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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

Johnson & Johnson's stock fell as much as 11 percent on Friday — on track for its worst day since 2002 — after a Reuters report said the company knew for decades that asbestos was in its baby powder.The company has been grappling with lawsuits alleging some of its talcum powder products caused cancer. But the Reuters report cites documents and other evidence that indicate company executives, mine managers, scientists, doctors and lawyers knew about the problem and failed to disclose it to regulators or the public.The plunge in J&J's shares rippled across Wall Street. J&J is among the most widely held stocks and it's also a member of the Dow.Reuters said it examined documents, including depositions and trial testimony, that show that from at least 1971 to the early 2000s, J&J's raw talc and finished baby powders sometimes tested positive for small amounts of asbestos, a human carcinogen that can cause cancer.According to Reuters, the documents also depict successful efforts to influence US regulators' plans to limit asbestos in cosmetic talc products and scientific research on the health effects of talc.J&J has responded, saying "Simply put, the Reuters story is an absurd conspiracy theory, in that it apparently has spanned over 40 years, orchestrated among generations of global regulators, the world's foremost scientists and universities, leading independent labs, and J&J employees themselves."Reuters published an emailed statement from J&J Vice President of Global Media Relations Ernie Knewitz said: "This is all a calculated attempt to distract from the fact that thousands of independent tests prove our talc does not contain asbestos or cause cancer. Any suggestion that Johnson & Johnson knew or hid information about the safety of talc is false."On July 19, 2002, shares of Johnson & Johnson tumbled 16 percent as federal regulators investigated a former employee's allegations of false record-keeping at a plant that made an anemia drug linked to serious side effects.d. 2051

JAMUL (CNS) - A small plane landed in thick grass southeast of Jamul Casino in Jamul Wednesday night, but no one was injured.Deputies received a call of a downed plane about 7:50 p.m. off Campo Road, according to Lt. Glen Twyman of the San Diego County Sheriff's Department. The type of plane was not released.It was not immediately clear if the plane made an emergency landing or crashed, but neither occupant was injured.Fire crews remained on scene after the crash to prevent any of the nearby dry grass from catching on fire, Twyman said. 550

JAKARTA, Indonesia (AP) -- The Latest on a tsunami that hit the coast around Indonesia's Sunda Strait (all times local):11:26 a.m. The tsunami death toll rose to 62 with 20 missing, according to a spokesperson for Indonesia's disaster agency.8:35 a.m. Indonesia's disaster management agency says the death toll from a tsunami apparently caused by undersea landslides from a volcanic eruption has risen to 43 with some 600 injured. Scientists say the tsunami could have been caused by the eruption of Anak Krakatau, a volcanic island formed over years from the nearby Krakatau volcano. They also cited tidal waves caused by the full moon.The areas that were affected were South Lampung in Sumatra and the Serang and Pandeglang regions of Java, west of the capital Jakarta. The Sunda Strait between the islands of Java and Sumatra connects the Java Sea to the Indian Ocean.7:05 a.m.A man who says he and his family survived the tsunami that hit the coast around Indonesia's Sunda Strait says he was taking pictures of a volcano Saturday night when he suddenly saw a big wave come toward him. "I had to run, as the wave passed the beach and landed 15-20m (meters) inland," ╪ystein Lund Andersen writes on Facebook. "Next wave entered the hotel area where i was staying and downed cars on the road behind it. Managed to evacuate with my family to higher ground trough forest paths and villages, where we are taken care of (by) the locals. Were unharmed, thankfully." 7:05 a.m.Anderson writes that authorities are saying it appears to be a tsunami caused by a volcanic eruption that he was photographing. "So encountered my first tsunami it seems, hopefully my last," Anderson writes. 6:45 a.m.Government officials say that at least 20 people were killed after a tsunami hit the coast around Indonesia's Sunda Strait, the BBC reports.The national disaster management agency says 165 people were hurt and dozens of buildings were damaged Saturday night, according to the BBC.The agency says the possible cause of the tsunami were undersea landslides after the Krakatoa volcano erupted.The Sunda Strait between the islands of Java and Sumatra connects the Java Sea to the Indian Ocean.The BBC reports that footage posted by the head of the disaster management agency showed the aftermath of the tsunami, with flooded streets and an overturned car.In September, at least 832 people were killed by a quake and tsunami that hit the city of Palu on the island of Sulawesi, which is just east of Borneo. 2499

Jeremy Bulloch, an actor who portrayed Boba Fett in the opening trilogy of “Star Wars,” died at the age of 75, according to his official website.Bulloch died due to health complications after having Parkinson’s disease.Up until 2018, Bulloch traveled across the US, greeting Star Wars fans along with his “Fett” helmet.“It has been a privilege to have had the opportunity to inspire so many generations of Star Wars fans. I have had over 20 years of travelling with my wife Maureen to some amazing countries and have met so many wonderful fans. Thank you all so much and we will miss you all,” Bulloch wrote on his website in 2018.The British actor appeared in dozens of films and television programs, including a regular appearance on the BBC show “The Newcomers.” Among them, Bulloch appeared in three James Bond films. 829