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Daily Archives: December 18, 2018

The Highest Paid CEOs of 2018

24/7 Wall Street: “Hundreds of CEOs earn eight-figure salaries — at least $10 million — each year. And many pull in even higher salaries, several times that amount. Top-performing — and sometimes less than top-performing — CEOs are rewarded with lucrative contracts that generally include salary, bonuses, stock and options grants, and benefits. In a few cases, CEOs are set to earn more than $100 million in total compensation in 2018. 24/7 Wall St. reviewed data from Equilar Inc. on the total compensation of American CEOs to determine the highest paid CEOs in 2018. Calls for corporate accountability have grown louder in recent years. Many feel that CEO pay has become excessive, especially when compared to many of their workers. Each of the 25 highest-paid CEOs among major publicly traded companies is paid at least 200 times the average salary of their employees. Mindy Grossman, CEO of Weight Watchers International, has the highest CEO-to-average-worker-pay ratio — earning 5,908 times more than the company’s average employee. There has also been a recent push to hold powerful executives more accountable for their personal actions. Les Moonves stepped down as the head of CBS after six women accused him of sexual harassment. Steve Wynn also left Wynn Resorts after similar claims against him surfaced…”

Johnson & Johnson knew for decades that asbestos lurked in its Baby Powder

Reuters Investigates – Powder Keg – “Facing thousands of lawsuits alleging that its talc caused cancer, J&J insists on the safety and purity of its iconic product. But internal documents examined by Reuters show that the company’s powder was sometimes tainted with carcinogenic asbestos and that J&J kept that information from regulators and the public….J&J… Continue Reading

California launches new online repository to share open-source code

StateScoop: “The California Government Operations Agency last week launched a new website that will eventually host the state’s open-source software projects, allowing agencies, the technology industry and citizens to collaborate on the development of software used by the state government. The website, Code California, follows the state Department of Technology’s May order calling for the… Continue Reading

California Knew the Carr Wildfire Could Happen. It Failed to Prevent it.

ProPublica: “Dozens of interviews and a review of local, state and federal records show that virtually every aspect of what came to be known as the Carr Fire — where it ignited; how and where it exploded in dimension and ferocity; the toll in private property — had been forecast and worried over for years.… Continue Reading

A People’s Guide to AI

“Systems that use artificial intelligence are quietly becoming present in more and more parts of our lives. But what does this technology really mean for people, both right now and in the future? Written in 2018 by Mimi Onuoha and Mother Cyborg (Diana Nucera), A People’s Guide to AI is a comprehensive beginner’s guide to… Continue Reading

Merry Christmas – DOJ issues reg banning Bump Stocks

CNN – “The Trump administration rolled out a new federal regulation Tuesday officially banning bump-fire stocks: “Those who possess the devices, which make it easier to fire rounds from a semi-automatic weapon by harnessing the gun’s recoil to “bump” the trigger faster, will have 90 days to turn in or otherwise destroy them from the… Continue Reading

Evaluating Shepard’s, KeyCite, and Bcite for Case Validation Accuracy

Paul Hellyer, Evaluating Shepard’s, KeyCite, and Bcite for Case Validation Accuracy, 110 Law Libr. J. 449 (2018), “This study evaluates and compares how accurately three legal citators (Shepard’s, KeyCite, and BCite) identify negative treatment of case law, based on a review of 357 citing relationships that at least one citator labeled as negative. In… Continue Reading