Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on iTunes, Stitcher and SoundCloud (click the highlighted links).
Carlos Ghosn, who heads the global alliance of Renault (RNSDF), Nissan (NSANF) and Mitsubishi (MMTOF), has been arrested in Tokyo over a suspected breach of Japanese financial trading law, Yomiuri reports. Nissan alleges Ghosn under-reported his income for years and said he will be dismissed for "serious misconduct." Shares of Renault, where Ghosn is CEO, plunged as much as 13% in Paris, while Nissan global depositary receipts sank