Executive changes

November 25, 2018 - 9:08 pm
TOKYO (AP) — The board of Mitsubishi Motors is meeting to decide whether to oust Carlos Ghosn as chairman at the Japanese automaker, which is allied with Renault-Nissan. Ghosn was arrested a week ago on suspicion of under-reporting his income by millions of dollars for five years. Nissan Motor Co...
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FILE - In this Sept. 20, 2018, file photo, Deputy Chief of Staff for Communications Bill Shine, waits for President Donald Trump to walk to Marine One on the South Lawn of the White House in Washington. Shine has received many millions in severance from Fox New Channel’s parent company and is owed millions more in bonuses and options, a new financial disclosure report shows. The report released Friday, Nov. 23, 2018, shows that Shine received $8.4 in severance pay from 21st Century Fox after he left in May 2017. (AP Photo/Alex Brandon, File)
November 23, 2018 - 4:58 pm
WEST PALM BEACH, Florida (AP) — White House Deputy Chief of Staff for Communications Bill Shine has received millions of dollars in severance from Fox News Channel's parent company and is owed millions more, a new financial disclosure report shows. The report released Friday shows that Shine...
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A man pauses near a displayed Nissan car at a Nissan showroom in Tokyo Thursday, Nov. 22, 2018. The arrest of Nissan chairman Carlos Ghosn could extinguish any remaining hopes for a merger with key shareholder Renault, which the Japanese company's CEO has publicly opposed.(AP Photo/Eugene Hoshiko)
November 22, 2018 - 7:27 am
TOKYO (AP) — The Latest on Japanese automaker Nissan Motor Co.'s chairman Carlos Ghosn and allegations of financial violations against him (all times local): 9:25 p.m. Japanese media are reporting that Nissan Motor Co.'s board of directors voted to dismiss Carlos Ghosn as its chairman after he was...
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A man pauses near a displayed Nissan car at a Nissan showroom in Tokyo Thursday, Nov. 22, 2018. The arrest of Nissan chairman Carlos Ghosn could extinguish any remaining hopes for a merger with key shareholder Renault, which the Japanese company's CEO has publicly opposed.(AP Photo/Eugene Hoshiko)
November 22, 2018 - 5:10 am
TOKYO (AP) — Nissan's board of directors will meet Thursday to decide whether to dismiss its chairman Carlos Ghosn following his arrest on suspicion of underreporting his income. Earlier this week, alliance partner Renault voted to keep him as its chief executive but appointed Thierry Bollore, the...
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FILE- In this Jan. 16, 2018, file photo, the General Electric logo is displayed at the top of their Global Operations Center in the Banks development of downtown Cincinnati. General Electric is shuffling leadership at its power unit as it moves to split the division in its ongoing effort to slim down operations. (AP Photo/John Minchillo, File)
November 19, 2018 - 11:17 am
NEW YORK (AP) — General Electric is shuffling leadership in its struggling power unit, part of the company's ongoing effort to slim down operations. Power is GE's largest division, and it pulls in more than a third of the company's revenues. But demand for its key gas turbines has fallen as...
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People walk by an electronic stock board of a securities firm in Tokyo, Monday, Nov. 19, 2018. Asian shares were mostly higher Monday after a buying spree on Wall Street kept up investor optimism into a new week, despite continuing worries about trade tensions. (AP Photo/Koji Sasahara)
November 19, 2018 - 8:40 am
LONDON (AP) — Global stock markets traded in fairly narrow ranges Monday amid continuing trade tensions. French carmaker Renault saw its share price tank after partner Nissan accused its chairman of serious misconduct and announced plans to oust him. KEEPING SCORE: In Europe, France's CAC 40 was...
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November 17, 2018 - 2:51 pm
WASHINGTON (AP) — The chief executive of J.Crew Group Inc. is stepping down. The clothing retailer says in an announcement that the departure of James Brett, a retail veteran who took the top job in 2017, was by mutual agreement between Brett and the company's board of directors. In a statement,...
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November 16, 2018 - 7:39 pm
NEW YORK (AP) — The Pulitzer Prize Board has decided not to remove fiction writer Junot Diaz over sexual harassment allegations. The board announced Friday that an independent review "did not find evidence warranting" Diaz's departure and that the author would be "welcome" to complete his term,...
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A former dock facility is shown with old transfer bridges, with "Long Island" painted in large letters at Gantry State Park in the Long Island City section of Queens Borough in New York, Tuesday, Nov. 13, 2018. Amazon announced Tuesday it has selected the Queens neighborhood as one of two sites for its headquarters. (AP Photo/Bebeto Matthews)
November 14, 2018 - 1:18 am
NEW YORK (AP) — Much of the New York City neighborhood selected by Amazon for one of its new headquarters is in a federal "opportunity zone," a designation created by President Donald Trump's tax overhaul that offers developers potentially millions of dollars in capital gains tax breaks to invest...
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FILE - In this July 9, 2015, file photo, a Covergirl makeup product hangs on a display at a store, in Haverhill, Mass. CEO Camillo Pane at the cosmetics company Coty, that owns Covergirl and other brands, is leaving the company less than a week revealing supply chain problems that sent revenue plunging. (AP Photo/Elise Amendola, File)
November 12, 2018 - 9:33 am
NEW YORK (AP) — The top executive at the New York cosmetics maker Coty is leaving less than a week after revealing that significant supply chain problems sapped revenue during the first quarter. The company said Monday that CEO Camillo Pane, who led the company for two years, resigned for family...
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