viral newses

Last year was a tough one for many hedge funds, with over 60% losing money, according to a report from Institutional Investor . Despite the difficult year, which included extreme volatility in the fourth quarter, some leading hedge-fund managers received some insane levels of compensation. The list is dominated by the industry’s heavyweights, like Ray Dalio who appeared on the list for the first time since 2011. Dalio’s $2 billion payout for 2018 comes out to $5.5 million per day, or $228,310 per hour, according to Institutional Investor . And while Dalio was the big winner, 12 of the 25 managers who qualified for last year’s list failed to make it this year — even though the minimum requirement of $50.8 million was the lowest since 2003, Institutional Investor said. Appaloosa Management’s David Tepper and Third Point’s Daniel Loeb were the only two managers to in last year’s top 11 who failed to make the top 25 in 2018. The top nine earners are detailed below: Read More f...

Americans by nearly 2 to 1 oppose Donald Trump ’s attempts to build a wall across the U.S.-Mexico border and just three in 10 in the latest ABC News/Washington Post poll support making it harder for undocumented immigrants to request asylum protection in the United States. Interested in Immigration? Add Immigration as an interest to stay up to date on the latest Immigration news, video, and analysis from ABC News. Sixty-four percent oppose Trump declaring a national emergency in order to build a wall without congressional approval, while 34% back him. That includes 55% who “strongly” disapprove, vs. 28% who strongly support. See PDF for full results, charts and tables. Just 30%, moreover, favor making it harder for undocumented immigrants to seek asylum, as Trump has proposed. Essentially as many, 27%, would make it easier, while 34% favor leaving the law as it is now. Majority opposition to Trump’s policies stands even as a sense of the seriousness of the situation has rise...

In recent weeks, Tesla CEO Elon Musk has made and detailed the extraordinary claim that Tesla vehicles will defy the laws of the automotive market by becoming more valuable after customers purchase them. “If you buy a Tesla today, I believe you are buying an appreciating asset, not a depreciating asset,” Musk said during an interview with MIT research scientist Lex Fridman. Musk’s prediction is based on two assumptions: Tesla vehicles will be able to drive themselves without any human input by the end of 2018, and customers will be able to make money from their vehicles by including them in an autonomous ride-hailing service Musk says will be ready next year. Read more: Elon Musk’s prediction that it will have a robo-taxi service ready by the end of 2020 is a ‘publicity stunt,’ an expert says Still, Musk’s claim that Tesla vehicles sold today will command higher prices in the future is unusual, because, in almost all cases, a car begins losing value the moment it is driven off...

Japan’s new Emperor Naruhito has formally ascended the Chrysanthemum Throne, a day after his father Akihito abdicated from the world’s oldest monarchy and ushered in a new imperial era. Naruhito officially became emperor at the stroke of midnight local time (1500GMT Tuesday) but the process will be formalised on Wednesday with the 10-minute ritual, which is off-limits to female royals – even his wife Masako. It took place on the first day of the new imperial era of Reiwa, meaning “beautiful harmony”, which will last throughout Naruhito’s reign. The 59-year-old was presented with the sacred imperial treasures of a sword and a jewel, as well as the seal of state and his personal imperial seal, at a solemn ceremony in the Room of Pine in the Imperial Palace at 10:30am local time (0130 GMT).  Shortly afterwards, joined by Masako and other royals, Naruhito addressed the nation for the first time as its 126th emperor, as he vowed to stand with the Japanese people. He swore to “ac...

Hundreds of Venezuelans rallied on Tuesday after opposition leader Juan Guaido called for a “military uprising” in his strongest move to take down President Nicolas Maduro since declaring himself interim president earlier this year.  Guaido, in a video posted on Twitter earlier on Tuesday, said he had started the “final phase” of his campaign to remove Maduro from power, calling on Venezuelans and the military to back him. He was surrounded by individuals in military uniforms and opposition politician Leopoldo Lopez in Venezuela , who has been under house arrest since being found guilty of inciting violence during anti-government protests in 2014. Guaido said he was at the Caracas airbase La Carlota and called for people to come out in support as well.  “The time is now,” Guaido said. “We are going to achieve freedom and democracy in Venezuela,” he added, urging supporters to take to the streets. Shortly after, a small group of armed troops, who had appeared to pledge ...

Jon Steinberg broke a lot of the rules of digital media when he launched Cheddar in 2016 as a live video service for millennials who were drifting away from traditional TV. While others said you needed to own your audience, focus on brand-safe content, and have a subscription revenue stream, the former BuzzFeed president built a news brand on other people’s platforms and based on advertising. That approach has won over investors and advertisers, if not media pundits. Cheddar raised $54 million in two years and was on track to do $27 million-plus in revenue last year and move toward profitability this year. And cable system Altice USA just bought it for $200 million in cash. That’s a healthy multiple considering the recent industry rule of thumb that said venture-funded digital media companies would sell for 2.5 to 5 times their past year’s revenue. “It’s a great result for the digital video world,” said Peter Csathy, founder and chairman of media consulting firm Creatv Media. “It ...

Two people have been killed and four others wounded – two with life-threatening injuries – in a shooting at the University of North Carolina. UNC Charlotte issued a campus lockdown late on Tuesday afternoon, saying shots had been fired. Later in the evening, the campus was declared secure after a suspect was taken into custody. The Charlotte-Mecklenburg Police Department said in a statement on Twitter that one person was in custody and no one else is believed to be involved. Television station WBTV in Charlotte reported that gunfire erupted about 5:45 pm local time (2145 GMT) near the university’s Kennedy Hall administrative building. The Mecklenburg EMS, an independent agency that handles emergency services for the county, confirmed that two people were dead on the scene and that four others were taken to a nearby hospital, two of them with life-threatening injuries.  BREAKING: Video shows police responding to active shooter at UNCC Charlotte – 6 shot, one in custody. pic.t...

On Tuesday, Alphabet announced that former Google CEO Eric Schmidt and former Google Cloud CEO Dianne Greene will not seek re-election to its board of directors. Schmidt’s exit comes after 18 years on the board. According to the press release on Tuesday, the former Google CEO will continue on as a “technical advisor to Alphabet.” Greene’s departure was perhaps more predictable, as the former cloud chief exec was replaced by Oracle veteran Thomas Kurian in January of this year. Greene served on Alphabet’s board since 2012. News of the departures come on the same day as Alphabet’s stock plunged more than 8%, wiping out more than $70 billion in market value. This story is developing. Read More from Viral Newses http://bit.ly/2J5NxZQ

A Marine Corps reservist is under investigation for posting a photo on Instagram that showed four pairs of boots in the shape of a swastika. “We can confirm that Pfc. Anthony D. Schroader is a member of the Selected Marine Corps Reserve and is assigned to 4th Air Naval Gunfire Liaison Company, Force Headquarters Group, Marine Forces Reserve located in West Palm Beach, Florida,” Marine Forces Reserve confirmed to ABC News on Tuesday. Schroader allegedly sent the photo to Marine veteran Maximilian Uriarte last week, asking him to post it on the social media pages for “Terminal Lance,” a popular comic series by Uriarte about the Marine Corps. Instead, Uriate tweeted the photo to Marine Corps officials, asking them to investigate. He then deleted the tweet after he got confirmation from the Corps that they would look into the photo, according to Task & Purpose which first reported the story . “There is no place for racial hatred or extremism in the Marine Corps,” Marine Forces Res...

Torrential rain continued to batter northern Mozambique  on Tuesday, several days after Cyclone Kenneth, as the United Nations said aid workers faced “an incredibly difficult situation” in reaching thousands of survivors. The rains grounded aid operations for a third consecutive day leaving some of the worst-hit communities cut off with very limited supplies. A planned World Food Programme (WFP) flight to the island of Ibo was on standby until the weather improved, according to Deborah Nguyen, spokeswoman for the agency. “We are really concerned about the situation for people on Ibo island,” she said, as they had been left out in the open after the majority of homes were destroyed, and with very limited food. “For us, it’s a frustrating day … There is not much we can do to reach these islands now,” she said. The government again urged residents of the main city of Pemba to flee to higher ground as flooding continued.  More than 570 millilitres has fallen in Pemba since ...

One of the biggest unsolved puzzles of the post-recession era has been the stagnation of productivity . It’s not just a US phenomenon. In advanced economies around the world, the output derived from every hour of work has been declining, capping the extent to which workers have been able to contribute to growth. Sluggish productivity gains also help explain why wage growth has been nearly stagnant for most of the recovery. This puzzle — and why it needs to be solved — was one of the threads that ran through panel discussions at the Milken Institute Global Conference on Monday. The remarks were kickstarted by Christine Lagarde, the managing director of the International Monetary Fund (IMF), who said that productivity growth will be a critical component of the US economy’s future. And from an investor’s perspective, Tom Finke, the CEO of Barings, said productivity should be considered alongside other fundamentals like earnings when weighing what to trade in capital markets. Below ...

Sudanese protest leaders have called for a mass rally amid mounting tensions over the composition of a joint civilian-military council to run the country following the removal of Sudan ‘s longtime ruler, Omar al-Bashir.  In a statement on Tuesday, the political parties and movements behind the months-long anti-government protests urged supporters  to gather for a “million-strong march” on May 2 to keep up the pressure for civilian rule. The appeal came hours after Sudan’s military rulers warned against “chaos” and called on protesters to clear roads and railways, saying seven provinces were running low on essential supplies.  Mohamed  Naji al-Assam, spokesman for the Sudanese Professionals Association (SPA), the main protest group, said the ruling military council  was “not serious” about transferring power to civilians. “With the passing of time the powers of the military council are expanded and this is a very big danger for the Sudanese revolution,” he s...

BEVERLY HILLS — Risks to the global market landscape were a major talking point during the first day of the Milken Institute Global Conference — perhaps unsurprisingly, given recent trepidation over a possible recession. What was surprising, however, was the failure of Milken panelists to agree on the most likely source of turbulence. There’s usually something resembling consensus around the biggest risk, whether it may be the US-China trade war, or the Federal Reserve . But not right now. Without a clear-cut adversary, both the investing landscape and the economy are as uncertain as it’s been in some time. That’s forced experts like those speaking at Milken to shift into a more defensive stance, even as financial markets stay strong in the immediate term. It all fits with the cautiously optimistic tone that characterized the first-day panels at Milken. While there are still returns to be gleaned in the market, most everyone is looking over their shoulder, waiting for a differen...

The Trump administration is working to designate the  Muslim Brotherhood a foreign “terrorist” organisation, the White House said on Tuesday, which would bring sanctions against Egypt’s oldest Islamist movement. “The president has consulted with his national security team and leaders in the region who share his concern, and this designation is working its way through the internal process,” White House press secretary Sarah Sanders said in an email. Egyptian President Abdel Fattah el-Sisi  had urged US President Donald Trump to take the step during an April 9 visit to the White House,  the New York Times  reported  on Tuesday , citing officials familiar with the matter. After the meeting, Trump praised Sisi as a “great president,” as a bipartisan group of US politicians raised concerns about Sisi’s record on human rights. The Muslim Brotherhood, or Ikhwan al-Muslimeen, is a revivalist Islamic movement, formed in Egypt in 1928. One of the oldest and most i...

People are speculating that Kylie Jenner and Jordyn Woods ’s friendship might still be in a bad place after the Keeping Up With The Kardashians star deleted a picture of them from her Twitter header. The Kardashian-Jenner clan often make subtle changes to their social-media accounts as a result of their many feuds, which is why fans have been keeping a close eye on the 21-year-old’s personal and business profiles. Tumblr Just weeks ago, some people were convinced that Jordyn and Kylie would repair their friendship because the latter still had a picture from their Kylie Cosmetics collaboration on her main profile. Fast forward to today and she’s deleted the picture in favour of a promotional shot from her Kybrow collection. Even though this is partly a professional decision, there’s speculation that her personal feelings also came into the swap. Twitter Having said that, an insider recently told Us Weekly that there’s still hope for a reunion: “They’ll r...

President Donald Trump has called for new rules for asylum seekers , including charging them a fee, limiting their ability to work legally and demanding that the courts resolve their claims within 180 days. Interested in Donald Trump? Add Donald Trump as an interest to stay up to date on the latest Donald Trump news, video, and analysis from ABC News. The plan, outlined in a White House memo released late Monday, is the administration’s latest attempt to deter a massive influx of families migrating to the U.S.-Mexico border. Trump’s mandate is one of several steps the administration is considering as part of a broader strategy at the border. Last week, Trump has issued a separate memo aimed at combating visa stays. The administration also has discussed the possibility of building tent cities along the border and is examining an external study that suggests the president use “emergency regulation” to detain families longer. “This strategic exploitation of our Nation’s humanitar...

President Donald Trump, his children, the Trump Organization, and the Trump family trust filed a lawsuit Monday against Deutsche Bank and Capital One to bar them from complying with congressional subpoenas. The suit, first reported by The New York Times, alleges that the subpoenas “have no legitimate or lawful purpose” and were issued “harass” Trump and “to rummage through every aspect of [Trump’s] personal finances, his businesses, and the private information of the President and his family, and to ferret about for any material that might be used to cause him political damage.” Deutsche Bank informed Trump on April 17 that it had received Congress’ subpoenas, which seek “records and/or information relating to banking activities, including information regarding accounts, financings, and related financial information” for the plaintiffs, the filing said. The bank was preparing to turn over the information to lawmakers by May 6. The court filing said the congressional subpoena sought...

Diosdado Cabello, the head of  Venezuela ‘s pro-government constituent assembly, has called on supporters of President Nicolas Maduro to rally at the presidential palace after opposition leader Juan Guaido said troops had joined him to overthrow Maduro. Guaido, speaking earlier on Tuesday near the La Carlota air force base in Caracas, said the “final phase” to end Maduro’s presidency had begun. Guaido, in a video posted on his Twitter account, was speaking in the company of men in military uniform and opposition politician Leopoldo Lopez, who had been under house arrest after he was found guilty of inciting violence during anti-government protests in 2014. “The national armed forces have taken the correct decision, and they are counting on the support of the  Venezuela n people,” Guaido said. He also called on people to go out to the streets and asked them to go to La Carlota. En el marco de nuestra constitución. Y por el cese definitivo de la usurpación. https://t.co/...

Sudan’s ruling Transitional Military Council has said the army will not accept unrest in the country, a day after protesters said soldiers were trying to disperse a sit-in in capital Khartoum. “We will not accept chaos. We will deal with it firmly in accordance with the law,” Mohamed Hamdan Dagalo, the Transitional Military Council’s vice president, said in a press conference on Tuesday. “We do not want to escalate the situation. We are committed to negotiation. After today, there will be no chaotic scenes,” he added. Thousands of protesters have been camping outside the army headquarters in Khartoum, almost three weeks after the military and security forces removed former president Omar al-Bashir from power on April 11 On Monday, Sudan’s main protest group said the military was trying to remove barricades at the sit-in outside the army headquarters. “The military council is a copy cat of the toppled regime. The army is trying to disperse the sit-in by removing the barricades,”...

Erik Prince – the founder of the controversial private security firm Blackwater and a prominent supporter of US President Donald Trump – has been pushing to deploy a private army to help topple Venezuela ‘s socialist president, Nicholas Maduro , four sources with knowledge of the effort told Reuters. Over the last several months, the sources said, Prince has sought investment and political support for such an operation from influential Trump supporters and wealthy Venezuelan exiles. In private meetings in the United States and Europe , Prince sketched out a plan to field up to 5,000 soldiers-for-hire on behalf of Venezuelan opposition leader Juan Guaido , according to two sources with direct knowledge of Prince’s pitch. One source said Prince has conducted meetings about the issue as recently as mid-April. White House National Security Council Spokesman Garrett Marquis declined to comment when asked whether Prince had put his plan to the government and whether it would be consid...

As advertisers converge on the Digital Content NewFronts, the annual digital-ad marketplace, one elephant in the room is the rise of ad-free entertainment at the expense of traditional ad-supported TV. Netflix is the most notable example, followed by the ad-free tier of Hulu and HBO, not to mention a slew of subscription-heavy services coming from Apple, WarnerMedia, and Disney. On top of that, there’s an increasing number of ways people are avoiding ads when listening to music or reading the news, whether by paying for services such as Spotify Premium, The Athletic, and The Information , or using ad-blocking software. Read more: Netflix is changing its strategy and letting creators peek into its walled garden as Apple and Disney competition looms EMarketer predicted that by the end of 2018, 30% of internet users in the US would be using an ad blocker, up from 25% two years earlier. Advertising to the wealthy will only get harder Advertising-industry execs say the trend is th...