Former Nissan Chairman Carlos Ghosn has reached a civil settlement with the U.S. Securities and Exchange Commission to resolve its investigation of alleged violations of U.S. securities laws, Ghosn’s lawyers said in a statement on Monday.
Prosecutors have opened a criminal probe into an incident in which Credit Suisse allegedly hired private detectives to shadow the Swiss bank’s ex-wealth management head, Iqbal Khan, the Zurich attorney’s office said on Monday.
The chief of the U.S. Federal Aviation Administration is set to detail on Monday progress on the Boeing 737 MAX aircraft to international air regulators who are divided about returning the grounded jet to flight after two fatal crashes.
When asked about reports General Motors Co may turn its shuttered Lordstown, Ohio, plant into a battery factory, “Buffalo” Joe Nero snorts and points at the vast complex that until six months ago made the Chevrolet Cruze.
U.S. stocks pared early losses on Monday after a better-than-expected manufacturing survey reinforced confidence in the domestic economy.
The collapse of travel operator Thomas Cook is set to result in a bumper pay day for a clutch of hedge funds who bet the company’s share price would fall.
The price of We Company’s 7.875% May 2025 junk bond fell 1.1% on Monday morning, MarketAxess data showed, following reports from sources that investor SoftBank Group is exploring ways to replace Adam Neumann as chief executive of the WeWork parent.
Holidaymakers hit by the collapse of Thomas Cook , the world’s oldest tourist firm, desperately scrambled for information on Monday on how to get home, as Britain mounted its largest repatriation effort since World War Two.
Oil stabilized near $64 a barrel on Monday, after gaining nearly 7% last week, due to prospects of a faster-than-expected full restoration of Saudi oil output and pressured by fresh signs of European economic weakness.
Shares in Brazilian planemaker Embraer fell more than 1% at the open on Monday, following a Reuters report that Boeing is set to face a European Union antitrust investigation into its bid for a controlling stake in Embraer’s commercial aircraft arm.
Online banks, such as Ally Financial Inc and Capital One Financial Corp , are expected to take a bigger chunk of the overall U.S. deposit market, after racking up $95 billion in customer deposits this year with enticing yields on most savings accounts.
U.S. stock indexes were set to open slightly lower on Monday as investors were cautious about progress in Sino-U.S. trade talks and waited for a slew of economic reports to gauge the health of the domestic economy.
U.S.-Israeli media magnate Haim Saban on Monday said he would give up control in Israeli mobile phone operator Partner Communications after failing to secure better terms on a loan he used to pay for the stake.
The world’s oldest travel firm Thomas Cook collapsed on Monday, stranding more than half a million holidaymakers around the globe and sparking the largest peacetime repatriation effort in British history.
Thomas Cook will be sold as a whole or in parts after its collapse, the company’s second-largest shareholder said on Monday, adding he would see what is offered before deciding whether to buy more assets.
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