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November 22, 2024
 

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Japan Times
BUSINESS / Companies
Nov 8, 2022

How corporate chiefs dodge lawsuits over sexual abuse and deadly products

Hollywood producer Harvey Weinstein’s rape conviction landed him in prison. Allegations of serial sexual abuse cost him his career and his movie studio. His company went bankrupt and later settled legal claims by about 50 women.
Japan Times
BUSINESS / Tech
Oct 11, 2022

Inside Mark Zuckerberg’s metaverse struggles

Meta's push to develop virtual and augmented reality technology has had a bumpy year.
Japan Times
BUSINESS
Oct 5, 2022

Lack of scrutiny on 'green' bonds offering firms cheap finance while derailing climate action

That firms set their own objectives to evade interest penalties incentivizes them to aim low, as so-called greenwashing enters a $22 trillion corporate bond market.
The Vinfast booth at the 2022 New York International Auto Show in New York on April 14, 2022
BUSINESS / Companies
Aug 16, 2023

Vietnamese EV-maker Vinfast surges in U.S. trading debut

The company’s shares gained 255% on Tuesday in New York, giving it a market value above U.S. auto giants such as Ford Motor and General Motors.
The U.S. has 8,000 km of carbon dioxide pipelines, but will need at least 50,000 to hit climate goals, according to a carbon transport engineer at the U.S. Department of Energy.
ENVIRONMENT / Climate change
Aug 21, 2023

U.S. Midwest is ground zero in the fight over carbon capture

The U.S. wants to greatly expand carbon capture and storage infrastructure, including pipelines, but many projects face opposition in the Midwest.
Just 17.4% of small and midsize companies in Tokyo have developed business continuity plans to prepare for emergencies including natural disasters, according to a recent survey.
BUSINESS
Sep 3, 2023

Only 23% of Tokyo companies have business continuity plans, survey shows

Efforts to create such plans did not spread widely among companies although many had their operations disrupted due to the March 2011 quake and tsunami.
Part of the deserted Legend of Sea project developed by Country Garden
ASIA PACIFIC / Politics
Sep 7, 2023

China’s credit wreck exposes governance failings to the world

"Foreign money managers still have willingness to invest in China, but how much we invest is in flux.”
Striking UAW autoworkers demonstrate at a rally in downtown Detroit on Friday.
BUSINESS / Companies / FOCUS
Sep 18, 2023

How auto executives misread the UAW and ignited a historic strike

UAW president Shawn Fain’s aggressiveness reflects the mood of the American worker: anxious about job security and angry about a ballooning wealth gap.
The decision by Johnny & Associates during a news conference on Sept. 7 to retain the company name — despite its association with an alleged sexual predator — drew a lot of public criticism.
JAPAN / Society
Sep 20, 2023

Johnny & Associates considers changing name as criticism mounts

On its website, the agency said it was “discussing the future of the company, taking into consideration opinions and criticisms.”
Mark Zuckerberg speaks onstage during the Meta Connect Developer Conference in Menlo Park, California, on Wednesday.
BUSINESS / Companies
Sep 28, 2023

Meta unveils AI assistant and Facebook-streaming glasses

Meta CEO Mark Zuckerberg described the products as bringing together the virtual and real worlds while emphasizing lower costs.
Employees monitor the production of Covishield, the local name for the COVID-19 vaccine developed by AstraZeneca and the University of Oxford, at the Serum Institute of India in Pune, Maharashtra, India.
BUSINESS / Companies
Oct 5, 2023

Top vaccine maker seeks growth by selling shots to globetrotters

Serum Institute of India plans to start production of yellow fever and dengue shots for travelers to countries where those diseases are endemic.
A photo taken on Thursday shows details of a contract between the Beijing Yunze Technology Co. Ltd. and a company then part of Yevgeny Prigozhin's commercial empire — for the acquisition of two high resolution observation satellites.
WORLD / Politics
Oct 11, 2023

Chinese firm sold satellites for intelligence to Russia's Wagner

The satellite images were used to assist Wagner's operations in Ukraine, but also in Africa — and even its failed mutiny in June — a contract has shown.
Elon Musk’s X, the social media platform formerly known as Twitter, is allowing child sexual exploitation material to rampantly proliferate, according to Australian regulators, the latest in a growing list of legal challenges the company is facing.
BUSINESS / Tech
Oct 17, 2023

Australian regulators latest in series of legal woes for Musk's X

X is allowing child sexual exploitation material to rampantly proliferate across the platform, according to Australian regulators.
Sections of the forests in Colville, Washington, have already been thinned, allowing trees to grow less densely and reducing the risk for wildfire.
ENVIRONMENT / Sustainability
Oct 26, 2023

How to prevent forest fires by building cities with more wood

Not everyone is convinced mass timber will help forest health.
At the time ofElon Musk's takeover, Twitter was valued at $44 billion. Now called X, the company is now valued at $19 billion.
BUSINESS / Companies
Oct 31, 2023

Elon Musk’s X is worth less than half of price he paid for Twitter

In the past, Musk has hinted that he’d like to take X public, but the company’s steep drop in value could make that difficult.
WeWork sought U.S. bankruptcy protection on Monday.
BUSINESS / Companies
Nov 7, 2023

SoftBank's WeWork, once most valuable U.S. startup, goes bankrupt

The company reported estimated assets and liabilities ranging from $10 billion to $50 billion, according to a bankruptcy filing.
The Humane Ai Pin’s interface is projected onto the hand of company co-founder Bethany Bongiorno in San Francisco on Oct. 27. Humane, a company started by two former Apple employees, says its new artificial intelligence pin can stop all the scrolling.
BUSINESS / Tech
Nov 13, 2023

Silicon Valley’s bet on the device that comes after the smartphone

Humane's Ai Pin is being billed as the first artificially intelligent device.
Sam Altman participates in an event at the Asia-Pacific Economic Cooperation leaders week in San Francisco on Nov. 16.
BUSINESS / Tech
Nov 20, 2023

OpenAI appoints ex-Twitch boss as CEO, while Altman joins Microsoft

The decision not to reinstate Altman as CEO has confounded efforts by investors and employees of the firm to steady the ship by bringing him back.
Cabs not in operation are parked at a taxi company in Naha in October. Finding a taxi in parts of Okinawa Prefecture is becoming increasingly difficult because of a shortage of drivers.
JAPAN / Society / Regional Voices: Okinawa
Nov 27, 2023

Getting a taxi in Okinawa harder than ever amid driver shortage

The number of cab drivers working in the prefecture peaked at 10,041 in 2009 and declined to 5,246 in 2021.
British Prime Minister Rishi Sunak addresses a news conference during an artificial intelligence safety summit in Milton Keynes, England, on Nov. 2.
COMMENTARY / World
Nov 29, 2023

Foreign policy and defense concerns in the age of AI

Researchers warn of the potential 'signaling risks' artificial intelligence poses to global politics and military conflict.
From left: Naho Sato, President Masamichi Idemitsu and Naoki Tajima
ESG CONSORTIUM
Dec 18, 2023

Mita Kosan develops real estate, community in central Tokyo area

Mita Kosan Co. Ltd., a real estate developer and leasing company, is housed in an office building right across the road from Keio University’s East Gate in the Mita district of Tokyo’s Minato Ward. The area has a uniquely mixed atmosphere: premium and academic, yet homey with a lot of small local...
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.
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.
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.
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.
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.
Tokyo Electric Power Company Holdings' Fukushima No. 1 plant. Tepco has a long way to go to achieve its profits target for financing compensation, reconstruction and the decommissioning of the plant, following the eruption of the March 2011 nuclear crisis.
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.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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