Bloomberg Daimler AG will carve itself into three separate units in its biggest overhaul in a decade as the Mercedes-Benz car and truck maker seeks to adapt to the unprecedented shift to self-driving and electric vehicles. The need for change was evident in the German manufacturer’s second-quarter figures that showed another slump in earnings following on from the first three ...

Bloomberg Flaws in jet engine fan blades like one that cracked and broke loose in April, killing a Southwest Airlines Co. passenger, have been discovered on planes operated by several carriers, and the manufacturer is moving to further tighten inspections. General Electric Co., part of a venture that makes the engines, found a cracked blade during post-accident inspections of another ...

Bloomberg JetBlue Airways Corp.’s pilots approved the first labour contract in the carrier’s history. The four-year pact was approved by 74 percent of those voting, with 98 percent of eligible pilots participating, the Air Line Pilots Association said. The agreement is effective from August 1 and was reached after more than three years of negotiations. The contract raises pay rates ...