Business Topics

Japanese automakers debut sports cars, pickups at Detroit show

Jan 13, 2015

Japanese automakers debut sports cars, pickups at Detroit show

The North American International Auto Show opened in Detroit with Japanese automakers debuting sports cars and pickup trucks, taking advantage of U.S. market trends toward less fuel-efficient vehicles as fuel prices drop. With an enthusiastic auto industry reporting annual sales in 2014 of more ...

Jan 9, 2015

U.S. to probe Sony, dozen others over wireless headsets

The U.S. International Trade Commission said on Thursday it will investigate 13 companies including Sony Corp. and its affiliates over possible patent infringement involving wireless audio devices. The others include Sennheiser electronic GmbH & Co. KG of Germany and companies in Australia, Denmark, Ireland ...

Jan 9, 2015

Fast Retailing's profit beats estimates as Uniqlo sales surge

Fast Retailing Co. reported a 64 percent spike in quarterly profit after selling more Uniqlo casual wear than expected in Japan and overseas, while the weakening yen further boosted returns. Net income rose to ¥68.8 billion in its fiscal first quarter ended in November, ...

Jan 9, 2015

Sony to delay sale of PlayStation 4 in China

Sony Corp. will delay sales of the PlayStation 4 in China, originally scheduled for this Sunday, due to “various factors,” the company said. Sony’s computer entertainment division said Thursday a new sale date had not yet been determined, but a company source in China ...

Jan 8, 2015

FBI director confident North Korea was behind cyberattack

The FBI director revealed new details Wednesday about the stunning cyberattack against Sony Pictures Entertainment Inc., part of the Obama administration’s effort to challenge persistent skepticism about whether North Korea’s government was responsible for the brazen hacking. Speaking at the International Conference on Cyber ...

Jan 7, 2015

Nissan targets growth in Brazil despite sales slump

Nissan Motor Co. plans to maintain investment and increase its share in the Brazilian auto market despite a 7.15 percent drop in car sales there last year, the firm’s chief executive said. “We are disappointed in where the Brazilian market stands but we shall ...

McDonald's runs out of French fries in Venezuela

Jan 7, 2015

McDonald's runs out of French fries in Venezuela

How about a side of yuca with that Big Mac? Venezuela’s more than 100 McDonald’s franchises have run out of potatoes and are serving alternatives like deep-fried “arepa” flatbreads or yuca, a starchy staple of traditional South American cooking. McDonald’s is blaming a contract ...

Sony chief Hirai breaks silence, condemns 'vicious' hacking

Jan 6, 2015

Sony chief Hirai breaks silence, condemns 'vicious' hacking

Sony chief Kazuo Hirai on Monday spoke publicly for the first time about the cyberattack that derailed the launch of the comedy “The Interview,” calling the assault “vicious and malicious.” Hirai thanked supporters who stood by the company, including employees and moviegoers who saw ...