If you’re looking for a metaphor for how politics has swamped decision-making at Nissan Motor Co., look no further than reported plans to restructure its cratering global business. Nissan doubled its planned job losses to 12,500 and unveiled new production cuts after reporting a 99 percent plunge in fiscal first-quarter operating profit. The Japanese carmaker is considering reducing production in ...

Tesla Inc.’s earnings calls have lately taken on the trappings of office going-away parties. Just before the Q&A portion of the second-quarter call, CEO Elon Musk announced that JB Straubel, the company’s veteran chief technology officer, would step down to become a senior advisor. This was at least said up front, as opposed to the by-the-way announcement of the CFO’s ...

Bloomberg Southwest Airlines Co is frustrated with the financial beating it’s taking from the grounding of Boeing Co’s 737 Max. But the carrier is ready to grab more of the single-aisle planes that eventually will make up the majority of its fleet. Parking its 34 Max jets since mid-March and missing out on new deliveries has shaved $225 million from ...