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Among others, Raj Nair has been appointed to lead Ford North America, Steven Armstrong will lead Ford of Europe, Middle East and Africa and Sherif Marakby has been appointed to the newly created position of vice-president responsible for autonomous vehicles and electrification.

Amazon’s rise is due in part to its?investment in original content. Hit shows like “Transparent,” “Man in the High Castle,” and “Mozart in the Jungle” have helped Amazon Video quickly become a competitor in the video streaming space. The model was pioneered by Netflix, with original series like “House of Cards” and “Orange is the New Black.” Originally, Amazon’s original content was only available to annual Prime subscribers for per year. In April, Amazon began offering a monthly .99 Prime subscription so members could access its video streaming service. The move was a direct swing at Netflix?and its popular monthly subscription plan.

Amazon’s hiring comes as other large companies trim their workforce due to the global health and economic crisis. In the earnings news release, Bezos called out the company’s minimum wage.

American Airlines will launch a flagship store on Fliggy and it will become one of American's direct sales channels. The two parties' loyalty programs also will collaborate, and eligible Fliggy loyalty program members will be able to enjoy select elite status and benefits on American Airlines, such as preferred boarding and complimentary preferred seats.

American Airlines will cancel flights using the grounded Boeing 737 MAX jet through Sept 3, causing the elimination of 115 flights per day during the summer travel season.