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Showing posts from May, 2023

For the few women who sit atop S&P 500 companies, thinner paychecks as median compensation slips

Last year was a mixed bag pay-wise for the women who run companies in the S&P 500 -- compensation increased for more than half of them, but the median pay package fell 6% NEW YORK -- Last year was a mixed bag pay-wise for the women who run companies in the S &P 500 -- compensation increased for more than half of them, but the median pay package fell 6%. Of the 343 CEOs in the compensation survey of S &P 500 companies done by the AP and Equilar, only 20 were women . Because they are a small group, changes in pay for only a few can easily skew the overall figures. The drop comes after a 26% jump in the value of pay packages for female CEOs in 2021, a year when compensation reflected a recovering economy and soaring stock prices and profits. Many chief executives were rewarded for steering their companies through the worst of the pandemic. Overall, female CEOs saw their performance bonuses fall 13% to $2.8 million last year and stock awards fall 4% to an average of $10 milli

Prosecutors say Sam Bankman-Fried's arguments to dismiss cryptocurrency charges are meritless

New York prosecutors say Sam Bankman-Fried's lawyers made meritless arguments in a bid to convince a judge to toss out criminal charges alleging that the FTX founder stole from investors in his multibillion dollar cryptocurrency fund NEW YORK -- Sam Bankman-Fried’s lawyers made meritless arguments in a bid to convince a judge to toss out criminal charges alleging that the FTX founder stole from investors in his multibillion dollar cryptocurrency fund, federal prosecutors said Monday. In papers filed in Manhattan federal court, prosecutors responded to early May filings in which Bankman-Fried’s lawyers insisted that the United States overreached in its case against Bankman-Fried, making federal crimes out of regulatory issues. “These motions are meritless,” prosecutors wrote in a nearly 100-page filing. “The charges track the relevant statutes and the defendant’s alleged misconduct falls within the heartland of what these statutes prohibit.” Bankman-Fried, 31, has been living with h

International Everest Day (May 29th)

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Quick facts When is it? Every May 29th Tagged as Nature & Environment What are the hashtags? #EverestDay #InternationalEverestDay Have we missed something? Mount Everest is renowned all over the globe for being the tallest mountain there is! Many people dream of one day seeing this gigantic elevation in person, and perhaps even climbing its formidable slopes and summiting its awe-inspiring peak. International Everest Day is a chance to celebrate this amazing natural wonder and the intrepid adventurers who have braved the climb. History of International Everest Day Located at the border between Nepal and China in the Himalayas, Everest is a mountain that has accumulated many names over the years. Its Nepali name, Sagarmāthā, translates as ‘the Head in the Great Blue Sky’, the Tibetan word Qomolangma means ‘Holy Mother’, while the English name comes from the British Surveyor General of India, Sir George Everest. Attempts to climb Mount Everest began in the 1

Egypt unveils recently discovered ancient workshops, tombs in Saqqara necropolis

Egyptian antiquities authorities have unveiled ancient workshops and tombs they say were discovered recently at a Pharaonic necropolis just outside the capital Cairo CAIRO -- Egyptian antiquities authorities Saturday unveiled ancient workshops and tombs they say were discovered recent ly at a Pharaonic necropolis just outside the capital Cairo. The spaces were found in the sprawling necropolis of Saqqara, which is a part of Egypt’s ancient capital of Memphis, a UNESCO World Heritage site. Mostafa Waziri, secretary-general of the Supreme Council of Antiquities, said the workshops had been used to mummify humans and sacred animals. They date back to the 30th Pharaonic Dynasty (380 BC to 343 BC) and Ptolemaic period (305 BC to 30 BC), he said. Inside the workshops, archaeologists found clay pots and other items apparently used in mummification, as well as ritual vessels, Waziri said. The tombs, meanwhile, were for a top official from the Old Kingdom of ancient Egypt, and a priest fro

Family of man fatally shot by Walgreens security guard files $25M wrongful death lawsuit

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The family of a man fatally shot by a security guard in a San Francisco Walgreens last month during an apparent shoplifting altercation has filed a $25 million lawsuit. The family of a man fatally shot by a security guard in a San Francisco Walgreens last month during an apparent shoplifting altercation has filed a $25 million wrongful death lawsuit. Banko Brown, 24, died on April 27 following an altercation with the guard, police said. The guard, 33-year-old Michael Earl-Wayne Anthony, has not been charged in the shooting. Attorneys for Banko's parents announced Friday they have filed a civil lawsuit in San Francisco Superior Court against Walgreens, Anthony and Kingdom Group Protective Services, which provides security for Walgreens and employs Anthony. A press conference is held to announce the family of Banko Brown is filing of a wrongful death lawsuit, May 26, 2023. KGO "Deadly force was not the way to handle this," civil rights attorney John Burris told reporters

Quarterly results from Best Buy, Ralph Lauren and Dollar Tree show divergence in consumer spending

As inflation on necessities like groceries remains stubbornly high, the well-heeled consumer appears to still be spending, while the lower-income shopper continues to cut back their purchases, according to the latest batch of earnings reports NEW YORK -- As i NFL ation on necessities like groceries remains stubbornly high, the well-heeled consumer appears to still be spending , while lower-income shoppers continues to cut back their purchases, according to the latest batch of earnings reports. Ralph Lauren Corp., which sells $300 sweaters and $500 handbags, reported a surprise increase in revenue in the latest fiscal quarter, while Dollar Tree cut its annual profit outlook on shoppers' increased focus on groceries and other necessities. Groceries carry a lower profit margin compared with general merchandise like clothing. The dollar chain's profits were also hit by an increased level of so-called shrink — an industry term for inventory loss, including theft. Dollar Tree's

When a massive snake over 10 meters long appeared in China and started slithering about looking for ргeу, internet users were horrified. (VIDEO)

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  In a ѕtᴜппіпɡ and awe-inspiring event, a village recently became wіtпeѕѕ to an extгаoгdіпагу eпсoᴜпteг with what experts have іdeпtіfіed as the largest snake ever recorded on the planet. This captivating and гагe іпсіdeпt has left the villagers both astonished and fascinated, sparking іпteпѕe discussions among locals and wildlife enthusiasts alike. Let’s delve into the details of this remarkable eпсoᴜпteг and exрɩoгe the implications it holds for our understanding of these іпсгedіЬɩe creatures. The massive snake , measuring a staggering length of over 30 feet and weighing an estimated 1,000 pounds, suddenly appeared in the village, causing an immediate ѕtіг among the residents. As word quickly spread, people gathered to wіtпeѕѕ the Ьгeаtһtаkіпɡ sight of this magnificent creature slithering through their midst. The sheer size and majesty of the snake left onlookers in awe, prompting some to сарtᴜгe photos and videos to document the eпсoᴜпteг. As news of the village’s ᴜп

Bukayo Saka signs new long-term contract at Arsenal

Arsenal have announced that Bukayo Saka has signed a new long-term contract with the club. The Gunners have been working to tie the winger down to a new deal, with 90min first reporting in February that the two parties had agreed a deal in principle. And now, Arsenal have confirmed that Saka has now finally put pen to paper on the new contract. Saka has enjoyed another fine season at the Emirates Stadium, starring in their ultimately unsuccessful Premier League title charge. He is one of only two players - the other being Mohamed Salah - to have registered double figures of goals and assists in the top flight this term, scoring 13 times and setting up others on 11 occasions. Arsenal are continuing to try and secure the futures of many of their key players. Aaron Ramsdale has signed a new deal and talks are ongoing with William Saliba, while 90min recently reported that negotiations are planned with captain Martin Odegaard. READ MORE FROM THE 90MIN TALKING TRANSFERS TEAM feed Howeve

Uvalde in Their Own Words: Teacher whose students were killed shares physical, emotional scars

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Robb Elementary School fourth-grade teacher Arnulfo Reyes was watching a movie with 11 of his students when he heard shots ring out. Robb Elementary School fourth-grade teacher Arnulfo "Arnie" Reyes was watching a movie with 11 of his student s when he heard shots ring out on May 24, 2022. He instructed the children to get under the table and act like they were asleep. When Reyes turned around, he saw a gunman standing there -- and the shooter then started firing. Reyes was shot twice. All of the student s who were in his classroom were killed . Across Reyes' room and an adjoining classroom, 19 children and two teachers were murdered. Uvalde:365 is a continuing ABC News series reported from Uvalde and focused on the Texas community and how it forges on in the shadow of tragedy. My name is Arnie Reyes. I am a survivor from Robb Elementary. I was in Room 111, and I was there that day on 5/24/22. ... Visitors view a makeshift memorial honoring those recently killed at Robb E

WhatsApp fined in Russia for failure to delete banned content

MOSCOW: Messenger service WhatsApp faces a maximum fine of 4 million roubles (51,500) after Russia accused it of failing to delete banned content , state-owned news agency RIA reported on Friday, citing a Moscow court. Although WhatsApp's parent company Meta Platforms Inc was last year banned in Russia as an "extremist" organisation, the messenger app - which is widely popular in Russia - has not previously been threatened with legal proceedings for failing to remove prohibited information. The RIA report did not specify what information WhatsApp had allegedly failed to delete . It said the administrative case was filed by communications regulator Roskomnadzor. At the outset of its military campaign in Ukraine, Russia introduced harsh new military censorship laws under which technology companies including Google, Wikipedia and Discord have been fined. ($1 = 77.7205 roubles) Source: https://thefoxposts.com/whatsapp-fined-in-russia-for-failure-to-delete-banne

MLB picks Saturday 5/20: YRFI & NRFI best bets today: Fast start in St. Louis

With plenty of MLB games taking place each day, one of the quickest bets you can make is if a run will be scored in the first inning. There is value to be had and this market has become very popular over time. If you don’t like sweating out your bets for 3 hours, this one will only take about 15 minutes. We’re on 26-8 run with our YRFI/NRFI picks, so let’s keep the momentum going! Before we dive in, don’t forget to check out our MLB picks on the side and total for every game today. There are 2 YRFI/NRFI bets I like on Saturday, so let’s get right into it. You can bet on all today ’s Sports at FanDuel, America’s #1 Sports book, which has a great new customer offer where you can get a No Sweat First Bet of $1,000. Click here to take advantage of this awesome offer. Los Angeles Dodgers vs St Louis Cardinals: YRFI (-120) Anytime that Noah Syndergaard is on the mound these days, I’ll be looking to target the YRFI. The Dodgers starter has had a very poor start to his tenure in Los Ang

Disney cancels planned Florida campus in Lake Nona

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Disney cited "new leadership and changing business conditions," according to a memo. Disney announced on Thursday that it canceled plans for a new campus near Orlando, Florida. The development was planned for the Lake Nona region. "Given the considerable changes that have occurred since the announcement of this project, including new leadership and changing Business conditions, we have decided not to move forward with construction of the campus ," Disney said in a statement. MORE: Walt Disney World announces return of annual pass sales However, the company affirmed its commitment to additional expansion. "We have plans to invest $17 billion and create 13,000 jobs over the next ten years," the memo said. "I hope we're able to do so." The Lake Nona campus, announced in 2021, was set to host employees from Disney's Parks, Experiences and Products division. The company previously delayed the opening of the campus to 2026. As part of the pla

Limo company operator found guilty of manslaughter stemming from crash that killed 20

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A limousine company operator was charged with second-degree manslaughter for a 2018 crash in upstate New York that left 20 dead. A limousine company operator was found guilty of second-degree manslaughter for a 2018 crash in upstate New York that left 20 people dead. Nauman Hussain was in charge of the day-to-day operations of Prestige Limousine when the company rented the stretch Ford Excursion SUV to a group celebrating a 30th birthday party on Oct. 6, 2018. MORE: A 34-year-old dad, a professor and young newlyweds among the 20 killed in limo crash The limo was traveling on a downhill stretch of road when it went through an intersection and crashed into a parked Toyota Highlander in Schoharie, a town about 40 miles away from Albany. All 17 passengers, the driver and two pedestrians were killed. The limo had failed an inspection by the state's Department of Motor Vehicles the month prior to the crash and the driver did not have the appropriate driver’s license to be operating that