Business / Corporate Jul 10, 2020
Ghosn’s alleged escape accomplices denied bail by U.S. judge
The Taylors have argued that the arrest warrants don’t justify extradition because helping someone jump bail isn’t a crime under the Japanese penal code.
Business / Corporate Jul 8, 2020
Carlos Ghosn wired $860,000 to alleged escape plotters, U.S. says
According to prosecutors, the payments from Ghosn show the Taylors have the financial means to escape and should be considered flight risks.
Business / Corporate Jul 7, 2020
Nissan secures ¥832.6 billion to shore up position amid pandemic
Japan's No. 2 automaker is struggling to recover profitability after posting its first annual loss in 11 years.
National / Crime & Legal Jul 6, 2020
Carlos Ghosn’s accused escape plotters tap lobbyists in bid to avoid extradition to Japan
Lawyers and lobbyists for the two men have pressed their case before the U.S. Justice Department and State Department, as well as lawmakers.
Business / Corporate Jul 4, 2020
Turkish jet suspect testifies he cooperated with Carlos Ghosn escape under duress
MNG Jet's operations manager said he heard "screams of joy" in the background while being told the ex-Nissan boss was on board.
National / Crime & Legal Jul 3, 2020
Turkey puts pilots and others on trial for helping Ghosn flee Japan
The pilots and an airline official face prison terms of eight years each if convicted.
Business / Corporate Jul 3, 2020
Japan asks U.S. to extradite two men accused of helping Carlos Ghosn escape
The two were arrested in Massachusetts in May for their alleged involvement in the dramatic escape of the fallen auto industry giant in late December.
Business Jun 29, 2020
Japanese automakers' domestic output plunged 62% in May amid pandemic
The decline was worse than the previous record fall of 60.1 percent in April 2011, when a massive earthquake and tsunami struck northeastern Japan.
Business / Corporate Jun 29, 2020
Nissan execs face off with angry shareholders over red ink and Carlos Ghosn scandal
CEO Makoto Uchida said he is giving up half his pay amid plunging sales and plant closures in Spain and Indonesia but promised a recovery by 2023.
Business / Corporate Jun 18, 2020
Money-losing Mitsubishi Motors says top execs to take pay cuts
After the ¥25.8 billion loss from the previous year and the damage from the pandemic, the automaker has also canceled dividends.
Business / Corporate Jun 18, 2020
More trouble at the top for Nissan, as COO Ashwani Gupta captures attention
by Norihiko Shirouzu
Allies of the chief operating officer are pressing the board to promote him to co-CEO, so he can drive the turnaround plan he is said to have engineered.
Business / Corporate Jun 17, 2020
Ghosn’s accused escape artists will flee if on bail, U.S. warns
The Taylors’ lawyers argue that bail jumping isn’t a crime in Japan and have asked the judge to toss out the warrant.