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The average pay for America’s private university presidents grew by 10.5% in 2017, with dozens receiving more than million and three topping the million mark, according to an annual survey by The Chronicle of Higher Education.The survey, released Tuesday, finds that private university presidents at more than 500 schools averaged 8,000 in total annual compensation, including salary, bonuses, benefits and other perks. Their average pay increased by 4% in 2016 and by 9% in the previous year.The two top earners in 2017 both came from schools in Rhode Island. Ronald K. Machtley, of Bryant University, received .28 million, while John J. Bowen, of Johnson & Wales University, received .3 million. Bowen retired at the end of 2018, and Machtley has announced he will retire later this year.Although both presidents earn base salaries under million, their total pay was inflated by deferred compensation deals that came to fruition in 2017, The Chronicle found. Under such deals, colleges set aside money each year to be paid to their chiefs at a future date. Deferred compensation is becoming common at U.S. colleges as a way to discourage leaders from taking jobs elsewhere.A statement from Bryant University says Machtley has “transformed Bryant from a regional college to a leading university in its field.”“At 24 years, President Machtley has served nearly quadruple the 6.5 year average tenure of a university president,” the school said. “Since President Machtley is one of the longest serving university presidents in the nation, it’s not surprising that the 2017 payment of his long-term compensation pushed him to the top.”Bryant enrolls about 3,800 students in Smithfield, Rhode Island.Officials at Johnson & Wales University said Bowen’s pay package was established 18 years ago and later updated to reflect his accomplishments and years of service. James H. Hance Jr., chairman of the school’s Board of Trustees, said Bowen started as a faculty member and worked his way up to chancellor over decades at the university.“During his 45 years at JWU, the university experienced growth in both enrollment and new facilities while successfully achieving many of the goals set forth in its strategic plans,” Hance said in a statement.Behind Machtley and Bowen were Shirley Ann Jackson of New York’s Rensselaer Polytechnic Institute, who received .2 million; Amy Gutmann of the University of Pennsylvania, with .9 million; and Ronald Daniels of Johns Hopkins University, with .7 million.Officials at Rensselaer, Penn and Johns Hopkins did not immediately respond to requests for comment.The survey found that 64 private university presidents made more than million in 2017, up from 61 the year before. The number of executives topping million grew, too, from eight to 11. For many of the top earners, salaries accounted for less than half of their overall pay, while the rest came from bonuses and other perks. The Chronicle’s survey is based on university tax filings for 2017, the latest year available. It includes yearly salaries, along with a variety of other forms of compensation including health insurance, housing and retirement benefits.In a separate survey in July, The Chronicle found that public university chiefs were paid an average of 4,000 in 2018, an increase of about 10% over the year before. Seventeen public university presidents made million or more in 2018, compared with a dozen the year before. 3479

The Dow Jones Industrial Average is on quite a roller coaster ride. After the Dow Jones had its largest single-day drop in its history on Thursday, the index recovered in a big way on Monday, setting a single-day record for gains. The Dow closed on Monday up 1,293 points. The previous largest one-day rise in the Dow was on Dec. 26, 2018, when the Dow jumped 1,086 points. Although the Dow had a good day on Monday, it was not enough to erase the worst week the Dow has had since the financial crisis of 2008. The Dow lost nearly 4,000 points, or 15% of its value, last week. 589

The federal emergency alert program was designed decades ago to interrupt your TV show or radio station and warn about impending danger — from severe weather events to acts of war.But people watch TV and listen to radio differently today. If a person is watching Netflix, listening to Spotify or playing a video game, for example, they might miss a critical emergency alert altogether."More and more people are opting out of the traditional television services," said Gregory Touhill, a cybersecurity expert who served at the Department of Homeland security and was the first-ever Federal Chief Information Security Officer. "There's a huge population out there that needs to help us rethink how we do this."Possible vs. practicalAdding federal alerts to those platforms might not entirely be a technical issue, at least on the government's end. The service has already been updated to include smartphones.And FEMA, the agency that manages the system's technology, told CNN Business that there are "no known technical hurdles involved in transmitting alerts" to devices that are connected to the internet. In fact, the agency has a way to do that, according to a FEMA spokesperson.But a new tool would need to be developed to distribute alert information to streaming platforms. FEMA said the "unknown quantity" is figuring out who would develop and install the applications.That's not a simple task, said Touhill, who's now president of the cybersecurity firm Cyxtera Federal Group. He told CNN Business that the required tool would need to be "exquisitely complex." It would need to be thoroughly tested and safeguarded to ensure that only authorized parties have access."Is it possible? Yes. Is it practical? Maybe not," Touhill told CNN Business.Another concern is whether devices connected to the internet are reliable indicators of a person's location. Emergency alerts need to be able to target a specific area so that they only reach people who are at risk.People on the internet can be traced through their IP addresses — unique strings of numbers assigned to each device that are also associated with a specific set of geographic coordinates. That's how companies like Netflix determine which language and content to show its customers.But those locations can be unreliable or easily manipulated, Touhill said.It's also not clear that enough information is there in some cases. A source familiar with Netflix's thinking told CNN Business that the company's ability to pinpoint a customer's exact location may vary depending on that person's internet service provider. That means Netflix might not reliably know a person's location with enough specificity to provide effective emergency alerts.Congress has considered some of these issues. Hawaii Senator Brian Schatz, a Democrat, proposed a bill last year that called for authorities to look into the feasibility of adding streaming services to the federal emergency alert system.The 2956

The Federal Aviation Administration is barring U.S. pilots and carriers from flying in areas of Iraqi, Iranian and some Persian Gulf airspace. The agency is warning of the “potential for miscalculation or mis-identification" for civilian aircraft amid heightened tensions between the U.S. and Iran. The emergency flight restrictions follow ballistic missile strikes Tuesday on two Iraqi bases that house U.S. troops. Such restrictions are often precautionary in nature to prevent civilian aircraft from being confused for ones engaged in armed conflict. 565

The Cincinnati Reds Twitter account might have summarized the events of Tuesday night best: "There's a lotta stuff going on rn."There sure was, as that "stuff" included Reds outfielder Yasiel Puig being involved in a benches-clearing brawl mere minutes after news broke he was being traded.The Reds were hosting the Pittsburgh Pirates at Great American Ball Park in Cincinnati. The National League Central division teams already didn't like each other. Their rivalry goes back years, including a benches-clearing incident back on April 7 in Pittsburgh.Tempers would flare again, but first, a little after 10 p.m. ET on Tuesday, news of a blockbuster deal began to circulate. 687