Enterpreneur

Senate-Handed Invoice Encourages Tech Competitors, Particularly With China : NPR

The invoice appropriates almost $250 billion for science and know-how in a bid to counter China’s rise. It had robust bipartisan assist — an indication of how giant the perceived risk from China looms.



RACHEL MARTIN, HOST:

So the Senate did one thing outstanding yesterday. It handed a invoice with robust bipartisan assist, and it is a huge one. The Innovation and Competitors Act of 2021 unlocks almost $250 billion in funding for science and know-how within the U.S. It is designed to counter China’s rising energy in these areas. NPR China affairs correspondent John Ruwitch studies.

JOHN RUWITCH, BYLINE: The invoice handed with greater than two-thirds of the Senate in favor, which highlights the extent of alarm over China’s burgeoning tech prowess.

(SOUNDBITE OF ARCHIVED RECORDING)

CHUCK SCHUMER: The world is extra aggressive now than at any time for the reason that finish of the second world struggle.

RUWITCH:

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Authorities spent over £30,000 selling flop Choose For Britain scheme that didn’t recruit British volunteers to avoid wasting nation’s crops

The Authorities spent greater than £30,000 selling the failed Choose For Britain scheme as farmers couldn’t recruit the 60,000 British volunteers wanted to avoid wasting UK crops when the coronavirus pandemic stopped seasonal overseas staff from coming into the final 12 months.

But £29,830 was spent between April 2020 and April 2021 on the failed scheme, the Division for Atmosphere, Meals and Rural Affairs (Defra) advised the Day by day Mail in a response to a Freedom of Data request.

The determine contains £1,424 paid to Concordia Ltd, a volunteering and worldwide work placements charity, for a movie of UK farm staff ‘used to create promotional recruitment supplies for the Choose for Britain marketing campaign’, the division’s response learn.

One other £2,500 was then paid to the Nationwide Union of College students (NUS) so the Authorities might discover out what went incorrect after the scheme was scrapped in April 2021.

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Keystone XL Pipeline Developer Cancels Challenge, Ending Decade-Lengthy Battle : NPR

The developer of the Keystone XL oil pipeline has deserted the challenge after President Biden revoked a allow. It was a significant flashpoint within the debate over fossil fuels’ function in local weather change.



SARAH MCCAMMON, HOST:

The Keystone XL oil pipeline is not going to be constructed. A ultimate affirmation got here yesterday from the corporate behind the controversial challenge, ending a decade-long battle. It’s a huge win for environmentalists and a defeat for the oil trade. NPR’s Jeff Brady has coated the Keystone XL virtually from the beginning. And he joins us now. Good morning, Jeff.

JEFF BRADY, BYLINE: Good morning.

MCCAMMON: Effectively, as we each know, that is one thing pipeline opponents have been combating for years. I bear in mind reporting on this difficulty years in the past after I was based mostly within the Midwest. How are these activists responding now?

BRADY: They’re undoubtedly celebrating.

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Higher Crust proprietor SSP Group again on monitor after closures wipe out meals gross sales

The transport catering group behind the Ritazza and Higher Crust manufacturers reported indicators of a buying and selling enchancment however cautioned that it didn’t count on to return to pre-pandemic ranges till 2024.

SSP Group mentioned that gross sales for this month had been down 70 per cent on 2019 ranges. This was an enchancment on the 78 per cent fall reported within the second quarter, reflecting higher buying and selling in Britain and america. The variety of websites open had elevated from 32 per cent to 40 per cent.

It mentioned that money burn had moderated to £23 million, in contrast with earlier steering of £25 million to £30 million because it hammered away at prices, whereas liquidity was sturdy at £843 million after the latest £475 million fairness increase, its second of the pandemic.

Simon Smith, chief govt, mentioned that redundancies within the UK had been nearer to

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U.S. Recovers Some Of The Ransom Paid To Colonial Pipeline Hackers : NPR

The Justice Division has recovered a lot of the ransom paid to hackers final month throughout the Colonial Pipeline ransomware assault. The corporate had been pressured to close down its operations.



LEILA FADEL, HOST:

The FBI has recovered thousands and thousands in ransom paid to finish a cyberattack on one of many nation’s largest gasoline pipelines.

RACHEL MARTIN, HOST:

Proper. So Colonial Pipeline paid about $4.4 million value of Bitcoin to finish the assault final month. U.S. officers say they recovered most of that from a digital pockets.

FADEL: NPR justice correspondent Ryan Lucas joins us now with extra. Hey, Ryan.

RYAN LUCAS, BYLINE: Good morning.

FADEL: So how did investigators monitor down this cash and get it again?

LUCAS: Properly, U.S. officers say a legal hacker group referred to as DarkSide was behind this ransomware assault in opposition to Colonial final month. DarkSide is predicated in Russia. And the

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