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By Alexander Marrow LONDON, June 3 (Reuters) – Kraft Heinz aims to accelerate product innovation next year, CEO Steve Cahillane told Reuters, as the packaged food company steps up investment to reverse years of market share losses. Cahillane, who took the helm in January, has earmarked $600 million for marketing and R&D this year to rebuild innovation and revive the main U.S. business which generates almost 70% of sales. “Next […]

(Adds codes) By Tim Cocks June 3 (Reuters) – Wildlife experts found eight new species of dragonfly, three unknown grasshoppers and some 60 new butterflies and moths in vivid hues during a trip to Angola’s Lisima plateau in February, a conservation group said on Wednesday. The Wilderness Project visited the waters that flow through the plateau and which feed four of Africa’s major rivers: the Congo, Okavango, Zambezi and Cuanza. […]

By Lucia Mutikani WASHINGTON, June 3 (Reuters) – The U.S. Senate’s Committee on Health, Education, Labor and Pensions will next Wednesday hold a confirmation hearing for Brett Matsumoto, the White House’s nominee to head the Bureau of Labor Statistics. Matsumoto was tapped by President Donald Trump to replace Erika McEntarfer, whom he dismissed last August. Trump accused McEntarfer, without evidence, of manipulating July’s employment report, which showed unexpectedly slow employment […]

KYIV, June 3 (Reuters) – NATO Secretary General Mark Rutte on Wednesday warned young Russians that they would probably die if they sign up to join Russia’s war in Ukraine. “You are being sold a raw deal,” Rutte said during a press conference in Kyiv, in remarks he directly addressed to “young Russians and their families”. “Men like you who join the fight – you won’t be trained. Equipment they’ll […]

June 3 (Reuters) – Alphabet has increased the size of its equity offerings to $84.75 billion, in a sign of strong investor appetite for big tech companies as they expand their AI infrastructure and computing power. On Monday, the Google parent said it would raise $80 billion, as big tech companies compete to out-build each other with AI data centers to get ahead in what executives see as a once-in-a-generation […]

ROME, June 3 (Reuters) – Four migrants working as fruit pickers in slave-like conditions in southern Italy have been burned to death in a grisly murder case that is prompting fresh national soul-searching over labour exploitation.  The migrants were found on Monday in a burned-out van parked in a petrol station in Amendolara, in the southern region of Calabria. Surveillance cameras showed two people setting the car alight before running […]

WASHINGTON (AP) — The environmental footprint of data centers already rivals some of the world’s largest countries, according to a United Nations University report, which also predicts their water and energy use and pollution will double in just four years as use of artificial intelligence grows. Last year, global data centers used 448 trillion watt-hours of electricity, more than all but 10 countries of the world, said the report issued […]

BRUSSELS (AP) — European Union leaders, worried about the continent relying too heavily on American companies for AI and cloud computing services and Asia for microchips, are pushing back. The 27-nation bloc unveiled a “tech sovereignty” package on Wednesday with measures to promote homegrown European alternatives to Big Tech services and hardware. The efforts by Brussels have gained urgency as leaders worry about dependence on technologies from foreign providers, which […]

Reader question: My spouse has little interest in our financial position. As we age, this concerns me. I try to share some basic information (income, spending, account balances, debt, and so on) each month but rarely get a response. I think graphs or charts might be of more interest to her than a bunch of numbers. What recommendations would you have for illustrating our financial position so that I am […]