Nissan has cut production at its main Japanese plant by a third due to weak U.S. demand and struggles to compete with the demand for hybrid car models.

The NBA has chosen Amazon as its new media partner for an 11-year, $77 billion deal, rejecting Warner Bros. Discovery's attempt to match the offer and limiting their rights to a streaming-only arrangement.

Southwest Airlines' profit fell 46% in Q2 despite record revenue, prompting the airline to boost revenue by eliminating open seating, adding seat assignments and extra-legroom options, and introducing overnight flights.

Nestle has lowered its sales forecast for the year to 3% growth, down from 4%, as consumers reject price hikes on its products, leading to a 5% drop in its shares.

Elon Musk announced that Tesla will begin using humanoid robots within the company as extra help next year, with plans for commercial production by 2026.

Reliance Industries Ltd. reported a 5.4% profit decline for the quarter ending June 30, falling short of expectations due to ongoing issues in its oil-to-chemicals sector, despite a 12% revenue increase.

Boeing, facing severe financial and reputational damage from the 737 Max crashes, is implementing a comprehensive recovery plan involving better safety measures, workforce training, and buying back its troubled fuselage supplier.

The Aurea Group and several investors are expected to acquire The Body Shop after it announced its bankruptcy earlier this year.

HSBC announced that Georges Elhedery, its chief financial officer, will become the firm’s next CEO effective Sept. 2.

Elon Musk made his intention to move the headquarters of his companies SpaceX and X, formerly Twitter, from California to Texas after California Governor Gavin Newsom signed a transgender rights law.