Dec
24

Start of "Santa rally" dampened by "cliff" worries

NEW YORK (Reuters) - Stocks edged lower on Monday as caution over the potential for volatility driven by worries about the U.S. "fiscal cliff" dampened enthusiasm at the start of a seasonally strong period for equities. The S&P 500 index <.spx> declined 0.9 percent on Friday, its biggest drop in more than a month, as a Republican plan to avoid the cliff - $600 billion in tax...
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Colts recovering coach returns to team facility

INDIANAPOLIS (AP) — Chuck Pagano was back at work Monday morning.Three months after taking an indefinite leave to battle leukemia, the Colts' coach was scheduled to meet with players, coaches and reporters as he retook the reins from interim coach Bruce Arians.When Pagano arrived at the team headquarters, he drove past an inflatable Colts player to the side of the driveway with a simple message across...
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The Hottest Climate Change Stories of 2012

Global warming was hot news this year, literally.Perhaps the most unavoidable climate story of 2012 was the warmth that gripped much of the United States, and to a lesser degree, the planet, throughout the entire year. Heat waves brought “spring in March” to parts of the country, and broke all-time high-temperature records in a number of places. This, inevitably, led to a discussion of global warming...
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4 firefighters shot, 2 fatally, responding to New York house fire

WEBSTER, N.Y. -- Four volunteer firefighters responding to an intense pre-dawn house fire were shot Monday morning, two fatally,...
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Afghan policewoman kills coalition contractor in Kabul: NATO

KABUL (Reuters) - An Afghan woman wearing a police uniform shot dead on Monday a civilian contractor working for Western forces in the police chief's compound in Kabul, NATO said. The incident is likely to raise troubling questions about the direction of an unpopular war. It appeared to be the first time that a woman member of Afghanistan's security forces carried out such...
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Dec
23

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...
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UK paper suing Lance Armstrong over libel case

LONDON (AP) — Lance Armstrong is being sued for more than $1.5 million by a British newspaper over the settlement of a libel action, which followed doping allegations against the cyclist that it published.The Sunday Times paid Armstrong 300,000 pounds (now about $485,000) in 2006 to settle a case after it reprinted claims from a book in 2004 that he took performance-enhancing drugs.The U.S. Anti-Doping...
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Pagan Roots? 5 Surprising Facts About Christmas

When you gather around the Christmas tree or stuff goodies into a stocking, you’re taking part in traditions that stretch back thousands of years — long before Christianity entered the mix.Pagan, or non-Christian, traditions show up in this beloved winter holiday, a consequence of early church leaders melding Jesus’ nativity celebration with pre-existing midwinter festivals. Since then, Christmas...
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Illinois clergy voice support for gay marriage

More than 250 Illinois clergy -- most of them in the Chicago area -- have endorsed a gay marriage bill that could come up...
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Egyptians back new constitution in referendum

CAIRO (Reuters) - An Islamist-backed Egyptian constitution won approval in a referendum, rival camps said on Sunday, after a vote the opposition said would sow deep social divisions in the Arab world's most populous nation. The Islamist Muslim Brotherhood, which propelled President Mohamed Mursi to power in a June election, said an unofficial tally showed 64 percent of voters backed the...
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