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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

Joe Biden is poised to unveil his vision for the modern Democratic Party in the first presidential nominating convention of the coronavirus era, an all-virtual affair that will test the former vice president’s ability to overcome unprecedented logistical challenges in an urgent mission to energize a winning coalition.The Democratic National Convention, which formally begins Monday, is not a convention in the traditional sense. There will be no physical gathering place, no cheering audience, no balloons. The program will consist instead of a series of online video addresses — half of which will be pre-recorded — that play out for two hours each night until Biden formally accepts the Democratic presidential nomination in a mostly empty Delaware ballroom on Thursday.Along the way, Biden’s party will make history by unveiling the nation’s first Black vice presidential nominee, Kamala Harris. The speaking program also features two former presidents, two past presidential nominees, one former first lady, a former Republican governor, a New York ultra-billionaire and various working-class Americans.“Nothing about 2020 has been normal. So I don’t think anyone expected that this convention would be normal either,” said Atlanta Mayor Keisha Lance Bottoms, who was under consideration to serve as Biden’s running mate and will speak at the convention. “I hope wherever people are that they’re excited about the moment and the opportunity that lies before us.”The online gathering comes as Democratic officials work to energize supporters behind Biden’s candidacy — not simply against President Donald Trump’s. While Trump is a huge motivator for many Democrats, there is some concern within the party that lower-information voters who lean Democrat and swing voters aren’t locks to cast ballots for Biden this fall, especially as the pandemic creates barriers to voting.At the same time, Trump and his allies are fighting to scare away would-be Biden-Harris backers by describing the Democrats’ 2020 ticket as the most ideologically extreme in American history. While widely considered a political moderate — at least compared with the likes of Vermont Sen. Bernie Sanders and Massachusetts Sen. Elizabeth Warren — Biden’s plans to implement a Medicare-like system for those who want it, sweeping environmental protections and higher taxes on the rich would represent a major shift to the left.Still, Biden attracted the support of former Ohio Gov. John Kasich, a Republican, who is scheduled to speak Monday. The Biden campaign hinted that Kasich would not be the only high-profile Republican featured at the convention, but refused to say more.The inclusion of Kasich, who opposed abortion rights and fought labor unions while in office, rankled some progressives. One of the far-left’s champions, New York Rep. Alexandria Ocasio-Cortez, is scheduled to speak for just 60 seconds to help introduce Sanders on the same night as Kasich. Prominent liberal activist Ady Barkan, who previously backed Sanders, is scheduled to deliver remarks the next day.“I’m glad that John and other moderate-type Republicans understand that it is wrong to be supporting Trump,” Sanders told The Associated Press. “But what John says has nothing to do with what I will say. My speech has everything to do with the need to defeat Trump, elect Biden and move the country into a government that works for all of us and not just the 1%.”There appears to be far less tension among the Democrats’ often-competing factions heading into the 2020 convention than many predicted earlier in the year. Just six months ago, political operatives were openly contemplating the prospect of a so-called contested convention in which none of the Democratic candidates had a clear delegate majority going into the convention.That possibility quickly faded in early March. After Biden’s commanding South Carolina primary victory, several competitors suddenly rallied behind him as the pandemic began to explode.Even if there was leftover resentment among wings of the party, the convention’s online forum doesn’t provide any opportunities for public infighting. Key votes on the party platform already will have taken place by mail ballot. The details, which are expected to be approved overwhelmingly, were hammered out in Zoom meetings.Progressives got their say when they extended party rules through 2024 that ban so-called “superdelegates” from voting for the party’s presidential nominee on the first nominating ballot.But without the opportunity for the approximately 4,800 Democratic delegates from across the country to gather on the same convention hall floor, as is tradition, the opportunity for a genuine convention debate over the direction of the party has been eliminated.Larry Cohen, a prominent Rules Committee member and Sanders’ confidant, lamented the loss of an in-person convention, but not because it limits debate.“The key of a convention, really, is the party building that comes with 57 different delegations,” he said, noting the in-person daily meetings that would occur in hotels across a host city. “You shape the party in those breakfast meetings, where you argue over what it means to be a Democrat in Wyoming, what does it mean in Georgia.”With less focus on policy debates, convention officials are highlighting the historic racial diversity on the ticket as the nation experiences a national awakening on race. Harris, who is also of Asian descent, is scheduled to address the nation Wednesday night as the first woman of color on a major party’s presidential ticket.The high-profile Black speakers also on the program include former first lady Michelle Obama, former President Barack Obama, New Jersey Sen. Cory Booker and Lance Bottoms, who will introduce a video tribute to the late Georgia Congressman John Lewis on Thursday night ahead of Biden’s speech.“For so many people of color in this country, race is always at the forefront,” Lance Bottoms said. “To be able to have this collective conversation in so many ways is cathartic, especially as we’re going into an election year, because there won’t be any secrets about what people across this country expect from the next administration.”Despite the focus on racial justice, Rev. Al Sharpton, a civil rights activist, predicted next week’s convention would “lack excitement.” He said it likely doesn’t matter, however, especially as Trump and his party prepare for their convention the following week.“As excited as I am about Kamala Harris, the best weapon Democrats have is Donald Trump,” Sharpton said. “He will do himself in. Just don’t get in his way. He will beat himself.”___Barrow reported from Atlanta. AP writer Will Weissert in Wilmington, Delaware, contributed. 6747

JULIAN, Calif. (KGTV)-- This was the first weekend San Diegans were able to enjoy the snow-packed mountains. But morning road closures made traveling uphill from San Diego difficult. By early afternoon, most road restrictions were lifted, and thousands of people made their way to the tourist towns. To Teak Nichols, Julian is just home. But he knows it is a special place. "It's been really magical the last few days. So I can understand why people would want to be a part of that," Nichols said. With its old-world charm and snow-packed roofs, Julian is an escape from the daily grind. "We wanted to get away from the city," San Diegan Sandra Aguiar said. She brought her husband's family from Tijuana to experience the allure of the small town. But she said it was not an easy ride. "It took about an hour and 45 minutes," Aguiar said. "Then two miles from here, it was bumper to bumper."Until 1 p.m. Saturday, California Highway Patrol officers slowed down drivers to enforce chain controls along State Route 79 at Cuyamaca Rancho State Park. Many parts of Sunrise Highway were also shut down due to icy conditions. "In some parts, it was kind of scary. We were sliding a little bit," Aguiar said. Even after they finally made it into town, the waiting continued. Aguilar's main reason for coming up the hill was to get a bite of Nichol's mother's famous dessert at Mom's Pies. "I've tried Julian pies before, but these are the best," Aguiar said. Nichols said it is a recipe that has been kept a secret since 1984. It is a seasonal favorite that sells out, every time it snows."It's gotten busier as the day has gone on," Nichols said. "Apparently, the road opened up, so we got a little bit busier after that."Snow days may slow down traffic and clog up parking, but customers said it is all worthwhile."It's homemade, and it makes it better because we're with family," Aguiar said. "The ice cream was also delicious with it. I mean, it's well worth it!"By mid-afternoon, CHP opened up SR-79 with no restrictions. 2028

LA JOLLA, Calif. (KGTV) - A researcher at UC San Diego just got a million grant to further his work into nanosponge therapy.Liangfang Zhang, a professor of nanoengineering and bioengineering, has been working on creating macrophage cellular nanosponges, tiny particles covered in white blood cell membranes, to treat sepsis and other diseases."They can be used to bind to the virus and neutralize the virus," Zhang says. "So now the virus would lose the ability to infect the host cells."The nanosponges act as decoys, tricking a disease or virus into binding with them instead of with human cells. While the initial aim is to treat sepsis, Zhang says it has applications to other deadly diseases, including COVID-19."The formulation that we're developing for treatment of Sepsis is the same formulation that you will use with COVID-19," he says.The grant comes from CARB-X, a Boston-based medical philanthropy that specializes in funding research into antibacterial treatments. Zhang says the money will be used for his company, Cellics Therapeutics, to further advance the research into clinical trials, FDA approval, and production of the nanosponge therapy.Steve Chen, president and chief medical officer of Cellics Therapeutics, says he's hopeful they can advance the nanosponges into human trials within two years."We're essentially looking at how this platform can treat not just infectious disease or future pandemics, but you could actually have a lot of applications in any type of autoimmune diseases or any type of inflammatory diseases," says Chen.In an early study published this year, Zhang's research showed the nanosponges were around 90% effective at blocking infections from taking hold.RELATED: UC San Diego researchers testing nanosponges to fight COVID-19Chen says the research and trial period may take too long for the nanosponges to be used during the current coronavirus pandemic. But he's hopeful it will help make the next outbreak less severe."My sincere desire is that we are not going to need this for COVID-19. But I think this does position us very well for any potential future kind of viral outbreak," says Chen.Cellics is also working on a Red Blood Cell version of their nanosponges, which may be ready for human trials within a year. 2283

LA JOLLA, Calif. (KGTV) -- A group of San Diego conservationists is testing a high-tech approach to catch poachers illegally fishing in marine protected areas.The Imperial Beach-based non-profit Wildcoast is in the midst of a pilot study with the Scripps Institution of Oceanography to examine the effectiveness of land-based radar as a real-time monitoring tool for law enforcement.A single radar station can send a signal up to three miles and detect vessels as small as a kayak, said Wildcoast conservationist Cory Pukini."Enforcement officers will be able to open up a laptop or look at their cell phone to see if people are in compliance without actually deploying resources to come out here," Pukini said while boating through one of the marine protected areas (MPAs).There are 11 MPAs in San Diego County which have restrictions on fishing, including one near Crystal Pier in Pacific Beach and another near the La Jolla Children's Pool. The areas are designed to help fish populations rebound, provide a buffer zone for the effects of climate change, and preserve other resources.A new law that took effect this year allows wardens to issue heftier fines to people caught fishing for profit in an MPA. The penalty for a first offense now ranges from ,000 to ,000, up from 0 to ,000. Although wardens have issued more fines and warnings in recent years, enforcement remains elusive. The California Department of Fish and Wildlife has just one boat and five wardens to patrol 18 MPAs in San Diego and Orange Counties. That's where the land-based radar and app could make an impact, according to Pukini."It'll help them more efficiently deploy resources to the field," he said.Together with ocean temperatures and weather data, information gathered by the radar could be used to forecast the times and locations where poaching is most likely, Pukini said. The Marine Monitor Radar Project study is in its second year. If it's shown to be effective, the approach could help protect marine preserves around the world, Pukini said. 2050

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