But we begin halfway around the globe with a changing of the guard in saudi arabia. The man who for decades has been in charge of the largest proven crude reserves in the world has been replaced. The oil minister of saudi arabia, ali al naimi, the de facto leader of opec and when he spoke, others followed. Now theres a new man in that role and he could usher in longterm change for the sector thats been the touch point for the market. Hadley gamble reports from riyadh. Reporter after 23 years on the job, veteran oil minister ali al naimi thanked colleagues for their support on sunday, moving into a new position as adviser to the royal court and making way for a new generation of saudi leaders. Known as the super team, 24 ministers passed revamping the saudi state, including a new minister of oil. While the new appointment doesnt seem to signal a change in government policy, the reshuffle is in line with moves by the deputy crown prince to consolidate power behind the royal court. All ah
From music to reviews and beauty tutorial. The google owned brand has yet to make a profit for the wall street journal. Some stars make a pretty penny. Ever heard of ian hecock. Thu they were among top earning stars making 8. 5 million for the comedy. It gives creators a chance to cash in on their videos. Millions participate in the select program but only a handful of good money. Michelle makes 3 million for her makeup tutorials and reportedly made 4. 5 million for the videos including a morning show. To agree to let them show ads with youtube keeping 45 of the revenue but leaves space to try to lure creators away. Facebook tried to get youtube stars to post on their sites first. For 9. 99 a month, subscribers get add free videos putting the platform in direct competition with spotify and pandora. And youtube has the eyes of onethird of all Internet Users and more 18 to 49 years old than any cable network. While you may not know the next guests name, your kids probably do. Started her
The nasdaq off by 11. Take a look at at asia. Nikkei was down by a quarter percent. And the shanghai composite down by 2. 8 . In europe. Same trend weve seen. The dax is down about half a percent. The cac close to 1 . Ftsi down. 7 . And crude oil, wti is down slightly, at 44. 12. I dont think the market is ever going to go up until it stops raining. And it is 50 and raining for like the day in a row here. Only been five . Yeah and. Probably use some rain. These guys could use some. This is a worse story. Developing wild fire out of canada this morning. Officials warning the fires could spread even more because conditions are still tinder dry. At least 88,000 people have already been evacuated and more than 1600s and buildings destroyed. The fires could lead to 9 billion in insurance cost. In an area with the Third Largest oil reserves in the world and estimates suggest production cuts could wipe out canadas growth in the Second Quarter entirely. That is a big story. Also, stocks to wat
Tutorial. The google owned brand has yet to make a profit for the wall street journal. Some stars make a pretty penny. Ever heard of ian hecock. Thu they were among top earning stars making 8. 5 million for the comedy. It gives creators a chance to cash in on their videos. Millions participate in the select program but only a handful of good money. Michelle makes 3 million for her makeup tutorials and reportedly made 4. 5 million for the videos including a morning show. To agree to let them show ads with youtube keeping 45 of the revenue but leaves space to try to lure creators away. Facebook tried to get youtube st first. For 9. 99 a month, subscribers get add free videos putting the platform in direct competition with spotify and pandora. And youtube has the eyes of onethird of all Internet Users and more 18 to 49 years old than any cable network. While you may not know the next guests name, your kids probably do. Started her cooking Youtube Channel called nerdy numbmies like emoji c
Now becky quick. We begin with youtube, the downline video platform where we go from music and beauty tutorials. Despite having more than a billion users the google owned brand has yet to make a profit according to the wall street journal. Some youtube stars are making a pretty penny and that is our cover story today. Ever heard of ian and anthony . How about their users name smosh. They were among the youtube top earning stars in 2015 making 8. 5 million for their comedy skits. Smosh is part of Youtubes Partner Program which gives content creators the chance to cash in on videos. Millions participate but only a handful make big money. Michele phan made 3 million and the comedy team of rhett and link made 4 million. To make Money Partners agree to let youtube sell ads before their videos with youtube keeping 45 of the revenue. That leaves space to lure content creators away. Vessel and facebook have tried to get youtube stars to post their content on their sites first. And this week vi