Business Topics

Sony's 'Interview' fetches $15 million online in four days

Dec 29, 2014

Sony's 'Interview' fetches $15 million online in four days

“The Interview” earned more than $15 million in online sales in its first four days of distribution as Sony bypassed a wide theater release amid concerns from major cinema chains about threats of violence. The movie, a farce about a plot to kill the ...

PlayStation Network back online after hack

Dec 28, 2014

PlayStation Network back online after hack

Sony’s PlayStation reported that its network is back online and claimed that it had been attacked, three days after it and Microsoft’s Xbox went down in an outage. An allegedly coordinated Christmas Day hack brought down the gaming consoles, both hot gifts for the ...

Dec 28, 2014

Suzuki set to reclaim minicar title from Daihatsu

Suzuki Motor Corp. was likely Japan’s top seller of minicars this year, topping the list for the first time in eight years thanks to brisk demand for the Suzuki Hustler, industry sources said. Suzuki and rival Daihatsu Motor Co. compete fiercely in the market ...

Dec 27, 2014

Japan Post confirms long-awaited IPO on Tokyo Stock Exchange

Japan Post has confirmed a long-awaited plan to list its shares on the Tokyo Stock Exchange, with the government-owned firm set for what could be one of the world’s biggest initial public offerings. The parent company, Japan Post Holdings Co., along with its insurance ...

Dec 27, 2014

Will 'The Interview' change how Hollywood does business?

“The Interview” was never supposed to be a paradigm-shifting film. But unusual doesn’t even begin to describe the series of events that transpired over the past few weeks, culminating in the truly unprecedented move by a major studio to release a film in theaters ...

Dec 26, 2014

McDonald's Japan announces French fry fix

McDonald’s Co. (Japan) said Friday that large servings of French fries will resume on Jan. 5 thanks to a recovery in its inventory. The company started limiting orders to small servings nationwide on Dec. 17 after a port workers’ strike on the U.S. West ...

Dec 26, 2014

Honda delays Legend sedan to guard against another quality lapse

Honda Motor Co., the automaker struggling with mounting recalls, said it’s further delaying the start of sales for the redesigned Legend sedan to conduct additional checks on its radar safety system and hybrid powertrain. Deliveries of Honda’s most expensive sedan will begin Feb. 20 ...

Hirai giving more input at Sony Pictures in wake of hack

Dec 26, 2014

Hirai giving more input at Sony Pictures in wake of hack

Sony Corp.’s Tokyo headquarters is changing its usual arm’s-length relationship with its U.S. studio following a massive cyberattack and the controversy over the comedy “The Interview,” with the group CEO being consulted on key decisions, company officials said. Before the devastating hack, Sony Pictures ...