Page 6 - Peter Landers News Today

Toshiba Says CEO Satoshi Tsunakawa Will Serve as Interim Chairman 06/25/2021 | 09:20am EDT Send by mail : Message : By Peter Landers TOKYO--Toshiba Corp. said Friday that Chief Executive Officer Satoshi Tsunakawa would serve as interim chairman after the former chairman, Osamu Nagayama, was ousted by shareholders earlier in the day. Toshiba said a newly elected director, George Olcott, resigned after reconsidering his role in light of Mr. Nagayamas ouster. It said a director who was ...

La Nouvelle Tribune By Jared Malsin, Amira El-Fekki and Benoit Faucon – The Wall Street Journal.   CAIRO—Egypt won’t release the massive container ship that blocked the Suez Canal for nearly a week in March until its owners agree to pay as much as a billion dollars in compensation, according to local authorities, as they investigate how the Ever Given got stuck and shut down one of the world’s most important waterways. “The vessel will remain here until investigat...

Toyota Chief Says Apple Is Welcome to Make a Car, but…

Nuclear Power’s Prospects Cool a Decade After Fukushima Meltdowns Disaster at the Japanese reactors marked a turning point for an industry that once promised to give the world a nearly unlimited source of energy  WSJ, By Peter Landers, March 3, 2021  OMAEZAKI, Japan—At a seaside nuclear-power plant here, a concrete wall stretching a mile along the coast and towering 73 feet above sea level offers protection against almost any conceivable tsunami. Two reactors are ready to start splitting...

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Eclipsed by Chinese rivals, LG ponders smartphone future File Photo: LG, based in Seoul, had been an early smartphone success story and still controls about 13% of the US market (REUTERS) Elizabeth Koh , The Wall Street Journal Once a dominant player, company’s beleaguered mobile division hasn’t been profitable in years, and CEO opens door to leaving the business Share Via Read Full Story China’s increasingly dominant smartphone makers are forcing a once-formidable rival to rethink its ...

Click the thumbs up > Tributes have been paid to MotoNovo head of strategic partnerships Peter Landers after he died following a three-week battle with COVID-19 coronavirus. The automotive sector finance business said in a statement issued this morning (January 7) that it was “with great sadness” that it had to announce the passing of the motor finance and industry stalwart at the age of 59. The statement revealed that Landers had “succumbed to this dreadful virus in the early hours of N...

by Peter Landers (Wall Street Journal) Toyota Motor Corp.’s leader criticized what he described as excessive hype over electric vehicles, saying advocates failed to consider the carbon emitted by generating electricity and the costs of an EV transition. Toyota President Akio Toyoda said Japan would run out of electricity in the summer if all cars were running on electric power. The infrastructure needed to support a fleet consisting entirely of EVs would cost Japan between ¥14 trillion and ...

Toyota’s Chief Says Electric Vehicles Are Overhyped Akio Toyoda says converting entirely to EVs could cost hundreds of billions of dollars and make cars unaffordable for average people Investors and big auto makers are pouring money into electric-vehicle startups in a search for the next Tesla, with the hopes of cashing in. One company is drawing more scrutiny than most. WSJ explains. Illustration: Jacob Reynolds/WSJ By Dec. 17, 2020 4:17 am ET TOKYO— Toy...

Japan’s Asteroid Mission Retrieves Lots of Black Dirt Scientists find crumbly samples of the asteroid Ryugu in capsule, secure first sample of extraterrestrial gases The capsule from Japan’s Hayabusa2 mission revealed a large amount of asteroid material. Photo: JAXA/Agence France-Presse/Getty Images By Dec. 15, 2020 8:00 am ET TOKYO—Japan’s space agency said it recovered far more black dirt than it was targeting from the asteroid R...