That’s how much Toshiba profits have been inflated over several years, according to an independent inquiry. On Tusday, CEO Hisao Tanaka and several other executives resigned in light of the findings. As Reuters reports, the scandal comes at a time when Prime Minister Shinzo Abe is trying to rebuild the country’s reputation in the global financial market.
That’s how long it has been since the Dodd-Frank Act became law. But even though it’s been around for a while, that doesn’t mean the Securities and Exchange Commission is done revising and adding new rules. It leaves some experts worried that too many rules will burden banks from lending.
That’s how much hotel construction has grown over the past year, according to data from STR. With this boom in competition, not to mention Airbnb, rates for hotel rooms have stayed low — a welcome development for Europeans visiting the U.S., as the dollar remains strong against the euro.
That’s how much “Star Wars” superfan Ken Landrum charged per file to re-create his 40-piece, 3-D printed Stormtrooper gun. By offering his design to the public, he is effectively offering merchandise eight months before the next “Star Wars” film hits theaters, and five months before the official wares from the movie are offered in Disney stores. The Wall Street Journal takes a look at what the era of home 3-D printing might mean for Hollywood merchandising.
That’s the value of the note which will get a bit of a face lift in the UK — for the past two months, the Bank of England accepted nominations from the public of British visual artists they thought should be featured on the new note. Among the nominees are Alexander McQueen, Beatrix Potter, and Marie Tussaud. Check out the full list of nominees here. From this list, 3-5 finalists will be chosen by an advisory committee, from which the Governor will pick the face of the new £20 note in spring 2016.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
