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The CEOs of the top 350 U.S. firms made an average of $15.6 million in 2016. Thats according to a new report, released recently by the left-leaning Economic Policy Institute that looks at total CEO compensation: salary, stock grants, bonuses and long-term incentive payouts.Among the findings: The average CEO makes 271 times the amount that a typical worker makes 鈥?the average p stanley cup ay of a worker in the CEOs in stanley cup dustry. Notably, thats down from 2015, when CEO-to stanley cup -worker compensation was 286 to 1. But its a far cry from the 20-to-1 ratio of 1965 and suggests just how unequal corporate pay in America has come.So why are CEOs making so much Do they deserve it And why might CEO pay have been down last year We spoke to EPIs president Lawrence Mishel about the study and its findings.KRISTEN DOERER: What were the major findings of the report LARRY MISHEL: We found that CEO pay remains tremendously high compared to what it was in 1995, 1989 or the 1960s. Executive pay since 1978 has risen 70 percent faster than the stock market, much faster than even the wages for the top 0.1 percent of earners. A typical worker has only seen their annual compensation grow by around 11 percent over that time period. While for CEOs its up 800 to 900 percent [since 1978].Compensation of CEOs in large firms [counting the stock options they sell] is now 271 times that of a typical worker, But what really is important to know is that back in 1965, a CEO would earn only roughly 20 times that of a typical worke Xunw Netanyahu promises months of war ahead as Israeli strikes in central Gaza kill dozens more
WASHINGTON AP 鈥?The general who oversaw the U.S. raid on Islamic State leader Abu Bakr al-Baghdadi provided the most detailed account yet of the operation Wednesday and said the U.S. is on alert for possible retribution attacks by extremists.Gen. Frank McKenzie, head of U.S. Central Command, said al-Baghdadi remains were buried at sea within 24 hours of his death inside an underground tunnel where he fled as special operations soldiers closed in on him.The Pentagon released the first government photos and video clips of the nighttime yeezy operation, including one showing Delta Force commandos approaching the walls of the compound in which al-Baghdadi and others were found.Another video showed American airstrikes on other militants who fired at helicopters carrying soldiers to the compound. The U.S. stanley cup also bombed the compound after the soldiers completed the mission so that it would not stand as a shrine to al-Baghdadi.It looks pretty much like a parking lot with large potholes right now, McKenzie said.The attacking American force launched from an undisclosed location in stanley cup side Syria for the one-hour helicopter ride to the compound, McKenzie said.Two children died with al-Baghdadi when he detonated a bomb vest, McKenzie said, adding that this was one fewer than originally reported. He said the children appeared to be under the age of 12. Eleven other children were escorted from the site unharmed. Four women and two men who were wearing suicide vests
The CEOs of the top 350 U.S. firms made an average of $15.6 million in 2016. Thats according to a new report, released recently by the left-leaning Economic Policy Institute that looks at total CEO compensation: salary, stock grants, bonuses and long-term incentive payouts.Among the findings: The average CEO makes 271 times the amount that a typical worker makes 鈥?the average p stanley cup ay of a worker in the CEOs in stanley cup dustry. Notably, thats down from 2015, when CEO-to stanley cup -worker compensation was 286 to 1. But its a far cry from the 20-to-1 ratio of 1965 and suggests just how unequal corporate pay in America has come.So why are CEOs making so much Do they deserve it And why might CEO pay have been down last year We spoke to EPIs president Lawrence Mishel about the study and its findings.KRISTEN DOERER: What were the major findings of the report LARRY MISHEL: We found that CEO pay remains tremendously high compared to what it was in 1995, 1989 or the 1960s. Executive pay since 1978 has risen 70 percent faster than the stock market, much faster than even the wages for the top 0.1 percent of earners. A typical worker has only seen their annual compensation grow by around 11 percent over that time period. While for CEOs its up 800 to 900 percent [since 1978].Compensation of CEOs in large firms [counting the stock options they sell] is now 271 times that of a typical worker, But what really is important to know is that back in 1965, a CEO would earn only roughly 20 times that of a typical worke Xunw Netanyahu promises months of war ahead as Israeli strikes in central Gaza kill dozens more
WASHINGTON AP 鈥?The general who oversaw the U.S. raid on Islamic State leader Abu Bakr al-Baghdadi provided the most detailed account yet of the operation Wednesday and said the U.S. is on alert for possible retribution attacks by extremists.Gen. Frank McKenzie, head of U.S. Central Command, said al-Baghdadi remains were buried at sea within 24 hours of his death inside an underground tunnel where he fled as special operations soldiers closed in on him.The Pentagon released the first government photos and video clips of the nighttime yeezy operation, including one showing Delta Force commandos approaching the walls of the compound in which al-Baghdadi and others were found.Another video showed American airstrikes on other militants who fired at helicopters carrying soldiers to the compound. The U.S. stanley cup also bombed the compound after the soldiers completed the mission so that it would not stand as a shrine to al-Baghdadi.It looks pretty much like a parking lot with large potholes right now, McKenzie said.The attacking American force launched from an undisclosed location in stanley cup side Syria for the one-hour helicopter ride to the compound, McKenzie said.Two children died with al-Baghdadi when he detonated a bomb vest, McKenzie said, adding that this was one fewer than originally reported. He said the children appeared to be under the age of 12. Eleven other children were escorted from the site unharmed. Four women and two men who were wearing suicide vests