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Germany denies investigating Tesla over software updates

July 9, 2016 by · Leave a Comment 

By Michael Nienaber and Rene Wagner BERLIN (Reuters) – Germany's Transport Ministry denied a media report on Friday that it was investigating Tesla Motors Inc for updating driving assistance software without informing authorities, but said it was “clarifying technical issues” on the matter. German magazine Der Spiegel reported, without citing a source, that there were indications Tesla uploaded new software features to a driving assistance system which had not been examined for

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Germany denies investigating Tesla over software updates

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U.S. economy posts largest job gains in eight months in June

July 9, 2016 by · Leave a Comment 

U.S. job growth surged in June as manufacturers and other employers boosted hiring, confirming the economy has regained speed after a first-quarter lull, but tepid wages suggested the Federal Reserve will probably not raise interest rates soon. The sign of strength in the economy, however, precedes Britain's stunning vote last month to leave the European Union. “For the Fed, this report is likely to offer some encouragement…

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U.S. economy posts largest job gains in eight months in June