Tag: workers

Big Tobacco Faces Big EU Counterfeit Problem

MADRID—Spanish police raided three clandestine tobacco factories early this year, seizing nearly 40 million euros ($44 million) worth of tobacco leaf and illicit cigarettes. At one, in the northern town of Alfaro, they found 10 Ukrainian workers, five of them war refugees, who’d been put to work with no contracts and scant pay, police said. They worked all day for ...

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Regulators Take Aim at AI to Protect Consumers and Workers

NEW YORK—As concerns grow over increasingly powerful artificial intelligence systems like ChatGPT, the nation’s financial watchdog says it’s working to ensure that companies follow the law when they’re using AI. Already, automated systems and algorithms help determine credit ratings, loan terms, bank account fees, and other aspects of our financial lives. AI also affects hiring, housing, and working conditions. Ben ...

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