A mochi seller in Kyoto, and many of Japan’s other centuries-old businesses, have endured by putting tradition and stability over profit and growth.
Tag: Family Business
Indian Billionaires Bet Big on Head Start in Coronavirus Vaccine Race
The world’s largest vaccine producer, the Serum Institute, announced a plan to make hundreds of millions of doses of an unproven inoculation. It’s a gamble with a huge upside. And huge risks.
Family Behind Krispy Kreme Donates Millions to Holocaust Survivors
Grappling with their company’s history of Nazi support, the Reimanns, one of Germany’s richest families, have pledged 5 million euros to Holocaust survivors and 5 million more to forced laborers.
Donald Trump Jr., in Indonesia, Defends Family’s Global Business
On a trip to promote Trump-branded resorts, the president’s son said his father “wouldn’t make decisions on a country based on a real estate deal.”
Germany’s Second-Richest Family Discovers a Dark Nazi Past
The Reimann family, with stakes in well-known brands like Krispy Kreme and Pret A Manger, have discovered that their predecessors used forced laborers.