Toyota Cuts Sales Goal
Even Toyota is not immune to the slowdown in the global economy.
The Japanese company, which is battling General Motors for the title of the world's largest automaker, cut its sales forecasts on Thursday, warning that higher fuel costs and a slowdown in the United States and Europe would probably hold back the auto business ...

Flights of Canadian Airline Are Canceled
OTTAWA - Hundreds of travelers, including many in Europe, were stranded Thursday after Zoom Airlines, a low-cost carrier based in Ottawa, abruptly stopped operations and sought protection from creditors ...

Alitalia's Rescue Plan Moves Ahead
PARIS - Roberto Colaninno, whose holding company controls the scooter-maker Piaggio, has been named chairman of the new Alitalia as Rome moved Thursday to clear the way for a sale of the unprofitable state-owned airline to private investors.
Two people with direct knowledge of the matter ...