|Nissan, Ghosn Charged With Underreporting His Compensation|
Japanese prosecutors on Monday indicted former Nissan Motor Chairman Carlos Ghosn on charges of underreporting his compensation on five years of Nissan’s financial reports, Kyodo News reported.
|Roche Executive to Be Named Gilead CEO|
Gilead Sciences is planning to hire industry veteran Daniel O’Day to take the helm and help the drug company revive sales and recover from a disappointing deal.
|Two British Banks Ensnared in Huawei Dispute|
Two large British banks are among those ensnared in the controversy over Huawei Technologies. The dispute escalated over the weekend after the Chinese government warned Canada it would face “severe consequences” if it didn’t release the Chinese telecom giant’s finance chief.
|GM Bids Farewell to Its Breakthrough Electric Car|
The Chevrolet Volt is headed to the scrap heap, but during its decade on the market the electric vehicle reflected the strengths and weaknesses of General Motors and auto making in Detroit.
|Uber-Lyft Showdown Shifts to Public Markets|
The race between Uber and Lyft to go public next year promises to extend their rivalry for customers to competition for global investors.
|Global Recession Alarms Aren't Ringing, Despite Market Mayhem|
Investors are growing anxious about the prospect of recession in developed countries, but many economic trends don’t fit with patterns that presaged previous downturns.
|Housing Slowdown Unnerves the Fix-and-Flip Crowd|
The pace of real-estate speculation is slowing, a sign of the darkening outlook in the U.S. housing market.
|IMF's Departing Chief Economist Issues a Rare Warning on U.S. Growth|
Maurice Obstfeld, the retiring chief economist of the International Monetary Fund, is on his way out the door with a warning that global growth is slowing and the U.S. will likely feel the drag as well.
|U.S. Hiring Slows as Wages Grow, Unemployment Holds at Multidecade Low|
Employers slowed their pace of hiring in November, but wage growth matched the highest rate in nearly a decade and unemployment held at the lowest rate since December 1969.
|Fed Weighs Wait-And-See Approach on Future Rate Rises|
Federal Reserve officials are considering whether to signal a new wait-and-see mentality after a likely interest-rate increase at their meeting in December, which could slow the pace of rate increases next year.