S&P, Nasdaq rise on last day of 2012, Apple advances

NEW YORK (Reuters) - Wall Street mostly edged higher on Monday, with the S&P 500 on track for double-digit gains for the year, as politicians bargained for a deal to avert the "fiscal cliff." Equities are coming off a five-day streak of losses, driven by the growing concern that there wouldn't be a deal before the midnight deadline to avoid the combination of tax hikes and spending...

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Reid among 4 NFL coaches sacked in firing frenzy

Less than 24 hours after the regular season ended, NFL firings began at a furious pace.In a span of about 90 minutes before lunch Monday, coaches Andy Reid, Pat Shurmur, Romeo Crennel and Chan Gailey were let go by their teams after losing seasons. None of the moves were surprising, and more are expected.The Jets decided to keep their coach, Rex Ryan, but fired general manager Mike Tannenbaum.The...

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Wash. dock resembles one from Japan found in Ore.

A scientist who examined the dock that recently washed ashore on Washington‘s Olympic Peninsula says it looks just like the one that came ashore on a central Oregon beach last summer, suggesting it also is a piece of tsunami debris from Japan.John Chapman, an assistant professor of fisheries at Oregon State University‘s Hatfield Marine Science Center, said Friday the Washington dock found earlier...

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13 key stories to watch for in 2013

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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Bears fire Lovie Smith after 9 seasons; search for new head coach begins

Chicago Tribune sports columnist Steve Rosenbloom on the Bears firing Lovie Smith. (Posted: Dec 31, 2012) The epitaph for Lovie...

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Assad's forces battle to retake Damascus suburb

AMMAN (Reuters) - Elite Syrian government troops backed by tanks battled on Monday to recapture a strategic Damascus suburb from rebels who have advanced within striking distance of the center of Syria's capital. Five people, including a child, died from army rocket fire that hit the Daraya suburb during the fighting, opposition activists said. Daraya is part of a semi-circle of Sunni...

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Obama says failure to reach fiscal deal would hurt markets

WASHINGTON (Reuters) - Financial markets would be affected adversely if U.S. lawmakers fail to agree on a "fiscal cliff" deal before Tuesday, President Barack Obama said in an interview broadcast on Sunday, while urging Congress to act quickly to extend tax cuts for middle-class Americans. Lawmakers are seeking a last-minute deal that would set aside $600 billion in tax increases and...

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Michigan State edges TCU 17-16 in BWW Bowl

TEMPE, Ariz. (AP) — Michigan State labored on offense throughout the first half, unable to get anything going on the ground, in the air, anywhere.For a team that had lost five games by a combined 13 points during the regular season, it was starting to feel familiar.The Spartans changed their luck by turning to brutally effective running back Le'Veon Bell in the second half, setting up Dan Conroy for...

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Storms on U.S. Plains stir memories of the “Dust Bowl”

LIBERAL, Kansas (Reuters) – Real estate agent Mark Faulkner recalls a day in early November when he was putting up a sign near Ulysses, Kansas, in 60-miles-per-hour winds that blew up blinding dust clouds.“There were places you could not see, it was blowing so hard,” Faulkner said.Residents of the Great Plains over the last year or so have experienced storms reminiscent of the 1930s Dust Bowl. Experts...

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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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