Tesla will cut 7 percent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can afford.
Ryanair on Friday cut its annual profit forecast for a second time, blaming lower air fares caused by overcapacity in the European short-haul sector.
Former Nissan boss Carlos Ghosn received nearly eight million euros in "improper payments" from a Netherlands-based joint venture, the Japanese car giant alleged Friday, threatening to sue to recover the funds.
Netflix shares swung lower Thursday as spending on original shows at the leading streaming television service weighed on quarterly revenue and competition heated up.
Google agreed to pay $40 million for the smartwatch technology of the fashion and accessory group Fossil, the companies said Thursday, enabling the California tech giant to expand in the growing wearable tech market.
Electric-vehicle maker Tesla will recall over 14,000 Model S cars in China as part of the global automotive sector's effort to replace potentially dangerous airbags made by Takata, China's market regulator announced on Friday.
A federal grand jury in Detroit has indicted four Audi engineering managers from Germany in a widening diesel emissions cheating scandal.
Oxford University has decided to forgo further funding from Chinese tech giant Huawei as scrutiny grows in Europe over the telecom company's relationship with the Beijing government.
Dutch multinational Philips announced Thursday the closure of a British factory making baby bottles, threatening 430 jobs, citing "ongoing geopolitical challenges", months after warning about the potential negative effects ...
Google plans to buy power from Tennessee and Alabama solar farms under a deal with the Tennessee Valley Authority.