News That Matters

Author: admin

American firms reveal the gulf between bosses’ and workers’ pay

American firms reveal the gulf between bosses’ and workers’ pay

Finance
[unable to retrieve full-text content]HOW much should company bosses be paid relative to their employees? It depends who you ask. Plato argued that the richest members of society should earn no more than four times the pay of the poorest. John Pierpont Morgan, a banker from America’s gilded age, reckoned that bosses should earn at most 20 times the pay of their underlings. Investors today hold chief executives in vastly higher esteem. According to new filings submitted to the Securities and Exchange Commission (SEC), America’s largest publicly listed firms (those worth at least $ 1bn) on average paid their chief executives 130 times more than their typical workers in 2017. The figures are being disclosed by firms in their financial filings for the first time this year.The SEC’s new require
10-year study shows obesity increases risk for 12 cancers

10-year study shows obesity increases risk for 12 cancers

Health
May 24 (UPI) -- A new report by the World Cancer Research Fund Thursday links excessive body fat to 12 types of cancers, at a time it says obesity is on the rise globally. The report Diet, Nutrition, Physical Activity and Cancer: a Global Perspective examines a decade of research linking cancer prevention to diet and lifestyle, and is the third to address the subject. The first and second reports were published in 1997 and 2007. Thursday's report found obesity increases humans' risk of getting 12 cancers -- in the mouth, esophagus, stomach, pancreas, gallbladder, liver, colorectum, breast, ovary, endometrium, prostate and kidney. The prevalence of obesity, it said, has increased at a rate faster than ever before. "In 2016, an estimated 1.97 billion adults and over 338 million children an...
U.S. energy sector braces for hurricane season

U.S. energy sector braces for hurricane season

Business
May 25 (UPI) -- While offshore segments were spared, the U.S. energy sector could be in for a rough year with forecasters expecting an above-normal hurricane season. Climate forecasters at the National Ocean and Atmospheric Administration, a division of the Commerce Department, predict a 40 percent chance of an average 2018 hurricane season and a 35 percent chance of an above-normal season. There's a 70 percent chance that as many as four hurricanes of category 3 or stronger will come from this year's Atlantic hurricane season. An average hurricane season produces one to three major hurricanes, characterized by winds stronger than 111 miles per hour. "It only takes one storm to devastate a community so now is the time to prepare," Daniel Kaniewski, the acting deputy administration at the...
Another email about privacy and data? Here's why

Another email about privacy and data? Here's why

Technology
"Updates to our privacy policy", "Stay connected", "Data law changes": You have probably had lots of these emails recently from various companies and organisations - but what's it all about? It's to do with a huge shake-up of data protection laws, with a tougher European standard soon kicking in and companies worried about the potential for huge fines.The EU's General Data Protection Regulation (GDPR) means many groups who currently send you emails need to confirm you consent to them using your personal details.For example, if you are still okay to receive marketing information and promotions.It means consent can no longer be assumed. Pre-ticked boxes that you have to uncheck are now banned; as is hiding consent in the middle of long chunks of legal text.Some companies who ...
Giant canyons discovered in Antarctica

Giant canyons discovered in Antarctica

Science
Media playback is unsupported on your device Scientists have discovered three vast canyons in one of the last places to be explored on Earth - under the ice at the South Pole. The deep troughs run for hundreds of kilometres, cutting through tall mountains - none of which are visible at the snowy surface of the continent. Dr Kate Winter from Northumbria University, UK, and colleagues found the hidden features with radar. Her team says the canyons play a key role in controlling the flow of ice. And if Antarctica thins in a warming climate, as scientists suspect it will, then these channels could accelerate mass towards the ocean, further raising sea-levels. "These troughs channelise ice from the centre of the continent, taking it towards the coa...