2012 YEAR IN REVIEW

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  • Rory seeks fourth win in a row as playoffs open
    Rory seeks fourth win in a row as playoffs open

    Top-ranked Rory McIlroy tries to become only the fifth player in PGA history to win four consecutive starts when the season-ending US tour playoffs begin Thursday with The Barclays. The 25-year-old from Northern Ireland won last month's British Open and followed with his first World Golf Championships title at Akron, Ohio, before claiming the PGA Championship two weeks ago for his fourth major title. Four players in PGA history have produced win streaks of at least four tournaments, with Byron Nelson claiming the record at 11 wins in 1945, Tiger Woods taking a career-best seven in a row in 2006 and early 2007, Ben Hogan having a run of six in a row in 1948 and Jack Burke winning four straight in 1952.

  • Zimbabwe economy takes another dive
    Zimbabwe economy takes another dive

    HARARE, Zimbabwe (AP) — It is 4 a.m. and people are already lining up outside Zimbabwe's main passport office — four hours ahead of opening time — in hopes of securing a passport that will allow them to escape their country's dearth of opportunities and search for work abroad.

  • Former POW Bergdahl seeks to return to civilian life, lawyer says
    Former POW Bergdahl seeks to return to civilian life, lawyer says

    "He is ready to move on to the next chapter of his life," Bergdahl's attorney, Eugene Fidell, told Reuters. "He would like to get a college education." Bergdahl, 28, an Army sergeant, was released by the Taliban in May in exchange for five Taliban prisoners who were taken to Qatar from the U.S. The prisoner swap triggered an outcry from critics of the Obama administration amid accusations by some members of Bergdahl’s Army unit that he had deserted before being captured by the Taliban. "People who have had this kind of experience, in my understanding, tend not to remain in the service," Fidell said. "It is time for Sergeant Bergdahl to just become plain old Bowe Bergdahl and move on with his life." An Army general is investigating how Bergdahl, from Hailey, Idaho, came to be a prisoner of the Taliban.

  • Iraqi military clashes with militants in Tikrit
    Iraqi military clashes with militants in Tikrit

    BAGHDAD (AP) — Skirmishes broke out Tuesday between Iraqi security forces and militants on the outskirts of Tikrit, a local official and a resident said, a day after the Iraqi and Kurdish troops backed by U.S. airstrikes dislodged Islamic militants from a strategic dam in the country's north.

  • Oil ‘super spike’ is coming: Dan Dicker
    Oil ‘super spike’ is coming: Dan Dicker

    Dan Dicker of MercBloc on why cheap oil could trigger a 'super spike' in oil prices

  • Here's how much $100 is worth in your state
    Here's how much $100 is worth in your state

    A new map released by the Tax Foundation shows exactly how far $100 would go in all 50 states.

  • WHO: West Africa Ebola death toll rises to 1,350
    WHO: West Africa Ebola death toll rises to 1,350

    MONROVIA, Liberia (AP) — The World Health Organization says the death toll from the Ebola outbreak in West Africa is now at least 1,350 people.

  • Infineon agrees to buy Int'l Rectifier for $3 billion in cash

    By Jens Hack and Maria Sheahan MUNICH/FRANKFURT (Reuters) - Merger-shy German chipmaker Infineon has agreed to buy California-based International Rectifier for about $3 billion in cash, Infineon said on Wednesday, in its biggest-ever acquisition. At 1800 GMT, the stock was trading at $39.06, a gain of $12.51 or 47 percent on the day on the New York Stock Exchange. Infineon shares fell 1.72 percent in after-hours trade on the Frankfurt exchange. The stock had closed down 1.38 percent ahead of the announcement, while those of several possible targets, including International Rectifier rose, following reports that Infineon was preparing to buy a U.S.

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