David Letterman will remain on late-night TV at least through 2015, CBS announced Friday.
Letterman characteristically cracked wise about his new deal with CBS President and CEO Les Moonves.
"Les and I had a lengthy discussion, and we both agreed that I needed a little more time to fully run the show into the ground," Letterman said in a CBS news release.
Letterman debuted his late-night show on NBC on February 1, 1982, making comical top 10 lists and "stupid pet tricks" part of pop culture.
He moved to CBS and "The Late Show with David Letterman" on Aug 30, 1993.
U.S. foreign policy takes the latest hit as the government shutdown enters its fourth day.
With his focus on the brewing domestic crisis, the White House canceled President Barack Obama's trip to the Asia-Pacific Economic Cooperation summit in Bali, Indonesia.
"The president made this decision based on the difficulty in moving forward with foreign travel in the face of a shutdown, and his determination to continue pressing his case that Republicans should immediately allow a vote to reopen the government," a statement from the White House said.
Secretary of State John Kerry will lead the U.S. delegation in Asia.
FULL STORYA soggy weekend is in store for parts of the U.S. Gulf Coast as Tropical Storm Karen churns in the central Gulf of Mexico.
The National Hurricane Center issued a hurricane watch for the area from Grand Isle, Louisiana, to west of Destin, Florida. The center of the storm is forecast to be near the coast within that area Saturday.
A tropical storm warning is in effect from Grand Isle to the mouth of the Pearl River.
FULL STORYAuthorities say they've identified and are closer to finding one of the main bikers that played a role in the beating of a New York SUV driver, an act that was captured on tape and sparked national outrage.
The biker being sought is suspected of bashing in the SUV driver's window, a law enforcement official with knowledge of the investigation told CNN late Thursday.
The suspect was not in custody but may soon be, the official said.
FULL STORY
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