Dec
22

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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Douglas wins AP female athlete of the year honors

When Gabby Douglas allowed herself to dream of being the Olympic champion, she imagined having a nice little dinner with family and friends to celebrate. Maybe she'd make an appearance here and there."I didn't think it was going to be crazy," Douglas said, laughing. "I love it. But I realized my perspective was going to have to change."Just a bit.The teenager has become a worldwide star since winning...
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Cold weather kills 61 people in Poland since Oct.

WARSAW, Poland (AP) — Police in Poland have appealed to residents to dress warmly and look out for elderly and homeless people, after saying that 61 people have died of the cold weather since October.Another 41 have been killed by carbon monoxide inhalation from coal or other ways of heating their homes since temperatures started falling.The Interior Ministry said Friday the death toll from sub-freezing...
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Madness in the air in Washington

National Rifle Association Executive Vice President Wayne LaPierre calls on Congress to pass a law putting armed police officers in every school in America.STORY HIGHLIGHTSDavid Gergen: After election, there were hopes partisan tension would fadeHe says this week we've seen a complete breakdown on the fiscal cliffThe NRA doubled down on its anti-gun-control rhetoric despite Newtown, he saysGergen:...
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2 children dead in Englewood fire

A young boy and girl died this morning after they and two other children were left home alone in the Englewood neighborhood...
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Egypt's constitution seen passing in referendum

CAIRO (Reuters) - Egyptians voted on a constitution drafted by Islamists on Saturday in a second round of balloting expected to approve a charter that opponents say will create deeper turmoil in the Arab world's most populous nation. Islamist supporters of President Mohamed Mursi, who was elected in June, say the constitution is vital to moving Egypt towards democracy two years after...
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Dec
18

Jefferies results beat estimates on higher fixed-income revenue

Jefferies Group Inc reported a higher-than-expected adjusted quarterly profit as the investment bank benefited from higher earnings from its fixed-income unit, and said its business expansion in Asia has started delivering. The midsized investment bank has been expanding in China and India and recently poached bankers from the Royal Bank of Scotland to expand its business in China. Jefferies said...
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