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10 things to know for Wednesday

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[December 05, 2012]   (AP) -- Your daily look at late-breaking news, upcoming events and stories that will be talked about today:

1. WHY OBAMA MIGHT RISK GOING OVER THE `FISCAL CLIFF'

The AP's Julie Pace says the president may go for a hard-line strategy to win Republican concessions on taxes.

2. WHAT THE MILITARY COULD LOSE

The Republicans' proposal to cut $300 billion in discretionary spending could hit defense departments the hardest.

3. WHY MONGOLIA NEEDS CHINA

The AP's Charles Hutzler reports that trade in coal, cashmere and other goods with China makes up 3/4 of the nation's economy.

4. BACK TO WORK AT THE DOCKS

Negotiators vote to end an eight-day strike at the nation's largest port complex in Los Angeles.

5. PROLONGED PROTESTS IN EGYPT

Opponents of Islamist leader Mohammed Morsi call for an extended sit-in outside the presidential palace.

6. HOME IS WHEREVER YOU PARK YOUR CANOE

A homeless man travels by day in his 14-foot vessel and pitches a tent at night to sleep off of Boston Harbor.

7. NOW SAY THAT IN GERMAN

Young Europeans have the skills to work in other countries, but don't speak the languages to transfer them.

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8. SOFTWARE FOUNDER RESURFACES IN GUATEMALA

John McAfee tells The AP he will seek asylum rather than return to Belize and face questioning in his American neighbor's killing.

9. SEX EDUCATION AT HARVARD

America's oldest university recognizes a student group promoting safe, kinky sex.

10. WORLD'S OLDEST PERSON DIES AT 116

Bessie Cooper passes away peacefully at a nursing home in Georgia. Earlier in the day, she'd had her hair set.

[Associated Press]

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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