Business

Siemens pins hopes on rail as manufacturing gloom hits home

German industrial conglomerate Siemens reported Thursday falling profits in its third quarter across most of its sprawling operations as manufacturers worldwide suffered, but said it could still reach full-year targets.

Automotive

California warns of possible oversight of Tesla tests

California has informed Tesla it is considering stricter regulation of the electric carmaker's driving assistance tools currently being tested on public roads, following videos posted online of disturbing episodes.

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