2012 YEAR IN REVIEW

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  • NYSE stocks posting largest percentage decreases

    A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.: On Assignment Inc. fell 23.4 percent to $26.75. hhgregg Inc. fell 15.6 percent to $7.17. L-3 Communications Holdings ...

  • 10 Things to Know for Today
    10 Things to Know for Today

    Your daily look at late-breaking news, upcoming events and the stories that will be talked about today:

  • Netanyahu vows to complete Gaza tunnels destruction
    Netanyahu vows to complete Gaza tunnels destruction

    By Nidal al-Mughrabi and Jeffrey Heller GAZA/JERUSALEM (Reuters) - Israeli Prime Minister Benjamin Netanyahu, facing international alarm over a rising civilian death toll in Gaza, said on Thursday he would not accept any ceasefire that stopped Israel completing the destruction of militants' infiltration tunnels. The Israeli military estimated on Wednesday that accomplishing that task, already into its fourth week, would take several more days. "I wont agree to any proposal that will not enable the Israeli military to finish this important task, for the sake of Israel's security." Leaving open the option of widening a ground campaign in the Hamas Islamist-dominated Gaza Strip, the Israeli military said it had called up an additional 16,000 reservists. Gaza health officials said 19 Palestinians were killed in Israeli assaults on Thursday, which included an air strike on a van in the heart of Gaza City, which killed two people.

  • Russia warns sanctions will backfire on West
    Russia warns sanctions will backfire on West

    A defiant Russia said Wednesday that Western sanctions over Ukraine would backfire on the United States and lead to energy price hikes in Europe after Brussels and Washington unveiled the toughest punitive measures against Moscow since the Cold War. Russia's response came as the Ukrainian military pushed on with its offensive against pro-Russian rebels in the east, retaking the town of Avdiyivka, only a dozen kilometres (eight miles) from the main rebel city of Donetsk. The Russian foreign ministry warned the United States it was shooting itself in the foot and said it was punishing the Kremlin for "independent policies that Washington finds inconvenient." Moscow also warned that European consumers would bear the brunt of sanctions targeting Russia's vital energy, arms and finance sectors.

  • Which states will legalize pot next?
    Which states will legalize pot next?

    Residents in Alaska and Oregon will vote on legalization measures in November.

  • Don’t be fooled, all is not well for stocks
    Don’t be fooled, all is not well for stocks

    Josh Brown of Ritholtz Wealth Management on what's next for stocks as summer rolls along

  • 'Complacent' NATO unprepared for Russian threat: British lawmakers
    'Complacent' NATO unprepared for Russian threat: British lawmakers

    By Kylie MacLellan LONDON (Reuters) - NATO is not prepared for the threat of a Russian attack on one of its members, British lawmakers said on Thursday, calling for more equipment and troops to be positioned in the Baltic States, which, they said, were particularly vulnerable. Parliament's Defence Select Committee said events in Crimea and eastern Ukraine had revealed "alarming deficiencies" in NATO's preparedness and should be a "wake-up call". The military alliance has stepped up exercises in eastern Europe since Russia annexed Ukraine's Crimea peninsula in March. Ukraine is not a member of NATO.

  • World Ebola fears grow with Europe and Asia on alert
    World Ebola fears grow with Europe and Asia on alert

    Fears that the west African Ebola outbreak could spread to other continents grew with European and Asian countries on alert and a leading medical charity warning the epidemic was out of control. Doctors Without Borders (MSF) said the crisis gripping Guinea, Liberia and Sierra Leone would only get worse and warned there was no overarching strategy to handle the world's worst outbreak of the disease. US Christian charity Samaritan's Purse was temporarily withdrawing its non-essential staff from Liberia, it said, citing regional "instability and ongoing security issues". Hong Kong announced quarantine measures for suspected cases, although one woman arriving from Africa with possible symptoms tested negative, while the EU said it was ready to deal with the threat.

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