That is the audacity, the stealing in the U.S. economy - a lot of people don’t understand the ‘invisible hand’ that is emptying our pockets. The history books will show how this is 2008 all over ... ( read original story ...)
Tokyo to pay more to businesses that stay shut until May 31
The scheme and the size of Tokyo's subsidies will be similar to what had been decided before the extension of the state of emergency, involving payouts of 500,000 yen ($4,700) to business owners with ... ( read original story ...)
Remdesivir may be approved in Japan on Thursday – health minister
Gilead Sciences Inc's antiviral drug remdesivir may be approved in Japan for domestic COVID-19 patients when the health ministry's review board is held on Thursday, Japanese Health Minister Katsunobu ... ( read original story ...)
Lack of Coronavirus Vaccine, Slumping Economy Squeeze Japan’s Olympics Plans
Rising costs of Tokyo Games’ postponement to 2021 and long shot of vaccine being ready in time are pressuring organizers. ( read original story ...)
SoftBank to write down WeWork by $6.6 billion, compounding portfolio misery
SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) for the year ended March on the portion of its WeWork investment held outside the Vision Fund, as the virus compounds ... ( read original story ...)
FOCUS-For SoftBank’s Son, coronavirus turns vision to illusion
SoftBank Group Corp founder Masayoshi Son's dream of a global tech empire is unravelling, with the coronavirus crisis compounding losses at his $100 billion Vision Fund and distress at his big bets ... ( read original story ...)
Tiny Nagoya game studio finds Nintendo stardom through Sony’s obsolete Vita
Petit Depotto reasoned that by sticking with that platform, they were giving their title the best chance of being noticed. ( read original story ...)
Box-cutter blades found left in kids’ sand box in Yokohama park
YOKOHAMA -- At least 20 box-cutter replacement blades were found scattered in a park in this city south of Tokyo on May 4, with some of them buried in ... ( read original story ...)
Tokyo 2020 Olympics & Paralympics: UK Sport asks government for exceptional funding
UK Sport asks the government for £53.4m in exceptional funding to help prepare Great Britain for the postponed Olympics and Paralympics. ( read original story ...)
In Japan, the ‘Murder Hornet’ Is Both a Lethal Threat and a Tasty Treat
Long before the insects found their way to American shores, some Japanese prized them for their numbing crunch and the venomous buzz they add to liquor. ( read original story ...)
Run on toilets leaves Japanese lavatory makers flush with orders
The early weeks of the coronavirus outbreak triggered twin bouts of panic buying in Japan — of toilet paper and of the toilets themselves as building wholesalers competed to secure the precious ... ( read original story ...)
Former WeWork CEO Adam Neumann sues SoftBank over withdrawn tender offer
The co-founder and former chief executive of WeWork, Adam Neumann, has filed a lawsuit against SoftBank over the withdrawal of a $3 billion tender offer. The case, filed in Delaware on Monday, ... ( read original story ...)
Call centres expose fault line in Japan’s pandemic fight
Almost a month after Tokyo declared a state of emergency, dozens of call centre employees for telecom KDDI Corp still commute into their crowded office, where the fear of coronavirus infection has ... ( read original story ...)
Tokyo governor Koike to ask businesses to refrain from operating until end of May – NHK
Tokyo Governor Yuriko Koike will ask businesses in Japan's biggest city to refrain from operating until the end of this month, following the central government's extension of the state of emergency, a ... ( read original story ...)
This Drug May Cause Birth Defects. Japan’s Pushing It for Coronavirus.
Prime Minister Shinzo Abe is urging the world to fight the epidemic using a Japanese-made medication, though there is little evidence that it works. ( read original story ...)
Yokohama, Continental Resume Tire Production
Two tire manufacturers that had suspended production due to the COVID-19 crisis announced plans to restart factories. Yokohama Corp. resumed commercial-vehicle tire production at its factory in West ... ( read original story ...)