I questioned that same thing. The claim is made in the linked "Marketplace report". Perhaps they meant to say $500 million? If so, what's three orders of magnit

I questioned that same thing. The claim is made in the linked "Marketplace report". Perhaps they meant to say $500 million? If so, what's three orders of magnitude difference between friends? Just a rounding error? Why are business reporters so utterly innumerate? The most disappointing thing to me is that Time magazine goes back to 1923. Henry Luce would have never stood for such gross mis-reporting. But I guess there's no money any more to pay competent people.