrived to a red-carpet welcome in brussels for what turned out to be a long day of developing the euro debt crisis plan. today, leaders cleared a huge hurdle when the european central bank agreed to buy bonds of several troubled states. that opens the way for more cooperation among the nations. british prime minister david >> we need to have the greatest possible support for the most comprehensive solution possible, and

welcome back to nbr. >> thank you, tom. >> tom: finding bargains despite a 10% rise in s&p 500 since its october lows, have we come too far, too fast? >> i think the markets have made a reasonable recovery. and the news out this week was very supportive. the news. of course, came not only from the u.s. gross domestic product in the third quarter up 2.5%, but perhaps you're referring to the news out of europe, finally having to deal with the greek debt situation. is it big enough s it enough. >> we think this is a very strong step but a strong step and a long path. i think when you look at what's happening in europe, you are now able to provide liquidity. this should stabilize the markets. it should be supportive of the banks and the italian debt markets in particular. >> tom: does it change your investment strategy when it comes to european stocks? >> not really, because most of this was anticipated. and we expected some type of solution. this is still short term a good step. really hasn't changed anything from a valuation basis. and the prospects still look pretty good for a number

. >> tom, it's been a pleasure. thank you very much. here's what we're watching for tomorrow: quarterly results from chevron, cigna and merck. we'll also see september personal income and spending numbers. also tomorrow, the u.s. economy is growing and europe may solve its debt problem, but where should you be sending your investment dollars? we'll ask our market monitor. he's gary motyl, chief investment officer of templeton global equity. google is stepping up its competition against the king of the daily deals business, groupon. today, google unveiled big changes with its "google offers" division. it will now gather daily deals from at least 15 other sites, including gilt city-- which concentrates on the luxury market-- and juice in the city-- focused on moms. in 2010, the internet search giant tried to buy groupon for $6 billion but was rejected. groupon is now pitching an initial public stock offering to potential investors, hoping to raise $11 billion. thousands of women want to have a second go at walmart over discrimination. att

tom, that was much better than feared given all the talk about recession. >> tom: but susie, it's still going to take more than that to power up the stalled u.s. economy. the labor department said payrolls grew by 103,000 and the unemployment rate is still stuck at 9.1%. it turns out this summer may not have been quite so bad for jobs are originally thought. the government now says 57,000 jobs were created in august. zero was reported previously. >> susie: as good as all that sounds. some experts say it's not enough to keep the u.s. out of recession. suzanne pratt reports. >> reporter: 103,000 new jobs in one month is an okay number. but, it falls way short for the millions of unemployed. sure several industries hired people in september, including retail, construction and health care. the problem is the economy needs to add more like a quarter million new jobs a month for many months, before the unemployment rate can fall sharply. economist bruce kasman says there's little to celebrate in the latest jobs data. >> the basic problem that we have a weak labor market. that we're generating

good night, everyone, and good night to you, too, tom. >> tom: good night, suzanne. i'm tom hudson. good night, everybody. we hope to see all of you again tomorrow night. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> more information about investing is available in: to order this dvd, call 1-800- play-pbs or visit online at shoppbs.org. >> be more. stocks fell on worries that china might... announcer: the new pbs for ipad app. you'll never know what you'll find. [dog barks] announcer: available now in the app store. test test

tom? >> tom: susie, the plan was rolled out today by the president of the european commission, jose manuel barrosa. he called on european leaders to act quickly and agree at a meeting in two weeks. here's what he's calling for. european banks would be required to temporarily increase their capital reserves. that extra cash should come from the private sector first, then from governments. and as a last resort, banks would be allowed to tap into the eurozone bailout fund. that plan was one reason the major stock averages moved higher. the other? word that the federal reserve might be open to another round of bond purchases. that's what policymakers discussed at their september meeting according to minutes released today. here's how things looked by the closing bell. the dow rose 102 points, but the blue chips had been up over 200 points earlier in the session. the nasdaq added 21 and the s&p tacked on about 12. >> tom: one bright spot has been found overseas, american exports growing to reco

you, too, tom. >> tom: good night, suzanne. i'm tom hudson. have a great weekend, everybody. we hope to see all of you again next week. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org  [radio chatter] there's always a 50:50 chance that the man who found the body di >> the gulf, lewis. the gulf. >> two murders and a very nasty case of bribery and corruption.

i'm tom hudson. goodnight, everyone and have a great weekend. susie. >> susie: good night, tom. i'm susie gharib. thanks for joining us. we hope to see all of you again next week. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org 

>> tom: call it a crude awakening. oil prices rebound 5%, moving up along with the stock market. >> people, rightly or wrongly, correlate the strength with the equity markets with potential demand for energy. >> susie: then, we ask loew's co-chairman andrew tisch about his energy companies and hotels, creating jobs and what it will take to fix the u.s. economy. it's "nightly business report" for wednesday, october 5. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. stocks rallied today on a wave of optimism about the u.s. job market and some encouraging developments about europe's economy. tom, officials in europe are talking about propping up the fragile financial system by pouring money into european banks. >> tom: and susie, those hopes that the global economy might be recovering also pushed up oil pri

i'm tom hudson. good night everyone, and good night to you too, susie. >> susie: good night tom. i'm susie gharib. good night everyone. we hope to see all of you again tomorrow night. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> we really worked hard to get this show back on television and roger felt it was important to go back to public television where the show began. >> i know each week w