Japan tax agency finds Ghosn used Nissan money for private use: report
Japan’s tax authorities have determined former Nissan Motor Co Ltd boss Carlos Ghosn used company money for private use, bolstering the automaker’s case that he diverted corporate funds for personal gain, the Yomiuri reported on Tuesday.
Australian regulator files lawsuit against Google for data collection
Australia’s consumer regulator filed a lawsuit against Alphabet Inc’s Google on Tuesday, alleging it misled consumers about how it was collecting, storing and using personal location data.
Oil prices edge lower ahead of inventory data
Oil prices edged lower in quiet trade on Tuesday as concerns about slower economic growth overshadowed signs of a thawing in the trade war between Washington and Beijing, while investors awaited U.S. inventory data.
Asia shares reach three-month peak as risk embraced
Asian shares scaled a three-month high on Tuesday after Wall Street hit all-time peaks amid hopes of progress in Sino-U.S. trade talks and for another dose of policy stimulus from the Federal Reserve this week.
California utility PG&E’s stock tumbles as wildfire spreads
Shares of bankrupt California power utility PG&E Corp extended losses on Monday as investors worried that its equipment might be responsible for wildfires spreading in northern California.
Google’s search for sales in cloud, hardware clip Alphabet profit
Google parent Alphabet Inc reported quarterly results on Monday that show costs continue to rise faster than revenue as the web search leader seeks to broaden its business, dampening Wall Street’s enthusiasm despite Google’s continued dominance in adv…
Justice Department issues grand jury subpoenas in J&J opioid probe: filing
Johnson & Johnson received grand jury subpoenas in August from the U.S. attorney’s office for the Eastern District of New York related to its opioid medication policies, the company said in a regulatory filing on Monday.
California regulator to investigate utilities’ mass fire-prevention power outages
California regulators said on Monday they will open a formal probe of whether utilities violated any rules by cutting power to millions of residents for days as a precaution during recent periods of high winds and heightened wildfire risks.
TSMC, GlobalFoundries settle patent disputes
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) and smaller contract chipmaking rival GlobalFoundries Inc on Monday agreed to dismiss all patent litigations between themselves and those that involve their customers.
GM, Toyota, Fiat Chrysler back Trump on California emissions challenge
Major automakers are siding with the Trump administration in its bid to bar California from setting its own fuel efficiency rules or zero-emission requirements for vehicles, the companies said in a filing with a U.S. appeals court late on Monday.
