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CEO pay is rising, widening the gap between top executives and workers. What to know, by the numbers
Read full article: CEO pay is rising, widening the gap between top executives and workers. What to know, by the numbersThe typical compensation for CEOs of S&P 500 companies keeps climber higher โ and outpacing the wages of average workers today.
CEOs got hefty pay raises in 2023, widening the gap with the workers they oversee
Read full article: CEOs got hefty pay raises in 2023, widening the gap with the workers they overseeThe typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americansโ budgets.
Apple previews new iPhone software, changes to Mac chips
Read full article: Apple previews new iPhone software, changes to Mac chips(Brooks Kraft/Apple Inc. via AP)Apple on Monday provided a glimpse at upcoming software changes designed to make the iPhone even easier to use and announced underlying hardware changes to its line of Mac computers. In recognition of the pandemic, Apples next iPhone operating system will include an option to put a face mask on a personalized emoji. Upgraded software for the Apple Watch will detect when wearers wash their hands. Apple also said its Mac computers will begin shifting to the company's own processor chips and away from the Intel chips that have powered those computers for 15 years. Some Macs will have the Apple chips before the end of the year, but the full transition away from Intel chips wont be completed until 2022.