Clifford Asness , who runs AQR Capital Management LLC, one of the world’s biggest hedge funds, says fellow fund managers gouge their clients by charging exorbitant fees for just tracking the markets. He also takes a dim view of the administration of President Barack Obama , calling his economic team “Cossacks on a shtetl,” a reference to the Russian cavalrymen who sacked Jewish villages in Eastern Europe in the 19th century.
Tony Stark, the fictional superhero in Walt Disney Co.’s “Iron Man” films, will park the Acura supercar he drove last year in favor of a battery-powered Audi when his latest motion picture opens May 3.
In “Captain America: The First Avenger,” the superhero combats high-tech weapons with a relatively low-tech device -- an impenetrable red, white and blue circular shield that repels bullets and zaps foes when used as a high-speed discus.
“Marvel’s The Avengers” crushed U.S. box-office records with $207.4 million in weekend ticket sales, opening the summer movie season with a huge win for Walt Disney Co. following the mega-flop “John Carter.”