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Giappone
February core machinery orders gain 1.5% on month
Core private-sector machinery orders rose a seasonally adjusted 1.5 percent in February from the previous month, boosted by robust demand for equipment in the manufacturing sector, government data showed Wednesday. The orders came to ¥850.5 billion ($7.8 billion). These figures exclude orders from ships and utilities because of volatility in ...
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Giappone
Toyota demonstrates robotic leg brace to help paralyzed people walk
Toyota is introducing a wearable robotic leg brace designed to help partially paralyzed people walk. The Welwalk WW-1000 system is made up of a motorized mechanical frame that fits on a person’s leg from the knee down. The patients can practice walking wearing the robotic device on a special treadmill ...
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Giappone
Japan startups seeing cash but few innovators
Japan Inc., where companies with roots going back decades, if not centuries, have long dominated, is finally warming up to startups. Major banks and venture capitalists are keen to tap into faster growth by investing in innovative entrepreneurs, when they can find them. Money raised for ventures in Japan reached ...
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Giappone
Sapporo sues government for return of tax money paid on sale of beer-like drink
Sapporo Breweries Ltd. filed a lawsuit Tuesday against the government with the Tokyo District Court seeking a return tax money the company paid on its beer-like alcoholic beverage Goku Zero. The beer maker has been seeking the return of ¥11.5 billion ($104 million) in additional liquor tax it paid for ...
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Giappone
Trump’s tax secrecy complicates levy code overhaul: Schumer
The Senate’s top Democrat says President Donald Trump’s refusal to release his tax returns is going to make this year’s promised overhaul of the tax code “much harder.” Sen. Charles Schumer says Trump is opening himself to second guessing about his motives for supporting different policies and that the average ...
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Giappone
‘Taken aback’ Google denies government claim of gender pay gap
Google said it’s “taken aback” by the government’s claim that it doesn’t compensate women fairly. The company said it conducts “rigorous analyses” that its pay practices are gender-blind and found “no gender pay gap” in 52 major job categories it analyzed last year. Google added that analysts who calculate suggested ...
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USA Giappone
Trump Organization settles suits with celebrity chefs
The Trump Organization, the conglomerate that unites the U.S. president’s family business interests, has settled lawsuits with two celebrity chefs who refused to work at the company’s new Washington hotel. The firm announced the agreement with Geoffrey Zakarian on Monday, three days after announcing the deal with Spanish-born Jose Andres. ...
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Giappone
United in public-relations fiasco over dragged passenger, weak apology
United is getting pummeled on late-night TV. Online, jokers are proposing new corporate slogans such as “We’ll drag you all over the world” and “We have red eye and black eye flights available.” On Wall Street, the airline briefly lost nearly $1 billion in market value before its stock regained ...
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Giappone
Forming Japanese consortium for Toshiba chip unit seen as difficult task
The idea of forming a consortium of Japanese companies to invest in Toshiba Corp.’s flash memory business will be difficult to realize, Japanese business leader Yoshimitsu Kobayashi said Tuesday. “The point is how a profitable scenario can be created” in such an investment, Kobayashi, chairman of the Japan Association of ...
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Russia Giappone
Canada judge denies bail to alleged Yahoo hacker with Russia spy links
A judge denied bail Tuesday to a Canadian man accused in a massive hack of Yahoo emails. Karim Baratov, 22, has alleged ties to Russian agents and access to significant amounts of cash, making him a serious flight risk if freed on bail, a prosecutor said Tuesday. Baratov was arrested ...