GOOD DAY FOR: Green lights, as General Electric is axing 1,400 lighting-division jobs and closing several plants that make incandescent light bulbs. As consumers switch to more energy-efficient fluorescent bulbs, sales of the traditional bulbs invented by GE founderThomas Edison are declining by at least 10 percent a year. (Bloomberg in Los Angeles Times, free registration required)
BAD DAY FOR: Aging rock stars, as artists like Bruce Springsteen, the Police, and Van Halen are being outsold by 14-year old Miley Cyrus, the star of a hit Disney Channel show and the daughter of country star Billy Ray Cyrus. The average ticket price for her 54-date tour is $230, and one ticket sold for $2,565. (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.
-
Selfies ban in art galleries: a sign of the times?Talking Point Priceless art has been damaged by visitors desperate to take a snap with star attractions, leading some galleries and museums to start fighting back
-
Quiz of The Week: 21 – 27 JuneHave you been paying attention to The Week's news?
-
The Week Unwrapped: How do you turn plastics into paracetamol?Podcast Plus, what is the Wagner Group doing now? And why is it so hard to find a job after university?
