Nissan Board Chair Carlos Ghosn is on the verge of being ousted at the Japanese automaker after an internal investigation found that he had “underreported his compensation to the financial authorities for several years.” Ghosn, at the helm since 1999, was widely credited with turning around the once-struggling company – NYTimes and Bloomberg
The U.S. and China offered “conflicting visions for trade and security in the Asia-Pacific” at the APEC summit over the weekend, a dicey sign for the prospects of deescalating trade tensions between the countries in the near future – WSJ and Bloomberg
The Times gives us two very different reactions to its recent expose on Facebook, from a growing rift between the ‘book and D.C. [NYTimes] to a circling of the wagons at Zuck HQ – NYTimes
The SEC has reached settlements with two startups, Paragon Coin and CarrierEQ, that raised money last year through unregistered ICOs. The deals require the companies to “file audited financial statements and other disclosures about their businesses, providing the information that investors typically need to decide if a stock is a good investment” – WSJ and Law360
Disney’s about a heck of a lot more than theme parks these days. But it’s well aware of where its bread is buttered, and the parks are benefiting from a $24 billion investment over the next 5 years – NYTimes
J Crew CEO James Brett is out after just 16 months on the job thanks to an ongoing dispute with Mickey Drexler (the company’s longtime leader) and its board over strategy and concerns about Brett’s spending plans – WSJ and Bloomberg
A study by researchers at Stanford and Harvard has found that thousands of brokers have scrubbed their records clean of Finra complaints by customers and employers, “allowing them to hide information from potential investors” – WSJ
It’s officially bon voyage for Le Grand K, the “sleek cylinder of platinum-iridium metal” that had, since 1889, set the world standard for the kilogram. It’s all about the abstract constants of nature now – NYTimes and Marketplace
