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BUSINESS
July 10, 1989 | Associated Press
Six of the 10 richest people in the world are Japanese but the United States still leads the world in the total number of billionaires, according to estimates compiled by Forbes magazine. For the third straight year, Yoshiaki Tsutsumi led Forbes' list of private billionaires even though his wealth wasn't reported to be quite as great as had been estimated 12 months ago.
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BUSINESS
May 31, 1989 | From United Press International
Americans act "as if they have measles and are suffering from a high fever" when they talk about the FSX jet fighter and Japanese motives in the project, a senior executive with Mitsubishi Heavy Industries said today. Mitsubishi, the chief contractor for the FSX project, has no intention of ever selling the FSX technology developed with the United States or using it to develop their own commercial aircraft, said Takaaki Yamada, executive vice president in charge of aviation. Yamada said Americans should concentrate on making their industry more competitive instead of attacking Japan.
CALIFORNIA | LOCAL
September 8, 1994 | RUSS LOAR
Only four hours after two tiny, twin sisters prematurely entered the world Wednesday, they were awash in a sea of oohs and aahs from a handful of young Japanese nurses who spent the day touring UC Irvine Medical Center. Fifteen Japanese midwives are spending the week learning the medical and cultural differences between the two countries. One of their first revelations about American health care? Nurses wear pants. In Japan, they say, only dresses are allowed.
BUSINESS
October 6, 1991
There's been a great deal of coverage lately on Japanese securities firms' practice of reimbursing clients for stock market losses. Much to my astonishment, this practice has been viewed with horror. It has been denounced by the government, spurred public apologies by several firms and prompted the resignation of senior officials. From my point of view, which would certainly be supported by many other investors, this is just another example of Japanese leadership in service to the public.
FOOD
June 15, 1989 | BARBARA HANSEN, Times Staff Writer
The menu may be Western, but Greco, a new restaurant-bar in Little Tokyo, is thoroughly Japanese. This smartly designed space functions primarily as a nightclub with kimono-clad hostesses. Businessmen entertain clients there, and Japanese expatriates drop in to relax from the strain of speaking English and to experience the ambience of home. Some nights there is jazz piano; other nights, a pianist-singer encourages the customers to perform. For the first few weeks after opening in March, Greco maintained an ambitious schedule of lunch, afternoon tea, cocktails, dinner and hostess club.
ENTERTAINMENT
September 29, 1990 | ALLAN PARACHINI, TIMES STAFF WRITER
The Westwood art museum being built to honor industrialist Armand Hammer--limited in money it can get from Occidental Petroleum Corp. by a court settlement--is attempting to secure $13 million from an unidentified Japanese corporation, according to newly released court documents and museum officials.
CALIFORNIA | LOCAL
June 29, 1993 | TERRY SPENCER
When the junior class at the prestigious International Business High School in Tokyo was planning its trip to California, the students contacted the city to volunteer for a community service project. Maybe we could work a day at an orphanage, the Japanese students suggested. Well, we really do not have any orphanages in this area, city officials said, but we do need help painting over graffiti. The students replied: What's graffiti?
REAL ESTATE
June 18, 1989
The 166-room Cliffs Hotel in Pismo Beach has been sold to a Japanese company for $20 million, according to All-Seasons Resource Group of Rancho Mirage, which handled the sale.
NEWS
December 4, 1996 | From Times Wire Reports
After tracking Nazi war criminals for 17 years, the Justice Department took its first action against Japanese army veterans suspected of medically experimenting on prisoners and operating forced sex camps during World War II. Sixteen men who served in the Imperial Army were barred from ever entering the United States.
BUSINESS
May 23, 1989 | From Times wire services
A record 8.43 million Japanese traveled abroad last year, up 23% from 6.83 million in 1987, due to the strong yen and a continued boom in tourism, a government report said today. The top destination was Hawaii, which drew 1.37 million Japanese, followed by Hong Kong, South Korea and Taiwan. The overseas travelers chalked up a $15.8-billion deficit in the 1988 balance of travel payments, against Japan's overall trade surplus of $95 billion.
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