Business Topics

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Why Sony hack isn't front page news in Japan

by Tomoko A. Hosaka

The Yomiuri Shimbun, Japan’s biggest newspaper, featured a story about Sony Corp. on its website Friday. It wasn’t about hacking. It was about its struggling tablet business. Over at wire service Kyodo News, just after the FBI formally blamed North Korea for the cyberattack, pop group AKB48 topped headlines online ...

Dec 21, 2014

U.S. asks China to help on North Korean cyberattacks

The United States has asked China to help block cyberattacks from North Korea as it weighs a response to the crippling hack of Sony Pictures, a U.S. official said Saturday. “We have discussed this issue with the Chinese to share information, express our concerns ...

Chrysler gives in, goes nationwide on air bag recall

Dec 20, 2014

Chrysler gives in, goes nationwide on air bag recall

After resisting for nearly a month, Chrysler has bowed to U.S. government demands and will expand a recall of driver’s side air bag inflators across the nation. The automaker said Friday that it will recall nearly 2.9 million older cars and trucks in the ...

Top speed of Nozomi bullet trains to hit 285 kph

Dec 20, 2014

Top speed of Nozomi bullet trains to hit 285 kph

Central Japan Railway Co. (JR Tokai) said Friday it will raise the maximum speed of the Nozomi bullet train service to 285 kph between Tokyo and Shin-Osaka stations next year thanks to advances in braking technology. JR Tokai, which operates the Tokaido Shinkansen Line, ...

Author Coelho offers to buy Sony's North Korea flick

Dec 19, 2014

Author Coelho offers to buy Sony's North Korea flick

Brazilian author Paulo Coelho offered Thursday to pay Sony $100,000 for rights to “The Interview,” protesting the company’s decision to scrap the North Korean parody film amid chilling threats from hackers. Sony Pictures canceled the Dec. 25 release of the film after major theater ...

Dec 19, 2014

Takata air bag crisis may spur maintenance changes in Japan

Takata Corp.’s air bag crisis could spur changes in how car owners maintain their vehicles, with Japan’s automakers discussing whether drivers should regularly replace the chemicals used to inflate the safety devices. Drivers may need to start having chemicals in their air bags swapped ...

Dec 17, 2014

Tepco's net income set to rise 19%

Tokyo Electric Power Co. said net income will rise 19 percent this fiscal year and that it will put off an increase in electricity rates in favor of more cost cuts. The country’s biggest electricity utility is projecting net income of ¥521 billion ($4.4 ...