Workers at 5,162 companies affiliated with Rengo secured an average wage increase of 5.25% in this year’s negotiations, according to the final update of pay deals announced Thursday.
BUSINESS / Companies
Jul 4, 2025
Japan’s 2025 wage talks conclude with highest gain in 34 years
Workers at 5,162 companies affiliated with Rengo secured an average wage increase of 5.25% in this year’s negotiations.
Toyota only lifted prices on some models by a few hundred dollars in the U.S. market in the wake of U.S. President Donald Trump’s tariffs.
BUSINESS / Companies
Jul 3, 2025
Japan’s carmakers absorbing tariffs may bolster Trump's position
Just three of Japan’s six major automakers have raised prices in the U.S., and only Subaru’s hike has come close to the 25% tariff imposed on imported vehicles.
Prime Minister Shigeru Ishiba and Chief Cabinet Secretary Yoshimasa Hayashi (right) meet with Nippon Steel Chairman and CEO Eiji Hashimoto (center), President and Chief Operating Officer Tadashi Imai (second from left), and Vice Chairman and Executive Vice Present Takahiro Mori (left) at the Prime Minister's Office in Tokyo on Wednesday.
BUSINESS / Companies
Jul 2, 2025
Nippon Steel aiming to prove value of Japan-U.S. cooperation, chairman says
PM Ishiba explained that Tokyo is continuing to urge the administration of U.S. President Donald Trump to review its high tariffs.
Qantas Airlines Boeing 737 planes sit at the Sydney airport domestic terminal on Tuesday. Qantas said on Wednesday that 6 million customer accounts were accessed in a cyber hack.
BUSINESS / Companies
Jul 2, 2025
Australia's Qantas says 6 million customer accounts accessed in cyber hack
The breach, Australia's biggest in years, is a setback for an airline looking to rebuild trust after a reputational crisis.
A 2024 Toyota Grand Highlander at the Chicago Auto Show in 2023. Last month, Toyota sold 11,577 Grand Highlander SUVs, which its head of brand sales in the U.S. said was the "fastest-turning product in the lineup.”
BUSINESS / Companies
Jul 2, 2025
Toyota delays EV plans to boost gas-fueled SUV output
The postponement comes amid softening demand for EVs in the U.S.
The Federal Trade Commission has opened an in-depth investigation of SoftBank Group's acquisition of semiconductor designer Ampere Computing.
BUSINESS / Companies
Jul 2, 2025
SoftBank’s Ampere deal now faces a more in-depth review by FTC
SoftBank’s acquisition of semiconductor designer Ampere Computing is facing a potentially lengthy probe by the U.S. government.
A delivery driver takes a break in the shade during high temperatures in Philadelphia, Pennsylvania, on June 21, 2024.
BUSINESS / Companies
Jul 2, 2025
How much does a heat wave cost? Insurers and CEOs want to know.
Some believe a new market for heat insurance — driven in part by artificial intelligence and the need to cool data centers — is around the corner.

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