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  • Michael Steinberg, the highest-ranking employee at the hedge fund to be convicted in an insider trading sweep, was found guilty on five counts of conspiracy and securities fraud.
  • In a year that featured divisive fights over the budget, health care and presidential nominations, 65 members of the U.S. Senate took a break from partisan bickering Tuesday night to participate in a Secret Santa gift exchange.
  • After a decade of kicking the ball down the road, Congress appears ready to repeal its payment formula for Medicare and replace it with a whole new system. This time, doctors would be paid according to the quality of results they produce, rather than the number of services they provide.
  • Upwardly mobile consumers in China and Korea also are buying lots of fur, and "not necessarily your grandmother's old mink coat," says an observer. U.S. and Canadian trappers are flush; animal welfare advocates are concerned.
  • Delta CEO Richard Anderson says frequent flyers believe voice calls in the cabin would disrupt travel. So the airline announced it will ban in-flight calls even if the FCC changes the rules.
  • This super cold air is usually whirling around the Arctic. But a big piece has plunged further south than normal. One way to think about what's happening: If a spinning ice skater extends her arms, she slows down. Sometimes, she wobbles and falls. The polar vortex has sort of stretched out an arm.
  • Alcohol uses causes a lot of health problems, and most of the trouble strikes drinkers who aren't alcoholics. Something as simple as a five-question screening test and a brief chat about cutting back can help people change course. But more than 80 percent of adults say they've never discussed alcohol use with a health professional.
  • JPMorgan Chase & Co. has agreed to pay $1.7 billion to settle criminal charges accusing the bank of ignoring obvious warning signs of Bernard Madoff's massive Ponzi scheme.
  • On the 2010 album Scratch My Back, Gabriel covered songs by the musicians he loves. For the follow-up, he invited those artists — who include Arcade Fire, Randy Newman, David Byrne, Regina Spektor, Lou Reed, Bon Iver and more — to cover his own material.
  • Back in 1964, people smoked cigarettes at work, in restaurants and in grocery stores. Few would have predicted that a report from the U.S. surgeon general would spark a public health revolution that has increased life expectancy in this country by 30 percent.
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