Department stores and supermarkets in Japan have kicked off the spring 2027 shopping season for traditional randoseru backpacks aimed at first graders—over a year before these kids step into elementary school. These…
Category: Business
New Mexico Jury Orders Meta to Pay $375 Million for Violating Child Safety Laws
A New Mexico jury delivered a landmark ruling on Tuesday, ordering Meta the parent company of Facebook and Instagram to pay $375 million in damages. The verdict stems from a lawsuit filed…
Japan Taps State Oil Reserves as Middle East Conflict Drives Prices Sky-High
Prime Minister Sanae Takaichi announced Tuesday that Japan will begin releasing oil from state reserves on Thursday, responding to soaring oil prices and supply fears amid the escalating U.S.-Israeli war with Iran….
Japan’s Tax Reform Hits the Super-Rich Hard
Japan’s proposed tax reforms for fiscal year 2026 are rattling the wealthy. The plan hikes the minimum tax rate and pairs it with global information-sharing rules that track assets even if the…
Supreme Court struck down Trump’s tariffs. Now comes the hard work of issuing refunds
Thousands of U.S. importers are now preparing to apply for refunds following the Supreme Court’s decision overturning certain tariff collections. But the courts and U.S. Customs have never faced anything of this…
Japan’s Industry Minister Arrives in Washington to Finalize First Investment Projects Under U.S. Deal
Japan’s industry minister, Ryosei Akazawa, arrived in Washington on Wednesday to finalize the initial batch of Japanese investment projects in the United States under a bilateral trade agreement. Akazawa is set to…
Japan’s Agricultural and Food Exports Hit Record ¥1.7 Trillion in 2025, Led by Green Tea and Washoku Boom
Japan’s exports of agricultural, forestry, and fishery products, along with food items, grew to over ¥1.7 trillion ($10.9 billion) in 2025 setting a new record for the 13th consecutive year, the Ministry…
Nissan Union Scales Back Wage Demands amid Financial Strains
Nissan Motor Co.’s labor union has decided to scale back its initial wage demands in this year’s spring labor‑management negotiations, taking into account the automaker’s difficult financial situation. The union had first…
Tiffany’s latest model [Limited edition of 60 pieces] Chronograph with Tiffany Blue dial
Tiffany & Co. has announced the new Tiffany Timer to commemorate the 160th anniversary of the birth of America’s first stopwatch. It was unveiled at LVMH Watch Week 2026 in Milan. The…
US Job Growth Stalls in December 2025 as Unemployment Dips to 4.4%
The U.S. labor market ended 2025 on a subdued note, with employers adding just 50,000 jobs in December, well below economist expectations of 73,000. This “stall speed” hiring pace marked the weakest…