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Prepare to question your career choices.A 9-year-old boy who reviews new toys online has been named the highest-paid YouTube star of 2020 by Forbes.The media company says the boy, Ryan Kaji, raked in .5 million over the course of a year, from June 2019 to June 2020.According to Forbes, Kaji has amassed about 41.7 million subscribers on his YouTube channels, including more than 27.7 subscribers on his main channel Ryan’s World.The young entrepreneur draws kids from around the world to his videos. Along with reviewing toys, he records DIY science experiments and shares stories with his family.Not all of Kaji’s money comes from YouTube though. Forbes says a bulk of the boy’s business comes from licensing deals for thousands of Ryan’s World products, which range from bedroom décor to toys.Behind Kaji in the list of top YouTube earners were Mr. Beast (Jimmy Donaldson) at million, Dude Perfect at million, Rhett and Link at million, and Markiplier (Mark Fischbach) at .5 million.Forbes says it estimated the earning of the YouTubers based on data from Captiv8, SocialBlade and Pollstar, as well as interviews with industry insiders. The amounts are pretax and don’t include deductions for agents, managers, lawyers, etc. 1253
Pope Francis has removed Bishop Martin Holley of Memphis, Tennessee, the Vatican announced on Wednesday.Archbishop Joseph Kurtz of Louisville will run the diocese in Holley's absence, the Vatican said.In a statement, the Diocese of Memphis said Holley's removal follows an "apostolic visitation" -- churchspeak for a Vatican-led investigation -- in June 2018. The diocese also said there had been "several efforts to restore peace and serenity," which apparently failed.In a statement, Kurtz said: "I am eager to work with the priests, curia, and faithful of the Diocese of Memphis to promote stability, peace, and healing until Pope Francis appoints a new bishop."The archbishop continued, "I ask for prayers for Bishop Martin Holley as he departs from this local church and for the entire Church of Memphis. Let us pray for one another during this time of transition." 878
President Donald Trump said he spoke to officials with the Big Ten conference on Tuesday about a plan for opening its 2020 football season on schedule.Trump said he spoke with Big Ten Commissioner Kevin Warren on Tuesday morning, and tweeted that a plan was "at the one yard line."The Big Ten has not commented publicly on Trump's statement.Later, Trump told reporters that he believed "Democrats" would be the biggest hurdle in getting the season started — though it's unclear which Democrats Trump was referring to, or how they would be able to shut down football games across several states.On Aug. 11, the Big Ten announced it was "postponing" all 2020 fall sports, including football, due to the COVID-19 pandemic. In its announcement, the league said it was exploring the possibility of all fall sports resuming play in the spring of 2021. 853
PORTLAND, Ore. — A peaceful protest morphed into an intense early morning confrontation between demonstrators and law enforcement in Oregon's largest city.U.S. agents fired what appeared to be tear gas, flash bangs and pepper balls early Monday to clear a mass of protesters outside the federal courthouse in Portland.Some protesters had climbed over the fence surrounding the courthouse. Others shot fireworks, banged on the fence and projected lights on the building.The city has seen nightly protests for about 60 straight days since the death of George Floyd.The Monday morning scene in Portland has become the norm in the city in recent days. Authorities declared a riot in the are of the courthouse on early Sunday morning as some protests breached a gate surrounding the building. The Associated Press reported that six people were arrested.Later on Sunday, Portland police say a person was shot at a park near where the protests take place. Two people were taken into custody in connection with the incident but later released. The person who was shot was later treated at a local hospital with non-life-threatening injuries.Portland police also reported Sunday that a bag was found at the same park that contained loaded rifle magazines and Molotov cocktails. It's unclear if the items were related to the protests, and police say the items are not connected with Sunday's shootings.Though protests have continued for weeks in Portland, they've escalated in the past week since the arrival of federal agents. The agents were sent to Portland as part of a directive from President Donald Trump and Acting Sec. of Homeland Security Chad Wolf to prevent the defacement of monuments, statues and federal property.However, both Oregon Gov. Kate Brown and Portland Mayor Ted Wheeler have said they do not welcome the presence of the agents and have asked the Trump administration to order their removal. Both Brown and Wheeler have said the presence of federal agents have heightened tensions and escalated violence. 2027
President Donald Trump launched the next salvo in his widening war on Chinese trade abuses, this time taking aim at China's unfair seizure of US intellectual property.Trump on Thursday directed the US trade representative to level tariffs on about billion worth of Chinese imports following a seven-month investigation into the intellectual property theft, which has been a longstanding point of contention in US-China trade relations. In addition to the tariffs, the US also plans to impose new investment restrictions, take action against China at the World Trade Organization and the Treasury Department also will propose additional measures."We have a tremendous intellectual property theft problem," Trump said. "It's going to make us a much stronger, much richer nation."The move, which comes on the heels of the administration's steel and aluminum tariffs that also took aim at China, has already been met with threats of retaliation from China and is heightening concerns of a global trade war that could destabilize the global economy -- fears the Trump administration has repeatedly brushed off.Trump on Thursday signed a memorandum announcing the trade actions, invoking Section 301 of the 1974 Trade Act, which formed the basis for the administration's investigation.Before signing the measure, Trump lamented the US' multi-hundred billion dollar trade deficit with China and said the action would be "the first of many."Trump prefaced his trade action by insisting he views China as a "friend" and said he has "tremendous respect" for Chinese President Xi Jinping, as he flicked to China's support in pressuring North Korea to denuclearize."They are helping us a lot in North Korea," Trump said. "But we have a trade deficit ... there are many different ways of looking at it, but no matter which way you look at it, it is the largest trade deficit of any country in the history of the world."Trump said the US would continue to engage diplomatically with China to reduce the trade imbalance, even as he signed an action that is likely to exacerbate tensions between the two countries.Robert Lighthizer, the US trade representative, said the tariffs would focus on theft of US technologies and said Trump "concluded that we should put in place tariffs on appropriate products" following the investigation."This is an extremely important action. Very significant and very important for the future of the country, really across industries," Lighthizer said.The investigation concluded that China has stolen or coerced US companies into turning over their intellectual property through a series of state-run structural maneuvers, including its requirement that foreign companies partner with Chinese companies to access the Chinese market, said Everett Eissenstat, the deputy director of the National Economic Council for international economic affairs.The investigation also assessed that China has stolen US intellectual property by hacking US computer networks, though senior administration officials said Thursday's tariffs would not account for the value of that intellectual property theft, which they estimated to be in the hundreds of billions of dollars.The incoming tariffs are the most significant to date from a President who campaigned on a promise to correct the US' global trade imbalance, particularly with China, and to revitalize US manufacturing. The move is just the latest sign that Trump is intent on putting his protectionist rhetoric into action despite concerns from economists and financial analysts, including within his own administration.Beyond the threat of a far-reaching trade war, economists have warned US consumers are likely to bear the cost of the tariffs and worries about Chinese retaliation are mounting."A trade war does no good to anyone. There is no winner," China's Premier Li Keqiang said at a news conference in Beijing in anticipation of the Trump administration's tariff action.The Trump administration, though, has said it is simply taking long-overdue action following years of unfair Chinese trading practices that they argue previous administrations have insufficiently countered.Peter Navarro, Trump's hawkish top trade adviser, said the administration had decided on the tariffs in lockstep and said the US opted to take tariff actions after dialogues with China over the last 15 years have failed to produce significant changes in Chinese behavior."Administrations before us and this administration has tried very, very hard to work with the Chinese," Navarro said. "Talk is not cheap. It has been very expensive to the American people."The tariffs will not take immediate effect. Instead, the US trade representative will publish a list of targeted goods within 15 days and will then allow for a 30-day public comment period.Pressed about the impact on US consumers, a senior administration official said the administration believed the tariffs would result in only "minimal effects" on US consumers."In terms of the broader calculus of the harm that is done by what is the theft ... of intellectual property is almost incalculable," the official said. 5136