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Corporate Japan stacks up cash, skimps on pay raises

Feb 22, 2017

Corporate Japan stacks up cash, skimps on pay raises

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With profits soaring, Japanese companies’ record-breaking cash pile rises ever higher. That’s bad news for the economy, which is relying on exports to sustain a modest recovery as consumers struggle with stagnant wages. The country’s biggest economic problem is too much income flowing to ...

Feb 22, 2017

Abe, Trudeau discuss TPP, North Korea in phone call: source

Prime Minister Shinzo Abe and his Canadian counterpart Justin Trudeau discussed how to respond to the U.S. withdrawal from the Trans-Pacific Partnership free trade deal in a telephone call Wednesday, according to a government source. Abe and Trudeau have both recently held talks in ...

Feb 22, 2017

JR East to standardize Tohoku tourist info centers

East Japan Railway Co. said it will standardize the appearance of tourist information centers at stations in the Tohoku region so overseas visitors can recognize them more easily. JR East plans to launch the project from a tourist information center at Akita Station, where ...

Feb 22, 2017

Cosmo Energy, Kygnus Sekiyu to form business tie-up

Major oil wholesaler Cosmo Energy Holdings Co. will form a capital and business alliance with Kygnus Sekiyu K.K., Cosmo Energy has said. Cosmo Energy will acquire a 20 percent stake in Kygnus from San-Ai Oil Co. between April and June, according to the announcement ...

Obamacare premium surge lays bare America's economic divisions

Feb 22, 2017

Obamacare premium surge lays bare America's economic divisions

Michael Schwarz is a self-employed business owner who buys his own health insurance. The subsidized coverage Obamacare offers provides protection from life’s unpredictable changes and freedom to pursue his vocation, he says. Brett Dorsch is also self-employed and buys his own health insurance. But ...