A grant at the museum
Here are the numbers we're reading and watching for Friday.
12 percent
That’s the overall drop in sales for Procter & Gamble, as reported Friday. The company did report a slight rise in profits from a year ago. Over the last couple of years, P&G has built its business on taking household items and building them into higher-priced, branded blockbusters. But in a post-recession climate, the company has had to rethink its strategy, as consumers moved towards generic products.
2 years
That’s the amount of time in which Tesla expects to begin production of its cars in China. In a statement from Shanghai on Friday, Chief Executive Elon Musk said that bringing production to China would cut the cost of the company’s cars there by a third. As the Wall Street Journal writes, a Model S sedan starts at $106,000.
13 weekends
That’s how little time Marc Rothwell’s crew has to replace eight bridges in Nashville, Tennessee. It’s part of a system being tested out across the country called A.B.C., or “accelerated bridge construction.” While it puts crews like Rothwell’s under high pressure, it has also allowed the state to cut a year off the estimated construction time for the project.
13 museums
That’s how many have been awarded Bank of America grants for art conservation. Totaling $1 million, the grants are meant to be put towards the restoration of specifically named works in the various museums’ collections. As the Associated Press writes, this year’s chosen institutions span across seven countries.