The bottom line
Unemployment takes its toll; The richest team in baseball; Putting in a good note for Jack Daniel's; Bad ratings for business cable news; Going to work on Labor Day
Unemployment takes its toll
The number of households with at least one unemployed parent increased by a third between 2005 and 2011, according to the U.S. Census Bureau. Nevada experienced the biggest jump in families hit by unemployment—148 percent—followed by Hawaii (95 percent) and Florida (93 percent).
Gawker.com
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The richest team in baseball
The worst team in major league baseball, the 46-93 Houston Astros, is also far and away the most profitable in major league history. Thanks to surging TV revenues and a stingy active-team payroll of under $13 million—that’s less than 64 individual players on other teams make—the Astros are expected to have an operating income of $99 million this season.
Forbes.com
Putting in a good note for Jack Daniel's
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In a study of Billboard magazine’s year-end charts from 2009 to 2011, researchers found that 167 of the 720 listed songs referenced alcohol. Of those, 46 (or 6.4 percent of the total) mentioned a specific brand of booze. Nods to Patrón tequila, Hennessy cognac, Grey Goose vodka, and Jack Daniel’s whiskey accounted for more than half of all alcohol-brand mentions.
PSMag.com
Bad ratings for business cable news
Fewer people are watching business cable news. CNBC posted some of its worst ratings in 20 years last month, while its competitor, Fox Business News, has also seen its viewership decline in many time slots.
NYMag.com
Going to work on Labor Day
An estimated 39 percent of employers kept their doors open on Labor Day and required employees to show up for work.
Time.com
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