Tesla Expected to Grow 30% to 40% in 2020, Elon Musk Says 
 

Electric-car company's chief executive kicks off a long-promised event showcasing advances in battery technology.


 
Avianca Nets $2 Billion in Bankruptcy Loans 
 

One of Latin America's largest airlines, Avianca has lined up a $2 billion bankruptcy-loan package to finance its stay in chapter 11 from a group of investors and lenders including United Airlines and Chairman Roberto Kriete.


 
Nike's Sales Bounce Back From Coronavirus Slide 
 

Nike's sales rebounded in the summer quarter after slumping earlier during the coronavirus pandemic, as rising digital sales offset declining revenue at traditional stores.


 
NBCUniversal's Cable Channels Were a Crown Jewel. Now They're an 'Albatross.' 
 

New CEO Jeff Shell is centralizing decision-making and slimming down the cable unit in the process.


 
Nikola Executive Defends Business Model 
 

The electric-truck firm's finance chief said the startup's partners are staying the course despite the abrupt resignation of company founder Trevor Milton.


 
Ford to Build Electric Cars in Canada as Part of Labor Deal 
 

The settlement includes a $1.5 billion investment in two Ford Motor factories-an engine plant in Windsor, Ontario, and a vehicle-assembly factory in Oakville, Ontario.


 
Ralph Lauren to Cut 15% of Workforce After Coronavirus Lockdowns Reduced Demand 
 

Ralph Lauren Corp. said it would cut its workforce by roughly 15%, reflecting a sharp drop in revenue tied to coronavirus-related store closings earlier this year and potential challenges ahead.


 
Carnival Cruise Line Lays Off More Than 100 Ship Officers 
 

EXCLUSIVE: The Carnival Corp. unit is laying off more than 100 ship officers because the parent company is shedding 18 less-efficient vessels from its fleet across various brands amid the Covid-19 pandemic.


 
Covid-19 Can Keep AutoZone in the Fast Lane 
 

With more drivers sticking with older cars and taking on do-it-yourself repair projects, AutoZone is in the right place at the right time.


 
Amazon Restricts How Rival Device Makers Buy Ads on Its Site 
 

Some makers of smart speakers, video doorbells and other hardware have hit roadblocks buying key ads in search results. Gadgets made by e-commerce giant get the edge.