Japan said Monday it will pursue a criminal prosecution of former Nissan boss Carlos Ghosn despite his dramatic escape from the country. Speaking to reporters at her Tokyo office, Justice Minister Masako Mori said Ghosn’s attempt to avoid trial was unlawful. “It is clear that we don’t have any records of the defendant departing Japan, hence we believe that he left Japan illegally,” Mori said. Ghosn, the former chief of the Nissan-Renault auto alliance, fled the country a week earlier despite bei

MADRID, SPAIN – JANUARY 04: Spain’s interim Prime Minister Pedro Sánchez gestures during his speech during the investiture debate at the Spanish Parliament on January 04, 2020 in Madrid, Spain. Spain is on track to get a new government Tuesday, but its economic and political future remains uncertain. Socialist leader Pedro Sanchez is set to receive enough support at a parliamentary vote Tuesday that will put an end to almost one year of political uncertainty. As a result, another snap vote took

Pro Guaido lawmakers struggle with the national guard to enter the National assembly as Luis Parra swears in at the assembly building session as the new leader of the National Assembly in Caracas, Venezuela on January 05, 2020. The leader of Venezuela’s internationally-recognized government was violently blocked from entering parliament, as the embattled administration of President Nicolas Maduro installed a new head of Congress. Juan Guaido, who had used his position as leader of the opposition

“Lethal conflict” between Iran and the U.S. is a risk in 2020, but the scale of the threat posed by Tehran could be overexaggerated, according to Eurasia Group. In a note on Monday, Eurasia Group President Ian Bremmer and Chairman Cliff Kupchan outlined the consultancy’s top risks for 2020. While they acknowledged that Iran was indeed a geopolitical risk, Bremmer and Kupchan claimed that “neither Trump nor Tehran wants all-out war.” But Eurasia noted that media speculation around the escalating

Gold is a stronger hedge than oil for investors seeking safe returns amid the escalation of tensions between the U.S. and Iran, Goldman Sachs commodity strategists have suggested. Both oil and gold prices moved sharply higher on Friday and have continued to climb after a U.S. airstrike killed Iran’s top military commander Qasem Soleimani in Baghdad, sparking fears of retaliation from Tehran. Though the upward momentum in Brent prices suggests some expectation that the recent escalations will lea

You don’t have to be a math genius to understand where to put your money or be afraid of scary terms like “stock market volatility.” (That just means the prices of companies in the stock market are changing rapidly.) The more you know, the better you’ll feel about investing. Bottom line, putting your money in stocks and bonds is a better way to grow your wealth over time than using a traditional, low-interest savings account. Most common investing questions have — and you’re not the only one who

New parents will have one new source to tap for money — their retirement savings. The Secure Act, which was passed by Congress in December, is ushering in some of the biggest changes to retirement savings since the Pension Protection Act of 2006. So technically, a couple could take out up to $10,000 from their retirement savings, as long as they both have separate accounts in their own names. But parents would still have to pay taxes on that income. Aside from owing taxes on that money, it also

More than 4,500 exhibitors are set to show off the biggest innovations in consumer electronics. The CES Unveiled event is a preview of what’s to come, featuring mostly small and midsize companies. Watch CNBC’s first look into the technology people will be coveting this year.

Grounded Boeing Co. 737 Max airplanes are seen in a parking lot near Boeing Field in Seattle, Washington, on Tuesday, Dec. 17, 2019. Boeing is considering plans to raise more debt to bolster its finances after the grounding of its 737 Max jet, The Wall Street Journal reported on Monday, citing people familiar with the matter. Boeing did not immediately respond to a Reuters request for comment. The planemaker has said it will halt production of the 737 MAX this month following the grounding in Ma

A customer views cars on display in a showroom of the Avilon dealership owned by the Ford Motor Company in Moscow. Anton Novoderezhkin/TASS (Photo by Anton NovoderezhkinTASS via Getty Images)Ford Motor reported a 1.3% fall in sales for the fourth quarter in the United States, hurt by declining sales of passenger cars. 2 U.S. automaker said it sold 601,862 vehicles in the quarter, compared with 609,693 a year earlier.

Apple CEO Tim Cook delivers the keynote address during a special event on September 10, 2019 in the Steve Jobs Theater on Apple’s Cupertino, California campus. Apple’s stock nearly doubled its share price in 2019, but don’t expect those gains this year, according to Deutsche Bank. The firm said despite last year’s rally, the iPhone maker’s fundamentals are not keeping pace with the stock appreciation. “The stock is unlikely to come close to repeating last year’s returns,” Deutsche Bank analyst J

In fact, the Wedbush analyst said 2019 was just the beginning phase of a “transformational 5G super cycle,” while the demand for iPhone 11 has been stronger than expected. Ives now sees a “bull case” of $400 for Apple’s stock by year-end, a nearly 35% climb from here. Of an estimate of 925 million iPhones worldwide, roughly 350 million of them are in the “window of an upgrade opportunity” into 5G and new models, he said. “We believe Cupertino has a unique opportunity to capture this super cycle

Sundar Pichai, chief executive officer at Google LLC, speaks during the Google Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. Investors should be bullish on Google’s new regime under Sundar Pichai, according to Pivotal Research Group. The firm upgraded shares of Google’s parent company Alphabet to buy from hold and hiked its price target to $1,650 per share from $1,445 per share, a near 18% upside from Friday’s closing price of $1,361.52 per share. Pivotal sa

Geopolitical tensions are a ‘flare up’ for the market, says UBS’ Alli McCartneyAlli McCartney of UBS Private Wealth Management and Diana Amoa of JP Morgan Asset Management, join “Squawk on the Street” to discuss how political tensions may be weighing on the market.

What to expect from CES 2020CES 2020’s Unveiled event showcases mostely small and mid-size companies who will be presenting electronics during the convention. CNBC took a look around to see what sorts of gadgets to expect in the coming week.

How Wendy’s plans to compete with McDonald’s and Burger KingAfter years of fading into the background, Wendy’s is looking to stand out. It’s the number three burger chain by revenue, behind McDonald’s and neck-and-neck with Burger King. At the same time, Wendy’s is grappling with an industry-wide problem for fast food: a declining customer base. The big question now: has Wendy’s learned from its past failures and will its plans for breakfast and global expansion be enough to break out of third p

Susquehanna said Monday that Apple will launch its first 5G iPhones in September, but a faster version may not come before next January. The note said the faster mmWave 5G iPhone models probably won’t come before December. There are several types of 5G networks, which can make things a bit confusing. It’s likely Apple will announce all of its new iPhones in September as it traditionally does, but the iPhones with 5G mmWave support may launch a couple of months later. Susquehanna said the slower

A plug-in hybrid electric model of the Jeep Compass was showcased at the Geneva International Motor Show in March 2019. DETROIT – Three new hybrid electric Jeep models are making their domestic debuts at the annual CES technology conference in Las Vegas this week as part of Fiat Chrysler’s plans to electrify all vehicles of the iconic SUV brand by 2022. The Italian-American automaker is showing off plug-in hybrid electric versions of the Jeep Wrangler, Jeep Compass and Jeep Renegade, which all f

Michael Bloomberg is wasting no time building out his campaign’s ground game, with 500 organizers and staff in more than 30 states, including all 14 of the delegate-rich Super Tuesday states, his campaign told NBC News. The ramp-up — both in staff and in spending on TV ads — has been quick. “Our campaign is building the most robust national organization and infrastructure to beat Donald Trump,” said Dan Kanninen, Bloomberg’s states director. The Super Tuesday states are: Alabama, Arkansas, Calif

With stocks off to a rocky new year amid tension in the Middle East, it could be time for investors to find some safe places to hide. The Dow Jones Industrial Average fell more than 230 points on Friday following news late Thursday night that the U.S. killed Iranian Gen. Qasem Soleimani, sending crude prices upward on fears of further escalation in the relations between the the U.S. and Iran. U.S. stock averages continued to fall on Monday after President Donald Trump threatened to impose sancti