Wall Street rebounds on House session, but off for 4th day

NEW YORK (Reuters) - Stocks fell for a fourth day on Thursday, but recovered most of their losses after the House of Representatives, in the barest sign of progress, said it would come back to work on avoiding the "fiscal cliff" this weekend. It was a jittery session for stocks, with shares falling more than 1 percent after Senate Majority Harry Reid warned a deal was unlikely before...

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Net loss: Brooklyn fires coach Avery Johnson

NEW YORK (AP) — Coach of the month in November, out of a job by New Year's.The Brooklyn Nets have elevated expectations this season, and a .500 record wasn't good enough. Coach Avery Johnson was fired Thursday, his team having lost 10 of 13 games after a strong start to its first season in Brooklyn."We don't have the same fire now than we did when we were 11-4," general manager Billy King said at...

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Astronaut Records 1st Original Song on Space Station

Call him the space guitar hero: An astronaut living in orbit has penned a musical ode to Earth in what he’s billing as the first original song recorded on the International Space Station.The song, called “Jewel in the Night,” is a holiday-themed tune recorded by Canadian astronaut Chris Hadfield just days after arriving at the space station last week, just in time for Christmas.  Hadfield and...

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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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Famed Gulf War General Schwarzkopf dies

A U.S. official says retired Gen. H. Norman Schwarzkopf, who...

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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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Wall Street drops in thin session, led by retailers

NEW YORK (Reuters) - Stocks fell for a third straight day on Wednesday, dragged lower by retail stocks after a report showed consumers spent less in the holiday shopping season than last year. Trading was light, with volume at a mere 4.01 billion shares traded on the New York Stock Exchange, the Nasdaq and NYSE MKT, well below the daily average so far this year of about 6.48 billion...

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Peyton Manning, Peterson make Pro Bowl

NEW YORK (AP) — Peyton Manning and Adrian Peterson want to cap their sensational comebacks with Super Bowl appearances. For now, they can be proud of Pro Bowl spots.So can Redskins quarterback Robert Griffin III, one of two rookies chosen Wednesday for the Jan. 27 NFL all-star game.Manning missed all of the 2011 season with neck and back problems that required several operations. He then signed with...

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UK on track to hit 2020 green energy targets – DECC

LONDON (Reuters) – The UK is on track to meet its 2020 renewable energy targets after low-carbon electricity generation grew more than a quarter in the year to end-June 2012, thanks largely to new solar and offshore wind projects, a government report said.The Department of Energy and Climate Change (DECC) said renewable energy accounted for over 10 percent of total electricity supplied in the 12 months...

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The forgotten victims of gun violence

Chicago Mayor Rahm Emanuel, center, and other area officials call for stronger gun regulations at a news conference last week.STORY HIGHLIGHTSWhile America was mourning Newtown victims, guns were claiming lives elsewhere in U.S.Authors: Media focus on mass shootings, but continuing violence also needs coverageThey say inner cities suffer an epidemic of gun killings, and young are particularly vulnerableAuthors:...

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