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Just over 1 million people filed new jobless claims last week, according to the U.S. Department of Labor’s latest report released Thursday. Another 14.5 million people filed continuing claims, leaving unemployment in the U.S. still startlingly high.Amid high unemployment across the country, a new report is showing executive compensation is growing as CEOs continue to cut millions of jobs.“We find that a CEO now earns about 320 times that of a typical worker in their main industry,” said Lawrence Mishel, a labor economist and distinguished fellow at the Economic Policy Institute, an independent think tank in Washington D.C.Mishel just authored a report analyzing CEO compensation. That report shows how in March and April when some CEOs were reported to have cut their salaries during the economic downturn, it wasn’t as big of a sacrifice as it seemed.“Salaries make up about 5 percent of CEO compensation packages,” explained Mishel. “And it seems like when CEOs say they are making a sacrifice, it’s really, I think, is better for press releases than in that they are actually going to take a cut in their standard of living.”The report shows how CEO compensation growth is affecting workers everywhere.“If you look at CEO compensation since, back over the last four decades since 1978, CEO compensation grew 1,167 percent,” said Mishel. “The compensation of a typical worker grew 13 to 14 percent over that period.”The report shows CEO compensation increased by 14 percent just last year and is set to continue to go up this year, even in a recession with companies having to let go of millions of workers.“The wages of the vast majority, the bottom 90 percent, has grown only half as fast as it otherwise would have had the top 1 percent not really expanded like it did,” Mishel explained.Essentially the “profit pie” has not grown proportionate to CEO compensation growth. So, as CEOs are getting significantly higher compensation, it is taking from the pay other workers.“I think this is a problem of corporate governance and our tax policies, and it needs to be addressed,” said Mishel.Proposed solutions include capping CEO compensation and taxing anything above the cap. EPI also suggests allowing shareholders and company workers to directly have a say in their CEOs' pay. However, both solutions are as controversial as the problem. 2359
KINLOCH, Mo. (AP) — Authorities say a St. Louis rapper who went by the stage name Huey was killed in a shooting that also wounded another man.St. Louis County police said in a news release that the shooting happened just before 11 p.m. Thursday in Kinloch.Police identified the man who was killed as 32-year-old Lawrence Franks Jr., known by fans as Huey.The Kinloch native was best known in the rap community for his 2006 debut single, “Pop, Lock & Drop It." It eventually reached No. 6 on the Billboard Hot 100 chart.A 21-year-old man who was wounded in the shooting is hospitalized with non-life threatening injuries. 632

Joseph James DeAngelo, who police believe is the Golden State Killer, appeared in a California court Friday, but did not enter a plea to the murder charges he faces in the 1978 deaths of Katie and Brian Maggiore.The 72-year-old defendant was brought into the Sacramento County courtroom in a wheelchair and represented by a public defender.DeAngelo is "depressed and right now, fragile," attorney Diane Howard told CNN. DeAngelo spoke only a few words at the hearing, telling the judge very slowly in a feeble voice that he would accept a court-appointed attorney.Howard told reporters that she feels her client has received "unfair press." 648
LA JOLLA, Calif. (KGTV) -- A Rock Star of Science came to San Diego to speak to medical students at UC San Diego about the latest research in Alzheimer’s.While here, Dr. Rudolph Tanzi, a Professor of Neurology at Harvard Medical School, and Vice-Chair of Neurology at Massachusetts General Hospital met up with 10News Anchor Kimberly Hunt.Dr. Tanzi discussed his latest research, drugs in trial that may be able to wipe out the Alzheimer's decades before symptoms, and testing to target the inflammation associated with memory loss.Tanzi also spoke to Hunt about his other passion. His love of music.This passion has taken him down an unlikely path. One that has him performing live with famed guitarist Joe Perry, and playing keyboards on the last Aerosmith album.“If you can find creative success in music, that can be instant, then that will feed longer term successes in science that might take 10 years. It allows you to stick with it," Tanzi said. "Scientific success takes years, in music you can have success in a solo in a few minutes. Creative success, breeds creative success…so one feeds the other.” Tanzi also co-wrote an Alzheimer’s anthem with The Voice and Phantom star Chris Mann. The two have performed the song together with Chris singing and Tanzi on keyboards. It’s first release of ‘Remember Me’ went viral. 1352
KILLEEN, Texas - Homicide detectives in Killeen say they have arrested a Fort Hood soldier in connection to the 2019 homicide of 32-year-old Chelsea Cheatham.According to a police news report, Grafton was taken into custody on Tuesday and charged with first-degree murder.Back on June 3, 2019, the Killeen Police Department responded to the Days Inn Hotel in Killeen, where they located the victim, 32-year-old Cheatham. On September 2, 2020, the Texas Rangers informed KPD about the Sexual Assault Kit Initiative (SAKI) Program and the possibility of utilizing advanced DNA testing to help solve this case.After reviewing the investigation, the Texas Rangers and KPD identified 20-year-old Cory Grafton, a soldier from Fort Hood, as a possible suspect.Investigators interviewed Grafton about Cheatham’s death and collected a sample of his DNA. One of Grafton’s co-workers provided a statement to police that Grafton confessed to him about killing Cheatham.Investigators expedited the DNA test on Grafton’s sample, and on Nov. 3, the test results confirmed Grafton’s DNA matched the DNA found at the crime scene. This story was first reported by KXXV in Waco, Texas. 1174
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