News
Century Marks
Where the money is: The Congressional Research Service reported that CEOs are paid, on average, 179 times more than rank-and-file workers—almost double the 90-to-one ratio of 1994. If the federal minimum wage had risen as much as executive pay has since 1990, it would now be $22.61 an hour, according to the Institute for Policy Studies. Instead, it increased to $5.85 on July 24, the first increase in a decade (AP).
Century Marks
Where would Jesus bike? Bicycling advocates in Chicago are seeking to close a network of boulevards on Sundays from May to October so they can be used by bikers, roller bladders and skaters. They’ve met resistance from some churches along the route. One of the pastors adamantly opposed to the plan is calling for a compromise—wait till Sunday afternoon to close the streets (Chicago Reader, June 22).