Nissan and Honda plan to merge

Honda and Nissan have officially confirmed rumors that they are pursuing a merger. Both companies will continue to operate under their respective brands, but with a new joint holding company as the parent company. If Nissan-controlled Mitsubishi also joined the…

The former CEO has dementia, lawyers say

The former CEO of Abercrombie & Fitch (A&F) has dementia and late-onset Alzheimer's disease, his legal team said in a court document filed in New York. Attorneys for Mike Jeffries have requested a hearing to determine whether he is mentally…