Business Topics

Aug 6, 2014

Lawson to buy Tokyo-based cinema complex operator

Convenience store operator Lawson Inc. announced Wednesday it will acquire United Cinemas Co., a Tokyo-based cinema complex operator, in a deal estimated at more than ¥10 billion. Lawson will buy all shares in the holding company of United Cinema from the existing shareholders, including ...

Murdoch's Fox abandons Time Warner takeover bid

Aug 6, 2014

Murdoch's Fox abandons Time Warner takeover bid

Rupert Murdoch’s Twenty-First Century Fox decided to pull its $80 billion offer to buy Time Warner Inc. on Tuesday, abandoning plans to create one of the world’s largest media conglomerates. The surprise announcement appeared to cut short what many investors had viewed as an ...

Aug 6, 2014

Toyota leaving Hollywood roots to boost North American profits

A closer look at Toyota Motor Corp.’s record profit shows why the world’s largest automaker is leaving behind its Hollywood beginnings. While Toyota reported Tuesday it earned more money in last quarter than any automaker on the planet, profit from North America trailed behind ...

Aug 2, 2014

Toyota rises to No. 2 automaker in July U.S. sales, outranks Ford

Rising consumer confidence in the United States drove Toyota Motor Corp. and Nissan Motor Co. to double-digit sales gains in July, with Toyota overtaking Ford Motor Co. to become the second-largest automaker in the market, data released by Autodata Corp. show. The robust figures, ...

Microsoft sues Samsung in royalty dispute

Aug 2, 2014

Microsoft sues Samsung in royalty dispute

Microsoft said Friday it is suing Samsung for threatening to stop paying Microsoft royalties for patents behind the Android operating system. The two companies came to a deal in September 2011 to cross-license each other’s patent portfolios. Samsung wound up paying Microsoft royalties on ...