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Renault, Nissan boards agree to equalize mutual stakes

Automakers Renault and Nissan on Monday formalized their reboot of a relationship that had grown rocky, culminating in the spectacular fall of top executive Carlos Ghosn, who had led successful turnarounds at both companies before his arrest and daring escape.

Makoto Uchida CEO of Nissan, left, Luca de Meo CEO of Renault Group, centre, and Takao Kato CEO of Mitsubishi Motors, right, during a Renault Nissan Mitsubishi press conference in London, on Feb. 6, 2023. (Kirsty Wigglesworth / AP)

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Why wasn't the suspected Chinese spy balloon shot down over Canada?

Critics say the U.S. and Canada had ample time to shoot down a suspected Chinese spy balloon as it drifted across North America. The alleged surveillance device initially approached North America near Alaska's Aleutian Islands on Jan 28. According to officials, it crossed into Canadian airspace on Jan. 30, travelling above the Northwest Territories, Alberta and Saskatchewan before re-entering the U.S. on Jan 31.

In this photo provided by Chad Fish, the remnants of a large balloon drift above the Atlantic Ocean, just off the coast of South Carolina, with a fighter jet and its contrail seen below it, Feb. 4, 2023. (Chad Fish via AP, File)