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
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
Iran appeals to US voters as American troops leave IraqThe Islamic Revolutionary Guard Corps urged Americans to vote out Donald Trump's allies in Congress as U.S. forces were due to withdraw from their remaining bases in neighbouring Iraq in a departure celebrated by Tehran.Reuters6d agoWhole story →SecurityGovernmentDonald Trumpus iraq withdrawal
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
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