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Martin R. Stolar, a prominent civil rights lawyer who in the early 1970s defended war resisters and inmates who rebelled at Attica prison, as well as initiating a landmark case restraining the New York Police Department from spying on left-wing activists, died on July 1 in Manhattan. His wife, Elsie Chandler, said he died in a hospital after suffering heart failure while awaiting surgery for a broken hip. Mr. Stolar was one of a generation of idealistic lawyers who, inspired by the civil rights and anti-Vietnam War movements, forsook lucrative careers to lend their expertise to social justice causes. “He had a practice that not only defended needy people, it propelled social movements,” said Franklin Siegel, a Distinguished Lecturer at the City University of New York School of Law, who knew Mr. Stolar for nearly six decades.
Persons: Martin R, resisters, Elsie Chandler, Stolar, , Franklin Siegel Organizations: New York Police Department, City University of New York School of Law Locations: Attica, Manhattan, Vietnam
CNN —Reformist candidate Masoud Pezeshkian has won Iran’s presidential election, Iranian state news agency Press TV reported Saturday citing the country’s election headquarters, beating his hardline rival in a pivotal vote at a time of tensions at home and abroad. The first round saw the lowest voter turnout for a presidential election since the Islamic Republic was established in 1979. The lawmaker was the only reformist candidate vying for the top elected seat in the country after dozens of other candidates were barred from running. During the 2022 protests, Pezeshkian said in an interview with Iran’s IRINN TV: “It is our fault. Other factors may be more difficult to change, particularly Iran’s foreign policy.
Persons: Masoud Pezeshkian, Pezeshkian, Saeed Jalili, Israel, Ebrahim Raisi, Hossein Amir, , Mohammad Khatami, Mahsa, Amini, Iran’s, Sanam Vakil, Vakil, Israel “, Israel Katz, Qasem Soleimani, , aren’t, Javad Zarif, Zarif, Seyyed Ali Khamenei, Khamenei Organizations: CNN — Reformist, Press, Press TV, Foreign, Supreme, United Nations, North Africa, Chatham House, Israeli, Iran Revolutionary Guard Corps ’, Iran Revolutionary Guard Corps ’ Quds Force Locations: Jalili, Islamic Republic, Iran’s, Iran, Persian, East, London, Israel, Gaza, Lebanon, Iran Revolutionary Guard Corps ’ Quds
Biden vs. Trump economy: What you need to know
  + stars: | 2024-07-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBiden vs. Trump economy: What you need to knowKevin Hassett, former CEA chair and Hoover Institution distinguished visiting fellow, joins 'Squawk Box' to discuss his take on how Biden and Trump laid out their economic policies in last week's debate and more.
Persons: Kevin Hassett, Trump Organizations: Biden, Trump, CEA, Hoover Institution
The International Union for the Conservation of Nature reports 35% of all shark species are threatened with extinction. The primary reason is overfishing; shark meat and fins are highly sought. That research has helped expand the number of shark species now regulated by CITES. Cardeñosa said when he got started in the field, there were only five or six shark species regulated by the CITES agreement. How you can help sharksOne of the easiest ways to help sharks and all marine life is to try to consume seafood from sustainable sources.
Persons: Florida CNN — Diego Cardeñosa, , Cardeñosa, Demian Chapman, Isaac Lawrence, they’ve, Diego Cardeñosa, Diego Cardeñosa Cardeñosa, ” Cardeñosa, Organizations: Florida CNN, International Union for, Nature, Fisheries, , Florida International University, International Trade, Fauna, FIU, Getty, Criminal Investigation, Interpol, CITES, Aquarium Seafood, FIU Foundation Locations: Miami, Florida, Colombia, Europe, South America, Hong Kong, Latin America, AFP, Sri Lanka, Spain, Belize, Panama, Ecuador, Peru, Brazil, China, Eastern, Baja , California, Central, Monterey
Opinion | Why Conservatives Shouldn’t Be Doomers
  + stars: | 2024-06-28 | by ( Ross Douthat | ) www.nytimes.com   time to read: +1 min
Part of that case was that our political system is governed by a gerontocracy that evokes the age of Leonid Brezhnev and Yuri Andropov. After watching Joe Biden’s performance on the debate stage, I think Ferguson can claim that point as proven. His essay folded the gerontocracy argument into a larger case that exemplifies what you might call conservative doomerism. In general there is more doomerism on the American left today than on the right — both more personal pessimism and more anxiety about various apocalypses, from climate change to Trumpian authoritarianism. Like any good provocation, Ferguson’s column inspired various critiques (here’s Noah Smith, here’s James Pethokoukis, here’s Jonah Goldberg) and various defenses (here’s Ferguson responding to Goldberg, here’s Helen Andrews arguing that he doesn’t go far enough).
Persons: Donald Trump, Niall Ferguson, Leonid Brezhnev, Yuri Andropov, Joe Biden’s, Ferguson, here’s Noah Smith, here’s James Pethokoukis, here’s Jonah Goldberg, here’s Ferguson, Goldberg, here’s Helen Andrews Organizations: The Free Press Locations: America, Soviet Union
Second Stage Theater, one of the four nonprofit organizations with Broadway houses, on Thursday named a new artistic director as the sector braces for a wave of leadership turnover. Founded in 1979 and distinguished by its commitment to presenting work by living American writers, Second Stage said that its board had chosen Evan Cabnet as its next artistic director. Cabnet is currently the artistic director of LCT3, Lincoln Center Theater’s program for emerging writers, directors and designers. Second Stage owns Broadway’s smallest house, the 600-seat Hayes Theater. The organization currently has 47 staffers and an annual budget of $27 million; this season it is planning to stage two Broadway shows, two Off Broadway shows and a Next Stage Festival for early-career work.
Persons: Evan Cabnet, Cabnet, Carole Rothman, Tony Organizations: Broadway, Lincoln Center, Pulitzer, Hayes, Pershing, Signature Locations: Riverside
CNN —A lone diver first laid eyes on the ancient Kyrenia shipwreck off the north coast of Cyprus nearly 60 years ago. The authors of a new study dated almonds found aboard the Kyrenia ship to find a new estimated range of years for when the ancient vessel's last voyage took place. Dating a Hellenistic-era shipTwo main obstacles stood in the way of achieving a high-precision age estimate for the Kyrenia shipwreck, according to Manning. The Kyrenia ship's hull is seen shortly after it was raised from the seabed and reassembled. Kyrenia Ship Excavation“Part of the value of this story is about process.
Persons: CNN —, , Andreas Cariolou, Michael Katzev, , , Sturt Manning, Manning, ” Manning, you’ve, it’s, Mark Lawall, Lawall, ” Lawall Organizations: CNN, Cornell University, Northern Hemisphere, University of Manitoba Locations: Kyrenia, Cyprus, New York, Winnipeg
Uncle Nate was Jewish. German war records told a different story: Nate was taken prisoner and died of his wounds at a German Airforce hospital. “Did they find Uncle Nate’s femur yet, Mom?” my daughter Naomi would ask while eating her salad. And after the match: “Have you picked Uncle Nate’s coffin yet?” Asher wants to know. Uncle Nate fought for our freedoms, and his death reminds us that freedom is never free.
Persons: Samantha Baskind, Nathan B, , – –, Nate, ignobly, Uncle Nate, Baskinds, Abe Baskind, Colonel W.E, Campbell, , , Nathan Baskind, Philip Baskind, Benjamin – –, Benjamin, David, Operation Benjamin, Rudolf Bauer, Leonhard Aumüller, Nate’s, Naomi, Asher, ” Asher, Nathan Baskind’s, Baskind Organizations: Cleveland State University, Art, CNN, US Army, Jewish, Eastern, American, German Airforce, Army, Commission, US Mortuary Service, US, Monuments Commission Locations: Warsaw, Normandy, Pittsburgh, Auschwitz, Cherbourg, Virginia, German, Texas, Northwest Africa, Tunisia, Italy, England, France, Utah
6 types of depression identified in Stanford study
  + stars: | 2024-06-20 | by ( Kristen Rogers | ) edition.cnn.com   time to read: +11 min
Some 30% to 40% of people with depression do not experience symptom improvement after trying one treatment, according to the study. And about 30% of people diagnosed with depression go on to experience treatment-resistant depression when the disorder doesn’t improve after multiple treatment attempts. Mapping depression in the brainThe authors used data from 801 adult participants who were previously diagnosed with depression or anxiety, and 137 healthy control group participants. The grant supports a five-year project involving 4,500 participants, which is centered on the development of a better diagnosis and treatment tool for depression biotypes. This method isn’t intended to replace or be the primary choice for assessments of individual cases of depression, Williams said.
Persons: biotypes, , Leanne Williams, Vincent V.C, Woo, Williams, Anhedonia, Jun Ma, Ma, Beth, George Vitoux, , Richard Keefe, wasn’t, Keefe, Jonathan Alpert, Dorothy, Marty Silverman, Alpert, ” Keefe, you’re Organizations: Lifeline, CNN, Nature Medicine, Psychiatry, Behavioral Sciences, Stanford University School of Medicine, Stanford Center, Precision Mental Health, Wellness, Medicine, University of Illinois, Duke University Medical Center, Montefiore Medical, Albert Einstein College of Medicine, Psychiatric Association’s Council, Research, National Institute of Mental Health, National Institutes, Health’s, Mental Health Initiative Locations: California, United States, University of Illinois Chicago, North Carolina, New York City, Stanford
Read previewFormer President Donald Trump is making sure voters know how he feels about student-loan forgiveness. He also used that time to criticize President Joe Biden, particularly Biden's efforts to enact student-loan forgiveness for millions of Americans. Should Biden win, his administration will continue carrying out its broad and targeted debt relief efforts such as one-time account adjustments for borrowers on income-driven repayment plans and Public Service Loan Forgiveness. After the Supreme Court decision, his campaign posted a statement on his website saying that "these wins were only made possible through President Trump's strong nomination of three distinguished and courageous jurists to the Supreme Court." AdvertisementStill, Biden's Education Department is moving forward with its relief efforts and has maintained that all of its actions are in accordance with the law and the Supreme Court decision.
Persons: , Donald Trump, Trump, Joe Biden, I'm, Biden, Biden's, It's, Trump's Organizations: Service, Business, Trump, Biden's Education Department, Higher, Biden, Public, Supreme, Education Department, GOP Locations: Wisconsin
Frederick Seidel’s New Book Includes an Ode to Nick Cave
  + stars: | 2024-06-20 | by ( ) www.nytimes.com   time to read: +2 min
What’s the most interesting thing you learned from a book recently? Not recently, but when I began writing poetry the two poets who taught and influenced me the most were Ezra Pound and Robert Lowell. Right now: Yukio Mishima’s book “Patriotism,” a silly piece of work; “The Collected Poems of Delmore Schwartz”; the essays of Frank Kermode. Have you ever gotten in trouble for reading a book? I remember very much enjoying Maurice Girodias’s banned books in Paris that included Henry Miller and other distinguished authors.
Persons: Ezra Pound, Robert Lowell, Pound, Lowell, Yukio Mishima’s, Delmore Schwartz, Frank Kermode, Jean Rhys, Joseph Roth’s, Lois Lenski, Alex Ross, Louis Menand’s “, , Mark Vanhoenacker —, I’ve, Maurice Girodias’s, Henry Miller, Girodias Organizations: Ducati Locations: Bologna, Paris
Wall Street is turning more bullish
  + stars: | 2024-06-18 | by ( Krystal Hur | ) edition.cnn.com   time to read: +6 min
New York CNN —It’s tough being a Wall Street bear these days. The S&P 500 index has climbed nearly 15% this year and clinched 30 record-high closes. The new backdrop of cooling inflation coupled with rate cuts on the horizon is prompting investors to up their bullish wagers. Evercore ISI raised its price target to 6,000 for the S&P 500, a reversal from its previous, more gloomy 4,750 target. Much of the S&P 500 index’s returns are tied to the mega-cap tech Magnificent Seven stocks, leaving the market dependent on just a handful of names to continue its monster run.
Persons: New York CNN —, Goldman Sachs, , Julian Emanuel, index’s, Bacon, Danielle Wiener, Bronner, fuming, Jin Bian, Samantha Delouya, Bian, , Ron DeSantis, isn’t, Bill 264, Sellers, Read Organizations: CNN Business, Bell, New York CNN, Federal Reserve, ISI, Evercore ISI, Shoppers, Bureau of Labor Statistics, CNN Locations: New York, Monday’s, Florida, Tampa , Florida, Nanjing, China
Read previewXi Jinping's claim that the US is trying to trick China into invading Taiwan is aimed at driving a wedge between the US and its European allies, experts told Business Insider. But in addressing the issue with the EU leader, Xi was trying to counter the US narrative and undermine transatlantic relations, Scobell said. "Also, China knows that the EU is generally ambivalent about backing the United States in a war with China over Taiwan," he added. However, over the last few years, the mood in Washington, DC, has shifted toward greater hawkishness, Graeme Thompson, an analyst with the Eurasia Group, told Business Insider in November. Under its One China policy, the EU recognizes the People's Republic of China as the sole legal government of China.
Persons: , Ursula von der Leyen, Xi, Andrew Scobell, Scobell, Craig Singleton, Singleton, Timothy Heath, von der Leyen, Graeme Thompson, Mike Pompeo, John Bolton Organizations: Service, European, Financial Times, Business, US Institute of Peace, BI, EU, Foundation, Defense of Democracies, Taiwan, RAND, Eurasia Group, Royal Services Institute Locations: China, Taiwan, Beijing, Ukraine, United States, Washington ,, People's Republic of China, EU, Taiwan Strait
Read previewWhat's the most sought-after job opportunity for graduating students of top business schools like Harvard Business School, Wharton at UPenn, and Stanford's Graduate School of Business? For the 2024 CIT program, which starts this summer, Alpine received 750 applications for just 12 slots, giving it an acceptance rate of 1.6%. Related stories"You're moving from Yale Law School and Harvard Business School to Jackson, Mississippi, to run a plumbing company," Anderman said as an example. Wurtzbacher also got invaluable leadership training from Weaver, a longtime professor at Stanford's Business School and winner of the MBA Distinguished Teaching Award in 2024. The CIT program is so attractive to them because it offers a clear path to doing this by leading a company.
Persons: , Wharton, David Wurtzbacher, Wurtzbacher, Tal Lee Anderman, Graham Weaver, Weaver, JP, Graham, Anderman, they're, they've Organizations: Service, Harvard Business School, Stanford's Graduate School of Business, McKinsey, Business, Investors, Harvard, Stanford Business School, Green, Partners, CIT, Alpine's CIT, Wharton, Alpine, BI, Yale Law School, Alpine's San, Stanford's Business School, Stanford Locations: UPenn, San Francisco, Stanford, Manhattan, America, Jackson , Mississippi, Alpine's, Alpine's San Francisco, York, Carolinas, Virginia
Read previewWhat's the most sought-after job opportunity for graduating students of top business schools like Harvard Business School, Wharton at UPenn, and Stanford's Graduate School of Business? For the 2024 CIT program, which starts this summer, Alpine received 750 applications for just 12 slots, giving it an acceptance rate of 1.6%. Related stories"You're moving from Yale Law School and Harvard Business School to Jackson, Mississippi, to run a plumbing company," Anderman said as an example. Wurtzbacher also got invaluable leadership training from Weaver, a longtime professor at Stanford's Business School and winner of the MBA Distinguished Teaching Award in 2024. The CIT program is so attractive to them because it offers a clear path to doing this by leading a company.
Persons: , Wharton, David Wurtzbacher, Wurtzbacher, Tal Lee Anderman, Graham Weaver, Weaver, JP, Graham, Anderman, they're, they've Organizations: Service, Harvard Business School, Stanford's Graduate School of Business, McKinsey, Business, Investors, Harvard, Stanford Business School, Green, Partners, CIT, Alpine's CIT, Wharton, Alpine, BI, Yale Law School, Alpine's San, Stanford's Business School, Stanford Locations: UPenn, San Francisco, Stanford, Manhattan, America, Jackson , Mississippi, Alpine's, Alpine's San Francisco, York, Carolinas, Virginia
Citing a former co-worker of Lewis’, a private investigator and its own investigation of newspaper archives, the New York Times said Lewis used phone and company records that were “fraudulently obtained” through hacking and paying sources for information. A spokesperson for the Washington Post told CNN Lewis declined to comment. The Washington Post did not respond to CNN with regard to these allegations. “It’s as bad as I’ve ever seen it, truly,” one staffer said earlier this month, noting that the Washington Post has hit “rough patches” before but that the stormy atmosphere hanging over the outlet is unprecedented. In an opinion piece for the Guardian on Wednesday, Sullivan wrote that firing Lewis and finding a new CEO is “the cleanest, best move” Washington Post owner Jeff Bezos could make.
Persons: Will Lewis, Lewis ’, Lewis, , Margaret Sullivan, Craig Newmark, Sally Buzbee, CNN Lewis, Rupert Murdoch’s, Prince Harry, Guy Ritchie, Hugh Grant, Buzbee, , “ It’s, Sullivan, Jeff Bezos, Bezos, Organizations: New, New York CNN, New York Times, Times, Craig Newmark Center for Journalism, Columbia University’s School of Journalism, CNN, of Professional Journalists, Washington Post, Washington, Murdoch’s News Corporation, NPR, The Washington Post, Guardian, ” Washington Post Locations: New York, Washington, London
James Kent, a distinguished chef and successful Manhattan restaurateur who seemed poised to become a food-industry tycoon, died on Saturday. The young man asked if he could spend time in Mr. Bouley’s kitchen. Mr. Bouley said yes. He spent the summer working at Bouley, the chef’s TriBeCa mainstay. Before long, Mr. Kent was also working at famed New York City restaurants like Babbo, Jean-Georges, Eleven Madison Park and NoMad, where he became the executive chef.
Persons: James Kent, Kent’s, David Bouley, Bouley, Kent, Jean, Georges Organizations: Saga Hospitality, Financial, of, TriBeCa, Madison Locations: Manhattan, of Manhattan, Greenwich Village, Bouley, New York City
110 of these images are published now in the monograph “My America;” quiet, monochromatic images of everyday sites like parking lots, rural roads and suburban sidewalks. Diana MatarMonique Deckard, 43, was shot and killed by police officers outside her apartment in Anaheim, California, on March 8, 2015. Two chairs on a sunny sidewalk in Los Angeles, California, indicate where 37-year-old Norma Guzman, 37, was shot and killed by police officers in 2015. Terence Crutcher, 40, was shot and killed by a police officer in Tulsa, Oklahoma on September 16, 2016. Diana MatarClemente Najera, 38, was shot and killed by a sheriff's officer in Elsinore, California, on April 15, 2016.
Persons: Diana Matar, , ” Matar, “ Timewise, , Matar, Saycon, Diana Matar Charles Pettit Jr, Diana Matar Monique Deckard, Terence Crutcher, Jose Cruz, Norma Guzman, ” Norma Guzman, Guzman, Diana Matar Rodney Turner, Diana Matar Ian King, , Eric Garner, Michael Brown, Tamir Rice, Walter Scott, — Matar, Diana Matar Clemente Najera, Diana Matar Jose Rodriguez, Diana Matar “ Organizations: CNN, The Guardian, Los Angeles City Council, Columbia University’s Barnard College Locations: California, Texas, Oklahoma, New Mexico, Long Beach , California, Midwest City , Oklahoma, Anaheim , California, Tulsa , Oklahoma, Addison , Texas, Los Angeles , California, Oklahoma City , Oklahoma, Ponca City , Oklahoma, New York City, Libya, North Africa, Italy, Ukraine, Ferguson , Missouri, Cleveland , Ohio, Charleston , South Carolina, America, Elsinore , California, Albuquerque , New Mexico,
When “House of the Dragon,” HBO’s hit “Game of Thrones” prequel based on the book “Fire and Blood” by George R.R. The Blacks are led by Rhaenyra Targaryen (Emma D’Arcy). Team BlackQueen Rhaenyra Targaryen (Emma D’Arcy)Long the only child of the late King Viserys Targaryen, Rhaenyra was proclaimed heir by the king in defiance of centuries of tradition that held that only males could rule. But Viserys’s marriage to Rhaenyra’s childhood friend Alicent Hightower and the subsequent birth of Aegon created a rift within the royal family. After learning of her father’s death and Aegon’s crowning in the capital city, King’s Landing, Rhaenyra launched her rival reign from House Targaryen’s ancestral island home, Dragonstone.
Persons: ” HBO’s, George R.R, Martin, Rhaenyra Targaryen, Emma D’Arcy, King Viserys, Westeros, Tom Glynn, Carney, Alicent Hightower, Olivia Cooke, Viserys Targaryen, Rhaenyra Organizations: Blacks, Aegon, Greens, HBO
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer World Bank Pres. Malpass: Inflation is coming from what the rest of the government is doingDavid Malpass, former World Bank president and Purdue University distinguished fellow, joins 'Squawk Box' to discuss the state of the economy, growth outlook, the Fed's monetary policy, inflation outlook, and more.
Persons: David Malpass Organizations: Bank, World Bank, Purdue University
Hunter Biden was charged in September with three counts related to his purchase and possession of a firearm while using illegal drugs. Of course, Hunter Biden had the right to go to trial; it was his liberty at risk. Hallie Biden is the widow of Beau Biden, Hunter’s deceased brother. Testifying about intimate family matters must have been an enormous emotional trauma for her, as well as for Hunter Biden and his family. President Biden told ABC News before the verdict that he would accept the jurors’ decision, whatever it was.
Persons: Dennis Aftergut, Hunter Biden’s, Hunter‘s, Joe Biden, Hunter Biden, Hunter, Abbe Lowell, , ” Lowell, Maryellen Noreika, David Weiss, indicting, Weiss, General Merrick Garland, Weiss upping, Noreika, Kathleen Buhle, Hallie Biden, Beau Biden, Hunter’s, he’s, Biden, MAGA narrative’s, , Donald Trump’s, Stormy Daniels, MAGA Organizations: Defending American Democracy, CNN, of Justice, Colt, Alcohol, Tobacco, Firearms, Explosives, US, MAGA, Republicans, Department of Justice, Twitter, Facebook, ABC News Locations: Delaware
Microsoft in March hired Suleyman, head of startup Inflection AI and cofounder of AI pioneer Deepmind, to be CEO of a newly formed "Microsoft AI" group. Here are top players at Microsoft AI:AdvertisementKarén Simonyan, CVP and chief scientistKarén Simonyan Inflection AI Inflection AISimonyan is one of three Inflection co-founders. Kya Sainsbury-Carter, CVP Microsoft AdvertisingSainsbury-Carter is an 18-year veteran of Microsoft. Qi Zhang, CVP Microsoft AI APRDZhang is based in Beijing and has been at Microsoft for 22 years. Chris Daly, VP strategy and business operationsDaly joined Microsoft AI in May after spending about nine years in investment banking at Robey Warshaw.
Persons: , Mustafa Suleyman, Suleyman, Karén Simonyan, Karén, Simonyan, Satya Nadella, Rob Cromwell, Cromwell, Gabor Hirschler, Hirschler, Mikhail Parakhin, Jordi Ribas, Bing, Rukmini Iyer, Iyer, Rajesh Sundaram, Sundaram, Ali Akgun, Panos Panay, Sainsbury, Carter, Qi Zhang, Zhang, Mike Davidson, Davidson, Michael Bhaskar, Bhaskar, DeepMind, Chris Daly, Daly, Robey Warshaw Organizations: Service, Microsoft, Business, Bing, Enterprise, Microsoft Edge, Carter, Microsoft Advertising, Pacific Research, Development, Twitter, NBCNews.com, Walt Disney Internet, Microsoft AI Locations: Copilot, Beijing, Asia, Pacific, London
WASP 107b: The exoplanet that shouldn't existAn artist's impression of WASP 107b passing in front of its host star. But models suggested that WASP 107b's core would be too small to have formed a gas giant. Scientific models didn't align with observationsHubble images of WASP 107b didn't solve the mystery of its large size and low density. Venom82Why it took astronomers years to understand WASP 107b's mysterious origins stems from what many astronomers face: a lack of information due to technological limits. But WASP 107b's surface temperature was cold enough that it should have had more methane than what JWST observed.
Persons: , they've, it's, David Sing, NASA's, Luis Welbanks, Sagan, James Webb, Welbanks —, Sing, Welbanks, Ralf Crawford, we're, Scott Gaudi, Gaudi, Olmsted, Russo Organizations: Service, Business, ESA, Hubble, NASA, Kornmesser, Bloomberg, Johns Hopkins University, WASP, NASA's Goddard Space Flight, ESO, Arizona State University, Telescope, Sing, WASP 107b's, CSA, JHU, Ohio State University
Typical compensation packages for chief executives who run companies in the S&P 500 rose nearly 13% last year, the AP reports . Median CEO pay hit $16.3 million in 2023, or nearly 200 times the typical worker's wages for the year, according to data analyzed for The Associated Press by Equilar . In 2022, CEOs made roughly 185 times their typical worker; with the jump in 2023 numbers, CEOs now make roughly 196 times their employees. CEO pay is generally decided on by shareholders, who in the last four years have overwhelmingly voted in support of executive compensation plans, according to Equilar data. CEO pay has increased by 1,209% since 1978, compared with an 15% bump for the typical worker over this time period, according to the left-leaning Economic Policy Institute.
Persons: haven't, Lawrence Mishel, Amit Batish, aren't, Batish, Sarah Anderson, Anderson Organizations: Associated Press, Equilar, Federal Trade Commission, CNBC, Institute for Policy Studies, AP Locations: Equilar
Restaurants have traditionally lagged behind other sectors in their adoption of technology, but rising labor costs have changed the narrative. Major food industry players are making strides to invest in innovation, including AI and robotics. While it is still early days, analysts have already identified some companies that are taking the lead. YUM YTD mountain Yum Brands shares year to date Robots peeling avocados, mixing salads The use of robotics in restaurants is at its nascence. Chipotle, Sweetgreen and Cava partially have an advantage due to the nature of their products, which offer customers a bowl of mixed ingredients as an end order.
Persons: Bernstein, Danilo Gargiulo, Gargiulo, Morgan Stanley, Brian Harbour, Payne Capital Management Courtney Garcia, Rahul Krotthapalli, They've, Courtney Garcia, Garcia, Payne, Piper Sandler, Chipotle Organizations: Wall, CNBC, Google, Payne Capital Management, Starbucks, JPMorgan, Yum Brands, KFC, Taco Bell, Systems, Collider Lab Locations: Cava, Chipotle, Sweetgreen
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