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Carlos Ghosn and Nissan, the Japanese automaker he saved from collapse, were indicted Monday on allegations of financial misconduct, deepening a crisis that already brought down one of the global car industry's most iconic figures.Tokyo prosecutors said they indicted Ghosn and Nissan for under-reporting his income over a five-year period and are investigating allegations that the practice went on for even longer.Ghosn's sudden downfall began when he was arrested in Tokyo last month. He has since been ousted as chairman of Nissan (NSANY) and Mitsubishi Motors (MMTOF) and temporarily replaced as head of France's Renault (RNSDF).Former Nissan director Greg Kelly, who was arrested in Tokyo at the same time as Ghosn, was also indicted Monday, prosecutors said. 783

Car buyers are noticing fewer 0% APR financing deals for both new and used cars.Why? Edmunds, the online information spot for everything cars, says dealerships are now offering deals to buyers paying in cash. "The better economy is driving interest rates higher, and that's because the fed have elevated interest rates," says Tim Jackson, with the Colorado Automobile Dealers Association. Jackson believes there are always downsides for consumers in a thriving economy, and this is an example. Right now, the average APR is 4.21%. So, if your car cost ,000 and you want to pay it off in 5 years, your monthly payment would roughly be 5. However, if you changed that APR to 0%, your monthly bill would be about 0. That's a savings, which is a significant difference annually. If buying a new car is something you want to do, Jackson says there are a few things you can do to insure the best deal in this economy. First, keep a good credit score. Second, choose the vehicle with the best incentives.  1079

CARLSBAD, Calif. (KGTV) - A motorcyclist from San Marcos died Sunday after crashing into a truck in Carlsbad.According to Carlsbad police, the 19-year-old motorcyclist was riding along the 4600 block of Carlsbad Boulevard when he collided with a Toyota Tundra around 4:35 p.m.Emergency responders arrived and transported the motorcyclist to the hospital but he was pronounced dead on the way.The driver of the Toyota, a 38-year-old man from Grand Terrace, stopped on the scene.Investigators have not said what caused the collision. They were still looking for witnesses to come forward. Anyone with information is urged to call Corporal Travis Anderson at 760-931-2208. 682

Canadian police say an armed man crashed his truck through a gate and breached the grounds where Prime Minister Justin Trudeau lives before being arrested two hours later. The Royal Canadian Mounted Police say Trudeau was not present at the time of the incident in Ottawa on Thursday. Royal Canadian Mounted Police Deputy Commissioner Mike Duheme declined to name the suspect or talk about his motivation, only saying the man had several weapons. Police earlier identified the suspect as a member of Canada’s armed forces.The man has a bail hearing Friday. Police say he’s facing multiple charges. They say the man crashed his truck through the gate early Thursday. The truck was disabled and the suspect was spotted with a rifle before being arrested in a greenhouse.The Canadian Armed Forces are assisting the police in the investigation.''Thanks to the swift and diligent actions of our employees, the incident that unfolded earlier this morning on the grounds of Rideau Hall was quickly and safely resolved. I wish to commend the incredible efforts of all RCMP members who responded to this incident and acknowledge the contributions of all our employees and our Ottawa Police Service partners that supported this response. I am extremely proud of the courage, professionalism and collaboration that occurred and undoubtedly ensured the successful resolution of this event." assistant Commissioner Bernadine Chapman, Commanding Officer, National Division, said. 1473

BURBANK (CNS) - The Walt Disney Co. reported sharp year-over-year third-quarter revenue drops today, thanks in part to the coronavirus-prompted closure of its theme parks, but the success of its streaming services, most notably Disney+, gave the Burbank company a needed boost.Disney reported third-quarter revenue of .8 billion, a 42% drop from last year's third quarter, but still ahead of industry expectations.Revenue losses were fueled largely by the closure of Disney parks worldwide, with the company's Parks, Experiences and Products segment seeing an 85% revenue drop from the third quarter of last year. The only Disney segment not to report a drop in revenue was the Direct-to-Consumer & International segment, which showed a 2% gain.In terms of operating income, the company's Media Networks showed a 48% jump.``Despite the ongoing challenges of the pandemic, we've continued to build on the incredible success of Disney+ as we grow our direct-to-consumer businesses,'' Disney CEO Bob Chapek said in a statement. ``The global reach of our full portfolio of direct-to-consumer services now exceeds an astounding 100 million paid subscriptions -- a significant milestone and a reaffirmation of our DTC strategy, which we view as key to the future growth of our company.''The company's streaming services are Disney+, ESPN+ and Hulu, with Disney+ representing more than half of the empire's 100 million subscribers, according to the company.Disney reported diluted earnings per share of 8 cents, down from .34 in the same quarter last year.The company had originally planned to reopen its Disneyland and California Adventure theme parks in Anaheim on July 17, but those plans were scrapped as the state saw a surge of coronavirus cases. That surge prompted a delay in the state's release of operating protocols for large venues such as theme parks.The Downtown Disney shopping and entertainment district reopened to the public on July 9, although some individual businesses remained closed. 2016

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