GOOD DAY FOR: Rush Limbaugh, after Clear Chanel agreed to pay the radio host about $400 million through 2016. That is second only to Howard Stern’s reported $500 million, five-year deal with Sirius Satellite Radio. Limbaugh’s current eight-year contract, worth $285 million, expires next year. The deal comes as traditional radio faces a rough challenge from satellite radio and iPods. (The New York Times)
BAD DAY FOR: A sweet tooth, after sugar futures hit a four-month high amid speculation that rising oil prices will push demand for sugar-based ethanol. Brazil, the world’s No. 2 ethanol producer, uses sugarcane to make the fuel. With consumption rising, it has put 62 percent of its new cane crop toward ethanol production, leaving only 38 percent for sugar. (MarketWatch)
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.
Create an account with the same email registered to your subscription to unlock access.
-
Why is Labour looking to Italy on migration?Today's Big Question Keir Starmer wants to learn lessons from Giorgia Meloni, but not everyone is impressed with the Albania agreement
-
A foodie guide to SeattleThe Week Recommends From bustling markets to burger joints, these are the best spots in the city
-
'Hope in America'Today's Newspapers A roundup of the headlines from the US front pages
