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Japan April wholesale inflation steady as weak yen boosts import costs May 13, 2024 08:14PM

TOKYO (Reuters) - Japan's wholesale prices rose 0.9% in April from a year earlier, steady from the previous month as the yen's decline pushed up import costs, central bank data showed on Tuesday.

The rise in the corporate goods price index (CGPI), which measures the price companies charge each other for their goods and services, compared with the median market forecast for a 0.8% gain and followed a 0.9% increase in March.

The yen-based... (continue reading...)


Missouri man pleads guilty to crashing truck into White House security barriers May 13, 2024 08:09PM

(Reuters) - A Missouri man pleaded guilty on Monday to crashing a rented truck into metal barriers surrounding the White House in May 2023, admitting that he had been "fueled by the ideology of Nazi Germany" and hoped to overthrow the U.S. government.

Sai Varshith Kandula, 20, and a citizen of India, pleaded guilty to a single count of damaging federal property. He faces up to 10 years in prison when he is sentenced in August.

As part of... (continue reading...)


Google-backed Anthropic releases Claude chatbot across Europe May 13, 2024 07:31PM

By Martin Coulter

LONDON (Reuters) - Artificial intelligence startup Anthropic, which is backed by Alphabet's Google and Amazon.com, said it would release its generative AI chatbot Claude across Europe on Tuesday.

WHY IT'S IMPORTANT

Anthropic's Claude is a direct competitor to Microsoft-backed OpenAI's ChatGPT, the chatbot that broke records when it reached 100 million monthly active users just two months after launch.

... (continue reading...)
Rumble sues Google over digital advertising practices May 13, 2024 07:29PM

WASHINGTON (Reuters) - Video sharing platform Rumble said on Monday it has sued Google, arguing the tech giant has engaged in anticompetitive practices across its digital advertising products and sought damages in excess of $1 billion.

The suit alleges Google has monopolized the ad stack "by buying companies up and down the chain, concurrently representing both ad buyers and sellers, while also running the exchange that connects those parties."

... (continue reading...)
Unions, lawmakers protest Boeing firefighter lockout May 13, 2024 07:12PM

By David Shepardson

ARLINGTON, Virginia (Reuters) - Union leaders and U.S. lawmakers on Monday criticized Boeing's lockout of its unionized firefighters and urged the planemaker to reach a contract deal.

Earlier this month, Boeing locked out about 130 members of the International Association of Fire Fighters Local I-66 who rejected two contract offers - a move that last week drew the concern of President Joe Biden.

At a... (continue reading...)


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