Wall Street sags, "cliff" angst steals retailers' Christmas

NEW YORK (Reuters) - U.S. stocks fell on Wednesday as retailers' shares dropped sharply after a report that showed holiday shoppers were less enthusiastic than last year, with investors saying worries about the "fiscal cliff" may have kept them away from stores. The Morgan Stanley retail index <.mvr> skidded 1.8 percent as holiday-related sales rose 0.7 percent from October 28 through...

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Syria envoy seeks peace as clashes rage

BEIRUT (Reuters) - International envoy Lakhdar Brahimi pursued mediation efforts in Damascus on Tuesday, but there was no pause in the bloodletting as Syrian Christians marked a bleak Christmas Day with prayers for peace. "We are here in a cave that symbolizes Syria right now," said a priest standing beside a nativity scene in a grotto. "It is cold here but the door is open...

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China may require real name registration for internet access

BEIJING (Reuters) – China may require internet users to register with their real names when signing up to network providers, state media said on Tuesday, extending a policy already in force with microblogs in a bid to curb what officials call rumors and vulgarity.A law being discussed this week would mean people would have to present their government-issued identity cards when signing contracts for...

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Jessica Simpson Confirms: I'm Pregnant Again!

Mom & Babies Celebrity Baby Blog 12/25/2012 at 12:15 PM ET Courtesy Jessica Simpson; Jamie McCarthy/WireImage It’s official: the stork is once again headed to Jessica Simpson‘s house!Just seven months after the singer and actress delivered daughter Maxwell Drew, Simpson and fiancé Eric...

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Predicting who's at risk for violence isn't easy

CHICAGO (AP) — It happened after Columbine, Virginia Tech, Aurora, Colo., and now Sandy Hook: People figure there surely were signs of impending violence. But experts say predicting who will be the next mass shooter is virtually impossible — partly because as commonplace as these calamities seem, they are relatively rare crimes.Still, a combination of risk factors in troubled kids or adults including...

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Yen on defensive on U.S. fiscal worry, helps Nikkei

TOKYO (Reuters) - Uncertainty over whether U.S. lawmakers will strike a deal by an end-of-year deadline to avert a severe fiscal retrenchment undermined the yen and bolstered Japanese shares on Tuesday in low volume, with many participants away on Christmas holiday. The dollar rose to a 20-month high of 84.965 yen early on Tuesday in Asia, as Japanese markets caught up with global investors...

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Afghan policewoman kills coalition contractor in Kabul: NATO

KABUL (Reuters) - An Afghan woman wearing a police uniform shot dead on Monday a civilian contractor working for Western forces in the police chief's compound in Kabul, NATO said. The incident is likely to raise troubling questions about the direction of an unpopular war. It appeared to be the first time that a woman member of Afghanistan's security forces carried out such...

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British retailers start online sales early

LONDON (Reuters) – British retailers have brought forward their Christmas clearance sales online in the hope that shoppers will log on to buy bargains and offset lackluster spending in stores.Marks & Spencer launched its sale online at midday on Monday, it said on its website, while department store John Lewis said it would cut online prices when its stores close at 1700 GMT. Debenhams has already...

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Sarah Drew: Baby Micah Might Be a Musician

Mom & Babies Celebrity Baby Blog 12/21/2012 at 02:00 PM ET Michael Buckner/GettyShe may shine as an actress on television, but off screen, Sarah Drew is a singing sensation — at least around the holidays.“Every year we do caroling, we love music so we do a big Christmas caroling party,” the Grey’s...

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Predicting who's at risk for violence isn't easy

CHICAGO (AP) — It happened after Columbine, Virginia Tech, Aurora, Colo., and now Sandy Hook: People figure there surely were signs of impending violence. But experts say predicting who will be the next mass shooter is virtually impossible — partly because as commonplace as these calamities seem, they are relatively rare crimes.Still, a combination of risk factors in troubled kids or adults including...

Read More..