Widespread layoffs within the Tesla unit are a blow to efforts to build out a national charging network.

The company reported record first-quarter sales as the AI boom powered growth in its cloud-computing unit, helping Amazon continue to shake off last year’s postpandemic slump. 

Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.

The California utility is seeking regulatory approval to sell KKR part of a new company that would house most of its power generation business.

Lufthansa said it expects an improvement in its second-half operating result, with capacity seen at more than 95% of prepandemic levels in the third quarter, but cautioned that unit revenue will fall in the next three months.

Stellantis backed its full-year guidance despite revenue falling in the first quarter on lower sales volumes and as it prepared to launch new models.