Wall Street Week Ahead: Cliff may be a fear, but debt ceiling much scarier

(Reuters) - Investors fearing a stock market plunge - if the United States tumbles off the "fiscal cliff" next week - may want to relax. But they should be scared if a few weeks later, Washington fails to reach a deal to increase the nation's debt ceiling because that raises the threat of a default, another credit downgrade and a panic in the financial markets. Market strategists...

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Lakers beat Knicks 100-94 to get to .500

LOS ANGELES (AP) — The pieces of the puzzle that have been the Lakers' confounding season so far are starting to fall into place.Kobe Bryant engineered a second-half comeback, the defense stepped up, and Los Angeles beat the New York Knicks 100-94 on Tuesday, extending its winning streak to five games."We're .500," a smiling Dwight Howard said. "We did it on Christmas, too. I knew this day would come."Bryant...

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Ice Seals Get Endangered Species Protection

Six groups of seals threatened by shrinking sea ice are gaining new protections under the Endangered Species Act (ESA), the National Oceanographic and Atmospheric Administration (NOAA) announced late last week.NOAA will list as threatened two distinct bearded seal populations — one in the Beringia region, which includes Alaska, and one in the Okhotsk region of Russia’s far east — and three subspecies...

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Stories for 2013: Syria to 'post-Gangnam'

Among the few virtual certainties of 2013 is the ongoing anguish of Syria and the decline of its president, Bashar al-Assad.STORY HIGHLIGHTSLook for more unrest amid power transitions in the Middle EastDisputes and economic worries will keep China, Japan, North Korea in the newsEurope's economy will stay on a rough road, but the outlook for it is brighterEvents are likely to draw attention to cyber...

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Belinelli scores 17 off bench in Bulls' 87-77 win

Marco Belinelli said he has repeated himself 100 times about how his love of basketball obviously means he would love to play...

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Body of India rape victim arrives home in New Delhi

NEW DELHI (Reuters) - The body of a woman whose gang rape provoked protests and rare national debate about violence against women in India arrived back in New Delhi early on Sunday. The unidentified 23-year-old medical student died from her injuries on Saturday, prompting promises of action from a government that has struggled to respond to public outrage. She had suffered...

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Wall Street ends sour week with fifth straight decline

NEW YORK (Reuters) - Stocks fell for a fifth straight day on Friday, dropping 1 percent and marking the S&P 500's longest losing streak in three months as the federal government edged closer to the "fiscal cliff" with no solution in sight. President Barack Obama and top congressional leaders met at the White House to work on a solution for the draconian debt-reduction measures set...

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Clippers beat Jazz 116-114 for 16th straight win

SALT LAKE CITY (AP) — Chris Paul scored 29 points and the Los Angeles Clippers rallied from a 19-point deficit in the third quarter to beat the Utah Jazz 116-114 on Friday night, stretching their winning streak to 16 games.Ex-Clipper Randy Foye's 3-pointer at the buzzer was contested by Matt Barnes, but no foul was called. Foye finished with a season-high 28 points for Utah.Paul scored the Clippers'...

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Full Moon Tonight: Facts About 2012′s Last Lunar Show

The final full moon of the year rises tonight to cap a year of amazing lunar sky shows. While the bright moon will easily outshine other celestial objects, there is more than meets the eye to Earth’s nearest neighbor.The December full moon is also called the “long-night’s moon” since it is the closest full moon to the northern winter solstice (when the nights are longest). And indeed tonight’s full...

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2013: Energy issues on front burner

From left, John Krasinski, Gus Van Sant and Matt Damon promote what Sheril Kirshenbaum says will be a controversial film.STORY HIGHLIGHTSPublic attitudes shifted on key energy issues in 2012Sheril Kirshenbaum says controversy has grown over natural gas fracking boomShe says climate change, renewable energy are likely to be on agenda for 2013Kirshenbaum: A turbulent year has increased public interest...

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Chicago marks 500 homicides

Chicago police investigate the scene of a fatal shooting in the 1000 block of North Lavergne on Chicago's West Side. (Chris Sweda/ Chicago Tribune) ...

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India gang rape victim dies in Singapore hospital

SINGAPORE/NEW DELHI (Reuters) - An Indian woman whose gang rape in New Delhi triggered violent protests died of her injuries on Saturday in a Singapore hospital, bringing a security lockdown in Delhi and recognition from India's prime minister that social change is needed. The Indian capital braced for a new wave of protests, closing metro stations and banning vehicles from the city centre...

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