Japan Post scraps catalog gift quotas after employees spent own money to meet sales targets
Japan Post Co. will not require staff to meet sales targets for gifts marketed in its catalogs after those unable to meet the quota made up for the shortfall from their own pockets. The national post office operator has abolished the quotas for fiscal 2019, ...
Japan Post Insurance to check 30 million insurance contracts after improper sales practices found
Japan Post Holdings Co. said Wednesday the group will examine all 30 million insurance contracts created for Japan Post Insurance Co. that have been in effect during the past five years, after evidence surfaced of inappropriate sales practices. The parent company said the Japan Post ...
Japan Post likely to scrap insurance sales quotas during current fiscal year
Japan Post Co. is planning to scrap sales quotas assigned to post office workers for products of Japan Post Insurance Co. in fiscal 2019, which ends next March, it was learned Sunday. Japan Post hopes to put priority on dealing with customers who have been ...
Police in San Juan fired tear gas on Monday night to disperse thousands of protesters demanding Puerto Rico's governor resign over offensive chat messages, the latest scandal to hit a bankrupt island struggling to recover from 2017 hurricanes. Police moved in at around 11 p.m. ...
Nippon Life asks Japan Post to suspend sales of insurance product
Nippon Life Insurance Co. has asked Japan Post Co. to temporarily suspend the commissioned sales of one of its insurance products, it was learned Friday. The request follows the revelation last month of inappropriate sales practices by Japan Post employees, involving policies for Japan Post ...
Askul CEO dismisses threat of ouster from top shareholder Yahoo Japan
Shoichiro Iwata, president and chief executive officer of Japanese stationery seller Askul Corp., on Thursday dismissed pressure from top shareholder Yahoo Japan Corp. to oust him. Yahoo's opposition to his reappointment is "an act of tyranny by a controlling shareholder and ignores the interests of ...
Japanese police departments reprimand over 20 officers for paid work on police exam study guides
The ¥100 million ethics scandal enriched over 460 cops in 17 prefectures, including high-ranking police officials in Osaka and Miyagi.
Ghosn's first full trial unlikely to convene until next spring, his lawyers say
Attorney Junichiro Hironaka revealed Carlos Ghosn’s defense team would ask the court later in the day to grant a meeting with his wife, Carole Ghosn.
Lawyer for Ghosn says 'outrageous' bail rules on seeing wife violate Japan's Constitution
A lawyer for former Nissan chief Carlos Ghosn has slammed "outrageous" restrictions on his client's ability to see his wife and predicted the tycoon's trial will not start for at least a year. In an interview, Takashi Takano revealed that the top court this week ...
Nissan projects weakest profit in a decade as Carlos Ghosn woes linger
Nissan Motor Co., trying to rebuild its tarnished reputation over failed corporate governance following the criminal investigation of two former executives, cut its operating profit outlook by a sharp 28 percent for fiscal 2019 to its lowest in a decade. At a news conference Tuesday ...
Scandal-plagued Wells Fargo's interim CEO shouted down at bank's annual meeting
C. Allen Parker is finding out how tough it can be to head up a scandal-plagued company. The interim chief executive officer of Wells Fargo & Co. was interrupted more than a dozen times during the bank's annual meeting in Dallas on Tuesday by activist ...
Warner Bros. chief Kevin Tsujihara ousted over relationship with actress
Warner Bros. Chief Executive Officer Kevin Tsujihara is leaving the studio over allegations that he had a sexual relationship with an actress he helped promote, adding to the number of Hollywood moguls toppled by scandal. Tsujihara brings fresh upheaval to a business acquired by AT&T ...
