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3 mentions found


☆ A core frustration unites striking workers: Exorbitant CEO pay
  + stars: | 2023-09-18 | by ( Allison Morrow | ) edition.cnn.com   time to read: +6 min
Exorbitant CEO pay is a frustration shared by Hollywood creatives and Detroit autoworkers alike. Since 1978, the CEO compensation among America’s 300 biggest companies has gone up 1,460%, while the typical worker’s pay grew by just 18% (both adjusted for inflation), according to the Economic Policy Institute, a progressive think tank. Over the same period, CEO pay at the Big Three Detroit automakers — GM, Ford and Chrysler parent Stellantis — has jumped an average of 40%, or roughly how much of a raise striking workers are now demanding. But a company’s profit depends not only on bringing in hearty revenue, but also on keeping costs — including workers’ pay — low. CEO pay went up 40%… No one had any complaints about that, but God forbid the workers ask for their fair share,” he told CNN’s Jake Tapper last week.
Persons: New York CNN —, Hollywood creatives, Barack Obama, Adam S, Hersh, —, Mary Barra, Barra, Carlos Tavares, Jim Farley, Michael M, Shawn Fain, ”, CNN’s Jake Tapper, ’, ” Hersh, “, CNN’s Chris Isidore Organizations: New, New York CNN, Workers, Hollywood, Detroit, Economic Policy Institute, Chrysler, GM, Big Three Detroit, — GM, Ford, CNN, Guild of America, Los Angeles Times, UAW, “, EV Locations: New York, America, Barra, American, Kentucky, Tennessee
☆ Opinion | It’s Not Your Father’s Democratic Party. But Whose Party Is It?
  + stars: | 2023-08-16 | by ( Thomas B. Edsall | ) www.nytimes.com   time to read: +5 min
Another example: For a while it looked like the Republican Party could appeal to social conservatives but maintain the economic policy supported by business elites. The Republicans are making the argument that their cultural and economic values are consistent with working class Americans, and that their positions transcend racial categories. I asked Teixeira whether the changing Democratic Party has reached a point of no return on this front, and he emailed back:A good and big question. In the short run it looks very difficult for them to shed much of their cultural radicalism and generally make the party more attractive to normal working class voters. That is, if enough of the party becomes convinced their coalition is too narrow and therefore some compromises and different approaches are necessary.
Persons: White, Eitan Hersh, Sarang Shah, Hersh, “, they’d, ” Hersh, Ruy Teixeira, —, ” Teixeira, Teixeira, Michael Podhorzer, ” Organizations: United, Tufts, Berkeley, American, Democratic, Republican, Democratic Party, Republican Party, Democrats, Republicans, Trump, American Enterprise Institute, AFL Locations: U.S, United States, —, America, nonwhite
☆ Sperm whale ‘clans’ in the Pacific mark out their culture with songs
  + stars: | 2022-09-19 | by ( Tom Metcalfe | Tom Metcalfe Writes About Science | Space For Nbc News. | ) www.nbcnews.com   time to read: +6 min
No one knows what all the sperm whale codas mean, but they can have distinctive rhythms and tempos, known as “dialects,” Hersh said. They’ve now determined that there are at least seven distinct sperm whale “vocal clans” across the Pacific Ocean, each with their own identity codas, Hersh said. And the sperm whale clans may be thousands of years old. Beguš is part of Project CETI — the Cetacean Translation Initiative — which was established last year to decipher the sounds of sperm whales. “As the authors note, we still understand little about the function of sperm whale codas,” she said in an email.
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