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FILE - In this Sept. 15, 2020, file photo, former Nissan Motor Co. executive Greg Kelly arrives for the first trial hearing at the Tokyo District Court in Tokyo. The defense for Kelly began its cross-examination Tuesday, Nov. 10, 2020, asserting innocence, in a Japanese criminal trial over the alleged under-reporting of former Chairman Carlos Ghosn’s pay. (Kiyoshi Ota/Pool Photo via AP, File)

Defense begins questioning in Japan trial over Ghosn's pay

Nov. 11, 2020 5:34 AM EST

TOKYO (AP) — The defense team for former Nissan executive Greg Kelly began questioning a key prosecution witness in a Tokyo court this week, seeking to show the alleged underreporting of income of his boss Carlos Ghosn was devised by others at the automaker. Since the trial began in September, Kelly has...

OxyContin maker Purdue Pharma to plead to 3 criminal charges

Oct. 21, 2020 4:01 PM EDT

WASHINGTON (AP) — Drugmaker Purdue Pharma, the company behind OxyContin, the powerful prescription painkiller that experts say helped touch off an opioid epidemic, will plead guilty to federal criminal charges as part of a settlement of more than $8 billion, the Justice Department announced Wednesday. ...

Ex-IMF chief acquitted in Spanish bank stock listing case

Sep. 29, 2020 4:52 PM EDT

MADRID (AP) — Spain’s National Court has acquitted 34 people who were tried over the stock market listing of financial firm Bankia, including former International Monetary Fund chief Rodrigo Rato. Rato, who is serving a 4 1/2-year prison sentence for a separate case involving the misuse of Bankia's...

FILE - In this Sept. 15, 2020, file photo, former Nissan Motor Co. executive Greg Kelly arrives for the first trial hearing at the Tokyo District Court in Tokyo. A Nissan employee testified Tuesday, Sept. 29, 2020 that he worked with another former Nissan executive, American Greg Kelly to find ways to pay the automaker's former chairman, Carlos Ghosn without fully disclosing his compensation. (Kiyoshi Ota/Pool Photo via AP, File)

Nissan employee testifies against American on trial in Japan

Sep. 29, 2020 4:22 PM EDT

TOKYO (AP) — A Nissan employee testified Tuesday that he worked with another former Nissan executive, American Greg Kelly to find ways to pay the automaker's former chairman, Carlos Ghosn without fully disclosing his compensation. Toshiaki Ohnuma, a star witnesses for the prosecution, described to the...