The bottom line
Industrial production falls; Payroll disparity: Yankees vs. Rangers; GM’s workforce increases by 9 percent; America's largest landowner; Donations to charities drop
Industrial production falls
Adding to worries that the economic recovery has stalled, U.S. industrial production fell in September, for the first time in more than a year. Output at mines, factories, and utilities fell 0.2 percent, according to the Federal Reserve.
Bloomberg.com
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Payroll disparity: Yankees vs. Rangers
The New York Yankees, with a 2010 player payroll of $207 million, contended this week for the American League championship against the Texas Rangers, whose player payroll totals $55 million. The $152 million difference is the largest payroll disparity in the history of baseball’s postseason.
GossipSports.com
GM’s workforce increases by 9 percent
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Since emerging from bankruptcy protection in July 2009, General Motors has hired 7,400 people, primarily for blue-collar assembly jobs. That works out to a 9 percent increase in GM’s workforce, now 77,000 strong.
Fortune
America's largest landowner
For the fourth time, CNN founder Ted Turner tops The Land Report’s list of America’s 100 largest landowners. His holdings of more than 2 million acres include 15 ranches in seven states—more than enough to accommodate his 50,000 bison, the world’s largest private herd.
LandReport.com
Donations to charities drop
The 400 largest U.S. charities raised $68.6 billion in 2009, an 11 percent drop from the previous year and the sharpest decline in two decades. Only four charities in the top 10—Catholic Charities USA, the AmeriCares Foundation, World Vision, and Feed the Children—reported an increase in donations last year.
The Chronicle of Philanthropy
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