Business Topics

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 ...

Sony tells theaters they can pull 'The Interview' after threats

Dec 17, 2014

Sony tells theaters they can pull 'The Interview' after threats

Sony Pictures executives told theaters they are free to pull “The Interview” from their multiplexes following threats of violence by a hacker group, according to people with knowledge of the situation. The studio will support whatever decision exhibitors make regarding the Seth Rogen comedy, ...

Sharp to supply 'free-form' LCDs to Nintendo

Dec 16, 2014

Sharp to supply 'free-form' LCDs to Nintendo

Sharp Corp. is close to providing video game maker Nintendo Co. with its advanced liquid crystal displays that can be shaped freely according to user demand, sources said Tuesday. Unlike conventional LCDs, the Free-Form Display, which Sharp unveiled this year, has a bezel that ...

Dec 15, 2014

Uber in damage control mode after Sydney siege price hike

Popular web-based taxi firm Uber went into damage control mode Monday, offering free rides to passengers fleeing an armed siege in Sydney after earlier hiking prices upwards of AUS$100 ($82). The company said it would also refund fares after initially launching “surge pricing,” which ...

Dec 14, 2014

IPO tally to hit 77 for year, TSE data show

Reflecting the stock market’s climbing fortunes, initial public offerings in Japan will rise for a fifth consecutive year to 77 in 2014, up from 54 last year, according to data compiled by the Tokyo Stock Exchange. That’s the most since 121 companies went public ...