Ghosn wants Mitsubishi to reform, rules out Nissan merger

Nissan and Mitsubishi CEO Carlos Ghosn ruled out a full merger of the two automakers, but said he wants changes at the smaller company. The executive repeated comments made previously by the alliance that it was likely the carmakers will cross-manufacture in areas where it makes sense.

| UPDATED: 4/24/17 4:15 pm ET - adds details, stock close

Basic NAFTA deal likely by mid-2018, says Chamber of Commerce chief

The United States, Mexico and Canada are likely to reach a basic accord over reworking NAFTA by the middle of next year, the head of America's biggest business lobby group said.