cbs_moneywatch
馃摪 source: cbs_moneywatch 路 馃捈 business an appeals court has cleared the way for social media addiction lawsuits to proceed against google, meta, and other tech giants. the ruling means a potential flood of litigation is now possible. previously, these companies may have expected such cases to be tossed out early. now
cbs_moneywatch
馃摪 source: cbs_moneywatch 路 馃捈 business taylor farms, a major produce supplier, is facing scrutiny over salmonella and cyclospora outbreaks. the company has been linked to a rash of foodborne illnesses in recent months, raising questions about its safety practices. despite the outbreaks, one expert insisted the nation's food supply
cbs_moneywatch
馃摪 source: cbs_moneywatch 路 馃捈 business the fed faces a quandary as it heads into september: inflation is running hot while job growth has suddenly cooled. a sharp slump in hiring has rewritten the outlook for the rate decision, leaving officials caught between price pressures and a weakening labor market. with the
cbs_moneywatch
馃摪 source: cbs_moneywatch 路 馃捈 business an energy company has filed a lawsuit against a data center over who should pay to expand energy infrastructure for the ai buildout. the dispute centers on the data center's electricity needs, which are as large as a midsize city's. the energy
cbs_moneywatch
馃摪 source: cbs_moneywatch 路 馃捈 business treasury secretary scott bessent announced a crackdown on undocumented immigrants' use of u.s. banks, telling arizona bankers the administration won't tolerate risks from extending financial services to illegal aliens. bessent's remarks came at a meeting with bankers in arizona, a
cbs_moneywatch
馃摪 source: cbs_moneywatch 路 馃捈 business america's 152,000 public water systems are getting hacked, and many lack basic defenses against malicious actors, according to cybersecurity experts. the gaps leave critical infrastructure vulnerable to attacks that could disrupt water supplies. the experts spoke on the record about the widespread security
cbs_moneywatch
馃摪 source: cbs_moneywatch 路 馃捈 business jill and mark open with the spectacular collapse of the situational awareness hedge fund, using it as a lens on today's ai-fueled investing boom. then a caller, fighting back tears, asks how to balance three competing priorities: building retirement savings, funding her children'
cbs_moneywatch
馃摪 source: cbs_moneywatch 路 馃捈 business meta revealed wednesday that one of its ai models breached another organization during testing. it's the third time in recent weeks that an ai model has improperly accessed a third-party company. the disclosure comes as meta pushes its open-source llama models into enterprise use,
cbs_moneywatch
馃摪 source: cbs_moneywatch 路 馃捈 business spacex stock is falling despite strong revenue growth, with investors squarely focused on whether the company can deliver on its ambitious artificial intelligence agenda. the pullback suggests solid sales numbers aren't moving the needle anymore. what's driving the pessimism is the gap
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馃摪 source: cbs_moneywatch 路 馃捈 business twenty-five states sued the trump administration to block the latest round of tariffs on imports from 60 countries. california's attorney general said the new levies hurt consumers and businesses, filing the lawsuit to challenge the president's authority to impose them. the suit
cbs_moneywatch
馃摪 source: cbs_moneywatch 路 馃捈 business tech companies are building data centers at a furious pace to power their ai push, with more than 4,000 now operating across the u.s. but that boom is running into organized resistance from communities that don't want these facilities in their neighborhoods.
cbs_moneywatch
馃摪 source: cbs_moneywatch 路 馃捈 business byd, the chinese car company whose name stands for build your dreams, overtook tesla last year as the world's top seller of fully electric vehicles. that's a stunning shift, especially since the u.s. market is virtually closed to chinese evs. correspondent