Apr 26, 2023
Tesla broke U.S. labor law by silencing workers, official rules

By Daniel Wiessner (Reuters) - Tesla Inc supervisors at a Florida service center violated U.S. labor law by telling employees not to discuss pay and other working conditions or bring complaints to higher level managers, a U.S. labor board official…

Apr 25, 2023
Price hikes boost profits at global consumer giants; will spending last?

By Doyinsola Oladipo NEW YORK (Reuters) -Major global brands like McDonald's, General Motors and Nestle posted steady first-quarter results built on higher prices, demonstrating that shoppers across major economies are still spending despite slowed economic activity. Price increases for soda,…

Apr 24, 2023
YouTube case at US Supreme Court could shape protections for ChatGPT and AI

By Andrew Goudsward WASHINGTON (Reuters) - When the U.S. Supreme Court decides in the coming months whether to weaken a powerful shield protecting internet companies, the ruling also could have implications for rapidly developing technologies like artificial intelligence chatbot ChatGPT.…

Apr 20, 2023
US labor market cooling; leading indicator flashes recession

By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits increased moderately last week, suggesting the labor market was gradually slowing as the Federal Reserve's year-long interest rate hiking campaign dampens demand. Though measured,…

Apr 20, 2023
Fed in discussions with banks about managing risks of AI: Waller

(Reuters) - The Federal Reserve has “regular discussions” with the banks it supervises about managing the risks associated with artificial intelligence, as more financial institutions utilize AI for customer service applications, fraud monitoring and underwriting, a top official at the…

Apr 18, 2023
Elon Musk says he will launch rival to Microsoft-backed ChatGPT

By Hyunjoo Jin and Sheila Dang SAN FRANCISCO (Reuters) -Billionaire Elon Musk said on Monday he will launch an artificial intelligence (AI) platform that he calls "TruthGPT" to challenge the offerings from Microsoft and Google. He criticised Microsoft-backed OpenAI, the…

Apr 17, 2023
California city can’t enforce natural gas ban, appeals court says

By Clark Mindock NEW YORK (Reuters) -Berkeley, California, cannot ban natural gas hookups in new buildings because a U.S. federal law preempts its rule, a federal appeals court said Monday, siding with a challenge the state's restaurant industry made. The…

Apr 13, 2023
US labor market gradually losing steam; producer inflation cooling

By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits increased more than expected last week, further evidence that labor market conditions were gradually easing as higher borrowing costs dampen demand in the economy.…

Apr 12, 2023
Discord says it is cooperating in probe of classified material breach

By Raphael Satter WASHINGTON (Reuters) - Instant messaging platform Discord said on Wednesday it was cooperating with U.S. law enforcement's investigation into a leak of secret U.S. documents that has grabbed attention around the world. The statement comes as questions…