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Such idealism drives recruits for the government-run Japan Overseas Cooperation Volunteers (JOCV), which since 1965 has dispatched more than 30,000 people to do good in 70-plus countries. Today, the bulk of volunteers are women or older Japanese who are searching for meaning in their postretirement lives. Most...
In much the same way, Japanese firms face a global imperative. They must expand overseas to maintain growth. There simply aren't enough Japanese to buy their products back home. With domestic car sales slowing, Honda, for instance, just opened a second plant in Thailand so Japan's second largest...
It's not the first time Fayetteville has marketed its love of country. In 2005 it declared itself America's most patriotic city, and even floated the idea of writing fake tickets to drivers of foreign cars. Behind the bluster is an insecurity that dates back to the days when...
Rick Wagoner, CEO of General Motors, the automaker in most imminent danger of failure, gave lawmakers three reasons Chapter 11 isn't an option. First, the special financing that usually tides companies over through reorganization is so scarce right now that GM might not be able to get enough to...
Considering the mixed messages Capitol Hill sent on Thursday, that seemed the only appropriate approach. First, news spread midday that a group of bipartisan lawmakers had reached an agreement to provide Detroit with an infusion of $25 billion, with a victory press conference to be held at 2:30 p.m...