The disparity between what chief executive officers earn and what their employees earn continues to grow exponentially. CEO pay levels have increased dramatically for more than 20 years. Pay levels for workers, however, have stagnated. This is a much-cited statistic. But now a proposed bill in the California state Senate aims to do something about this.
The Great Debate
from Stories I’d like to see:
1. The Oracle Oregon fiasco:
We all know by now that the dominant story line of the Obamacare website’s failed launch is that the federal government is terrible at doing high-tech projects -- let alone one that involves the e-commerce wizardry that has made Silicon Valley the envy of the world.
Larry Ellison, Oracle Corp’s chief executive, is famous for making outrageous predictions about the future of the computer industry and being mocked by rivals and pundits.