Former Nissan Chairman Carlos Ghosn denies allegations against him: report

Former Nissan Chairman Carlos Ghosn, arrested last Monday on suspicion of financial misdoing, has denied the allegations against him, public broadcaster NHK reported Sunday.

Ghosn, who has not spoken publicly, has told investigators that he had no intention of underreporting his remuneration on financial documents and has denied allegations against him, NHK said, without giving sources.

Greg Kelly, a former Nissan executive arrested along with Ghosn on Monday, was quoted by NHK on Saturday as defending Ghosn’s compensation, saying it was discussed with other officials and paid out appropriately.

Crowds walk past a large sign displaying a Black Friday discount in midtown Manhattan on Friday in New York. The holiday shopping season presents a big test for the U.S. economy.Cecilia MalmstromPrecision instrument-maker Shimadzu Corp. has recently developed a machine that can analyze blood to detect early-stage colon cancer.

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