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BUSINESS / Companies / FOCUS
Mar 22, 2022

Hedge fund activists battle old Japan in Toshiba’s crucial vote

Shareholders will vote on two proposals: one, from Toshiba, asks them to support a two-way split; a competing one, put forward by 3D, calls for the company to reconsider alternatives.
Japan Times
JAPAN / Regional Voices: Okinawa
Mar 21, 2022

Okinawa firms raising productivity to give workers ‘earning power’

The prefecture's economy has grown significantly in the past 50 years, but it still lags behind the rest of the nation with low per-capita income and high child poverty rates.
Japan Times
JAPAN / Regional Voices: Hokkaido
Feb 28, 2022

Hokkaido, a pioneer in esports, draws fans and pro teams

The region has joined the boom, and has seen professional teams sprouting up one after another in anticipation of further growth and the Hokkaido Esports Festival.
Japan Times
BUSINESS
Feb 3, 2022

Meta plunges as Facebook users stall and forecast falls short

The misses come at a critical juncture for the company, which is fighting regulatory battles on multiple fronts and also trying to justify a costly shift in corporate strategy.
Japan Times
BUSINESS / Companies
Jan 6, 2022

Toshiba’s No. 2 shareholder steps up fight over breakup plan

Singapore-based 3D Investment Partners is requesting a vote on Toshiba's proposed split, which must be supported by at least two-thirds of stockholders.
Japan Times
BUSINESS / FOCUS
Jan 5, 2022

London’s fintech boom opens the door for dirty money

A fast-growing breed of startups present themselves as alternatives to old-fashioned banking, but critics say they're an easy conduit for financial crime.
Japan Times
BUSINESS / Tech
Jan 3, 2022

Former Facebook executive pushes to open social media’s ‘black boxes’

His project could accurately track what Facebook users paid the most attention to — and that irritated his bosses.
Japan Times
BUSINESS / Companies
Dec 23, 2021

As Bob Iger departs, Disney investors also look to get off the ride

Walt Disney Co.'s board promised a smooth transition from the end of the Bob Iger era to the new regime under CEO Bob Chapek, but the reality looks much rockier.
Japan Times
BUSINESS
Dec 10, 2021

China Evergrande defaults on its debt. Now what?

A ratings agency's declaration confirmed what investors had already suspected, but they now must wait on a restructuring plan overseen by the firm hand of Beijing.
Japan Times
ASIA PACIFIC
Nov 30, 2021

As China menaces Taiwan, the island's friends aid its secretive submarine project

Taipei has stealthily sourced technology, components and talent from at least seven nations to help it build a fleet with the potential to exact a heavy toll on any Chinese attack.
Japan Times
Special Supplements
Nov 30, 2021

Endo Manufacturing forges ahead in Japan’s golf world and beyond

Masaki Sukegawa has been crafting golf clubs for more than 18 years in his workshop at Endo Manufacturing Co. It’s his job to turn lumps of metal into master models for clubheads used by some of the world’s top professional golfers, as well as weekend duffers. 
Families of those killed in Boeing 737 Max 8 plane crashes hold up pictures of their deceased loved ones as the planemaker's CEO Dave Calhoun testifies before a Senate Homeland Security and Governmental Affairs Committee Investigations Subcommittee hearing on the safety culture at Boeing, on Capitol Hill in Washington on June 18.
BUSINESS / Companies
Jun 24, 2024

U.S. prosecutors recommend DOJ criminally charge Boeing as deadline looms

They concluded the planemaker had violated a settlement related to two fatal crashes in 2018 and 2019 involving its 737 MAX jet, source say.
Adidas CEO Bjorn Gulden at Adi-Dassler-Sportplatz in Herzogenaurach, Germany, on June 10.
BUSINESS / Companies
Jun 25, 2024

Adidas CEO rides Samba craze to revive brand after Ye debacle

Adidas' stocks have more than doubled from when Bjorn Gulden was announced as the new boss 18 months ago.
Workers assemble second-generation R1 vehicles at electric carmaker Rivian's manufacturing facility in Normal, Illinois, on Friday.
BUSINESS / Companies
Jun 26, 2024

Volkswagen's $5 billion investment in Rivian boosts EV maker's shares

The investment will provide Rivian the funding necessary to develop its less expensive and smaller R2 SUVs, and help it turn cash-flow positive.
An employee works on a laptop next to a drone at SD Guthrie's Sungai Linau estate in Selangor, Malaysia, on June 6.
BUSINESS / Tech
Jun 29, 2024

Robots are stepping into one of Asia’s dirtiest farm jobs

With global stockpiles of palm oil set for the first back-to-back decline in more than 40 years, Malaysia is pushing for automation to boost production.
Samsung workers chant slogans during a walkout outside the company’s semiconductor plant in Hwaseong, South Korea, on Monday.
BUSINESS / Companies
Jul 8, 2024

Samsung union steps up pressure over pay with three-day strike

The union has spent weeks preparing for the walkout, after negotiations over pay and vacation time collapsed last month.
U.S. President Donald Trump and SpaceX and Tesla CEO Elon Musk in Cape Canaveral, Florida, on May 30, 2020
BUSINESS / Companies
Aug 13, 2024

Musk scorns subsidies, but Tesla still lobbies for U.S. benefits

Despite Musk's gradual embrace of Trump, the company continues to lobby the U.S. and state governments for benefits championed by the Democratic Party.
In this NASA handout, a United Launch Alliance Atlas V rocket with Boeing’s CST-100 Starliner spacecraft onboard at Space Launch Complex 41 ahead of a test flight at Cape Canaveral Space Force Station in Florida in July 2021.
BUSINESS / Companies
Aug 26, 2024

Boeing's CEO faces hard choices after NASA snubs Starliner for SpaceX

The specter of NASA astronauts being stuck in space is just one embarrassing moment of many for Boeing during an epically bad year.
He Xiaopeng, co-founder and chief executive officer of XPeng, speaks at a launch event for the company's Mona M03 electric vehicle in Beijing on Tuesday.
BUSINESS / Companies
Aug 28, 2024

China’s Xpeng aims to expand with mass-market cars and Europe production

The company also plans to set up a large-scale data center in Europe as efficient software collection becomes paramount for cars’ intelligent driving features.
X owner Elon Musk speaks at the 27th annual Milken Institute Global Conference at the Beverly Hilton in Los Angeles in May.
BUSINESS / Tech
Aug 31, 2024

Brazil judge bans X as Elon Musk challenges top court’s orders

The platform's ban caps a monthslong feud between Musk and Supreme Court Justice Alexandre de Moraes, who is spearheading efforts to combat fake news.
U.S.-based asset manager Artisan Partners asked Seven & I, operator of 7-Eleven stores, to brief shareholders on the status of takeover negotiations with Alimentation Couche-Tard by Sept. 19.
BUSINESS / Companies
Sep 1, 2024

Seven & I shareholder pushes for negotiations with Couche-Tard

U.S.-based asset manager Artisan Partners asked Seven & I to brief shareholders on the status of takeover negotiations by Sept. 19.
The X account of Elon Musk in seen blocked on a mobile screen on Saturday after Brazil's telecommunications regulator suspended access to the X social network in the country to comply with an order from a judge who has been locked in a monthslong feud with the billionaire.
BUSINESS / Tech
Sep 2, 2024

Musk’s Starlink defies order to block X in Brazil

The move illustrates the sheer power of the billionaire and his business empire and how he leverages it to confront authorities and challenge laws he does not like.
Daikin's air conditioners for sale at a home appliances store in Mumbai
BUSINESS / Companies
Sep 3, 2024

Daikin, world’s No. 1 air-conditioner maker, to expand capacity in India

The Japanese company has signed a memorandum of understanding to acquire an additional 13.4 hectares to build a new plant near its current factory in southern India.
U.S. Vice President Kamala Harris, the Democratic presidential nominee, speaks during a campaign event she attended with U.S. President Joe Biden at IBEW Local Union 5 in Pittsburgh on Monday.
BUSINESS
Sep 3, 2024

Harris says U.S. Steel should remain American owned and run

It’s not clear whether a decision on the takeover will land on U.S. President Joe Biden’s desk or that of his successor — or even if it will proceed at all.
U.S. Steel's Edgar Thomson Works steel mill in Braddock, Pennsylvania
BUSINESS / Companies
Sep 4, 2024

U.S. Steel to remain American-led, Nippon Steel says

The Japanese firm said post-acquisition the majority of U.S. Steel's board of directors and all members of core senior management would be U.S. citizens.
Netflix has developed more local content for India featuring Bollywood actors over the years.
BUSINESS / Companies
Sep 23, 2024

India probing Netflix for visa violations and racial discrimination, email shows

Netflix has often faced heat in India over its content deemed insensitive by some users, as well as an Indian tax demand since 2023.
Japan's declining population has made it more difficult for convenience store operators to grow.
BUSINESS / Companies / FOCUS
Oct 1, 2024

Some 7-Eleven owners in Japan welcome foreign bid, hoping for change

Some franchisees are concerned about competition from rivals and say they are struggling with rising costs.
A woman walks past a Samsung store in Seoul on June 28. Sources have said that the firm is planning overseas layoffs.
BUSINESS / Companies
Oct 2, 2024

Samsung to cut thousands of jobs amid struggles in AI market

Job cuts are planned for other overseas subsidiaries and could reach 10% in certain markets, a source said.
Employees make pastries in the Princi bakery inside the Starbucks Reserve Roastery store in Shanghai in 2018.
LIFE / Food & Drink
Oct 8, 2024

Starbucks cafes in Tokyo almost alone in keeping Princi baked goods

Starbucks is removing Howard Schultz's brand of Italian baked goods from many of its higher-end cafes, stepping back from an initiative championed by longtime leader.
Ratan Tata, who transformed the Tata Group into a multibillion dollar conglomerate, at his home in Mumbai in 2021
BUSINESS
Oct 10, 2024

Indian business titan Ratan Tata dies at age 86

Under Tata, the Tata Group grew into a sprawling international enterprise with a portfolio ranging from software to sports cars.

Longform

Growing families are being priced out of Tokyo’s condo market, forced to choose between downtown convenience and suburban space.
Is living in central Tokyo still affordable?