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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
L.L. Bean became the latest retailer to announce that it will no longer sell guns or ammunition to customers younger than 21.In response to a tweet from one consumer asking the outdoors retailer to change its policy, the Maine-based retailer replied late Thursday, "In the wake of this shooting we have reviewed our policy on firearm sales, and we will no longer be selling guns or ammunition to anyone under the age of 21."It's the fourth high-profile retailer to change its policy on gun sales to younger customers in the wake of the Parkland, Florida, high school shooting last month.On Wednesday Dick's Sporting Goods, the nation's largest sporting goods retailer, and Walmart, the nation's largest retailer, announced new their restrictions. Dick's also said it would no longer sell assault-style rilfes to anyone at its stores. Kroger, the nation's largest grocer, announced Thursday it would raise the age for weapon purchases at its Fred Meyer general merchandise stores. 999

JACKSONVILLE, Fla. (KGTV) -- Audio captured inside a video game tournament in Jacksonville, Florida reveals the moments a mass shooting took place. Throughout what was a live stream, shots can be heard ringing out inside the facility where the event, known as the Madden 19 Tournament, was taking place. The Jacksonville Sheriff's Office confirmed Sunday afternoon that several people are dead, including one shooter. Authorities are searching for other possible shooters nearby. RELATED: 'Mass shooting' at Madden video game tournament in Jacksonville, Florida, authorities sayListen to the audio in the player below:WARNING: The video below contains graphic content. Authorities held a news conference Sunday afternoon. Watch the conference in the player below: 806
KEARNY, N.J. — An uninvited guest made its way into several New Jersey suburbs, creating quite a stir inside normally quiet areas.Police believe a 300-pound bear is roaming around communities and was most recently seen in North Arlington.It was likely the same bear that was spotted in Kearny. It's not clear how a black bear ended up in the middle of densely populated areas like Kearny — and Harrison, beforehand — but some New Jersey residents needed a second to get their bearings after spotting the furry animal."I haven't seen any here, this is the first time. Surprised me. Especially close to my house," said Ruben Martinez.He barely noticed that it had climbed up a tree in his own backyard around 1 p.m. Monday. That was until he heard some commotion outside."When I went outside, that's when I found out. I saw police in my driveway, that's how I found out. Plus, I see a lot of people outside," Martinez said.Harrison police said the bear was first spotted on Saturday at the local Walmart and by Red Bull Arena. Officers snapped a picture with their bare hands and posted it on social media, warning people to be on alert."We did get a call from the town of Kearny that there was a bear was in the neighborhood and police were looking for it,” said Herbert Ginbel, a local resident.Police asked residents to bear with them as they tried to capture the animal. They've requested an animal control unit and notified the New Jersey Division of Fish and Wildlife."I just hope everything will work out all right, and as a deacon I pray that the bear will be ok, and it can be returned to the habitat that I belongs,” Ginbel said.It's estimated the bear weighs 300 pounds. Ironically today marked the beginning of bear hunting season in New Jersey, though the governor said 2020 would mark the end of bear hunting under his administration.This story originally reported by Cristian Benavides and Rebecca Solomon on pix11.com. 1941
KANSAS CITY, Mo. – A man allegedly verbally and physically assaulted a Muslim student at Metropolitan Community College in Kansas City in an incident the FBI is describing as a potential hate crime.The student was walking in a stairwell in the Humanities Building on the campus around 3 p.m. on April 3. The student said she was walking down the stairway when an unknown male voice uttered a derogatory statement toward the woman.When the woman turned around, she said the suspect struck her in the face, causing her to fall down the stairs.The woman reported the incident to campus police, who notified the FBI.In a statement, a Metropolitan Community College spokeswoman says the incident happened on a day that was part of an international campaign to "scare and encourage violence against Muslims."The FBI said Wednesday it’s offering a reward of up to ,000 leading to the arrest of the suspect in the attack.Anyone with information can call the FBI at (816) 512-8200 or the TIPS Hotline at (816) 474-8477. 1036
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