GOOD DAY FOR: Driving down demand, after the Federal Highway Administration said U.S. motorists logged 4.7 percent fewer miles in June, compared with a year earlier, the eighth monthly drop in miles driven. Americans drove 250.2 billion miles in June, a drop of 12.2 billion miles from June 2007. (Los Angeles Times)
BAD DAY FOR: United Artists, after Paula Wagner, the now-ex-business partner of Tom Cruise, stepped down as head of the studio she was hired to revive. MGM chief Harry Sloan recruited Wagner and Cruise in 2006 to return UA to its former glory, but Wagner reportedly was unable to turn out enough films; UA released just one film, a flop, during her tenure. The studio’s imminent comeback now seems unlikely. (Los Angeles Times)
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Foreigners in Spain facing a 100% tax on homes as the country battles a housing crisisUnder the Radar The goal is to provide 'more housing, better regulation and greater aid,' said Spain's prime minister
-
Sudoku hard: January 22, 2025The Week's daily hard sudoku puzzle
-
Codeword: January 22, 2025The Week's daily codeword puzzle
