Net loss: Brooklyn fires coach Avery Johnson

NEW YORK (AP) — Coach of the month in November, out of a job by New Year's.The Brooklyn Nets have elevated expectations this season, and a .500 record wasn't good enough. Coach Avery Johnson was fired Thursday, his team having lost 10 of 13 games after a strong start to its first season in Brooklyn."We don't have the same fire now than we did when we were 11-4," general manager Billy King said at...

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A gunmaker ripe for an ethical takeover

Several .223 caliber rounds near a Bushmaster XM-15; the manufacturer's owner is putting its gun companies up for sale.STORY HIGHLIGHTSThe owner of America's largest gunmaker is putting firm up for saleJohn MacIntosh says billionaires should lead effort to acquire the gun manufacturerHe says they should change corporate practices to discourage violenceMacIntosh: One leading company could push gun...

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Snow buries parts of Northeast, flights canceled

BUFFALO, New York (Reuters) - A powerful winter storm pushed through the U.S. Northeast on Thursday, forcing the cancellation...

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Russia's Putin signals he will sign U.S. adoption ban

MOSCOW (Reuters) - President Vladimir Putin signaled on Thursday he would sign into law a bill barring Americans from adopting Russian children and sought to forestall criticism of the move by promising measures to better care for his country's orphans. In televised comments, Putin tried to appeal to people's patriotism by suggesting that strong and responsible countries should take care...

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Wall Street drops in thin session, led by retailers

NEW YORK (Reuters) - Stocks fell for a third straight day on Wednesday, dragged lower by retail stocks after a report showed consumers spent less in the holiday shopping season than last year. Trading was light, with volume at a mere 4.01 billion shares traded on the New York Stock Exchange, the Nasdaq and NYSE MKT, well below the daily average so far this year of about 6.48 billion...

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Denver rolls, keeps top spot in AP Pro32 rankings

NEW YORK (AP) — Peyton Manning and his Broncos are closing in on the playoffs as the top team in the AP Pro32 NFL power rankings.Denver strengthened its grip on the top spot Wednesday following its 10th win in a row, receiving nine first-place votes and 381 points in balloting by The Associated Press panel of 12 media members who regularly cover the league.The AFC West champion Broncos (12-3) close...

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Experimental Private Rocket Makes Highest Test Hop Yet

A privately built rocket prototype that could lead to a completely reusable spaceflight system has passed its biggest test yet — a 12-story hop and smooth landing.The experimental reusable rocket, called the Grasshopper, made its highest and longest flight yet on Dec. 17, marking the prototype’s third successful test by the private spaceflight company SpaceX.In the latest test at SpaceX’s proving...

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Climate change: No consensus needed

Lake Cachet II in Aysen, Chilean Patagonia, disappeared because of rising temperatures driven by climate change, experts say.STORY HIGHLIGHTSTseming Yang: Result of Doha climate change conference less than desirableYang: It's time to abandon the myth that a consensus solution is the best approach He says the 25 major carbon emitters should work out an agreement among themselvesYang: Smaller, focused...

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One of Chicago's most feared mobsters dies in prison

Frank Calabrese Jr., ex-mobster and author of the book Family Secrets, speaks to the Chicago Tribune's John Kass on March 14, 2011, at Bella Luna cafe in Chicago. (Nancy Stone, Chicago Tribune, March 14, 2011) ...

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Syria to discuss Brahimi peace proposals with Russia

BEIRUT (Reuters) - Syrian President Bashar al-Assad sent a senior diplomat to Moscow on Wednesday to discuss proposals to end the conflict convulsing his country made by international envoy Lakhdar Brahimi, Syrian and Lebanese sources said. Brahimi, who saw Assad on Monday and is planning to hold a series of meetings with Syrian officials and dissidents in Damascus this week, is trying...

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