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Mar 2, 2015

Cyfuse said to raise ¥1.4 billion for human tissue printing

Cyfuse Biomedical K.K., the Japanese developer of a 3-D printer that produces human tissue, has raised ¥1.4 billion ($11.8 million) from investors including robotic-limb maker Cyberdyne Inc., people familiar with the matter said. Cyfuse agreed to sell a stake to 12 domestic investors including ...

Mar 2, 2015

Annual report offers new clues about Buffett's successor

Billionaire Warren Buffett is proud of what he’s built as Berkshire Hathaway’s CEO over the past 50 years, but he’s also willing to admit making a few costly mistakes along the way. Buffett used his annual shareholder letter released Saturday to make the case ...

Mar 1, 2015

Japan Post to close nine Kampo no Yado hotels

Japan Post Holdings Co. will close nine Kampo no Yado hotels at the end of August and put them up for auction. The locations of the inns include Matsuyama, Ehime Prefecture, the town of Shirahama, Wakayama Prefecture and Nishio, Aichi Prefecture, it said Saturday. ...

Mar 1, 2015

Bank groups might get OK to start new businesses via subsidiaries

The Financial Services Agency is considering deregulation that could make it easier for banking groups to start new financial services through subsidiaries, sources said. By relaxing the rules governing financial holding companies, the FSA aims to encourage them to enter new finance-related businesses by ...

Stolen SIM card could be powerful spy tool

Feb 28, 2015

Stolen SIM card could be powerful spy tool

by Rob Lever

It would be another powerful tool in the arsenal of U.S. and British spy services: encryption keys for a large share of the SIM cards used for mobile phones. A report by the investigative news website The Intercept, citing leaked documents from former National ...

Republicans in Congress challenge Fed's independence

| Feb 28, 2015

Republicans in Congress challenge Fed's independence

After unemployment and deflation, Federal Reserve Chair Janet Yellen finds herself in her toughest battle yet, fighting a push by Congress to assert itself over monetary policy. Newly in control of both houses on Capitol Hill, Republicans accuse the Fed of misguided policies and ...

Feb 28, 2015

U.S. business leader envisions TPP deal before June

A senior official of the U.S. Chamber of Commerce said Friday she expects the 12 countries negotiating a Pacific free trade initiative to strike a deal “before June.” Tami Overby, the chamber’s senior vice president for Asia, told an event that if Congress enacts ...

Google's Blogger reverses porn policy after user backlash

Feb 28, 2015

Google's Blogger reverses porn policy after user backlash

Apparently Google bloggers like to post porn. A lot. Just three days after saying sexually explicit material would be banned from public Blogger forum sites, Google is backing down. Faced with “a ton of feedback,” Google said Friday that it instead will “step up ...

Feb 27, 2015

Narita airport reduces landing fees to attract new flights

The operator of Narita airport said Thursday it will cut landing fees for new international and domestic flights for two years starting in April, in a bid to better compete with airports in other parts of Asia. The promotional incentives will apply to new ...

JR Kyushu to be fully privatized in fiscal 2016

Feb 27, 2015

JR Kyushu to be fully privatized in fiscal 2016

The government decided Friday to put Kyushu Railway Co. under full private ownership in fiscal 2016. The government decided to pursue full privatization because JR Kyushu has achieved good business results in the fields of real estate and hotels, the officials said. JR Kyushu ...

Feb 27, 2015

Seven power suppliers to cut rates for April

Seven of the nation’s 10 major power suppliers will lower their electricity rates for April from the levels planned for March, thanks to the plunge in crude oil prices since last November, according to their latest rate plans. The seven are: Tohoku Electric Power ...