Corporate legal affairs

Trader Fred DeMarco follows stock activity, Monday, Nov. 19, 2018, at the New York Stock Exchange. Big technology and internet companies came under heavy selling pressure again on Monday, leading to broad losses across the stock market. The Dow Jones Industrial Average briefly fell 500 points. (AP Photo/Mark Lennihan)
November 19, 2018 - 11:07 pm
BEIJING (AP) — Asian stocks slid Tuesday after tech losses dragged down Wall Street and Nissan's chairman was arrested on charges of financial misconduct. KEEPING SCORE: The Shanghai Composite Index fell 1 percent to 2,675.69 and Tokyo's Nikkei 225 lost 0.9 percent to 21,633.54. Hong Kong's Hang...
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FILE - In this May 12, 2016, file photo, head of Nissan Motor Co. Carlos Ghosn answers a question during their joint press conference in Yokohama, near Tokyo. Japanese media say Ghosn, Nissan Motor Co. chairman, is being questioned by Tokyo prosecutors on suspicion he falsified his financial reports. Nissan said Monday it was looking into the reports, while prosecutors declined comment.(AP Photo/Eugene Hoshiko, File)
November 19, 2018 - 7:38 pm
YOKOHAMA, Japan (AP) — Nissan Chairman Carlos Ghosn, who became one of the auto industry's most powerful executives by engineering a turnaround at the Japanese manufacturer, was arrested Monday and will be fired for allegedly underreporting his income and misusing company funds, the automaker said...
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FILE - In this Oct. 6, 2017, file photo, Renault and Nissan Motor Co.'s chairman Carlos Ghosn listens during a media conference outside Paris, France. Nissan Motor Co. says an internal investigation found that its chairman, Carlos Ghosn, has underreported his income. The auto company said he will be dismissed. (AP Photo/Michel Euler, File)
November 19, 2018 - 8:38 am
TOKYO (AP) — The Latest on Nissan Motor Co.'s chairman Carlos Ghosn and allegations he underreported income. (all times local): 10:30 p.m. Nissan Motor Co. CEO Hiroto Saikawa says the arrest of the Japanese automaker's chairman, Carlos Ghosn, shows power was too concentrated in one person. Saikawa...
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NASCAR President Steve Phelps speaks during a news conference before the NASCAR Cup Series Championship auto race at the Homestead-Miami Speedway, Sunday, Nov. 18, 2018, in Homestead, Fla. (AP Photo/Terry Renna)
November 18, 2018 - 1:13 pm
HOMESTEAD, Fla. (AP) — NASCAR is open to wholesale changes for 2020 that could include everything from doubleheaders, midweek races, a tightened schedule, shorter races, and even a potential shared event schedule with IndyCar. Steve Phelps, named president of the sanctioning body last month,...
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This Thursday, Nov. 8, 2018, satellite image provided by geology professor Jeff Chambers at the University of California, Berkeley, shows a short-wave infrared (red) image captured by Landsat 8 showing the full extent of the actively burning area of the Camp Fire about four hours after it started over the town of Paradise, Calif. The red patches are fires that leapfrogged in front of the primary burn front, which was growing at a rate of approximately 3 mph (5 kph). Multiple deaths have been reported and hundreds are unaccounted for in the nation's deadliest wildfire in a century. (Jeff Chambers/University of California, Berkeley via AP)
November 16, 2018 - 7:23 pm
SACRAMENTO, Calif. (AP) — Shares of Pacific Gas & Electric Co. soared Friday after California's top utility regulator said his agency will help the company deal with potentially crippling liability costs from wildfires. Stock prices soared 36 percent in midday trading after plunging 60 percent...
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Smoke hangs over the scorched remains of Old Town Plaza following the wildfire in Paradise, Calif., on Thursday, Nov. 15, 2018. The shopping center housed a Safeway and other businesses. (AP Photo/Noah Berger)
November 15, 2018 - 10:08 pm
SACRAMENTO, Calif. (AP) — A utility facing severe financial pressure amid speculation its equipment may have sparked a deadly Northern California wildfire asked U.S. energy regulators last month for permission to raise its customers' monthly bills to harden its system against wildfires and deliver...
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November 13, 2018 - 9:39 pm
SAN FRANCISCO (AP) — People who lost homes in California's deadliest and most destructive wildfire sued Pacific Gas & Electric Co. Tuesday, accusing the utility of negligence and blaming it for the fire. PG&E did not maintain its infrastructure and failed to properly inspect and manage its...
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FILE - In this July 7, 2017, file photo, Flipkart Group Chief Executive Officer and co-founder Binny Bansal poses during a photo call at the company's headquarters in Bangalore, India. Bansal, the co-founder of Flipkart, the massive online retail operation in India acquired by Walmart this year, is stepping down following an allegation of serious personal misconduct. Walmart, which purchased a $16 billion controlling stake in Flipkart Group in May, said Tuesday, Nov. 13, 2018, that an independent investigation done on behalf of both companies did not find evidence corroborating the allegation against Bansal, but it did reveal lapses in judgment on his part. (AP Photo/Aijaz Rahi, File)
November 13, 2018 - 7:54 am
NEW YORK (AP) — The co-founder of Flipkart, the massive online retail operation in India acquired by Walmart this year, has stepped down as CEO following an allegation of serious personal misconduct. Walmart, which purchased a $16 billion controlling stake in Flipkart Group in May, the largest...
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November 08, 2018 - 8:44 am
THE HAGUE, Netherlands (AP) — A North Korean worker who claims he is a victim of modern slavery in a Polish shipyard has filed a criminal complaint against a Dutch shipbuilder that bought products from the Polish firm, an activist group said Thursday. The Global Legal Action Network said in a...
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FILE - In this Dec. 21, 2016, file photo, The Trump International Hotel at 1100 Pennsylvania Avenue NW, is photographed in Washington. House Democrats are prepared to use their majority and subpoena power to go after all manner of financial records that could back up their claims that Donald Trump is using his presidency to enrich himself. Democrats hope there is a new day on such issues as foreign government spending at Trump properties, Trump’s foreign licensing deals and Trump ties to lobbyists. (AP Photo/Alex Brandon, File)
November 08, 2018 - 7:22 am
WASHINGTON (AP) — Beyond trying to get their hands on the Holy Grail of President Donald Trump's business dealings — his tax returns — House Democrats are prepared to use their new majority and subpoena power to go after financial records that could back up their claims that he's using his...
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