Amazon’s CEO Pay Is More Than 6,000 Times That of the Company’s Typical Worker

A tight labor market created a rare moment of leverage for low-wage workers last year. But Corporate America took no great leap forward on pay equity. A new Institute for Policy Studies report, Executive Excess 2022, reveals how low-wage corporations have continued to pump up CEO pay during the pandemic while workers are struggling with rising costs. The report zeroes in on compensation trends at the 300 publicly held U.S. corporations that reported the lowest median worker wages in 2020. At over a third of these firms — 106 in all — median worker pay either fell or failed to…

Ax-1: why the private mission to the International Space Station is a game changer

If the mission goes well, private company Axiom Space will move on to building a space station.

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