Ghosn Arrested as Nissan Plans Ouster for False Pay Filings

Nissan Chairman Carlos Ghosn was arrested in Tokyo, and Nissan said it intended to oust him after uncovering "significant acts" of financial misconduct, including underreporting his income in securities filings.

 
Apple Stock at Risk of Entering Bear-Market Territory

Apple stock is at risk of closing in a bear market, a worrisome sign for investors questioning whether the U.S. stock rally can regain its footing without leadership from the technology sector.

 
Paulson Agrees to Buy Stake in Asset Manager From HNA

John Paulson's hedge fund agreed to buy a stake in $238 billion asset manager BrightSphere from HNA Group Co.

 
Aramco Abandons Plan for Massive Corporate-Bond Sales to Fund Sabic Deal

Saudi Aramco no longer plans to launch what would have been one of the world's largest-ever corporate-bond sales to fund a roughly $70 billion stake in the kingdom's national petrochemical firm, looking instead to options requiring less public disclosure

 
GE Veteran John Rice Returns to Troubled Power Unit

General Electric said one of Jeff Immelt's top lieutenants was returning to the company to help oversee a restructuring at its power division.

 
Hedge Fund Offers Truce to Save Sears Swaps Wager

One of Sears Holdings's largest creditors is offering a settlement to dissuade the bankrupt retailer from launching an unusual bidding war that could upend a credit-derivative bet.

 
David's Bridal Files for Chapter 11 Bankruptcy Protection

Bankruptcy filing is part of a $400 million debt-slashing deal with top lenders

 
Colfax to Buy DJO Global from Blackstone Funds for $3.15 Billion

Industrial-technology company Colfax is buying DJO Global, a medical technology firm, from Blackstone-managed private equity funds for $3.15 billion in cash, Colfax said.

 
Vanguard Ratchets Up Index-Fund Price Battle

Vanguard Group is lowering the minimum amounts customers need to invest to get cheaper prices on more than three dozen of its index funds.

 
Xiaomi Swings to Profit

Rising sales of higher-end smartphones helped Chinese smartphone maker Xiaomi post a profit in the third quarter, as revenue soared.

(END) Dow Jones Newswires

November 19, 2018 13:00 ET (18:00 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.