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Quito, Ecuador CNN —A candidate in Ecuador’s upcoming presidential election, Fernando Villavicencio, was assassinated at a campaign event Wednesday, President Guillermo Lasso confirmed on social media, vowing the killing will not go unpunished. He was gunned down 10 days before the first round of the presidential election was set to take place on August 20. Ecuador’s Attorney General’s Office said the suspected gunman died in police custody following an exchange of fire with security personnel. Seven of the eight presidential candidates, including Villavicencio, were under police protection, Ecuador’s Interior Minister Juan Zapata said earlier this week, local media reported Tuesday. All the candidates in the country’s presidential election have pledged to rein in the escalation of violence.

Persons: Ecuador CNN —, Fernando Villavicencio, Guillermo Lasso, Villavicencio, Cristian Zurita, Rodrigo Figueroa, “, Lasso, ” Lasso, Juan Zapata, paz ”, Agustin Intriago, Ariana Chancay, CNN En, CNN En Español Conclusiones, ” Organizations: Ecuador CNN, Movimiento, CNN, Ecuador’s, General’s, Judicial, Fire Department, Ecuador Police, National, Lasso, paz, Security, CNN En Español Locations: Quito, Ecuador, Villavicencio, Peru, Colombia, South America, North America, Europe, Manta, Darien, United States

A presidential candidate in Ecuador who had been outspoken about the link between organized crime and government officials was assassinated on Wednesday evening at a political rally in the capital, just days before an election that was expected to be dominated by concerns over drug-related violence. The candidate, Fernando Villavicencio, a former journalist, was gunned down outside a high school in Quito after speaking to young supporters. “When he stepped outside the door, he was met with gunfire,” said Carlos Figueroa, who worked for Mr. Villavicencio’s campaign and was at the rally. “There was nothing to be done, because they were shots to the head.”Mr. Villavicencio, 59, was polling near the middle of an eight-person race. He was among the most vocal candidates on the issue of crime and state corruption.

Persons: Fernando Villavicencio, “, ”, Carlos Figueroa, ” Mr, Villavicencio Organizations: Mr Locations: Ecuador, Quito

☆ You’d have to work five lifetimes to make what your boss makes in one year, report shows
▼ + stars: | 2023-08-03 | by ( Allison Morrow | ) edition.cnn.com time to read: +3 min

The average CEO compensation among S&P 500 companies last year was $16.7 million — the second-highest level of executive pay ever, according to the group’s annual Executive Paywatch report. (2021 was the highest at $$18.3 million)CEO pay fell last year compared to the previous year, said Brandon Rees, the AFL-CIO’s deputy director of corporations and capital markets. To put that $16.7 million in context: Assuming a 45-year career at an average pay of $75,200, regular employees would need to work more than five lifetimes to make what the average CEO receives in a single year. Meanwhile, US workers’ real hourly wages fell in 2022 for the second year in a row by 1.6% after adjusting for inflation, the executive pay report found. The bot battleAmong the biggest concerns raised in the latest pay report is the way artificial intelligence is poised to benefit executives more than their employees.

Persons: Brandon Rees, ” Rees, ’, ”, Fred Redmond, it’s, Redmond, Duncan Crabtree, “ Organizations: New, New York CNN, AFL, Hollywood, SAG Locations: New York, Ireland

☆ Mauricio Pochettino named as next Chelsea head coach
▼ + stars: | 2023-05-29 | by ( George Ramsay | ) edition.cnn.com time to read: +2 min

CNN —Former Tottenham Hotspur and Paris Saint-Germain boss Mauricio Pochettino is set to join Chelsea ahead of next season, the club announced on Monday. Pochettino, who left PSG last year, has signed an initial two-year contract at Chelsea and begins the new role on July 1. Pochettino gives instructions to PSG forward Kylian Mbappé during last season's Champions League game against Real Madrid. David Ramos/Getty ImagesThe Argentine joins a Chelsea team short on form but with plenty of star power in its ranks after the club spent liberally on signings over the past year. “We are delighted that Mauricio will be joining Chelsea.

☆ Summer Movies 2023: Here’s What’s Coming to Theaters and Streaming
▼ + stars: | 2023-05-24 | by ( Ben Kenigsberg | ) www.nytimes.com time to read: +2 min

WHITE BIRD R.J. Palacio’s novel “Wonder” was adapted into a movie nearly six years ago. In this film, based on a follow-up book, the bully (Bryce Gheisar) of the first story learns about intolerance from his grandmother (Helen Mirren), a Holocaust survivor who shares her wartime experiences with him. (Aug. 25 in theaters)SCRAPPER A girl (Lola Campbell) is resourcefully getting by on her own after her mother’s death when her father (Harris Dickinson) returns. Charlotte Regan wrote and directed. (Aug. 25 in theaters)

☆ Lionel Messi booed by some Paris Saint-Germain fans on his return from suspension
▼ + stars: | 2023-05-14 | by ( Aimee Lewis | ) edition.cnn.com time to read: +1 min

CNN —Lionel Messi endured a difficult return to Paris Saint-Germain’s starting line-up as some of his own team’s fans booed the Argentine before and during PSG’s convincing victory over Ajaccio at the Parc des Princes. But some PSG fans made their feelings known during the 5-0 win on Saturday, which moved the club closer to a record 11th Ligue 1 title. It isn’t the first time Messi has been booed by some of PSG’s fans this season. In March both Messi and Neymar were booed by a significant section of PSG fans. Both teams ended the match with 10 men after Hakimi and Ajaccio’s Thomas Mangani were sent off late in the game.

☆ Kraft Heinz turns to gimmicks and nostalgia to revive its ‘dusty’ brands
▼ + stars: | 2022-11-15 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +10 min

Because they’re incredible.”More than half of Kraft Heinz’s business comes from just eight brands — the aforementioned three, plus Kraft Mac and Cheese, Philadelphia Cream Cheese, Heinz, Lunchables and Ore-Ida. For Kraft Heinz, which is relying on Patricio to execute a comeback, there’s a lot on the line. So we have more loyalty.”For that reason, Kraft Heinz has leaned in to promoting its legacy brands — and with sometimes outrageous marketing. Kraft HeinzOther Kraft Heinz brands have also used attention-grabbing marketing campaigns. Kraft Heinz’s brands now have a presence on gaming platforms like Roblox, in addition to social media channels and other platforms.

☆ Kraft Heinz CEO: Inflation and supply shortages are here to stay for a while
▼ + stars: | 2022-10-24 | by ( Christine Romans | ) edition.cnn.com time to read: +3 min

New York CNN Business —Kraft Heinz CEO Miguel Patricio says higher inflation and supply issues are coursing through the food industry, forcing companies to adopt new strategies for everything from production to promotion to packaging. For its second quarter ended June 25, Kraft Heinz raised its prices overall by 12.4 percentage points compared to the year-earlier period. Beyond the double-barrel challenges of shortages of raw materials and inflation, issues like the continuing pandemic, the war in Ukraine and climate change are adding to the uncertainty. Kraft Heinz has also leaned into different packaging and pricing options for consumers, including bulk value packs of Kraft Macaroni and Cheese and wider variety of bottle sizes for products like Heinz ketchup for shoppers who want smaller, lower-priced choices. And this is what we’re trying to do.”Those supply issues are broader than the Covid era, however.

☆ Heightened Cyber Threat Brings CIOs, CISOs Closer
▼ + stars: | 2022-09-30 | by ( Isabelle Bousquette | ) www.wsj.com time to read: +4 min

In a year of high-profile cyberattacks, chief information officers say cybersecurity has sprinted up their agenda and got them working more closely than ever with chief information security officers. Her goal is to foster a culture of cyber preparedness across the company, including ensuring staff are educated about risks. Noelle Eder, chief information officer at Cigna. While compensation is growing for both the CIO and CISO roles, Mr. Stephenson said it is growing faster for CISOs. “We really need to be working together to think about ways we can better secure information,” Mr. Vidoni said.

☆ A market-beating inflation ETF manager shares 4 tips for outperforming as red-hot price growth threatens to send stocks to new lows
▼ + stars: | 2022-09-19 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Here are four tips for navigating this choppy stock market as recession risk rises. "It's an active management approach to US interest rates — that's the key here," Azous told Insider. And for us, that leads to a lower stock market and a more difficult credit market or very much tighter financial conditions. Barring a catalyst like the end of the Russia-Ukraine war, a notable improvement in the Chinese or European economies, or a huge drop in inflation, Azous said he sees more trouble ahead. "You want to avoid a catastrophic drawdown that keeps you invested in the stock market," Azous said.

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