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 the close of trading: Penn West Petroleum Ltd. fell 14.2 percent to $7.85. Genworth Financial Inc. fell 14.0 percent to $13.98. ...

  • More mysterious craters found in Russia's remote Siberia region
    More mysterious craters found in Russia's remote Siberia region

    Two more craters of unknown origin have been spotted in Russia's Siberia region, weeks after a similar-looking hole was found in the isolated northernmost area, a local paper reported. The Siberian Times, an English-language newspaper, published pictures of two new giant holes discovered by reindeer herders, one located in the Yamal and the other in the Taymyr peninsula, both above the Arctic circle. Russian state TV reported earlier this month that a giant hole had appeared in the gas-rich Yamal peninsula where temperatures plummet below -50 degrees Celsius (-58 degrees Fahrenheit) and the sun barely rises in winter. Yamal, inhabited by indigenous reindeer herders, is one of Russia's richest regions in natural gas.

  • US plans largest ever sale of Hellfire missiles to Iraq
    US plans largest ever sale of Hellfire missiles to Iraq

    The United States plans to sell 5,000 Hellfire missiles to Iraq in a $700 million deal, officials said Tuesday, as Washington tries to help Baghdad retake ground captured by Sunni militants. The US government, which has been reluctant so far to take military action in support of Baghdad, has rushed hundreds of the missiles to Iraq to help the Shiite-led government counter jihadists, who have seized areas north and west of the capital. The deal calls for 5,000 AGM-114K/N/R Hellfire missiles and related equipment, parts, training and logistical support worth a total of $700 million, the Defense Security Cooperation Agency said in a statement Tuesday. "Iraq will use the Hellfire missiles to help improve the Iraq Security Forces' capability to support current on-going ground operations," the agency said.

  • Retirement regrets: Costly mistakes to avoid
    Retirement regrets: Costly mistakes to avoid

    Even if you put enough money aside, pursuing the right retirement plan is just as important as saving for it. Expert Jean Ann Dorrell, shares some top financial retirement regrets you can avoid.

  • Obama takes tougher line against Gaza casualties
    Obama takes tougher line against Gaza casualties

    WASHINGTON (AP) — The Obama administration condemned the deadly shelling of a United Nations school in Gaza Wednesday, using tough, yet carefully worded language that reflects growing White House irritation with Israel and the mounting civilian casualties stemming from its ground and air war against Hamas.

  • Ukraine official: Rebels lay mines near crash site
    Ukraine official: Rebels lay mines near crash site

    DONETSK, Ukraine (AP) — International observers turned back Wednesday after making another attempt to reach the site where Malaysia Airlines Flight 17 went down in eastern Ukraine, and a government official said the area near the zone had been mined by pro-Russian separatists who control it.

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

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

  • Jury awards Ventura $1.8M in defamation case
    Jury awards Ventura $1.8M in defamation case

    ST. PAUL, Minn. (AP) — Former Minnesota Gov. Jesse Ventura won $1.8 million Tuesday in his two-year fight to prove he was defamed by a military sniper and best-selling author who claimed to have punched out Ventura at a bar for bad-mouthing the Navy SEALs.

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