Euro zone unemployment hits a high
Unemployment in the euro zone hit a record high in June. Across the 17 countries that use the currency, 17.8 million people were out of work, 123,000 more than in May and the highest figure recorded since the euro was created, in 1999. It was the 14th straight month of increased unemployment.
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Google unveils a high-speed network
Google unveiled details last week of its high-speed Internet network, which runs 100 times faster than typical broadband. Known as Google Fiber, the network will offer residents of Kansas City, Mo., and Kansas City, Kan., Internet service for $70 a month, or both Internet and a television service for $120 a month, beginning this fall.
The New York Times
Sound prospects for the sleep industry
The sleep industry in the U.S. is projected to hit more than $32 billion this year, up nearly 9 percent a year since 2008. The figure includes everything from sleeping pills and deluxe mattresses to sleep coaches and consultants. Nearly a third of working Americans—more than 40 million people—are sleep deprived.
The Fiscal Times
Circulation tops ads at The New York Times Co.
The New York Times Co. now earns more revenue from subscriptions than from advertising. The company’s three papers—The New York Times, International Herald Tribune, and The Boston Globe—earned $220 million in digital and print ads in the second quarter, compared with $233 million in circulation revenue. It was the second quarter in a row that circulation overtook ads.
NYMag.com
Gay rights: More work needed
In 29 U.S. states, companies can legally fire a worker for being gay, according to the Human Rights Campaign, a gay, lesbian, and transgender civil-rights group.
The Wall Street Journal