Business

US SEC charges Nissan, ex-CEO Ghosn with hiding $140m from investors

He has maintained that he is innocent. Nissan shares aren't traded on USA markets, but as Reuters noted earlier this year, the carmaker "has American Depository Receipts traded on the U.S. It said it had taken actions to prevent problems from recurring, including setting up a new governance structure. The automaker said it has amended all its affected financial reports.

Business

Pelosi plans announcement as calls to impeach Donald Trump intensify

Now Shokin's dismissal, and Ukraine itself, is at the center of a political whirlwind in Washington that is buffeting Donald Trump's presidency and playing into the 2020 White House race. That whistleblower's complaint - which was deemed "urgent" and credible by the intelligence inspector general - has been demanded by Democrats in Congress, but the White House and Department of Justice have refused to provide it.

Business

Britain, France, Germany blame Iran for Saudi attack

Iranian President Hassan Rouhani , who is also at the U.N. General Assembly meeting in NY, denied Iranian responsibility for the attacks , and will reportedly meet with the European leaders in the coming days, as well as with U.S. "The time has come for Iran to accept negotiation on a long-term framework for its nuclear program as well as on issues related to regional security, including its missiles program and other means of delivery", Britain , France and Germany said in a ...

Business

European leaders blame Iran for Saudi attack, call for dialogue

He said the U.K. would consider taking part in a US -led military effort to bolster the Gulf kingdom's defenses, while Iran's president announced plans for a rival Iranian-led security coalition. President Hassan Rouhani sits at the Mehrabad airport pavilion before leaving Tehran for NY to attend the UN General Assembly, on Monday. Johnson also said Britain will work to calm Middle East tensions.

Business

WeWork boss Adam Neumann faces bid to oust him as chief executive

Early documentation for the IPO said Neumann's shares would carry 20 times the votes of ordinary shares and that his wife, co-founder Rebekah Paltrow Neumann, would be involved in picking his successor in the event of his death. The exact number of directors opposed to Neumann is not clear. Even still, Neumann retains a controlling stake. Other shareholders are calling for an inquest into Neumann's use of company money and whether he took drugs while working, the Times said.

Business

A Letter from UAW-GM Vice President Terry Dittes to Members

About 70 Oshawa workers were on the job on Friday, stamping hoods and fenders that are being stockpiled until production resumes. Thousands of Canadian auto industry workers have been furloughed, with more temporary layoffs coming as negotiations on a new labor contract between General Motors and the United Auto Workers drags into its fifth day.


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