Wall Street Week Ahead: Cliff may be a fear, but debt ceiling much scarier

(Reuters) - Investors fearing a stock market plunge - if the United States tumbles off the "fiscal cliff" next week - may want to relax. But they should be scared if a few weeks later, Washington fails to reach a deal to increase the nation's debt ceiling because that raises the threat of a default, another credit downgrade and a panic in the financial markets. Market strategists...

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Michigan State edges TCU 17-16 in BWW Bowl

TEMPE, Ariz. (AP) — Dan Conroy kicked a 47-yard field goal with 1:01 left, Le'Veon Bell ran for 145 yards and a fourth-quarter touchdown, and Michigan State rallied to beat Texas Christian 17-16 in the Buffalo Wild Wings Bowl on Saturday night.Michigan State (7-6) labored through the first half before going on the longest drive in the school's bowl history, a 90-yard march capped by freshman Connor...

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Dealer Pleads Guilty to Smuggling in Largest International Dino Case Ever

A fossil dealer’s guilty plea has set the stage for what is most likely the largest dinosaur fossil repatriation in history, according to an attorney representing the President of Mongolia, the country that will receive most of the fossils that federal officials are seizing from fossil dealer and preparer Eric Prokopi.On Thursday (Dec. 27) Prokopi pleaded guilty to criminal charges related to smuggling...

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Stories for 2013: Syria to 'post-Gangnam'

Among 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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Congressional leaders scramble to find 'fiscal cliff' compromise

WASHINGTON — The momentary optimism that Washington could resolve the stalemate over New Year's Day tax hikes turned quickly...

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Body of India rape victim arrives home in New Delhi

NEW DELHI (Reuters) - The body of a woman whose gang rape provoked protests and rare national debate about violence against women in India arrived back in New Delhi early on Sunday. The unidentified 23-year-old medical student died from her injuries on Saturday, prompting promises of action from a government that has struggled to respond to public outrage. She had suffered...

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Wall Street ends sour week with fifth straight decline

NEW YORK (Reuters) - Stocks fell for a fifth straight day on Friday, dropping 1 percent and marking the S&P 500's longest losing streak in three months as the federal government edged closer to the "fiscal cliff" with no solution in sight. President Barack Obama and top congressional leaders met at the White House to work on a solution for the draconian debt-reduction measures set...

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Clippers beat Jazz 116-114 for 16th straight win

SALT LAKE CITY (AP) — Chris Paul could hardly be heard over Jay-Z's pounding music as his Los Angeles Clippers teammates sang along in the visitors' locker room.And why not?The Clippers had just pulled off a 19-point comeback for their 16th straight victory — in a venue where they had often struggled.Paul did most of the damage, leading the Clippers (24-6) with 29 points, including the final seven,...

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NASA Unveils E-books on Hubble, Webb Space Telescopes

NASA has just released two free e-books about the Hubble Space Telescope and its not-yet-launched successor, with interactive features that let readers watch a galaxy collision or manipulate a telescope model between pages, agency officials say.The Hubble Space Telescope launched in 1990 and has a mission lifetime through at least 2013. The space-based observatory has supplied some of the most dazzling...

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2013: Energy issues on front burner

From left, John Krasinski, Gus Van Sant and Matt Damon promote what Sheril Kirshenbaum says will be a controversial film.STORY HIGHLIGHTSPublic attitudes shifted on key energy issues in 2012Sheril Kirshenbaum says controversy has grown over natural gas fracking boomShe says climate change, renewable energy are likely to be on agenda for 2013Kirshenbaum: A turbulent year has increased public interest...

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Chicago marks 500 homicides

Chicago police investigate the scene of a fatal shooting in the 1000 block of North Lavergne on Chicago's West Side. (Chris Sweda/ Chicago Tribune) ...

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Indian gang rape victim dies; New Delhi braces for protests

NEW DELHI/SINGAPORE (Reuters) - An Indian woman whose gang rape in New Delhi triggered violent protests died of her injuries on Saturday in a Singapore hospital, bringing a security lockdown in Delhi and recognition from India's prime minister that social change is needed. Bracing for a new wave of protests, Indian authorities closed 10 metro stations and banned vehicles from some main...

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