scandals

Hiroto Saikawa's tone bordered on defiant on Sept. 8 when discussing his future as chief executive officer of Nissan Motor Co. He accepted responsibility for the Carlos Ghosn scandals and said he'd resign after a successor was found, but he wasn't taking the fall ...

With Nissan Motor Co. CEO Hiroto Saikawa stepping down on Monday, the focal point will be on whether the automaker can swiftly escape from confusion over corporate governance under a new top management. Saikawa is slated to resign to take responsibility for revelations that he ...

Japan Post Bank improperly sold investment trust products to elderly customers in violation of its rules in a total of some 20,000 cases, sources have revealed. An investigation by the unit of Japan Post Holdings Co. newly identified some 2,000 cases of improper sales of ...

Less than a year since the dramatic downfall of Carlos Ghosn, Nissan Motor Co. is losing another leader. Chief Executive Officer Hiroto Saikawa was asked by the board on Monday to step down within seven days. He will be replaced by Chief Operating Officer Yasuhiro ...

Nissan Motor Co. has announced that CEO Hiroto Saikawa will step down next Monday, which will likely add another layer of dark clouds over the viability of the Yokohama-based automaker already mired in low profits, waning trust in corporate governance and a shaky alliance ...

An embattled law professor began his duty as South Korea's justice minister after receiving presidential approval on Monday, despite an ongoing probe by state prosecutors into alleged misconduct by his wife. Cho Kuk was appointed to the role by President Moon Jae-in, the presidential Blue ...

Nissan Motor Co. CEO Hiroto Saikawa, whose tenure has been rocked by a scandal leading to the downfall of one of the most charismatic leaders in Japanese business and raising serious questions over the company's corporate governance, has expressed his intention to step down, ...

The Massachusetts Institute of Technology said Saturday that Joichi Ito had resigned as director of the MIT Media Lab amid concern over his financial ties with disgraced late financier Jeffrey Epstein. Ito, a Japanese national, had been under pressure to step down following revelations he'd ...

Nissan Motor Co.'s internal investigation into former Chairman Carlos Ghosn's alleged financial misconduct has been completed and the results will be reported to its board meeting next week, sources close to the matter said Saturday. Nissan, which will convene the meeting on Monday, will consider ...

Nissan Motor Co.’s internal investigation into former Chairman Carlos Ghosn’s alleged financial misconduct has been completed and the results will be reported to its board meeting this coming week.

U.S. President Donald Trump doesn't make mistakes. At least according to him. Trump's relentless justifications of his erroneous warnings that Hurricane Dorian was threatening Alabama on Sunday, which created days of ridicule and skepticism, are just the latest example of the president's lifelong reluctance to ...