Absolute return

May 11, 2016 - Daily News Briefing

Investors need to hold hedge fund managers to account.

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25 hedge managers made $13 billion in 2015. Are the rich becoming richer?

The results come amid an election season in which inequality has taken center stage.

More Americans, Japanese saying Hiroshima bombing was wrong

President Obama plans to visit the Hiroshima memorial at the end of the month as both countries try to move on from the catastrophic bombing with dignity.

Flee Trump, find love: Canadian dating site calls to American singles

Maple Match pairs Americans and Canadians in an effort to help American 'refugees' move to Canada. "Make dating great again," the site promises.

How an army of oil-eating bacteria can clean up the Gulf

In a new study published Monday, a team of researchers say certain bacterial species can use their natural metabolism to efficiently clean up spilled oil.

E-mails from former Hillary Clinton staffer still missing. Big deal?

The State Department hasn't come up with much of an e-mail trail on the man who helped Secretary Clinton set up a private e-mail server. For Republicans, it's a talking point as they try to raise questions about Clinton’s truthfulness.

Our air weighed a lot less billions of years ago, say researchers

Scientists previously thought they had an explanation for the so-called 'faint young sun paradox' in our solar system's early history. But new research could turn that solution on its head.

Influencers oppose expanding federal hacking authorities

Nearly two-thirds of Passcode’s Influencers said US judges should not be able to issue search warrants for computers located outside their jurisdictions.

Why China disapproves of a US ship legally sailing through South China Sea

A US destroyer sailed within 12 nautical miles of Fiery Cross Reef in the South China Sea Tuesday. And while this US navigation is considered legal by international maritime law, China sees the move as provocative.

Free bikes and tubas? How Helsinki is rebooting social connection

Step away from your laptops! How Finns are using libraries and other civic organizations to create a culture of belonging in Helsinki.

No, Ted Cruz is not restarting his campaign. Stop that speculation.

The Texas senator made it clear that while his presidential bid has ended, he’s still running hard for the post of Mr. Conservative.

Which Hyperloop tech will come out on top?

Originally envisioned by Elon Musk, a high-speed Hyperloop transit system is now under development at SpaceX and two new competing startups.

Baidu, China's Google, overhauls advertising following investigation

The Chinese government has set more restrictive advertising policies on Baidu, the largest Chinese-language search site. But Baidu is not the only media giant that influences the way people interact with what they see.

Gap: Can icon of American casual wear survive fast-fashion universe?

The company reported worse-than-expected sales for the first quarter of the year and hinted that it might close some stores overseas.

World's oldest axe found in the wilds of Australia

Archaeologists working in Western Australia have dated an axe to between 46,000 and 49,000 years ago, making it the oldest of its kind to be discovered anywhere in the world.

Why are carrots orange?

Carrots have recently joined the elite ranks of vegetables whose entire genome has been sequenced – revealing the secret behind the vegetable's iconic color.