Toyota pours $22bn into R&D as Apple and Google close in

Toyota plans to shell out a record 2.45 trillion yen ($22.3 billion) on R&D and capital spending this fiscal year as the advent of technologies such as self-driving cars forces the automaker to compete with deep-pocketed tech giants such as Apple and Google.

Blockchain Is About to Revolutionize the Shipping Industry

Globalization has brought the most advanced trading networks the world has seen, with the biggest, fastest vessels, robot-operated ports and vast computer databases tracking cargoes. But it all still relies on millions and millions of paper documents. That last throwback to 19th century trade is about to fall. A.P. Moeller-Maersk A/S and other container shipping lines have teamed up with technology companies …