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Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit

The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.

© Philip Cheung for The New York Times

Tesla has cut prices and offered low-interest financing to prop up sales, but the measures have come at the expense of profit.

Frontier Airlines Offers to Buy Spirit Airlines, Again

Spirit, which filed for bankruptcy protection last year, says it has rejected the new Frontier overture but would be open to a higher offer.

© Mike Blake/Reuters

After a string of setbacks, Spirit filed for bankruptcy last year.
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