American Airlines unveiled its biggest plane order since 2011, buying 260 new jets from Airbus, Boeing and Embraer.
Read More American Airlines places its biggest plane order in more than a decadeTag: demand
Tesla asks which jobs are critical, stoking layoff fears – Bloomberg News
Tesla sent out a single-line query for each job after canceling some employees’ biannual performance reviews.
Read More Tesla asks which jobs are critical, stoking layoff fears – Bloomberg NewsIndustry pain abounds as electric car demand hits slowdown
A near-term global slowdown is causing pain, including bankruptcies, scrapped initial public offerings and production cuts.
Read More Industry pain abounds as electric car demand hits slowdownTesla set to erase $70 billion in valuation after Musk’s sales warning
Tesla tumbled nearly 11% on Thursday after CEO Elon Musk warned sales growth would slow this year despite price cuts.
Read More Tesla set to erase $70 billion in valuation after Musk’s sales warningHonda to focus on selling hybrid vehicles, light trucks in US this year
Honda said it would continue to focus on sales of hybrid models and light trucks this year in response to more demand for those vehicles.
Read More Honda to focus on selling hybrid vehicles, light trucks in US this yearApple overtakes Samsung as top seller of smartphones
Apple ended Samsung Electronics’ 12-year run as the largest seller of smartphones in the world.
Read More Apple overtakes Samsung as top seller of smartphones