Japan's currency, the yen, is falling like crazy against the U.S. dollar — just the way the central bank there planned. Japan's economy has been stagnant for nearly two decades, and a weak yen makes Japan more attractive to tourists and foreign investors.
Before he was a fashion mogul, Ottavio Missoni ran track in the 1948 Olympics. That's where he met his wife, whose family owned a textile mill in northern Italy. The Missoni brand grew to prominence in the late 60s with laid-back knit wear covered in rainbow, zigzag patterns.
Taking a page from the playbook of decades past, college students are once again pressuring schools to pull investment funding from specific sectors. This time it's big oil and coal companies. But these campaigns have effects beyond the university — they're launching a new generation of activists.
The Internet has managed to disrupt many industries, from publishing to music. So why not lending? Google's recent investment in Lending Club has raised the profile of peer-to-peer lending, which gets borrowers and lenders together outside the conventional banking system.
The deaths of hundreds of workers in Bangladesh are taking place in a garment sector that has seen explosive growth over the past three decades. Amid market pressures to cut prices, the country has managed to lure clothing-makers through a combination of low wages and light regulation.
When you give to WAMU, your tax-deductible membership gift helps make possible award-winning programs such as Morning Edition, All Things Considered, The Diane Rehm Show, The Kojo Nnamdi Show, and other favorites.