It pays to fail7/15/2015
The enormous compensation CEOs of large corporations receive is justified, in part, by their bringing prosperity to their shareholders, but last year (an excellent one for most investors), two of the nation’s best-paid chief executives “earned” handsome raises despite presiding over losses: Philippe Dauman of Viacom Inc. (paid $44.3 million, stock lost 6.6 percent) and Jeffrey Immelt of General Electric (an 88 percent raise to $37.3 million, stock lost 6.7 percent). CEO Steven Newman of Transocean earned only $14.2 million, according to a June Wall Street Journal report, but that was a 2.2 percent boost — for stewardship that resulted in one of 2014’s biggest flops — Transocean’s 59.9 percent loss for its shareholders.
The entrepreneurial spirit
The Japanese, especially, report a decline of intimacy (for instance, a recent estimate found that about a quarter of 30-year-olds had never had sex with another person) — convenient for a Kyoto research institute’s announcement in June that it had developed a huggable, human-sized, featureless pillow (resembling Casper the Friendly Ghost), with skin-like texture, to serve as an embraceable intimacy substitute. For people with actual lovers, the “Hugvie” (retailing for the equivalent of $80) has a mouth slot for a cellphone to enable running sweet talk with a remote “companion.”
In a recent BBC documentary, the son of renowned cosmologist Stephen Hawking (Tim, now 36) revealed that his dad is “hugely competitive” and showed him “no compassion at all” when he was growing up. Tim said two of his few avenues of coping with such a famous, oblivious father were when he used to race around in his dad’s specialized (and expensive) wheelchair (pretending it was a go-kart) and, for those deliciously awkward moments, adding cuss words to his father’s synthesized speech software.
Latest religious messages
Jihadists governing ISIS’ Euphrates province recently outlawed the popular hobby of breeding pigeons and threatened violators with flogging and imprisonment. The ban was initially thought to be aimed at frustrating pigeon-messaging to the outside world, but the published prohibition mentions other justifications — the hobby’s frivolity (wasting time that could better be spent praying) and the special offense to God (because pigeons are “uncovered,” with exposed genitals).
Can’t stop myself
Esteban Rocha, 51, was arrested in June in Placerville, California, and charged with exposing himself to a woman — about 25 minutes after Rocha had left the Placerville Police Department, where he had dutifully gone to register his location so that police could keep track of him.
Leading economic indicators
Sweden has unemployment issues, like most countries, but, still, the Oliver & Eva sex shop was not prepared for the deluge when the nation’s Employment Service website posted its opening to hire a “sex toy tester.” Until the service was forced to pull the announcement, applications were coming in at the rate of one every 20 seconds, with 14,000 emails greeting the employer the first morning. The sex shop emphasized that the tester must be “driven,” “methodical” and “with patience” and a knowledge of Microsoft Excel.
Armed and clumsy
Adam Hirtle, 30, of Colorado Springs, Colorado, checked into a hospital on June 10 after intentionally shooting himself in the foot with a .22-caliber handgun — twice, “curious” to see how it felt (with and without his boot to compare pain levels). (2) Jeremiah Raber, 38, recently commenced a crowdfunding campaign for a kids’ sports version of his “Nutshellz” jockstrap — according to Raber the strongest such apparel in the world, made from breakthrough “Dyneema” (supposedly half the weight of Kevlar but twice as strong). Recently, using a “.22 long rifle,” Raber had business partner Matt Heck shoot him directly in the delicate area, but according to Raber, he felt just a “tap.”
Least competent criminal
Gary Elliott, 19, was arrested shortly after someone had ripped a hole in the ceiling of Al’s Army Navy store in Orlando, Florida, and — expertly shimmying down a rope, then back up — made off with about 70 guns in a bag. (“It must be Spider-Man,” was proprietor Neal Crasnow’s first thought.) However, minutes after the burglary, Elliott came to a police officer’s attention on the street, bleeding, carrying the large bag — and pedaling away on his “getaway” vehicle, which was a genuine tricycle (yes — three wheels!). CV
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