the american firm and toshiba were jointly developing a type of flash memory known as an end police say the suspect copied research data at a plant in japan and passed it to the south korean firm asking hynix. the rest in him for breaking the law that for him it's unfair competition flash memory is one of toshiba its key products it's used in smart phones and portable music players japan's top government spokesman says the country needs to safeguard its technological expertise he says officials are trying to help businesses protect their intellectual property aye aye aye aye. japanese regulators have decided to fast track the safety screening process for a nuclear facility mess and i plant in southwestern japan could be the first in the country to pass the tests for a restart officials with the nuclear regulation authority state no speed of screening for the two reactors at the company. it's operated by kyushu electric power company. all of japan's forty eight commercial reactors are now offline they must pass the screening before they can resume operation. send thy is one of six plants

nobody said toshiba contests from concord. money didn't know anything yet. and the piping it. but i do mean alot. the man in a button movie. what i think the fidelity. the headache my mil's. the deputy. most commodity. we're here today monday am. no one will do to be. with just about anything all of the content of the pta and i still love me been kinda tough. the mdc all who donated the preaching was so cute she pulled the anti corruption movement is seen as a doc wants and is in the elections. it is worth noting in today doing what it takes teaching one had to feed it to be kind to them is stationed at the camp ended any police report last december. the summit co worker assigned to the op and the conviction of the preferred it if any will the cis five not out guided the cheapest some of the garden and a lot about you the goddess of dawn i will continue to do that the court however videos get down from fifty three between the eyes of the lawyers said they would appeal against a decision on him on the new filing past updated by the apology is not the best of three he was convic

the partnerships will allow toshiba to sell asian leds in europe.n has -- nsion pl google is bringing its android software to smart watches. the project android where will extend the android system to wearable gadgets, including watches. welcome back to cart -- welcome back to "countdown." the budget announcement today, let's look at the u.k. housing sector. at acarney gave his take school in london. >> we should not be trigger-happy, but we have the tools and we are well armed to address those risks. governor mark carney talking about the tools the bank of england has at its disposal to tackle the housing markets should it feels necessary. there have been concerns that we are starting to see in over cheating -- overheating housing market or it -- market. they have redeveloped county hall in westminster. they're currently developing over 3000 apartments here in london. that is galliard homes. let's talk to the managing director. is a concern we are seeing risks build up in the housing market. are you concerned? >> no. currently we are delivering les

toshiba invested in usec. it was part of a project to build a comprehensive system from the nuclear power business. that means from supplying the fuel to the construction of power plants. >>> executives at the u.s. social news and entertainment company buzz feed are expanding their business globally. they plan to launch an office in tokyo. the ceo announced the feed. it gathered images for sharing on facebook and twitter. it now boasts 130 million users per month worldwide. he has already launched sites in london and paris. the company's main source of revenue is add very torl consulting or advertising in the form of articles. officials say this supports their effort to offer high quality journalism along with popular entertainment videos. >>> here are the latest market figures. >>> israeli navy command does have intercepted a ship in the red sea carrying a carb of advanced rockets. military officials suspect the rockets came from iran and were headed for the gaza strip. officials say special forces seized the

toshiba and mitsubishi heavy industries will serve as senior officers in the past these accounts had it with separate tasks such as removing spent fuel and developing robots to probe hide the real deal and canary as the next month the bank is to be involved in the entire d conditioning process to provide their know how to help solve problems related to contain polluted water and cooling nuclear fuel. tech l and m n officials want to start removing melted feel from the damaged reactors in and out to fix the errors the new bodies and a strong pressure to ensure that de commissioning work precede it complete i am i. scientists and government officials from around the world having gathered in a city south of tokyo to talk about the state and the planets and tending to lead a session of the intergovernmental panel on climate change ipcc. it's the first time japan has played host to the pens were discussing how people can better prepare for extreme weather and other challenges change the world can have the time go points. about five hundred scientists and government representatives of more

slippery toshiba is his opponents sumo with the garter toss about the new cover. did you get a solid inside the mall and six. as a coating my cupboard you now here are the standings after ten days the real cause not send him uncle and harm of eugene levy others. both are undefeated. these are my own in sheila's with the nine while wrecked his chances of capturing his first and russ cup will increase the mall to eat eat and not often little more time on tuesday. during the final mike davis the channels of legal aid on keeping on title hopes alive each man with two losses finally my goal. some disappointing news about egyptian or snow on us the twenty two year old grappling injured his right leg and has withdrawn from the competition. it somewhat sad because he was undefeated before the injury. on the back for the complete some up on a spring tourney next week so see you there ay ay ay ay ay ay ay in. sth snowstorm in washington dc our meteorologist robert spent a small rubber. any assets exactly we are seeing out here very late season storm friday actually believe

the new body will have one executive from hitch atty ge nuclear energy, toshiba and mitsubishi heavyndustries and will serve as senior officers. in the past these firms have helped tepco with separate tasks such as removing spent fuel and developing robots to probe highly radioactive areas. from next month, though, the executives will be involved in the entire decommissioning process. they'll provide their know-how to help solve problems related to containing polluted water and cooling nuclear fuel. tepco and government officials want to start removing melted fuel from the damaged reactors in about six years. the new body is under strong public pressure to ensure the decommissioning work proceeds smoothly. >>> business managers around the world are digging in to smartphone data and online information to try to learn a bit more about their customers. and japanese entrepreneurs are helping them to make sense of it all. they're turning big data into pretty big business. >> reporter: smartphone applications are making it easier and easier for people to find their way around towns and cit

officials in charge of energy policy and researchers attended a seminar held at a research facility of toshiba. they are from countries such as united arab emirates and kuwait. they asked about the costs needed to put the solar power technology into practice, and maintain the devices. >> coming to japan and learning from the different research institutions, and the private companies, it gives us a big window of what can we do and how we can learn from other experts. >> translator: we see business opportunities overseas. we consider the middle east as a market with great potential. >> oil producing countries in the middle east are promoting green energy, aiming to switch from petroleum to renewable sources for producing electricity. >>> that's all for business news for this hour. i'll leave you with a check on the markets. >>> commanders at the pentagon have re-examined their strategies. they say they'll shift their focus on the army and move toward more air and naval power. pentagon leaders laid out their plans in what's called the quadrennial defense review. they stress the importance of the

japanese government the managers of factors and also large companies like general electric the kashi in toshiba covered today was decided to bring justice to the voters of the nuclear reactor. the reason for the new proceedings was the intention of the japanese authorities to resume nuclear power. it was announced on the eve of the universe or the disaster of two thousand leavened by the prime minister of japan. shinzo auburn korea's leader kim jong un has been unanimously elected to the supreme people's assembly of north korea reports routers according to the local media turnout was one hundred percent in the previous selections six hundred eighty seven deputies were chosen elections were held on the post electoral district nominated only one candidate koreans have the choice of voting yes or no. the supreme people's assembly has the highest legislative and represented organ of the dprk elections of the deputies are held every five years these elections were for the first time for kim jong un says he came to power in two thousand latin is also an internal general secretary of the workers' part

this would allow toshiba to sell asian made leds in europe.e is bringing its android software to smart watches. the company's project android wearablend to gadgets including watches. this will further the push into connected devices. welcome back. is six: 12 in london. the british chamber of commerce is calling on george osborne to use his budget speech to focus on youth unemployment, training, and enterprise. joining us is the director general. good morning. thank you for joining us today. >> good morning. >> what's top of your wish list? >> we came to the conclusion the chancellor was unlikely to make big tax cuts at this stage, probably waiting until autumn. constrained onas spending. we want to target a particular area we think is really employment -- important, which is youth unemployment. whichld do three things, we believe would create 180,000 jobs for three years. first, to encourage entrepreneurship by giving tax breaks to investors for company formed by under 25s. second, to bridge the gap for employers who employ under 25s who have

the bomb had been hidden in a toshiba cassette player. within a suitcase. most of the dead had been americans heading home for christmas. >> we remember them. nicholas, colleen ... >> each year on the date of the tragedy, three families gather in washington's arlington cemetery to remember their dead. >> we remember them. >> 2013 was the 25th anniversary of their loss. >> everybody who lost a close part of their family in the lockerbie atrocity will remain deeply affected by it for the rest of their lives. you want to know immediately, who did it, why did they do it, why weren't the loved ones protected. >> no amount of time can put an end to your loss, no amount of time can put an end to your pain. but you know that those who committed this evil act do not have the last word. i remain confident to this day that al megrahi was responsible for this terrorist attack. >> to this day the only man found guilty of the lockerbie bombing was a libyan official named abu credit al megrahi. a fragment of the bomb's timer, recovered from the crash site. this evidence l

the bomb has been hidden in a toshiba radio cassette player, packed into a brown samsonite bag with new clothes, made in malta. most of the dead had been americans heading whom for christma christmas. >> we remember them. >> each year on the date of the tragedy, families gather in arl iping tonne cemetery -- arlington cemetery to remember their dead. 2013 was the 25th anniversary of their loss. . >> everybody who lost a close member of their family will be affected by it. part of the way you are affected is you want to know about who did it, why they did it, why weren't their loved ones protected. >> no amount of time can put an end to your loss or pain. those that committed this evil act do not have the last word. i will tell you that i remain confident to this day that abdel baset al-megrahi was one of those responsible for the terrorist attack. >> to this day the only man found guilty of the lockerbie bomber was a libyan official named abdel baset al-megrahi. >> the case depended on the fragment of a timer found in a shirt collar and recovered from the site. it was alleged that abdel

. >> to have a joint venture with toshiba, 49.9% of it, they control 50% of the worlds market share.ig thing is the solid-state drives replacing regular drives because they are faster to access. the real growth is probably 40, 50% units but you also have price aggregation 25, 30%. the long-term growth rate for the topline is around 10%. it will come in this year eight or 9% on the topline but the earnings will still grow at 10% this year and it is because we have the market multiple over 16 times, this stock 10 times net of cash. liz: you and i were on the stock exchange talking about it, arrow electronics. we have had the chairman, this is a distributor of electronics, everything from intel products to maybe even sandisk. why do you like this company today? >> they are dominant. a do over 20 billion in revenue, a global footprint with strong asia-pacific, europe, middle east, north america. two-thirds of this is components, third of it is consumer-products. we figure there are seven or 8% topline growth. the stock is selling at 9.7 times earnings. what is unusual is usually a distri

what's interesting about the web sap acquisition is the value is greater than sony and toshiba. >> charlie: what happened to your dad's company? >> sold it to amoco, which today is british petroleum, which was my exit. i figured if i could learn fiber optics with a history degree, i could build software, so i built a software company and got that public, then started a venture capital fund in my garage, started at a couple million and grew to 60 million. at 60, i started a mobile software company, got that public and traded on nasdaq today. it's growing. other people are managing it. right now what i'm doing is building something in the crowd funding space because i want to change the way investments are made and democratize it and bring in millions of people who haven't had a chance. >> charlie: like kickstarter? kickstarter for real investors. kickstarter basically allows you to give money to projects. you like a cool singer or an indy moviemaker and you can send them money. but today on kickstarter you can't invest money in companies. so we allow the credited investors, you actually hav

everybody in japan roots for toshiba. everybody in china roots for china south rail.t you to say, "win, g.e." >> do you not see any reason that maybe the public doesn't hold american corporations up here in the highest... >> i think this notion that it's the population of the u.s. against the big companies is just wrong. it's just wrong-minded, and when i walk through a factory with you or anybody, you know, our employees basically like us. >> they do. i saw it. >> they root for us. they want us to win. i don't know why you don't. >> since our report first aired, jeff immelt has remained a lightning rod for some critics. but immelt's brand of realistic optimism continues unabated. coming up, tough times in the american heartland. >> i wonder when you look forward now, what you think about rehiring people. >> when we hire somebody, we're definitely gonna need them. we're not gonna hire one person until we need two or three, and we're probably not gonna hire two until we need four or five. >> the economic struggles of newton, iowa, when 60 minutes on cnbc returns. vo: o

black friday toshiba including beach lost a fortune that he was two for invested in his subway to stop. three months after black friday he was ready to start telling. in late december 1869, beach, his son frederick, in a small group of men arrived at devlin's after the store closed for the night. they brought picks and shovels, covered wagons, and other tools. following instructions to down south under broadly, curve slightly to build a murray street, the laborers worked quietly to avoid arousing suspicion on the streets but. night after night six men would stay inside six men would stay inside this you want another half dozen perform the task to polish the total. cemetery of the dirt and covered wagons but others laid the bricks to london to. others laid the track to carry a single core. the walls were painted white, iron rods were installed throughout the tunnel's roof up to the tape and and gas lines and oxygen masks were on the it was inefficient operation bite back scare. claustrophobic for some who walked off the job. the rumbling from the street railways overhead created a terri

part of the structure that we have, and you're right, that is taken out of the load of other this toshiba to the students. in terms of what that would mean for me cost structure perspective, i don't believe that it will have, we could still operate in we could still conduct alone program without that. in terms of other considerations, statutory and otherwise, i can't speak to that, but you're right, it is that he and the results, and a very small fee. but when aggregated together it's a meaningful amount. >> i appreciated hearing in your testimony that the department of education has worked with alone servicers to streamline the process for those needing to discharge their loans due to total and permanent disability. i understand that discharging loans due to total and permanent disability still remains cumbersome for many. i've been working for some time on a student borrowers bill of rights bill, and it includes the right to discharge the loan due to total and permanent disability, as well as avoid current tax penalty that those who are able to discharge. i want to know if there are fur

toshiba plans to sign a partnership. it will manufacture lighting fixtures in europe. of thebecoming biggest suppliers of leds. -- is poised to score a gain on investment on can be crushed. crush.y they could be worth more than $3.5 billion. that theile says iphone subsidies and regulations are ahead of earnings reports tomorrow. hans nichols breaks down the challenges for the biggest carrier. is that all that is happening? >> no. francine, this is the flip side to the success story of companies like alibaba. for consumers out there in china that need to run this, they need a better network. china mobile has 772 million subscribers and they have a massive network. you have factors that they mention that could cost cut into profits by $1.85 billion. take a look at the income and messaging services. they are buying iphones at subsidized rates and there will be a new government tax. ais is all the backdrop to $34 million -- 34 million yuan capital network. this is not just a network. they have big expenses ahead of them. >> they certainly do. how is the introduction going

berners lee who started he was one of the what people call the father of the internet think of the toshiba nothing moto in the end i think it was well worth. and you know it's bigger than the one individual tim berners lee people still look at him as the father of the internet but it grew and multiplied and as i've said before we've talked about this you know the internet went through a bubble for where incredibly bad things happened a lot of companies were destroyed the entire industry itself the technology industry went through a dearth of capital you know capital came away from from the technology industry and in this happened for you know good for five years but it came back the internet only got bigger and in a new sort of when people were talking about web two point zero right we saw all those companies like facebook. you know and so forth and so on i think a time sucks that now are. well may not be so shiny it was profitable for them to act world now do you think that the emergence of this founder has going to have any you know substantial impact on big coin. currencies in general w

professor of economics or technology here and there and so forth when the founder of the big point was so toshiba. that was really needed it to be the new it was his name and the most. interesting thing about this story is that you know he actually was hiding in plain sight for all of this so the question is you know what why did he do it from all for all intents and purposes for what we know about his profile he did distrust of government and government intervention etc you know all of the things that people. very much involved in the because world. he he himself had and that's why he created the currency as he did it was a little bit about his academic background he has to be a strong programmer i assume right and he's doing it on a technical hurdles he actually worked in top secret information defense contractor and just in general he is you know his brothers you know one of the smartest guys in the room so obviously he is the sort of person who could create it because here it's seems like and now we talk a lot about that quite on the show as everyone knows he enjoys the show but does this pro

. >> behind-the-back one hand at the toshiba classic. it went in. >> no, it didn't go in.ag. >> i was going to make bogey if it didn't hit the flag. >> you still got game. you still compete against the young guys several times a year. >> i play against the kids. i'm not there this week at the bay hill invitational, but i'll play against them at the open championship, british open, pga and the greenbrier classic. >> overall, what do you see as you travel the world for the game of golf, participationwise, sponsorwise, how healthy is it right now? >> well, the game -- the professional game is really good. i see dark clouds on the horizon because of this right here, right in my pocket. that thing right there. >> why is that? >> time waster. what it does, it takes people's time away from doing other things outside of this right here. you know, we are seeing a decline in golf. we're seeing a decline in a lot of other outdoor activities because of this and, you know, we have to get over this, you know, you know, we've ramped up to a position right now where it's starting to affec

and that many people look at this because it's like a fraction of a print penny it's like once a toshiba sort of thing that they're stealing from every single individual but over the course of a day or a year and by the way this is a one quadrillion dollars market this is probably the biggest market out there five point three trillion dollars a day that's one quadrillion a year so any corporation with global operations has to head to currencies using futures and swaps said john coffee a securities law professor at columbia university in new york quote if the f.x. market is manipulated it can create a loss that is passed on to the consumer and shareholders yes well this is another . consequence of near zero percent interest rates because the cost of borrowing money to speculate in markets like the after the market is zero close to zero and because you have a quadrillion dollar business quite joined our market the global four x. market and of course derivatives market are a. factor of greater than that so that's why the derivatives market is actually bigger market than that it's subject to