December 6, 2012 Officials at Spelman College, a historically black women's college in Atlanta, have decided to scrap the school's NCAA program. With few students participating in organized sports, the college has decided to devote those funds to a fitness program designed to reach the entire student body.
December 6, 2012 Consumers are feeling positive, but the mood among business owners is at recession levels. A third of businesses in a recent survey said they plan to cut back on spending in the next year; 1 in 5 say they'll reduce staff. A big reason is the uncertainty caused by looming federal fiscal decisions.
December 6, 2012 Most New York City subway stations affected by Superstorm Sandy are up and running again. But others, submerged by seawater during the storm, will need to be gutted before they can reopen. The South Ferry station in lower Manhattan alone could cost $600 million to repair.
December 5, 2012 The president and House Republicans continued to snipe at each other Wednesday over the impending set of automatic tax hikes and spending cuts known as the fiscal cliff. President Obama and House Speaker John Boehner later spoke briefly by phone for the first time in a week, according to reports.