2012 YEAR IN REVIEW

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  • India's jet-set tycoons crash to earth
    India's jet-set tycoons crash to earth

    They were famed for their jet-set lifestyles and the names of their companies were emblazoned on airplanes, Formula One cars and the shirtfronts of cricket teams.

  • U.S. existing home sales fall, investors pulling back
    U.S. existing home sales fall, investors pulling back

    By Lucia Mutikani WASHINGTON (Reuters) - U.S. home resales unexpectedly fell in August as investors stepped away from the market, but the decline probably does not signal renewed weakness. The National Association of Realtors said on Monday existing home sales dropped 1.8 percent to an annual rate of 5.05 million units. The decrease was the first in four months, although the sales pace was still the second highest for the year. "There is no fundamental economic weakness story in the fall. ...

  • NASA Mars Orbiter Arrives at Red Planet Tonight: Watch It Live
    NASA Mars Orbiter Arrives at Red Planet Tonight: Watch It Live

    Update for Monday, Sept. 22: NASA's MAVEN orbiter has successfully arrived at Mars. A NASA spacecraft built to study the atmosphere of Mars like never before will arrive at the Red Planet tonight (Sept. 21) and you can watch it live online. After 10 months in deep-space, NASA's Mars Atmosphere and Volatile EvolutioN (MAVEN) spacecraft is expected to enter orbit around Mars and begin a one-year mission studying the planet's upper atmosphere. You can watch the MAVEN spacecraft arrive at Mars on Space.com, courtesy of NASA TV, in a live webcast that runs from 9:30 p.m. to 10:45 p.m. EDT (0130 to 0245 GMT).

  • Governor confident ambush suspect will be caught
    Governor confident ambush suspect will be caught

    In the thick of a difficult re-election campaign, Gov. Tom Corbett could have been tempted to place himself front and center of the effort to capture the gunman who ambushed a Pennsylvania State Police barracks, killing a trooper and injuring another.

  • Philanthropies, including Rockefellers, and investors pledge $50 billion fossil fuel divestment
    Philanthropies, including Rockefellers, and investors pledge $50 billion fossil fuel divestment

    WASHINGTON (Reuters) - The Rockefellers, who made their vast fortune on oil, and other philanthropies and high-wealth individuals on Monday will announce pledges to divest a total of $50 billion from fossil fuel investments. The Global Divest-Invest coalition will announce new pledges and members one day before 120 heads of state address the United Nations on how their countries will contribute to a global effort to halt a dangerous rise in temperatures. ...

  • US jury finds Arab Bank liable for backing terrorism
    US jury finds Arab Bank liable for backing terrorism

    New York (AFP) - In a landmark decision, a New York jury on Monday found the Jordan-based multinational Arab Bank liable on 24 counts of supporting terrorism by transferring funds to Hamas.

  • Arab Bank liable over Hamas attacks: U.S. jury

    By Bernard Vaughan NEW YORK (Reuters) - A U.S. jury on Monday found Arab Bank Plc liable for providing material support to Hamas and said it must compensate victims of two dozen attacks attributed to the Islamic militant group in Israel and the Palestinian territories. Jurors needed less than two days of deliberations to reach their verdict after a six-week trial in Brooklyn federal court, which lawyers described as the first terrorism financing civil case to reach trial in the United States. A trial on damages will be held later. ...

  • Sheriff: Iowa man locked 5 kids in bedroom all day
    Sheriff: Iowa man locked 5 kids in bedroom all day

    IOWA CITY, Iowa (AP) — An Iowa man is charged with locking his girlfriend's five children in a bedroom for more than 24 hours at a time without food or a bathroom, authorities said Monday.

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