Wall Street extends losses, Dow slides 1 percent

When Mommy is away, Dad and son will play. And if your dad works in the video production business, that playtime gets filmed, turned into a time-lapse video and instantly goes viral. Emio Tomeoni, 30, of Kansas City, Mo., works odd hours and often finds...

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NHL makes new offer; lockout enters critical stage

NEW YORK (AP) — The NHL made a new offer to the players' association, hoping to spark talks toward ending the long lockout and saving the hockey season.Deputy commissioner Bill Daly said Friday the league presented its proposal Thursday and was waiting for a response. The sides haven't met in person since a second round of talks with a federal mediator broke down Dec. 13.The lockout has reached its...

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Caribbean Beauties: Two New Orchid Species Found

One of the world’s newest orchid species is also its most delicate, with tiny white flowers smaller than a dime. Yet the flower finds its home amid boulders near the banks of rushing streams in Cuba‘s remote eastern mountains.The orchid is one of two new species identified by botanists in Cuba, a hotbed for orchids — the largest and most diverse plant family in the world. The islands of the Caribbean...

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2013: A year for big issues in the courts

By Jeffrey Toobin, CNN Senior Legal AnalystDecember 27, 2012 -- Updated 1445 GMT (2245 HKT)Chief Justice John Roberts re-administers the oath of office to Barack Obama at the White House on January 21, 2009. STORY HIGHLIGHTSJeffrey Toobin: 2013 will see pivotal decisions in several key areas of lawHe says Supreme Court could decide fate of same-sex marriageAffirmative action for public college admissions...

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Expectations low for White House 'fiscal cliff' meeting

WASHINGTON (Reuters) - President Barack Obama and congressional leaders were to meet on Friday for the first time since November,...

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Syria opposition leader rejects Moscow invitation

ALEPPO PROVINCE, Syria/BEIRUT (Reuters) - Syria's opposition leader has rejected an invitation from Russia for peace talks, dealing another blow to international hopes that diplomacy can be resurrected to end a 21-month civil war. Russia, President Bashar al-Assad's main international protector, said on Friday it had sent an invitation for a visit to Moaz Alkhatib, whose six-week-old...

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Wall Street briefly turns higher in late trading

NEW YORK (Reuters) - Stocks finished lower for a fourth day on Thursday but recovered most of the session's losses just before the closing bell when the House of Representatives said it would come back to work this weekend with the aim of avoiding the "fiscal cliff." Based on the latest available data, the Dow Jones industrial average <.dji> slipped 18.28 points, or 0.14 percent,...

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Net loss: Brooklyn fires coach Avery Johnson

NEW YORK (AP) — Avery Johnson was fired Thursday as coach of the Brooklyn Nets, who have fallen to .500 in their season of new surroundings and elevated expectations.General manager Billy King announced the dismissal in a statement. Assistant P.J. Carlesimo will coach the Nets at home Friday against Charlotte, according to someone with knowledge of the plans. The person spoke on condition of anonymity...

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Keep Dreaming: 13 Technologies You Won’t See in 2013

It seems like only yesterday we were planning for the Mayan apocalypse, but like so many other products, the 14th b’ak’tun (next era) has been delayed due to bugs and lack of pre-orders. Yet if you talked to some pundits back in 2011, they’d have told you that the end of days was coming out in Q4 of 2012, along with its competitor, BlackBerry 10.No doubt, in 2013, several long-rumored products will...

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A gunmaker ripe for an ethical takeover

Several .223 caliber rounds near a Bushmaster XM-15; the manufacturer's owner is putting its gun companies up for sale.STORY HIGHLIGHTSThe owner of America's largest gunmaker is putting firm up for saleJohn MacIntosh says billionaires should lead effort to acquire the gun manufacturerHe says they should change corporate practices to discourage violenceMacIntosh: One leading company could push gun...

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Snow buries parts of Northeast, flights canceled

A powerful winter storm is hitting the Northeast, one day after it hammered the Midwest and plains. Snowfall could top a foot in some areas. ...

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Russia's Putin signals he will sign U.S. adoption ban

MOSCOW (Reuters) - President Vladimir Putin signaled on Thursday he would sign into law a bill barring Americans from adopting Russian children and sought to forestall criticism of the move by promising measures to better care for his country's orphans. In televised comments, Putin tried to appeal to people's patriotism by suggesting that strong and responsible countries should take care...

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Retailers lead Wall Street lower, "cliff" still a concern

In the eyes of outspoken entrepreneur Mark Cuban, the battle for smartphone supremacy has been fought and won… by Nokia (NOK). While hosting an AMA session on Reddit — a series of posts where the original poster instructs Reddit users to “Ask Me Anything” — Cuban, who famously sold Broadcast.com to Yahoo (YHOO) for around $5 billion at the height of the dot-com boom, was asked what...

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Red Sox get All-Star closer Hanrahan from Pirates

BOSTON (AP) — The Red Sox have acquired All-Star closer Joel Hanrahan from the Pittsburgh Pirates in a six-player deal.Boston completed the trade Wednesday, also receiving infielder Brock Holt. The Red Sox gave up right-handers Mark Melancon and Stolmy Pimentel, infielder Ivan DeJesus Jr. and first baseman-outfielder Jerry Sands.Over the past two seasons, the right-handed Hanrahan had 76 saves, fourth...

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Climate change: No consensus needed

Lake Cachet II in Aysen, Chilean Patagonia, disappeared because of rising temperatures driven by climate change, experts say.STORY HIGHLIGHTSTseming Yang: Result of Doha climate change conference less than desirableYang: It's time to abandon the myth that a consensus solution is the best approach He says the 25 major carbon emitters should work out an agreement among themselvesYang: Smaller, focused...

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One of Chicago's most feared mobsters dies in prison

Frank Calabrese Jr., ex-mobster and author of the book Family Secrets, speaks to the Chicago Tribune's John Kass on March 14, 2011, at Bella Luna cafe in Chicago. (Nancy Stone, Chicago Tribune, March 14, 2011) ...

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Syria to discuss Brahimi peace proposals with Russia

BEIRUT (Reuters) - Syrian President Bashar al-Assad sent a senior diplomat to Moscow on Wednesday to discuss proposals to end the conflict convulsing his country made by international envoy Lakhdar Brahimi, Syrian and Lebanese sources said. Brahimi, who saw Assad on Monday and is planning to hold a series of meetings with Syrian officials and dissidents in Damascus this week, is trying...

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Yen on defensive on U.S. fiscal worry, helps Nikkei

TOKYO (Reuters) - Uncertainty over whether U.S. lawmakers will strike a deal by an end-of-year deadline to avert a severe fiscal retrenchment undermined the yen and bolstered Japanese shares on Tuesday in low volume, with many participants away on Christmas holiday. The dollar rose to a 20-month high of 84.965 yen early on Tuesday in Asia, as Japanese markets caught up with global investors...

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