NEW YORK (Reuters) - Stocks extended gains, with the Nasdaq up 1 percent on Monday on news that the majority of Senate Republicans are expected to support a tentative deal on the "fiscal cliff." The market also got a lift from news that President Barack Obama will make a statement on the fiscal cliff at 1:30 p.m. EST at an event with "middle-class Americans," the White House said. ...
Bears fire coach Lovie Smith after 9 seasons
Labels: TechnologyLAKE FOREST, Ill. (AP) — The Chicago Bears fired coach Lovie Smith on Monday after the team missed the playoffs for the fifth time in six seasons.Smith was informed of the decision by general manager Phil Emery on the day after the Bears beat Detroit to finish 10-6 but still didn't make the playoffs.Smith led the Bears to a Super Bowl, but also saw his team collapse in the second half of the past...
13 key stories to watch for in 2013
Labels: LifestyleAmong 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...
Bears fire Lovie Smith after 9 seasons; search for new head coach begins
Labels: HealthChicago Tribune sports columnist Steve Rosenbloom on the Bears firing Lovie Smith. (Posted: Dec 31, 2012) The epitaph for Lovie...
Senate report faults State Department, intelligence on Benghazi
Labels: BusinessWASHINGTON (Reuters) - The State Department's decision to keep the U.S. mission in Benghazi open despite inadequate security and increasingly dangerous threat assessments before it was attacked in September was a "grievous mistake," a Senate report said on Monday. The Senate Homeland Security Committee's report about the September 11 attacks on the U.S. mission and a nearby annex, which...
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With hours remaining, hopes rise for stopgap fiscal deal
Labels: WorldWASHINGTON (Reuters) - Hopes rose on Sunday that lawmakers could reach at least a limited deal to prevent the still-recovering economy from tumbling off a "fiscal cliff" at the New Year, sending the country into another recession. Aides to Senate Majority Leader Harry Reid, a Democrat, and Senate Republican leader Mitch McConnell worked on a compromise over the weekend to stop automatic...
Michigan State edges TCU 17-16 in BWW Bowl
Labels: TechnologyTEMPE, 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...
Storms on U.S. Plains stir memories of the “Dust Bowl”
Labels: WorldLIBERAL, 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...
Stories for 2013: Syria to 'post-Gangnam'
Labels: LifestyleAmong 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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