
The U.S. and China are locked in a fierce battle in the race for Mars. China’s Zhurong rover is circling Mars as the country attempts to land a spacecraft on the red planet for the first time, just months after NASA landed its Perseverance rover. Photos: NASA; CCTV The Wall Street Journal Interactive Edition
Retail sales held steady in April after rising 10.7 percent the previous month, as Americans continued to spend government stimulus payments.Retail sales were flat last month after a buoyant March, the Commerce Department said on Friday, as Americans continued spending their latest round of government stimulus checks.April’s number was a slowdown from the prior month, when retail sales rose by 10.7 percent, as vaccinations increased and people became more comfortable outside of their homes, spending more money on clothing, restaurants, bars and sporting goods. Retail sales, which experienced record drops just over a year ago at the onset of the pandemic, have been closely watched as monthly gauges of the health of the economy and the mind-set of consumers. .dw-chart-subhed { line-height: 1; margin-bottom: 6px; font-family: nyt-franklin; color: #121212; font-size: 15px; font-weight: 700; } Monthly retail sales Seasonally adjusted advance monthly sales for retail and food services.Source: Commerce DepartmentBy The New York TimesEconomists at Morgan Stanley had anticipated a smaller increase in retail sales in April compared with March based on stimulus check distribution, with roughly 83 percent of this latest round distributed in the back
In this articleAMZNAn Amazon warehouseGetty ImagesLONDON — Amazon is planning to recruit 10,000 more permanent staff in the U.K., the company said Friday.The announcement comes a day after the Seattle-headquartered tech giant said it intends to hire 75,000 delivery and warehouse workers across the U.S. and Canada.The new U.K. jobs will include roles at four new Amazon warehouses, as well as roles at Amazon’s corporate offices in London, Manchester, Edinburgh and Cambridge, and positions at Amazon Web Services, which is Amazon’s cloud computing business.Amazon declined to specify how many of the new positions will be for delivery drivers and warehouse workers — some of whom have protested over low pay and poor working conditions.Pay for Amazon’s “operations” roles starts at a minimum of £10.80 ($15.19) per hour in the London area and £9.70 per hour in other parts of the U.K. The minimum pay applies to anyone who works in Amazon’s fulfilment centers, sort centers, and delivery stations.Amazon’s total U.K. workforce will exceed 55,000 by the end of 2021, the company said, making it one of the largest employers in the country. Other U.S. tech giants including Google, Microsoft, Facebook and Apple also have a significant presence in the U.K.Amazon
In this articleHSEP-GBHSEF-GBAn ambulance arrives at the A and E department of the Mater Misericordiae University Hospital in Dublin on Monday, 18 January, 2021.Artur Widak | NurPhoto via Getty ImagesLONDON — Ireland’s health service shut down its computer systems on Friday after being hit with a “sophisticated” ransomware attack.The Irish Health Service Executive (HSE) said there was a “significant ransomware attack” on its IT systems, without commenting further on specifics.”We have taken the precaution of shutting down all our IT systems in order to protect them from this attack and to allow us (to) fully assess the situation with our own security partners,” the HSE said in a tweet Friday.”We apologise for inconvenience caused to patients and to the public and will give further information as it becomes available.”Ireland’s vaccination program has not been affected and appointments will go ahead as planned, however the registration portal has been taken offline. Doctors also can’t refer people for Covid-19 tests, so patients have been told to into walk-in testing centers. HSE said its ambulance service was operating normally.Dublin’s Rotunda Hospital, a maternity hospital, said all outpatient visits for Friday had been cancelled, with the exception of women who are 36 weeks pregnant
A man wearing a mask walks past the headquarters of the People’s Bank of China, the central bank, in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 3, 2020.Jason Lee | ReutersBEIJING — While investors around the world fret over inflation, China’s central bank has more problems than rising prices to worry about.Central banks worldwide have kept monetary policies easy and interest rates lower in a bid to support growth in the wake of the coronavirus pandemic last year, and China is no exception.Now as consumer and producer prices climb, investors are on edge as they try to discern if central banks will be raising interest rates.But the People’s Bank of China — and economists parsing its statements — are not as worried about inflation, or expecting much monetary policy change as the country faces more pressing risks.In its report on first quarter monetary policy released late Tuesday, the central bank focused on how the foundation for China’s economic recovery is not solid.”Residents’ consumption is still constrained and investment growth is insufficient,” the report said, according to a CNBC translation of the Chinese text. The PBOC added that smaller, privately run businesses still face difficulties,
In this articleAMZNGoogle CEO Sundar Pichai testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, March 25, 2021.U.S. House of Representatives Energy and Commerce Committee | Handout | via ReutersGoogle is leading an effort to maintain work authorization for tens of thousands of people whose spouses hold H-1B visas, the high-skilled visa that’s common in the tech industry.Companies across the tech industry, which has been historically vocal in fighting for increased immigration rights, submitted an amicus brief Friday in a case known as Save Jobs USA v. Department of Homeland Security. A Washington, D.C. district court is considering the plaintiff’s challenge to a DHS rule that allows so-called H-4 visa holders to work legally while their spouses on H-1B visas await green cards.Google, which organized the effort, and more than two dozen other signatories said in the filing that invalidating the rule that allows some H-4 visa-holders to work “would result in these talented individuals being barred from the workplace, forcibly severing tens of thousands of employment relationships across the country.” They wrote that 90,000 H-4 visa-holders would be
In this article6588.T-JPToru Yamanaka | AFP | Getty Images A division of Toshiba said on Friday that its European business has been hit by a cyberattack, according to a Reuters report.Toshiba Tec France said in a statement seen by Reuters that it was hacked on the evening of May 4. by DarkSide, the same group the U.S. FBI blamed for the Colonial Pipeline attack.The Toshiba unit, which sells self-checkout technology and point-of-sale systems to retailers, did not immediately respond to CNBC’s request for comment.Toshiba Tec reportedly said that a “minimal” amount of work data was stolen in a ransomware attack. No leaks of the data have been detected so far and protective measures were put in place after the cyber-attack, the company said.Ransomware is a type of malicious software that’s designed to block access to a computer system the victims pay the hackers a sum of money. It is not known if Toshiba Tec France has paid a ransom to the hackers.
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