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 →EconomyCommerceftc ai probe
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 →EconomyCommerceinflation 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.Reuters7d agoWhole story →HealthGovernmentopioid settlement ruling
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 →EconomyCommerce
