SEC chair Mary Schapiro leaving post

President Barack Obama announced Monday he had picked Securities and Exchange Commissioner Elisse Walter to replace outgoing Chairman Mary Schapiro, who plans to step down in mid-December. Schapiro has helmed the agency since January 2009, winning confirmation with the economy shaken to its core by the global financial meltdown.Walter is a former top official of the Financial Industry Regulatory Authority,...

Read More..

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...

Read More..

Saudi telco regulator suspends Mobily prepaid sim sales

(Reuters) – Saudi Arabia‘s No.2 telecom operator Etihad Etisalat Co (Mobily) has been suspended from selling pre-paid sim cards by the industry regulator, the firm said in a statement to the kingdom’s bourse on Sunday.Mobily’s sales of pre-paid, or pay-as-you-go, sim cards will remain halted until the company “fully meets the prepaid service provisioning requirements,” the telco said in the statement.These...

Read More..

Psy’s “Gangnam Style” video becomes YouTube’s most viewed

LOS ANGELES (Reuters) – South Korean rap star Psy‘s music video “Gangnam Style” on Saturday became the most watched item ever posted to YouTube with more than 800 million views, edging past Canadian teen star Justin Bieber‘s 2-year-old video for his song “Baby.”The milestone was the latest pop culture victory for Psy, 34, a portly rap singer known for his slicked-back hair and comic dance style who...

Read More..

German research points way to faster flu vaccines

LONDON (Reuters) – An experimental vaccine based on a molecule related to DNA protects animals against influenza and may one day offer an ultra-rapid way to develop new shots for humans, German scientists reported on Sunday.Assuming it also works in people, the new approach could allow commercial flu vaccines to be designed and manufactured in weeks rather than months.Making vaccines quickly is critical...

Read More..

Black Friday sales slip as shoppers opt for Thursday ‘doorbusters’

Security guards break up a fight between shoppers outside a Bowling Green, Ky., Target, Nov. 22, 2012. (AP)Black Friday, the official kickoff to the holiday shopping season, saw more foot traffic than ever before, according to estimates. But it appears so-called "doorbuster" deals offered the day before dinged sales.According to ShopperTrak, which tracks retail foot traffic, there were more than 307...

Read More..

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...

Read More..

6 ways to tweet yourself out of a job

Hate your job? Want to leave without giving two weeks notice? Thanks to Twitter, it’s never been easier to get fired, says Rob Lammie at Mental FlossStep 1: Drunk tweetAs any Spring Break partier knows, drinking impairs your judgment. It seems to have also impaired the judgment of Major League pitcher-turned-sports-radio-host Mike Bacsik, who put on quite a show during a San Antonio Spurs and Dallas...

Read More..

Ang Lee talks about risks, spirituality of “Life of Pi”

NEW YORK (Reuters) – Gay cowboy drama “Brokeback Mountain” may have been considered a risky film to make, but director Ang Lee said his new movie, “Life of Pi,” a 3D exploration of faith about a boy stranded on a boat with a Bengal tiger, is his riskiest yet.The film, which was released in U.S. theaters this week, is adapted from Yann Martel‘s best-selling novel of the same name and was once considered...

Read More..

Four new cases of SARS-like virus found in Saudi, Qatar

LONDON (Reuters) – A new virus from the same family as SARS which sparked a global alert in September has now killed two people in Saudi Arabia, and total cases there and in Qatar have reached six, the World Health Organisation said.The U.N. health agency issued an international alert in late September saying a virus previously unknown in humans had infected a Qatari man who had recently been in Saudi...

Read More..