Airbus sees orders fall as Boeing's 787 Dreamliner is grounded in U.S., Japan, Europe and India.

GM woos Facebook to return to paid ads, remains cautious on 2013, defends Opel restructuring and eyes cheaper Chevy Volt.

Blockbuster faces U.K. closure after no buyers emerge.

American Airlines swings to profit and sees “good trajectory” for this year.

Apple rattles Wall Street with sharp stock-price drop.

AT&T looks to Europe for mergers.

Audi aims for 200,000 U.S. sales “sooner” rather than “later.”Continue reading...

Steve Jobs attends Apple conference and addresses issues facing his health and the brand [NYT]; Apple reveals upgrades, but no new technology [LA Times].

GM sells majority of its interest in Opel and Vauxhall to Canada's Magna International. [London Times]

Warner Bros. restructures DC Comics to take on competition. [LA Times]

Fashion designer Derek Lam takes his style and vision to New York Fashion Week. [WSJ]

Alcohol brands in Britain consider abuse vs. consumption. [London Times]

(More headlines: Jameson, NFL touchdowns, House of Frasier.) Continue reading...