ResCap creditors target cash from Ally asset sales: WSJ

(Reuters) – A group of creditors of Ally Financial Inc‘s mortgage subsidiary is laying claim to cash from Ally asset sales that was intended to help repay the U.S. government, which funded a $ 17.2 billion bailout of the financing firm, the Wall Street Journal reported.The creditors of mortgage firm Residential Capital LLC (ResCap) are eyeing more than $ 9 billion that Ally plans to collect from sales...

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UN climate talks open in Qatar

DOHA, Qatar (AP) — U.N. talks on a new climate pact resumed Monday in oil and gas-rich Qatar, where negotiators from nearly 200 countries will discuss fighting global warming and helping poor nations adapt to it.The two-decade-old talks have not fulfilled their main purpose: reducing the greenhouse gas emissions that scientists say are warming the planet.Attempts to create a new climate treaty failed...

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Tourists visit Southfork to remember Larry Hagman

PARKER, Texas (AP) — Tourists and locals flocked to Southfork Ranch on Saturday, bringing flowers in memory of Larry Hagman, who played the infamous J.R. Ewing on the TV show “Dallas.”Hagman died in Dallas on Friday at age 81 due to complications from his battle with cancer.Southfork, a ranch north of Dallas, was known to millions of viewers as the Ewing family home. Exterior shots of the house and...

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Donald preparing for surgery on sinuses

DUBAI (Reuters) – World number two Luke Donald is planning to have an operation in the off-season in an attempt to cure a lingering problem with his sinuses.“My sinuses are all completely clogged up and every time I get a little bit run down they turn into infections,” the 34-year-old Briton told reporters after finishing in a tie for third place at the DP World Tour Championship on Sunday.“Hopefully...

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The Man With a China Growth Plan

China’s premier-elect, Li Keqiang, ran a province of 93 million people that endured three deadly fire disasters and an HIV blood scandal on his watch. His run of bad luck as Governor of Henan from 1998 to 2004 earned him the nickname Three-Fires Li in the foreign press. Beijing’s Communist officialdom, however, has high hopes for Li, an award-winning economist for his work on urbanization, in his...

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Egypt’s Mursi faces judicial revolt over decree

CAIRO (Reuters) – Egyptian President Mohamed Mursi faced a rebellion from judges who accused him on Saturday of expanding his powers at their expense, deepening a crisis that has triggered violence in the street and exposed the country’s deep divisions.The Judges’ Club, a body representing judges across Egypt, called for a strike during a meeting interrupted with chants demanding the “downfall of...

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Hobbits, superheroes put magic in NZ film industry

WELLINGTON, New Zealand (AP) — A crate full of sushi arrives. Workers wearing wetsuit shirts or in bare feet bustle past with slim laptops. With days to go, a buzzing intensity fills the once-dilapidated warehouses where Peter Jackson‘s visual-effects studio is rushing to finish the opening film in “The Hobbit” trilogy.The fevered pace at the Weta Digital studio near Wellington will last nearly until...

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First Person: Unemployed, Disabled and Hungry for Work

Five million Americans are among the long-term unemployed–those without a job for 27 weeks or longer–according to the Bureau of Labor Statistics. Another 7.3 million are looking for work, while the unemployment rate sits at 7.9 percent. Numbers aside, individual stories illustrate how America is affected. To see how joblessness hits home, Yahoo News asked unemployed workers to share their job-hunting...

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Taming the Workplace Bully

It started during the training sessions for her new job. Elizabeth Santeramo, a cancer information specialist in New York, saw a woman across the room glance in her direction, whisper in the ear of a co-worker, and then snort derisively. The episode seemed so brazenly immature, as if plucked directly from Mean Girls, that Santeramo shrugged it off. “The work we were doing was to help people who were...

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Cricket-Australia v South Africa – second test scoreboard

ADELAIDE, Nov 24 (Reuters) – Scoreboard at the close of thethird day of the second test between Australia and South Africaat Adelaide Oval on Saturday:Australia won the toss and chose to batAustralia first innings 550South Africa first inningsG. Smith c Wade b Siddle 122A. Petersen run out 54H. Amla st Wade b Warner 11J. Rudolph c Quiney b Lyon 29AB de Villiers lbw b Siddle 1F. du Plessis c Clarke...

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