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☆ Honda posts 31% Q2 operating profit jump, raises full-year forecast
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +1 min

People are reflected on a Honda Motor car outside the company's headquarters in Tokyo, Japan February 2, 2017. REUTERS/Toru Hanai/File Photo Acquire Licensing RightsCompanies Honda Motor Co Ltd FollowTOKYO, Nov 9 (Reuters) - Japan's Honda Motor (7267.T) posted a 31% increase in operating profit for the September quarter on Thursday, lifted by stronger sales in the United States and a weaker yen, and raised its full-year forecast by 20%. Japan's second-biggest automaker by sales said operating profit totalled 302.1 billion yen ($2.0 billion) in the three months to Sept. 30, compared with an average 345.3 billion yen estimate in a poll of 10 analysts by LSEG. Honda raised its full-year operating profit forecast to 1.2 trillion yen from the 1 trillion yen it had expected, largely in line with the 1.237 trillion yen average forecast from 21 analysts. ($1 = 151.0600 yen)Reporting by Daniel Leussink; Editing by David Dolan and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.

Persons: Toru Hanai, Daniel Leussink, David Dolan, Gerry Doyle Organizations: Honda Motor, REUTERS, Honda, LSEG, Thomson Locations: Tokyo, Japan, United States, China

☆ US stocks are on their longest winning streak in 2 years – but the Fed and an earnings slowdown still linger as threats, analysts warn
▼ + stars: | 2023-11-08 | by ( George Glover | ) www.businessinsider.com time to read: +4 min

The S&P 500 and the Nasdaq Composite indices have notched their longest winning streaks in two years. Some on Wall Street think the rally can last – but others are still fretting about a potential correction. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The benchmark S&P 500 gauge has climbed 6% since October 27, while the tech-heavy Nasdaq Composite is up 8% over the same period. AdvertisementAdvertisementThe rally has been a welcome development for investors after a rough couple of months for stocks.

Persons: Stocks, —, Bilal Hafeez, Morgan Stanley's, Mike Wilson –, –, David Donabedian Organizations: Nasdaq, Service, Federal Reserve, CIBC Private Wealth

☆ SoftBank makes another bet on WeWork, hoping landlords will too
▼ + stars: | 2023-11-07 | by ( Anton Bridge | ) www.reuters.com time to read: +3 min

WeWork seeks bankruptcy protectionLIMITED EXPOSUREWeWork's dramatic fall followed lavish predictions about its prospects from SoftBank founder Masayoshi Son, despite immense losses as it grew. Still, it had a credit support deal with the company worth $1.1 billion as of end-June. MST Financial analyst David Gibson said the credit support was significant, but it was not clear how much of it had been withdrawn. SoftBank declined to comment on the credit support. SoftBank owns around 71% of WeWork, which it privately valued at $47 billion at its peak but is now valued at just $44 million.

Persons: SoftBank, Adam Neumann, Neumann, WeWork, Masayoshi Son, Son, David Gibson, Anton Bridge, David Dolan, Miyoung Kim, Mark Potter Organizations: Thomson Locations: TOKYO

☆ Nintendo hikes profit forecast as Switch battles on
▼ + stars: | 2023-11-07 | by ( Sam Nussey | ) www.reuters.com time to read: +2 min

An attendee uses a Nintendo Switch game console while playing a video game at the Paris Games Week (PGW), a trade fair for video games in Paris, France, November 5, 2023. Nintendo sold 6.84 million Switch units in the first six months of the financial year, a slight increase on the 6.68 million units it sold in the same period last year. Reuters GraphicsNintendo's broad pop culture appeal has also been underscored by the success of a Super Mario Bros. movie. Nintendo maintained its full-year forecast for the console of 15 million units, which would be a 16.5% decline on a year earlier. Nintendo's line-up for the critical year-end shopping season will likely also be bolstered by some new additions including "Super Mario RPG", which launches on Nov. 17.

Persons: Claudia Greco, Zelda, Mario, Shuntaro Furukawa, Sam Nussey, David Dolan, Christopher Cushing Organizations: Nintendo, Paris Games, REUTERS, Reuters, Mario Bros, Thomson Locations: Paris, France, TOKYO, Kyoto

[1/10] Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., November 6, 2023. You’ve made it important, but it wasn’t," Trump said of the estimates. New York state lawyers argued in their lawsuit that the estimates misled lenders and insurers, earning him $100 million and exaggerating his wealth by $2 billion. Trump's crowded legal calendar threatens to take him off the campaign trail for much of next year. The trial was originally scheduled to run through early December but could wrap up sooner as the state calls its final witnesses this week.

Persons: Donald Trump, David Dee Delgado, Trump, Judge Arthur Engoron, Engoron, Letitia James, “ I’m, Trump's, Mr Kise, Christopher Kise, James, Eric, Donald Jr, Michael Cohen, Ivanka, Jack Queen, Luc Cohen, Andy Sullivan, Scott Malone, Lisa Shumaker, Grant McCool Organizations: U.S, Trump Organization, Court, REUTERS Acquire, New York, Trump, New York Democrats, Republican, Thomson Locations: New York, Manhattan, New York City, U.S, Doral, Florida, York, Lago, glower, New

☆ Experimental spinal cord implant helps Parkinson’s patient walk in new study
▼ + stars: | 2023-11-06 | by ( Manav Tanneeru | Jacqueline Howard | ) edition.cnn.com time to read: +9 min

In a new study, Gauthier was surgically implanted with an experimental spinal cord neuroprosthesis to correct walking disorders in people with Parkinson’s disease. Marc Gauthier, 63, who has Parkinson's disease, was treated with a spinal cord neuroprosthesis for his locomotor symptoms. Then, Gauthier was invited to participate in the new study to test the experimental spinal cord neuroprosthesis. Next, they implanted an array of electrodes against the lower region of Gauthier’s spinal cord to target those zones. “With this spinal cord stimulation, we still have an effect, but we have to fight against worse and more severe symptoms,” Bloch said.

Persons: Marc Gauthier, Gauthier, ” Gauthier, Dr, Eduardo Moraud, ” Moraud, Gilles Weber, CHUV Gauthier, Jocelyn Bloch, ” Bloch, ”, Svjetlana, Miocinovic, David Dexter, Parkinson’s, Dexter, Sanjay Gupta, Moraud, Michael J, Bloch, Grégoire, ” Courtine, “ Organizations: CNN, Nature, Lausanne University Hospital, Emory University School of Medicine, Parkinson’s, Science Media, DBS, CNN Health, Fox Foundation, Medical Locations: Bordeaux, France, Switzerland, Netherlands

The North American box office had one of its slowest weekends of the year, due in large part to “Dune: Part Two’s” absence from the lineup. 1 movie and it would have been a bigger overall weekend,” said Paul Dergarabedian, the senior media analyst for Comscore. “Taylor Swift: The Eras Tour" took second place, with fourth weekend earnings at an estimated $13.5 million for the AMC release. "The overall box office is rather quiet, but there are so many interesting films out there," Dergarabedian said. “Independent film can really shine right now.”The effects of the ongoing strike at the box office are not easily quantifiable.

Persons: ”, “ Taylor Swift, Sofia Coppola’s “ Priscilla ”, “ Oppenheimer ”, Timothée Chalamet, Zendaya, Swifties, Martin Scorsese's, Alexander Payne's “, “, Paul Dergarabedian, Priscilla, ’, It's, That's, “ Priscilla, Priscilla Presley’s, Elvis, Cailee Spaeny, Jacob Elordi, Paul Giamatti, Eugenio Derbez, ” Dergarabedian, “ He’s, Ryan, David Duchovny, exes, Jackson's, Dergarabedian, haven’t, “ Priscilla ”, Brie Larson, Teyonah Parris, Lashana Lynch, Comscore Organizations: American, Warner Bros, SAG, Comscore, Universal Pictures, AMC, Apple, Paramount, Los Angeles, Marvel, “ Locations: New York, Los, England, Mexican

☆ Three hours to guilty: How the government nailed Sam Bankman-Fried
▼ + stars: | 2023-11-04 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +9 min

David Dee Delgado | ReutersIn Sam Bankman-Fried's fraud trial, prosecutors won quickly by keeping it simple. "While the cryptocurrency industry might be new and the players like Sam Bankman-Fried might be new, this kind of corruption is as old as time," Williams said. Sam Bankman-Fried's parents, seated to the left, react to the verdict. "Sam Bankman-Fried will be remembered as one of the biggest fraudsters of our lifetimes," Mariotti said. WATCH: Sam Bankman-Fried found guilty on all seven counts

Persons: Sam Bankman, David Dee Delgado, CNBC they'd, Yesha Yadav, Fried, Nicolas Roos, Danielle Sassoon, Crypto, Roos, Sassoon, Marc, Antoine Julliard, Renato Mariotti, who's, Bryan Cave Leighton Paisner, Damian Williams, Williams, Andrew Ross Sorkin, Sorkin, that's, It's, SBF, Mariotti, Paul Tuchmann, Wiggin, Dana, Tuchmann, Elizabeth Williams, Caroline Ellison, Bankman, Ellison, James Koutoulas, Koutoulas, Gary Wang, Nishad Singh, FTX coder Adam Yedidia, FTX's, Sun, Kevin J, O'Brien, Mark Cohen Organizations: FTX, Manhattan, Reuters, CNBC, Vanderbilt University ., U.S . Justice Department's Securities, Commodities, Southern, of, Prosecutors, Stanford, Alameda Research, New York Times DealBook, Washington , D.C, U.S, Justice Department, Trading Commission, Securities and Exchange Commission Locations: New York City, London, Chicago, U.S, of New York, Alameda, Washington ,, Bankman, New York

☆ ‘What Happens Later’ Review: Meg Ryan’s Rom-Com Return
▼ + stars: | 2023-11-03 | by ( Kyle Smith | ) www.wsj.com time to read: 1 min

David Duchovny and Meg Ryan Photo: Bleecker StreetMeg Ryan and David Duchovny haven’t had a lot of hit movies or TV shows lately—Ms. Ryan hasn’t been seen at all since she appeared in her directorial debut, the indie film “Ithaca,” back in 2016—but it only takes a few minutes of their movie “What Happens Later” to make us remember how much we loved these two ’90s icons in their prime. Trying to build a serviceable romcom around actors in their early 60s presents a challenge, but the key is understanding that nobody makes it to that age without handling as much baggage as an airport. That’s what makes Ms. Ryan’s second directorial effort a surprising treat, and for good measure, the entire movie is set at an airport, that liminal space between two destinations that stands for both possibility and frustration.

Persons: David Duchovny, Meg Ryan Photo, Meg Ryan, David Duchovny haven’t, Ryan hasn’t, ”, Ryan’s

☆ Donald Trump to face anonymous jury in writer E. Jean Carroll's second trial
▼ + stars: | 2023-11-03 | by ( Jonathan Stempel | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +3 min

E. Jean Carroll exits the Manhattan Federal Court following the verdict in the civil rape accusation case against former U.S. President Donald Trump, in New York City, U.S., May 9, 2023. REUTERS/David Dee Delgado Acquire Licensing RightsNEW YORK, Nov 3 (Reuters) - A federal judge said Donald Trump will face an anonymous jury as it decides how much he should pay E. Jean Carroll for defaming the writer in 2019 by denying that he raped her. U.S. District Judge Lewis Kaplan in Manhattan said he found "strong reason" to provide special protections for jurors at the scheduled Jan. 16, 2024 civil trial. Neither Carroll, a former Elle magazine columnist, nor Trump, nor anyone else objected to using an anonymous jury, the judge said. Another anonymous jury in May ordered Trump to pay Carroll $5 million for sexual assault and defamation in a second lawsuit, after Trump again denied her claims in October 2022.

Persons: Jean Carroll, Donald Trump, David Dee Delgado, District Judge Lewis Kaplan, president's, Carroll, Kaplan, Letitia James, Trump, Goodman, Joe Biden, Jonathan Stempel, Rod Nickel Organizations: U.S, REUTERS, District, Trump, Mr, Elle, Republican, Democratic, Court, Southern District of, Thomson Locations: Manhattan, New York City, U.S, New, Carroll's, Southern District, Southern District of New York, New York

Ryan and Duchovny did not really know each other before “What Happens Later," but you’d never know it to watch them on screen or hear their off-camera rapport. AP: You have such lived-in banter and chemistry, it’s surprising that you two didn’t really know each other before this. DUCHOVNY: I’m thankful to Meg for giving me the opportunity to work in a movie like this. RYAN: That’s exactly what it is. I’m going to google that to make sure I’m right.

Persons: Nora ”, Meg Ryan’s, Nora Ephron, Ephron, Ryan, Harry Met Sally, ”, David Duchovny, hasn't, “, ” Ryan, “ It’s, Duchovny, you’d, DUCHOVNY, I’ve, RYAN, Nora, It’s, Tom Hanks, Billy Crystal, He’s, Hal Liggett, Rosencrantz, Guildenstern, Hal, 5’10, 6’2, It’s Morgan Freeman, it’s Scarlett Johansson, I’m, Meg, Meg’s, there’s, COVID, you’ve, it’s, Matthew Perry’s, Harder, of Rome Organizations: Associated Press, greyhounds Locations: Seattle, RYAN

The world's top-selling automaker reported a record operating profit of 1.44 trillion yen ($9.5 billion) in the three months to end-September, a 155.6% increase from a year earlier. It lifted its full-year profit forecast to 4.5 trillion yen from 3 trillion yen, largely due to favourable effects from foreign exchange rates. Toyota expects the weaker yen to account for 1.18 trillion yen of the revision to the full-year profit. The new projection compared to analysts' average forecast of 4.0 trillion yen. Toyota assumed an average rate of 141 yen per dollar in its calculations for the 2023/24 financial year compared to 125 yen previously.

Persons: Issei Kato, Yoichi Miyazaki, Daniel Leussink, David Dolan, Muralikumar Organizations: Toyota, Japan, REUTERS, Nissan, Honda, EVs, Nikkei, Thomson Locations: Tokyo, Japan, TOKYO, United States, Asia, China, Southeast, Thailand, North Carolina

ATLANTIC CITY, N.J. (AP) — Wind energy developer Orsted is writing off $4 billion, due largely to the cancellation of two large offshore wind projects in New Jersey whose financial challenges mirror those facing the nascent industry. Some projects already have been canceled, and many offshore wind developers are seeking better terms from governments with whom they have already contracted. Despite the challenges, some wind projects are moving forward. Orsted said it is proceeding with its Revolution Wind project in Connecticut and Rhode Island. And New Jersey still has several other offshore wind projects in various stages of development, with four new proposals submitted in August alone.

Persons: ” Mads Nipper, “, ”, Louis Knight, Biden, Jeff Van Drew, “ David, Goliath, Robin Shaffer, Orsted, ___, Wayne Parry Organizations: CITY, New, Orsted, Northern, World Meteorological Organization, Sierra Club, “, U.S, Government, Office, Republican, Dominion Energy, Virginia Beach, American Clean Power Association, Oceantic Network, Shell, EDF Renewables, Atlantic Locations: N.J, New Jersey, Danish, U.S, New England, Carolinas, New York, Coast NJ, Connecticut, Rhode, Virginia, Atlantic Shores, EDF Renewables North America, www.twitter.com

☆ See photos of the last prison ship still operating in the US. The 5-story vessel is slated to close this week.
▼ + stars: | 2023-10-31 | by ( Associated Press | Haley Tenore | ) www.businessinsider.com time to read: +9 min

America's last functional prison ship, New York's Vernon C. Bain Correctional Center, is closing. The Vernon C. Bain Correctional Center was originally meant to solve overcrowding at Rikers Island. Vernon C. Bain currently houses 500 incarcerated people, though it has 800 beds. Inmates can be seen playing basketball on the Vernon C. Bain court. It's unclear what the future for the Vernon C. Bain Correctional Center is after inmates are all transferred out.

Persons: New York's Vernon C, —, Kenneth Williams, Williams, Vernon C, Seth Wenig, United States —, Bain, Gregory Acevedo, Stephan Khadu, Darren Mack, Gary Hershorn, who've, David Dee Delgado, Edward Koch, Khadu, Joseph B, Frederick, Lezandre Khadu, Stephan Khadu's, Rudy Giuliani, David Howells, Corbis, Latima Johnson, Johnson Organizations: Bain Correctional Center, Service, New York City's, Bain Correctional, AP, Department of Correction, Bain, New, New York, Getty Images Locations: New York's, Brooklyn, New, Bronx, United States, New York, Rikers, New York City, California, South Bronx, —

☆ Taiwan's Powerchip chooses northern Japan for planned $5.4 bln fab
▼ + stars: | 2023-10-31 | by ( Sam Nussey | ) www.reuters.com time to read: +2 min

The logo of Powerchip Semiconductor Manufacturing Corp's Japanese business in pictured in Tokyo, Japan July 21 2023. "Japan has to have its own supply chain," Powerchip founder and Chairman Frank Huang told reporters. Powerchip said it aimed to manufacture micro-controllers and power chips, which are needed for power management in electric vehicles, along with chips for artificial intelligence. The second phase, planned for two years later, aims to introduce 28-nanometre technology with targeted monthly output of 40,000 wafers. They aim to cut costs by making reference to plans for a Powerchip fab being built in Taiwan, and discussions are already taking place with construction firms.

Persons: Sam Nussey, Taiwan's TSMC, Frank Huang, Powerchip, David Dolan, Jamie Freed Organizations: Powerchip Semiconductor Manufacturing, REUTERS, Rights, Powerchip Semiconductor Manufacturing Corp, SBI Holdings, Reuters, Powerchip, SBI, Thomson Locations: Tokyo, Japan, Miyagi, Taiwan, Sendai, Hokkaido, Kyushu, chipmaking

☆ Meg Ryan returns to romantic comedies as star, writer and director
▼ + stars: | 2023-10-31 | by ( Rollo Ross | ) www.reuters.com time to read: +1 min

Actor Meg Ryan poses at the Academy Museum of Motion Pictures gala in Los Angeles, California, U.S. September 25, 2021. Eight years after her last Hollywood film, Ryan stars in "What Happens Later" as Willa, a woman who reunites with a former partner ("X-Files" star David Duchovny) when they are both snowed in at an airport. Ryan said she spent three years working to bring the project to the screen. "What Happens Later" is among several films from independent production companies to receive waivers from the SAG-AFTRA actors union, meaning the actors were free to speak about the movie despite the ongoing strike. "You never got the sense that she was overwhelmed or feeling the pressure, which I'm sure she was from time to time."

Persons: Meg Ryan, Mario Anzuoni, Harry Met Sally, Ryan, Willa, David Duchovny, Duchovny, Ryan's, Meg, Lisa Richwine, David Gregorio Our Organizations: Academy Museum of Motion Pictures, REUTERS, SAG, Thomson Locations: Los Angeles , California, U.S, Seattle

☆ Alphabet CEO Sundar Pichai defends Google's search deals in antitrust trial
▼ + stars: | 2023-10-30 | by ( Lauren Feiner | ) www.cnbc.com time to read: +5 min

The lack of competition in general search tools, the government argues, deprives consumers of improved quality and choice. In that version, Microsoft planned to build search into its toolbar so that users did not need to download separate extensions to search from that part of the browser. The search engine for that module would be determined by whatever users picked in the previous version of IE. Pichai testified that to his knowledge, "not a single user" used the IE setting in the earlier version of the browser to change the search engine from Microsoft's. Google had "proposed instead that users be prompted to select the default search provider the first time they use the inline search feature," Drummond wrote in the 2005 letter.

Persons: Sundar Pichai, Pichai, Google's, David Drummond, Microsoft's, Brad Smith, Drummond, Meagan Bellshaw, Bellshaw Organizations: Apple, of Justice, Google, Microsoft

☆ Arts Calendar: Happenings for the Week of October 29
▼ + stars: | 2023-10-29 | by ( Wsj Arts In Review Staff | ) www.wsj.com time to read: 1 min

An orca hunts down a group of mobula rays in the Gulf of California in ‘Planet Earth III’ Photo: BBC AmericaFilm• “What Happens Later” (Nov. 3): Meg Ryan is in the director’s chair for only the second time in her career, helming this romcom. She also stars alongside David Duchovny as a pair of exes who bump into each other at the airport and reconnect after a flight delay. • “All Dirt Roads Taste of Salt” (Nov. 3): The beauty and hardships of growing up black in rural Mississippi are explored in Raven Jackson’s debut feature, which follows a girl from youth to adulthood.

Persons: Meg Ryan, David Duchovny, Raven Organizations: BBC America Locations: Gulf of California, Mississippi

☆ Meg Ryan Wrestles With the Rom-Com
▼ + stars: | 2023-10-28 | by ( Melena Ryzik | ) www.nytimes.com time to read: +1 min

Meg Ryan was hurting. A two-hander opposite David Duchovny, it distills moviedom conventions and plays with a different emotional palette; Ryan grappling with her own cinematic brand. It is only her second foray behind the camera and the first time she has appeared onscreen in seven years. “I feel like I had the ride, the Hollywood ride,” she said over a restorative soup lunch on a foggy day. So I don’t have giant ambitions to be back in that.”

Persons: Meg Ryan, ”, David Duchovny, hasn’t Locations: Montecito, Calif, Persevering

☆ Japan's Denso to invest $3.3 billion to bulk up chips business
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +1 min

Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsTOKYO, Oct 26 (Reuters) - Japanese automotive supplier Denso (6902.T) will invest about 500 billion yen ($3.3 billion) in semiconductors by 2030 as aims to triple the scale of its chips business by 2035 from current levels, the company's president said on Thursday. Thus, we will forge strategic partnerships with various companies," Denso President Shinnosuke Hayashi said at the Japan Mobility Show, which officially opened on Thursday. The company will hire new employees to specialise in electrification and software and also move staff from mature businesses to electrification and software, he said. ($1 = 150.1900 yen)Reporting by Daniel Leussink; Editing by David Dolan, Jamie Freed and Edwina GibbsOur Standards: The Thomson Reuters Trust Principles.

Persons: Florence Lo, Shinnosuke Hayashi, Daniel Leussink, David Dolan, Jamie Freed, Edwina Gibbs Organizations: REUTERS, Rights, Denso, Toyota, Taiwan Semiconductor Manufacturing, Sony, Japan, Thomson Locations: Japan

☆ Western Digital and Japan's Kioxia call off merger talks - Nikkei
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Ann/File photo Acquire Licensing RightsTOKYO, Oct 26 (Reuters) - Western Digital Corp (WDC.O) and Japan's Kioxia Holdings have broken off talks to create one of the world's biggest chipmakers, the Nikkei newspaper reported on Thursday. The companies were also unable to agree on conditions with top Kioxia shareholder Bain Capital, the report added. Western Digital, Kioxia and Bain Capital did not immediately respond to Reuters' requests for comment. Shares of Western Digital sank 12% on the news. Kioxia and Western Digital have held merger talks since 2021 but the negotiations have often stalled over a series of issues, including valuation discrepancies.

Persons: David Dolan, Aditya Soni, Juby Babu, Chavi Mehta, Shweta Agarwal Organizations: Taipei, REUTERS, Rights, Western Digital Corp, Japan's Kioxia Holdings, Nikkei, SK Hynix, Bain Capital, Samsung Electronics, South Korean SK Hynix, Kioxia, Western Digital, Western, Thomson Locations: Taipei, Taiwan, U.S, Kioxia, Bengaluru

☆ Toyota aims to put 1,000 km-range Lexus EV on the road by 2026
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Issei Kato/File Photo Acquire Licensing RightsTOKYO, Oct 25 (Reuters) - Toyota unveiled a Lexus concept car with a roughly 1,000 kilometre range on Wednesday that it aims to roll out by 2026, part of the Japanese automaker's strategic pivot to EVs reliant on advanced battery technology. The LF-ZC concept car, which debuted at the Japan Mobility Show, uses "prismatic, high-performance" batteries that achieve around twice the range of conventional EVs - or around 1,000 kilometres (620 miles). The low-sitting LF-ZC sports an expansive cockpit and uses advanced AI technology that Toyota has dubbed "Butler". The AI system is able to identify preferences that drivers may not be aware of themselves, Toyota said. Toyota has committed to having battery EVs account for 100% of global sales of the luxury Lexus brand by 2035.

Persons: BEV, Toyota Takero Kato, Simon Humphries, Issei Kato, Butler, Maki Shiraki, Daniel Leussink, David Dolan, David Holmes Organizations: Toyota, Lexus, Japan, REUTERS, Rights, Thomson Locations: Tokyo, Japan

☆ Sony Honda Mobility could procure EV batteries from US, president says
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: 1 min

[1/4] Sony Honda Mobility's President Izumi Kawanishi poses during the Japan Mobility Show 2023 at Tokyo Big Sight in Tokyo, Japan October 25, 2023. REUTERS/Issei Kato Acquire Licensing RightsTOKYO, Oct 25 (Reuters) - Sony (6758.T) and Honda's (7267.T) automotive joint venture could procure batteries for its new Afeela electric vehicle from the United States where Honda is building a factory, the president of Sony Honda Mobility told Reuters on Wednesday. Izumi Kawanishi made the comment on the sidelines of the Japan Mobility Show in Tokyo, which opened to the press a day ahead of its official opening. Reporting by Daniel Leussink; editing by David DolanOur Standards: The Thomson Reuters Trust Principles.

Persons: Izumi Kawanishi, Issei Kato, Daniel Leussink, David Dolan Organizations: Sony Honda, Japan, REUTERS, Rights, Sony, Honda, Sony Honda Mobility, Reuters, Thomson Locations: Tokyo, Japan, United States

☆ Subaru CEO: working with suppliers to lower procurement risks of EV battery materials
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

[1/4] Representative Director, President and CEO at Subaru Atsushi Osaki unveils the Sport Mobility Concept and Air Mobility Concept vehicles during a press day of the Japan Mobility Show 2023 at Tokyo Big Sight in Tokyo, Japan October 25, 2023. REUTERS/Issei Kato Acquire Licensing RightsTOKYO, Oct 25 (Reuters) - Japan's Subaru (7270.T) is working with suppliers to decrease risks related to procuring materials used in electric-vehicle batteries, it chief executive said on Wednesday, as automakers grapple with China's move to curb exports of graphite. We want to procure resources while considering various risk hedges," Chief Executive Atsushi Osaki told reporters on the sidelines of the Japan Mobility Show, which opened to the press on Wednesday, a day ahead of its official start. "We are working with suppliers to come up with measures to deal" with the risks, he said. Reporting by Maki Shiraki and Daniel Leussink; Writing by David Dolan; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

Persons: Atsushi Osaki, Issei Kato, Subaru, China's, Maki Shiraki, Daniel Leussink, David Dolan, Jacqueline Wong Organizations: Mobility, Japan, REUTERS, Rights, Thomson Locations: Tokyo, Japan, China

"Some are still just coming down that final stretch to open, especially for the fall-winter season, but we've come a long way and town is ready for the winter season. “We’re open for business and ready to go,” Mark Verespy, owner of The Killarney pub, said of the town. He isn’t sure yet what he will do with the flood-damaged Mr. Darcy’s Bar & Burger next door, but if he rebuilds, it won’t be ready for the winter season. After the flooding, Okemo, which sits on higher ground, was able to reopen its bike park, summer camp and scenic lift rides in late July. Now it’s preparing for the winter season and plans to start snowmaking next month.

Persons: Ludlow, Brendan McNamara, we've, Mark Verespy, McNamara, Troy Caruso, Darcy’s, ” Caruso, snowmaking, ” Courtney DiFiore, you’d, they’d, ”, David Del Tufo, It’s, Lisa Del Tufo, —, “, we’re Organizations: Vail Resorts, “ Locations: LUDLOW, Vt, Vermont, ” Ludlow, Killarney, “

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