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1 Article
Source: The Guradian

Carlos Ghosn received £6.9m in 'improper' payments, says Nissan

Friday 14:30 GMT

Nissan and Mitsubishi have accused their former chairman, Carlos Ghosn, of receiving €7.8m (£6.9m) in “improper payments” from a joint venture between the Japanese carmakers without consulting other board members. The companies said they would try to recover the money from Ghosn, alleging the payments amounted to “misconduct”.

They allege that Ghosn and another Nissan executive who was arrested in Japan, Greg Kelly, explored “paying undisclosed compensation” to the former shortly after he spearheaded the addition of struggling Mitsubishi to the three-way carmaking alliance between Nissan, Mitsubishi and France’s Renault.

1 Article
Source: The Week

When to start taking Social Security: A guide

Friday 18:11 GMT

Another more recent change: an increase in the amount of money a worker younger than full retirement age can earn before he or she has Social Security benefits reduced.

For example, if you were born in 1960 or after, your full retirement age is 67, at which point you receive 100 percent of your benefit; if you take Social Security at 64, your payments are 20 percent lower than full value, and at age 66, they are 6.7 percent lower.

1 Article
Source: Common Domain

Nissan, Mitsubishi Say Ghosn Received $8.9 Million in Improper Payments

Saturday 08:04 GMT

Nissan Motor Co. NSANY 0.66% and Mitsubishi Motors Corp. said Carlos Ghosn improperly received nearly $9 million from a Dutch entity the car makers jointly owned, a rare public statement outlining specific allegations against the former chairman of both companies.

“Nissan views the payments Ghosn received from [Nissan-Mitsubishi BV] to be the result of misconduct, and will consider measures to recover from Ghosn the full sum,” a Nissan statement said.

1 Article
Source: Common Domain

Nissan, Mitsubishi Say Ghosn Received $8.9 Million in Improper Payments

Saturday 08:04 GMT

Nissan Motor Co. NSANY 0.66% and Mitsubishi Motors Corp. said Carlos Ghosn improperly received nearly $9 million from a Dutch entity the car makers jointly owned, a rare public statement outlining specific allegations against the former chairman of both companies.

“Nissan views the payments Ghosn received from [Nissan-Mitsubishi BV] to be the result of misconduct, and will consider measures to recover from Ghosn the full sum,” a Nissan statement said.


“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte