Most Active Stories
- Velo Coffee Turns to Kickstarter to Fund New Roaster
- States That Raised Minimum Wage See Faster Job Growth, Report Says
- Supernatural Suspense for Young Shapeshifters in 'Island of Fog' Series
- Signal Mountain Playhouse Presents 'The King and I' Throughout July
- VW Chattanooga Not Only Gets New SUV; Also Gets New Research Center
Originally published on Fri May 11, 2012 7:17 am
STEVE INSKEEP, HOST:
NPR's business news starts with Sony hitting a three-decade low.
(SOUNDBITE OF MUSIC)
INSKEEP: Sony shares fell to their lowest level since 1980 on Japan's Nikkei stock exchange today. That drop follows yesterday's report that the company suffered a net loss of $5.7 billion for the last fiscal year. The once dominant tech company has fallen behind other industry giants like Samsung and Apple, and has seen especially heavy losses in its TV division. Transcript provided by NPR, Copyright NPR.