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Japan Times
BUSINESS / Companies
Aug 30, 2022

A startup offers Japan's aging CEOs a worry-free succession plan

Every year, tens of thousands of businesses that help support Japan's deep industrial base close shop, unable to cope when company heads retire or fall ill.
Japan Times
BUSINESS
Jul 13, 2022

Amazon issued 13,000 disciplinary notices at single U.S. warehouse

Court records and interviews of current and former employees show the enormous pressure faced by Amazon line workers.
Japan Times
ASIA PACIFIC
Jun 21, 2022

Red flags for forced labor found in China’s car battery supply chain

The previously unreported connection between critical minerals and forced labor in Xinjiang could prove trouble for industries like the global auto sector, which relies heavily on China.
Kokusai Electric CEO Fumiyuki Kanai foresees sustained investment in China and plans to increase staff there.
BUSINESS / Companies
Dec 18, 2023

Japan’s Kokusai aims to build on 66% rally as China demand booms

The producer of chip fabrication equipment will enlarge its Chinese footprint to tap the growing market, according to CEO Fumiyuki Kanai.
Koo Yeon-kyung, the eldest daughter of LG's former chairperson Koo Bon-moo, at her home in Seoul on Oct. 3. The death of Koo Bon-moo in 2018 without a will sparked a power struggle within the Koo family and LG over the inheritance of his estimated $1.5 billion fortune — including his 11% stake in the company.
BUSINESS / Companies
Dec 19, 2023

Family split at LG tests corporate succession in South Korea

Wife and daughters of late chairman accuse adopted son and other executives of deception to steal their inheritance to bolster his claim to the company.
Takahito Tokita, chief executive officer at Fujitsu, speaks during an interview at the company's headquarters in Tokyo on Wednesday.
BUSINESS / Companies
Dec 22, 2023

Fujitsu speeds aircon deal as it aims for ¥700 billion boost from AI

The urgency to close the deal rises amid growing geopolitical and economic uncertainty.
BYD exhibits its cars ahead of the Munich Motor Show in September.
BUSINESS / Companies
Dec 27, 2023

China's BYD set to overtake Tesla as world’s most popular EV maker

Its ascent will be both a symbolic turning point for the market and further confirmation of the growing Chinese clout in the global automotive sector.
A woman points at a Glock handgun during the annual National Rifle Association convention in Dallas in 2018.
WORLD / Society
Dec 28, 2023

Gaston Glock, inventor of cult guns, dies at 94

His gun, wielded by police and outlaws alike, certainly made its mark worldwide, matched by few other weapons.
Kotaro Seki, CEO of Ellange, in front of the truck that he uses to collect nets from fisheries
JAPAN / Society / OUR PLANET
Jan 7, 2024

Trash into treasure: Can fishing net waste be the future of fashion?

A pair of Japanese startups are looking to solve a problem for the nation's fisheries: What to do with old fishing nets.
Tanaka takes part in a signing ceremony for the Japan-Uruguay Investment Agreement with Uruguay's Acting Minister of Foreign Affairs Luis Porto in 2015.
BUSINESS / WOMEN AT WORK
Jan 23, 2024

Why positivity is an asset in a career of PR and diplomacy

Keiko Tanaka went from an office at Nissan to the ambassador's residence in Uruguay.
A bottle of Bayer AG Roundup brand weedkiller concentrate
BUSINESS / Companies
Jan 31, 2024

Bayer faces billions in Roundup claims as legal strategy falls short

In the firm's biggest courtroom loss so far, a jury awarded $2.25 billion to a former user who blamed his cancer diagnosis on exposure to the herbicide.
Elon Musk has gone as far as to say that with technological advances, “there will come a point where no job is needed.” Musk revealed his own artificial intelligence chatbot, dubbed Grok, last year.
BUSINESS / Tech
Feb 9, 2024

Firms pausing hiring and axing staff quietly as AI craze persists

While some industry leaders have been outspoken about AI’s potential to transform work, there is caution over citing the new tech as a reason for cuts.
The tail of a BYD electric vehicle sports the company’s motto, “build your dreams,” at a dealership in Shenzhen, China, on Jan. 29.
BUSINESS / Companies
Feb 12, 2024

How China built BYD, its Tesla killer

BYD’s sales, over 80% of them in China, passed Tesla in worldwide sales of fully electric cars late last year.
Hisashi Oka, president and CEO
ESG CONSORTIUM
Feb 14, 2024

OAT Agrio grows better farms with green tech, agrochemicals

OAT Agrio Co. Ltd. produces environmentally friendly fertilizers and other agricultural chemicals for the sake of both better food security and nature. In a recent interview with The Japan Times, the company’s president, Hisashi Oka, talked about its hands-on efforts to learn more and continue improving...
The SpaceX Starbase in Brownsville, Texas, in August 2023
BUSINESS / Companies
Feb 14, 2024

SpaceX fined $3,600 over 'near amputation' as safety incidents mount

An investigation late last year found that Musk’s rocket company disregarded worker-safety regulations and standard practices at its facilities nationwide.
Apple started working on a car around 2014, setting its sights on a fully autonomous electric vehicle with a limousine-like interior and voice-guided navigation.
BUSINESS / Tech
Feb 28, 2024

Apple to wind down electric car effort after decadelong odyssey

Many employees on the team will be reassigned to focus on generative artificial intelligence projects, an increasingly key priority for the company.
Since September 2022, Patagonia has allocated profits amounting to $71 million to environmental initiatives that include stopping a proposed mine in Alaska and conserving land in South America, as well as helping to elect pro-environment U.S. Democrats.
COMMENTARY / World
Mar 6, 2024

The competitive edge of doing good in business

Are companies that give all profits to charity also doing good for their business? Some examples show they are, and that this model is worth pursuing.
OpenAI CEO Sam Altman attends a session of the World Economic Forum in Davos, Switzerland, on Jan. 18.
BUSINESS / Tech
Mar 9, 2024

OpenAI’s Sam Altman returns to board after probe clears him

Altman was cleared of any wrongdoing that would have mandated being fired, according to a report based on a monthslong investigation.
JAPAN
Mar 10, 2024

Tepco profit goal remains elusive, 13 years after triple meltdown

The total costs related to the nuclear crisis are estimated at ¥23.4 trillion, including ¥8 trillion for decommissioning the Fukushima No. 1 plant.
Boeing CEO Dave Calhoun
BUSINESS / Companies
Mar 26, 2024

Will Boeing leadership shake-up redeem plane-maker with airlines and fliers?

The embattled manufacturer has announced one of the most dramatic overhauls in its century-long history, with three top executives set to depart.
The OpenAI offices in San Francisco. The high-profile tech startup is allowing a small group of businesses to test a new system, Voice Engine, that is said to be able to recreate a person’s voice from a 15-second recording, OpenAI announced Friday.
BUSINESS / Tech
Mar 30, 2024

OpenAI previews new audio tool that can read text and mimic voices

All the software needs is 15 seconds of recorded audio of a person speaking to re-create their voice.
James Manyika, who heads Google’s technology and society team, delivers the keynote address at Google I/O in Mountain View, California, in 2023. OpenAI, Google and Meta ignored corporate policies, altered their own rules and discussed skirting copyright law as they sought online information to train their newest artificial intelligence systems.
BUSINESS / Tech
Apr 8, 2024

How tech giants cut corners to harvest data for AI

The companies’ actions illustrate how online information has increasingly become the lifeblood of the booming AI industry.
Arthur Mensch, the chief executive and one of the founders of Mistral, a French artificial-intelligence startup, at the company’s offices in Paris in late March.
BUSINESS / Tech
Apr 14, 2024

Europe’s AI ‘champion’ sets sights on tech giants in U.S.

As Europe vies for AI leadership, Mistral, under Arthur Mensch, is emerging as a formidable contender against U.S. and Chinese giants.
Max Lange, 19, a plant mechatronics engineering trainee from Oederan, stands next to a solar panel rolling off the assembly line as part of the last production of solar modules at the Meyer Burger Technology AG plant, due to an announced closure of the plant, in Freiberg, Germany, on March 12.
BUSINESS / Economy
Apr 16, 2024

Lacking support in battle with China, European solar firms head to U.S.

This week the European Commission has launched a voluntary charter for governments and companies to sign in support of solar manufacturing plants.
Dai-ichi Life Holdings has begun to include more alternative investments in its ¥33.9 trillion portfolio, and is also looking at increasing mergers and acquisitions.
BUSINESS
Apr 18, 2024

Shifting market spurs Dai-ichi to adjust ¥33.9 trillion portfolio

The firm is cutting its holdings of domestic equities, which are surging, to avoid too much exposure to the asset class.
Laxman Narasimhan has been CEO of Starbucks for just over a year.
BUSINESS / Companies
May 2, 2024

Sales slump and shares dive at Starbucks as inflation cuts thirst for treats

The global chain expressed confidence in its forecast as recently as November, saying that demand for iced shaken espressos was resilient.
Attendees at the Leap technology conference in Riyadh, Saudi Arabia, on March 6, 202. The oil-rich country is plowing money into glitzy events, computing power and artificial intelligence research, putting it in the middle of an escalating U.S.-China struggle for technological influence.
WORLD / Politics
May 2, 2024

‘To the future’: Saudi Arabia spends big to become an AI superpower

Saudi Arabia was long a financial spigot for tech, but is now building its own industry.
Apple CEO Tim Cook attends the Wonderlust event at the company's headquarters in Cupertino, California, on Sept. 12, 2023.
BUSINESS / Companies
May 3, 2024

Apple unveils record $110 billion buyback as results beat low expectations

Apple's quarterly revenue fell, but less than analysts had expected, and CEO Tim Cook said revenue growth would return in the current quarter.
U.S. President Joe Biden speaks at the United Steelworkers Union headquarters in Pittsburgh, Pennsylvania, on April 17. Biden made clear that he does not want the proposed takeover of U.S. Steel by Japan’s Nippon Steel to happen.
BUSINESS / Companies
May 4, 2024

Political furor over Nippon Steel's U.S. Steel bid puts investment panel in spotlight

Backlash over the deal has echoes of the 1980s when Nippon Steel tried and failed to buy another American metal company.
Spectators gather on South Padre Island to watch the planned launch of SpaceX's next-generation Starship spacecraft from the company's Boca Chica launchpad, near Brownsville, Texas, on March 14.
BUSINESS / Companies
May 14, 2024

Musk's SpaceX is quick to build in Texas, slow to pay its bills

Unpaid bills and finger-pointing among contractors have led many construction-industry businesses to file liens against SpaceX properties.

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji