GM cuts jobs in response to present costs, future innovation

Even though unemployment is low, the economy is growing and U.S. auto sales are near historic highs, General Motors is cutting thousands of jobs in a major restructuring aimed at generating cash to spend on innovation.

Dutch police closes probe into fatal Tesla crash

Dutch police closed a probe Friday into a fatal crash involving a Tesla, accepting the US electric car firm's findings that the Model S sedan was not on auto-pilot when it smashed into a tree.

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