GOOD DAY FOR: Power and money, as the average paycheck at the local power company has risen 4.8 percent annually over the past three years, while real pay is falling for most other U.S. workers. Wages in power generation and supply now average $1,300 a week, about twice the national average, according to the Bureau of Labor Statistics. (The Wall Street Journal)
BAD DAY FOR: Newsroom morale, after McClatchy, the No. 3 U.S. newspaper company, announced 1,400 job cuts, or about 10 percent of its work force. The publisher, whose papers include The Miami Herald and the Fort Worth Star-Telegram, also reported a 14.5 slump in ad revenues for the first five months of the year. (AP in Yahoo! Finance)
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.
-
A dreamy long weekend on the Amalfi CoastThe Week Recommends History, pasta, scenic views – this sun-drenched stretch of Italy’s southern coast has it all
-
Can foster care overhaul stop ‘exodus’ of carers?Today’s Big Question Government announces plans to modernise ‘broken’ system and recruit more carers, but fostering remains unevenly paid and highly stressful
-
6 exquisite homes with vast acreageFeature Featuring an off-the-grid contemporary home in New Mexico and lakefront farmhouse in Massachusetts
