NEW YORK (Reuters) - Stocks opened lower on Monday, the last trading day of the year, as political leaders in Washington worked to find agreement that would keep the United States from falling off the "fiscal cliff." The Dow Jones industrial average <.dji> was down 51.99 points, or 0.40 percent, at 12,886.12. The Standard & Poor's 500 Index <.spx> was down 4.09 points,...
AP Source: Browns fire coach, GM
Labels: TechnologyBEREA, Ohio (AP) — The Browns are changing again.A person familiar with the decision says the Cleveland Browns have fired coach Pat Shurmur and general manager Tom Heckert.Shurmur and Heckert were informed Monday at the team's facility, said the person who spoke on condition of anonymity because the team has not yet announced the moves. The expected dismissals come one day after the Browns lost their...
Japan Launching Ambitious Asteroid-Sampling Mission in 2014
Labels: WorldJapan’s space agency is readying a new asteroid probe for launch, an ambitious mission that aims to build on the victory of the country’s first round-trip asteroid mission that sent the Hayabusa spacecraft to retrieve samples of the space rock Itokowa.The new Japanese asteroid mission, called Hayabusa2, is scheduled for launch in 2014 and aimed at the asteroid 1999 JU3, a large space rock about 3,018...
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...
Tribune Co. to emerge from bankruptcy today
Labels: Health The last day of 2012 is the first of a new era for Tribune Co.After spending more than four years embroiled in a contentious...
Assad's forces battle to retake Damascus suburb
Labels: BusinessAMMAN (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
Labels: WorldWASHINGTON (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...
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...
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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