Bloomberg The National Highway Traffic Safety Administration (NHTSA) says it’s received a petition calling for an investigation of certain Tesla Inc electric cars and is evaluating the complaint, according to a notice posted on regulator’s website. The petition, filed by a law firm representing Tesla drivers, alleges that Tesla updated battery management software in response to a potential defect that ...

Bloomberg Half of high-income millennials ages 30 to 34 fear they’ll have to work forever because they won’t be able to save enough to retire. That’s one take-away from a recent study that focussed on high-income millennials, those with a minimum annual income of $100,000 for single people or $150,000 for married ones. The survey was conducted by the Spectrem ...

Bloomberg HP Inc will slash as much as 16 percent of its workforce as part of a broad restructuring meant to cut costs and boost sales growth amid the company’s first change in top leadership in four years. The personal computer giant said it will cut 7,000 to 9,000 positions through firings and voluntary early retirement. The job reductions will ...