Nissan chairman dismissed amid claims of financial misconduct
Nissan Motor Co. has confirmed that its board of directors voted unanimously to dismiss Carlos Ghosn as its chairman after he was arrested on suspicion of falsifying financial reports and other misconduct.
Ghosn’s arrest casts doubt on Renault-Nissan alliance future
Nissan's board is to meet Thursday to consider Ghosn's fate. Renault, where Ghosn is also CEO, said its board will hold an emergency meeting soon.
Nissan chair arrested over financial misconduct allegations
Ghosn is being accused of under-reporting income, using investment funds for personal gain and illicit use of company expenses.
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Microsoft’s president says global cyberattack is a ‘wakeup call’
A global ransomware attack has hit more than 200,000 victims, such as hospitals and schools, in more than 150 countries since Friday. The virus takes advantage of a security flaw in Microsoft's Windows operating system, which the company patched in…
In our News Wrap Wednesday, Hezbollah rocket fire killed two Israeli soldiers on the Israel-Lebanon border. The Israeli military fired back with airstrikes and artillery fire. Also, Loretta Lynch, President Obama’s nominee to be the next attorney general, went before…
The U.S. government recently issued an immediate recall for more than 4.7 million vehicles that were installed with defective airbags. However, the consumer website that lists vehicle identification numbers included in the recall did not appear to be working on…
Nissan will recall more than 226,326 additional vehicles due to faulty air bags, the National Highway Traffic Safety Administration announced Saturday, expanding on a March recall of more than 900,000 vehicles.
Honda and Toyota have issued recalls due to problems related to airbag inflators manufactured by Takata Corp.
News Wrap: Senators Finish Work on Major Aspects of Immigration Reform Bill…
