Ghana bill would give state special share rights in mining firms, draft showsGhana's draft mining bill would allow the mines minister to require mining companies to issue the state a free special share with veto rights over key transactions, according to a copy reviewed by Reuters.Reuters6d agoWhole story →EconomyPlanetghana mining bill draft
FTC opens probe into AI giants including Anthropic and OpenAIThe Federal Trade Commission is conducting an industry-wide probe into Anthropic, OpenAI and other AI labs to uncover the potential dangers their technology poses to consumers, a senior FTC official told Reuters on Wednesday.Reuters6d agoWhole story →CommerceTechnologyftc ai probe
India to launch offshore mineral auction in Andaman SeaIndia's federal Ministry of Mines said on Wednesday it would launch the auction of offshore mineral blocks in the Andaman Sea on Thursday, reviving a push to develop domestic deep-sea mining after an earlier attempt failed to draw bids.Reuters6d agoWhole story →Planet
US inflation rises less than expected in August; consumer spending surgesU.S. inflation increased less than expected in August, which could see financial markets further reduce the odds of another interest rate increase from the Federal Reserve next month.Reuters6d agoWhole story →CommerceEconomyinflation report
Whistleblower loses fee bid in Walgreens' $4.7 billion settlement with US statesA federal judge on Tuesday denied a whistleblower's bid to receive a cut of retail pharmacy giant Walgreens' $4.7 billion settlement in 2022 that resolved opioid-related claims by more than two dozen US states.Reuters6d agoWhole story →HealthCommerceopioid settlement ruling
Prospect of Fed pulling too far back on communications poses volatility risk, Musalem saysToo big a pullback in the US central bank's communications could lead to higher and more volatile interest rates and inflation if the public and businesses are left to guess how it would react to different economic developments, St. Louis Federal Reserve President Alberto Musalem said on Tuesday.Reuters7d agoWhole story →TechnologyEconomyfed communications policy
US lawmakers including Sen. Warren push energy regulators to reject acquisition of power company AESA group of US lawmakers including Senator Elizabeth Warren asked federal energy regulators this week to reject a more than $33 billion sale of power company AES, saying it could drive up electricity bills and benefit data centers at the expense of utility customers, according to a letter seen by Reuters.Reuters7d agoWhole story →EconomyPlanetElizabeth Warrenaes acquisition review
Court lets $1.9 million verdict stand, rejects challenge to customer compilation trade secretFisherBroyles LLP partner R. Mark Halligan discusses a Seattle federal judge's decision to uphold a $1.9 million jury verdict in a lawsuit a chemical distribution company filed against former employees and their new company, accusing them of misappropriating trade secrets.Reuters7d agoWhole story →CommerceEconomy
