Dec
22

Wall Street Week Ahead: A lump of coal for "Fiscal Cliff-mas"

NEW YORK (Reuters) - Wall Street traders are going to have to pack their tablets and work computers in their holiday luggage after all. A traditionally quiet week could become hellish for traders as politicians in Washington are likely to fall short of an agreement to deal with $600 billion in tax hikes and spending cuts due to kick in early next year. Many economists forecast that this...
Read More..

Falcons top Lions 31-18 for home-field advantage

DETROIT (AP) — Matt Ryan got what he wanted.Calvin Johnson was forced to settle for what he could get.Ryan matched a career high with four touchdown passes, two to Roddy White, to help the Atlanta Falcons beat the Detroit Lions 31-18 Saturday night and earn home-field advantage throughout the NFC playoffs."It's great," Ryan said. "Our confidence is high and our experience — good and bad — has helped...
Read More..

Three Spaceflyers Arrive at International Space Station

This story was updated Dec. 21 at 9:10 a.m. EST.The three newest residents of the International Space Station arrived at the high-flying laboratory Friday morning (Dec. 21) aboard a Russian Soyuz spacecraft.At 9:09 a.m. EST (1409 GMT) the capsule delivered Canadian Space Agency astronaut Chris Hadfield — who will become the station’s first Canadian commander — as well as Russian Federal Space Agency...
Read More..

Senators slam movie's torture scenes

In the new film "Zero Dark Thirty," Jessica Chastain plays a CIA analyst who is part of the team hunting Osama bin Laden. STORY HIGHLIGHTSSens. Feinstein, McCain, Levin send letter calling new film "grossly inaccurate"Letter adds to controversy over depiction of torture as a key to finding bin Laden, Bergen saysSenate committee has approved 6,000-page classified report on CIA interrogations programBergen...
Read More..

Some states move to ease gun rules

WASHINGTON — As Congress gears up for a fight over possible new gun restrictions, lawmakers in some states have pushed in the...
Read More..

Egypt's constitution approved in vote, say rival camps

CAIRO (Reuters) - A constitution drafted by an Islamist-dominated assembly was approved by a majority of Egyptians in a referendum, rival camps said on Sunday, after a vote the opposition said drove a wedge through the Arab world's most populous nation. The Muslim Brotherhood, which propelled President Mohamed Mursi to power in a June election, said 64 percent of voters backed the charter...
Read More..
Dec
21

Wall Street Week Ahead: A lump of coal for "Fiscal Cliff-mas"

NEW YORK (Reuters) - Wall Street traders are going to have to pack their tablets and work computers in their holiday luggage after all. A traditionally quiet week could become hellish for traders as politicians in Washington are likely to fall short of an agreement to deal with $600 billion in tax hikes and spending cuts due to kick in early next year. Many economists forecast that this...
Read More..

Douglas wins AP female athlete of the year honors

When Gabby Douglas allowed herself to dream of being the Olympic champion, she imagined having a nice little dinner with family and friends to celebrate. Maybe she'd make an appearance here and there."I didn't think it was going to be crazy," Douglas said, laughing. "I love it. But I realized my perspective was going to have to change."Just a bit.The teenager has become a worldwide star since winning...
Read More..

2012: A Year of Weather Extremes

From unprecedented drought to killer cold, 2012 was a year of weather extremes.In 2012, the United States suffered 11 weather-related events that cost $ 1 billion apiece, according to a preliminary list released Thursday (Dec. 20) by the National Oceanic and Atmospheric Administration (NOAA). Economic losses for Hurricane Sandy and the yearlong drought are still being calculated, but NOAA estimates...
Read More..

Madness in the air in Washington

National Rifle Association Executive Vice President Wayne LaPierre calls on Congress to pass a law putting armed police officers in every school in America.STORY HIGHLIGHTSDavid Gergen: After election, there were hopes partisan tension would fadeHe says this week we've seen a complete breakdown on the fiscal cliffThe NRA doubled down on its anti-gun-control rhetoric despite Newtown, he saysGergen:...
Read More..

Bulls hand Knicks 2nd home loss

Noah ejected in Friday's win after getting into a fight with Chandler. NEW YORK — Bodies were flying. Profane chants descended...
Read More..

Venezuela's VP Maduro a "poor copy" of Chavez: opposition

CARACAS (Reuters) - Venezuela's opposition mocked President Hugo Chavez's chosen successor Nicolas Maduro on Friday as a "poor copy" of his boss who should be promoting national unity rather than insulting opponents during a delicate time for the South American nation. In power since 1999, Chavez named vice president and foreign minister Maduro as his preferred replacement should he be...
Read More..
Dec
18

NYSE executive says exchanges inching closer to "kill switch"

U.S. regulators and exchanges are getting closer to a framework for a "kill switch" that could be used to shut down trading before software glitches get out of control and wreak havoc on markets, a top exchange official said on Tuesday. "We have all engaged in a much more detailed assessment of how a kill switch could work," Joe Mecane, an executive vice president at the New York Stock Exchange,...
Read More..