Insight: Wall Street, facing fiercer watchdog, flees U.S. power markets

NEW YORK (Reuters) - When federal regulators proposed a six-month penalty on JPMorgan Chase & Co's electricity trading arm last month, they took aim at what is now a rare sight on Wall Street: a large and growing power sales business. After five years of rapid and lucrative growth, the world's biggest investment banks are now dramatically scaling back their U.S. power operations, a Reuters analysis...

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AP Sources: Jets could trade QBs Sanchez, Tebow

FLORHAM PARK, N.J. (AP) — Mark Sanchez is no longer the face of the New York Jets. He could soon be a former member of the team.And Tim Tebow might even beat him out the door.A person with knowledge of the situation told The Associated Press on Thursday that the Jets will consider all of their options regarding the two quarterbacks during the offseason. That means both Sanchez and Tebow are in limbo...

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It's official, Andersen is new Wisconsin coach

MADISON, Wis. (AP) — Several schools tried to lure Gary Andersen away from Utah State.Wisconsin finally got him.Andersen was officially hired as the Badgers' new coach Thursday, and will be formally introduced at a news conference Friday morning. He replaces Bret Bielema, who left the Badgers for Arkansas this month."I don't know if I can really have a word for how excited I am to be at Wisconsin...

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Canadian Football Hall of Famer Eagle Keys dies at 89; won three Grey Cups

VANCOUVER - Canadian Football Hall of Fame inductee Eagle Keys has died at the age of 89.Keys played centre and linebacker for five years with the Montreal Alouettes (1949-51) and with the Edmonton Eskimos (1952-54), being named to three CFL all-star teams.He became a coach after retiring as a player, starting as an assistant in Edmonton in 1955. He became the Eskimos' head coach in 1959, a job he...

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Lebron shines brightest on every stage

(Reuters) - LeBron James finally captured an elusive National Basketball Association title to cap a year where he silenced his critics and shared the spotlight with some unlikely players."Linsanity" became one of the new buzzwords in the NBA while a collegiate player took a sledgehammer to the record books and the Los Angeles Lakers made a blockbuster trade that rekindled memories of the team's "Showtime"...

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New generation of QBs emerge but league faces threats

MIAMI (Reuters) - A new generation of talented quarterbacks emerged in 2012 but a refereeing fiasco, worries over concussions and player behavior all left their mark on the National Football League (NFL).The year was also a tantalizing tale of the Mannings with New York Giants quarterback Eli Manning winning his second Super Bowl title in four years with a win over New England in the same stadium...

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MetLife says 2013 forecast assumes no buybacks

(Reuters) - MetLife Inc's  2013 earnings forecast assumes no share buybacks, the company's chief executive said on Thursday.The Federal Reserve has twice blocked MetLife from buying back stock, a consequence of the bank holding company charter the insurer is trying to sh...

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