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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2 children dead in Englewood fire

Firefighters on the scene of a fire in the 6400 block of South Paulina. ...

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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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Fiscal cliff setback rattles global shares, euro

LONDON (Reuters) - Global stock markets weakened on Friday and both the euro and gold slipped, as a new setback in talks to avert a U.S. fiscal crisis and evidence of Europe's ongoing economic difficulties stoked investor nerves. A proposal from Republican leader John Boehner to avoid the so-called fiscal cliff failed to get support from his party on Thursday, casting fresh uncertainty...

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AP IMPACT: Big Pharma cashes in on HGH abuse

A federal crackdown on illicit foreign supplies of human growth hormone has failed to stop rampant misuse, and instead has driven record sales of the drug by some of the world's biggest pharmaceutical companies, an Associated Press investigation shows.The crackdown, which began in 2006, reduced the illegal flow of unregulated supplies from China, India and Mexico.But since then, Big Pharma has been...

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Shortest Day: Why Winter Starts Friday

In the very likely event that we survive Friday’s rumored Mayan apocalypse, those of us in the Northern Hemisphere will at least get to experience another cosmic occasion: the winter solstice.On Friday, Dec. 21, the sun will appear to make its lowest, quickest trek across the sky all year, resulting in the shortest day of 2012 and the official start of winter.Earth is tilted on its axis 23.5 degrees,...

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Goodbye, U.S. Postal Service?

This Christmas could be the Post Office's last, says John Avlon. STORY HIGHLIGHTSThe U.S. Postal Service is bleeding money and heading toward insolvency John Avlon: Congress can save the postal service in deal on the fiscal cliff He says the urgency is clear, let's hope for a Christmas miracle Avlon: But be prepared that Washington dysfunction can doom the postal service Editor's note: John Avlon...

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Inmate caught 2 days after escape from South Loop lockup

Police entered ahomein Southwest suburban Tinley Park about 11:30 Tuesday morning, searching for two escaped prisoners. Joseph "Jose" Banks was been caught by FBI agents...

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Syrian rebels fight for strategic town in Hama province

BEIRUT (Reuters) - Rebels began to push into a strategic town in Syria's central Hama province on Thursday and laid siege to at least one town dominated by President Bashar al-Assad's minority sect, activists said. The operation risks inflaming already raw sectarian tensions as the 21-month-old revolt against four decades of Assad family rule - during which the president's Alawite sect...

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Stock index futures point to flat-to-lower start

LONDON (Reuters) - Stock index futures pointed to a flat-to-lower open on Wall Street on Thursday. Futures for the S&P 500 and the Dow Jones were down 0.1 percent, while contracts for the Nasdaq 100 were flat at 5.01 a.m. ET. Japan's Nikkei average dropped on Thursday in active trade after the central bank's third dose of monetary stimulus disappointed the market and...

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AP IMPACT: Steroids loom in major-college football

WASHINGTON (AP) — With steroids easy to buy, testing weak and punishments inconsistent, college football players are packing on significant weight — 30 pounds or more in a single year, sometimes — without drawing much attention from their schools or the NCAA in a sport that earns tens of billions of dollars for teams.Rules vary so widely that, on any given game day, a team with a strict no-steroid...

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