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UK payrolled employees surge by 197,000 in May
  + stars: | 2021-06-15 | by ( David Milliken | ) sentiment -1.00   time to read: 1 min
LONDON, June 15 (Reuters) - The number of employees on British company payrolls in May surged by 197,000 from April as COVID restrictions eased and pubs and restaurants resumed indoor service, tax data showed on Tuesday. The headline unemployment rate for the three months to April fell to 4.7%, the Office for National Statistics said, in line with economists’ forecasts in a Reuters poll. (Reporting by David Milliken, editing by Andy Bruce)
Persons: David Milliken, Andy Bruce Organizations: payrolls, National Statistics
Workers walk to work during the morning rush hour in the financial district of Canary Wharf in London, Britain, January 26, 2017. "The level of employment is still well below its pre-crisis level, suggesting there is still plenty of slack in the labour market," said Thomas Pugh, UK economist at Capital Economics. This paid wages on 8.9 million jobs at its peak in May 2020, during the first COVID lockdown, and supported 3.4 million jobs in April 2021. More recent ONS survey data pointed to a further fall to just over 2 million jobs by mid-May, and Tuesday's data showed the most job vacancies since the pandemicbegan. This category includes students and people caring for family, as well as those who have given up looking for work.
Persons: Eddie Keogh, payrolls, Thomas Pugh, Rishi Sunak Organizations: REUTERS, Capital Economics, Bank of England, ONS, Thomson Locations: Canary Wharf, London, Britain
Doctors in India say COVID-19 patients have unusual symptoms that could be due to the Delta variant. Doctors in India claim that the highly infectious Delta variant could cause unusual symptoms such as gangrene and hearing loss, which they say are becoming more common in COVID-19 patients of all ages. The highly infectious variant has spread to 67 countries and is becoming more common around the world. The Delta variant is estimated to be 60% more infectious than the Alpha variant that's currently the most common in the US. A Public Health England document from May reported the Pfizer and AstraZeneca vaccines were respectively 88% and 60% effective against the Delta variant after both doses.
Persons: Anthony Fauci, Joe Biden's, didn't, Ganesh Manudhane, Manudhane, Dr, Abdul Ghafur, hadn't, Anurag Agarwal, Agarwal, Neil Ferguson, Dr Jeffery Barrett, Barrett, Pradeep Gaur, Harsh Vardhan, it's, Ghafur, Shailesh Kothalkar, David Denning Organizations: Bloomberg, Daily Mail, Alpha, Health, Pfizer, AstraZeneca, Delta, Seven Hills, Apollo Hospital, Indian, of Medical Research, of Genomics, MRC Centre, Infectious, Imperial College London, Genomics, Wellcome Sanger Institute, Rapid, Getty, Seven Star Hospital, Telegraph, University of Manchester, Global, Fund, Fungal Infections Locations: India, COVID, Mumbai, Chennai, Nature, Delhi, New Delhi, Nagpur
This soaring inflation is a byproduct of the country's "exceptional" recovery, the bank said. Inflation in the US is handily outpacing that of other advanced economies, and it's probably thanks to the country's stellar recovery, JPMorgan economists said. va JPMorgan JPMorganThe latest inflation readings are unusually strong, but are likely a byproduct of the US' outperformance, the JPMorgan team led by Bruce Kasman said in a Friday note. "Although core inflation is tracking above the pre-pandemic pace elsewhere, the US has been exceptional for a number of reasons," the JPMorgan economists added. Trends in the US labor market also contributed to the country's strong recovery and faster inflation, the team added.
Persons: it's, Bruce Kasman, they're, Joe Biden Organizations: JPMorgan, US, Federal Reserve, JPMorgan JPMorgan, World Bank Locations: Western Europe
New York (CNN Business) Attorney General Merrick Garland says he will work to put the Justice Department's new pledge against spying on journalists into regulation, so that the promise has some teeth. Garland met with executives from CNN, The New York Times and The Washington Post on Monday afternoon in the wake of startling disclosures about the seizure of phone records from journalists at the three news outlets. The meeting was technically off the record, making the conversations private, but both sides made some brief comments afterward. "We are very encouraged by everything we heard today," Reporter's Committee for Freedom of the Press executive director Bruce Brown told journalists afterward. In effect the Biden administration is making a major shift from the past and saying it will not use subpoena powers to obtain reporters' records and try to catch sources who leak information to them.
Persons: General Merrick Garland, Department's, Garland, Bruce Brown, Biden, Read Organizations: CNN Business, CNN, The New York Times, Washington Post, Freedom, Press Locations: York
U.S. judge dismisses antitrust lawsuits over college textbooks
  + stars: | 2021-06-14 | by ( Jonathan Stempel | ) sentiment -1.00   time to read: +2 min
Inclusive Access requires students to buy one-time access codes for purchases of online textbooks, which typically cost less than new hardcopy textbooks but more than used textbooks. She also said the independent bookstores and online textbook sellers lacked standing to sue because it was the adoption by hundreds of colleges and universities of digital textbooks, rather than the defendants' conduct, that hurt their sales. "Any injury to the plaintiffs is due to the institutions selecting brick-and-mortar retailers other than the plaintiffs as their on-campus bookstores," the judge wrote. Bruce Steckler, a lawyer for the independent bookstores and online sellers, declined to comment. The case is In re Inclusive Access Course Materials Antitrust Litigation, U.S. District Court, Southern District of New York, No.
Persons: Mike Segar, Denise Cote, McGraw Hill, Cote, Bruce Steckler Organizations: Columbia University, REUTERS, Barnes & Noble Education, Follett Higher Education Group, Cengage Learning, McGraw, Pearson Education, Litigation, Court, Southern District of, Thomson Locations: New York, U.S, Manhattan, Southern District, Southern District of New York
“We are falling short of where we want to ultimately be,” said Room & Board President Bruce Champeau. About half the items Room & Board sells are in stock, down from 90% normally. Robert Arbaugh bought a kitchen table, four chairs, and a couch from Room & Board last year after moving into a condominium in Philadelphia. Like many companies, Room & Board and its suppliers largely shut down last March as the pandemic arrived in the U.S. Room & Board expects sales of $650 million this year across its 19 stores, up from around $500 million in 2020.
Persons: , Bruce Champeau, smooths, Robert Arbaugh, Arbaugh, Judy Bell, Loll, “ It’s, Nate Heydt, Gene Wilson, Wood, ” Mr, Wilson, Mark Cutshaw, ” Wood, Austen Organizations: Board Inc, Bell, Board, IKEA, U.S, Bell Manufacturing, Services Inc, Loll Designs, N.D, Products Inc, Products, Wood Locations: U.S, Minneapolis, China, Philadelphia, Duluth, Minn, Texas, Loll, Grand Forks, Asia
Economic output rose by 2.3% month-on-month in April, marking the fastest growth since July, the ONS said, and slightly above the Reuters poll consensus for a 2.2% increase. However, British economic output remained 3.7% below its level in February 2020, before the pandemic led to lockdown measures, the ONS said. Construction output fell unexpectedly by 2.0% in April - although the ONS said this followed a hefty 5.8% jump in March. Last month the Bank of England raised its forecast for British economic growth in 2021 to 7.25% from February's estimate of 5.0%. That would be the fastest annual growth since 1941 when Britain was rearming during World War Two.
Persons: Paul Childs, Thomas Pugh, Boris Johnson, Johnson, Rishi Sunak, Samuel Tombs Organizations: REUTERS, Office, National Statistics, Capital Economics, Reuters, Bank of England, EU, Macroeconomics, Thomson Locations: Bedford, Britain, England, COVID, India
Kim Kardashian has no regrets as 'Keeping Up' reality series ends
  + stars: | 2021-06-11 | by ( Jill Serjeant | ) + 0.00   time to read: +3 min
Television personality Kim Kardashian attends a panel for the documentary "Kim Kardashian West: The Justice Project" during the Winter TCA (Television Critics Association) Press Tour in Pasadena, California, U.S., January 18, 2020. REUTERS/Mario Anzuoni/File PhotoAfter 14 years of drama, fashion and family, "Keeping Up with the Kardashians," the television series that made Kim Kardashian and her siblings household names, took its final bow on Thursday with hugs, tears and gratitude. This was, like, the best decade and a half of my life," Kim Kardashian says in the finale. It also launched the beauty and fashion empires of Kim Kardashian and her half sister Kylie, Kendall Jenner's modeling career, spinoff shows for Khloe and Kourtney Kardashian and a social media presence in which Kim now counts some 227 million Instagram followers. West and Caitlyn Jenner did not appear in the final episode, which was filmed last winter, before Kim Kardashian filed for divorce and Jenner announced she was running for election as California governor.
Persons: Kim Kardashian, Kim Kardashian West, Mario Anzuoni, Kris Jenner, Kylie Jenner, Kardashian, Jenner, Kim Kardashian's, Kanye West, Khloe, Lamar Odom, Bruce Jenner, Caitlyn Jenner, Kylie, Kendall Jenner's, Kourtney Kardashian, Kim Organizations: TCA, Television, Association, REUTERS, Khloe, NBC, Network, Audiences, Thomson Locations: Pasadena , California, U.S, California, United States
Dr. Anthony Fauci on Wednesday said that attacks on him were "attacks on science." Fauci said he could "debunk" every criticism of his decisions, which were "fundamentally based on science." Dr. Anthony Fauci said Wednesday that all his COVID-19 recommendations were "fundamentally based on science," following criticism from a Republican senator. Fauci, President Joe Biden's chief medical advisor, told NBC News that "attacks on me, quite frankly, are attacks on science." "If you are trying to, you know, get at me as a public health official and a scientist, you are really attacking not only Anthony Fauci, you are attacking science," Fauci said.
Persons: Anthony Fauci, Republican Sen, Marsha Blackburn, Fauci, Mark Zukerberg, Joe Biden's, Sen, Mark Zuckerberg, Zuckerberg, Donald Trump, he'd Organizations: Republican, NBC News, Facebook, GOP, North, Republican Party Locations: Wuhan, China
Biden's inner circle of trusted aides includes longtime consiglieres but a few relative newcomers. President Joe Biden regularly convenes his crew of senior advisors in huddles for "small strategy group" discussions. It's an exclusive invitation in the Biden White House that's reserved for the president's inner circle. The roster includes mostly longtime Biden consiglieres, but also a few relative newcomers to BidenWorld who have gained clout with the president. A White House aide confirmed to Insider that the group meets regularly with the president, but declined to offer additional details.
Persons: They've, Joe Biden, Biden consiglieres, BidenWorld, Biden, Ron Klain, Bruce Reed, Steve Ricchetti, Mike Donilon, Anita Dunn, Jen O'Malley Dillon, Cedric Richmond, Trump, It's Organizations: Biden White, White, Washington Post, Biden Locations: huddles
Dr. Fauci said Tuesday that the highly infectious Delta variant, first found in India, could take over in the US. Fauci said getting two doses of COVID-19 vaccine would stop the Delta variant from spreading. Dr. Anthony Fauci, President Joe Biden's chief medical advisor, said Tuesday that in the UK, the Delta variant had rapidly emerged as the dominant variant, replacing the Alpha variant. The Delta variant accounts for more than 6% of sequenced tests in the US and 60% of infections in the UK, Fauci said. The Delta variant is at least as infectious as the Alpha variant, and has now spread to more than 60 countries.
Persons: Fauci, Anthony Fauci, Joe Biden's, Read, Biden Organizations: Alpha, House, Biden Administration, Centers for Disease Control Locations: India, United States
One of Trump's impeachment lawyers is now representing an accused insurrectionist, NPR reported. "On January 6, 2021, rioters entered the Capitol building and wrought unprecedented havoc, mayhem, and death," Trump's defense team said in an impeachment brief ahead of Trump's trial. Now, according to NPR, van der Veen is representing someone accused of participating in the siege. Castor is representing Yevgeniya Malimon and her daughter Kristina Malimon, both of whom were arrested on the evening of January 6 outside the Capitol. Van der Veen and Castor did not respond to multiple requests for comment from NPR, and they didn't immediately respond to Insider's request for comment.
Persons: insurrectionist, Donald Trump, Michael van der Veen, der Veen, Van der Veen, Jason Dolan of, Dolan, WPTV, van der Veen, Bruce Castor, Castor, Malimon, Kristina Malimon, Muriel Bowser's Organizations: NPR, Capitol, Marine Corps Locations: Van, Jason Dolan of Wellington , Florida, West Palm Beach , Florida, Oregon, Washington
Bruce Springsteen Set to Return to Broadway
  + stars: | 2021-06-07 | by ( Charles Passy | ) + 1.00   time to read: +1 min
Bruce Springsteen will reprise his acclaimed, largely solo show, titled “Springsteen on Broadway,” for a limited engagement, starting June 26, at New York’s St. James Theatre. Mr. Springsteen’s engagement will mark the first Broadway show to open since the industry closed abruptly in March 2020 because of the Covid-19 health crisis. Other Broadway productions are scheduled to begin running in August and September. “I loved doing ‘Springsteen on Broadway’ and I’m thrilled to have been asked to reprise the show,” Mr. Springsteen said in a statement. Audience members will be required to be fully vaccinated and present proof of vaccination status to attend Mr. Springsteen’s show.
Persons: Bruce Springsteen, “ Springsteen, , ‘ Springsteen, I’m, Mr, Springsteen, Springsteen’s Organizations: Broadway, James Theatre Locations: New York’s St
Funding and vaccines sought from G20 nations for COVAX, says WHO
  + stars: | 2021-06-07 | by ( ) sentiment -0.99   time to read: +1 min
A nurse prepares to administer the AstraZeneca/Oxford vaccine under the COVAX scheme against the coronavirus disease (COVID-19) at the Eka Kotebe General Hospital in Addis Ababa, Ethiopia March 13, 2021. REUTERS/Tiksa Negeri/File PhotoA senior World Health Organization (WHO) official said on Monday that talks were being held with G20 countries, including China and India, regarding financial and COVID-19 vaccine donations to the COVAX dose-sharing facility. Bruce Aylward, senior adviser to the WHO director-general and the agency's coordinator of the ACT-Accelerator, also told reporters WHO wanted the United States, European Union member states, Britain, Canada and Japan to contribute doses. Aylward said that a proposal submitted last Friday by the EU to the World Trade Organization to widen COVID-19 vaccine access did not go far enough and said a waiver of patent rights "would add value". read moreOur Standards: The Thomson Reuters Trust Principles.
Persons: Bruce Aylward, Aylward Organizations: AstraZeneca, Oxford, REUTERS, Tiksa, Health Organization, WHO, ACT, European Union, EU, World Trade Organization, Thomson Locations: Addis Ababa, Ethiopia, China, India, United States, Britain, Canada, Japan, COVID
Bruce Springsteen Will Return to Broadway in June
  + stars: | 2021-06-07 | by ( Ben Sisario | ) + 1.00   time to read: +1 min
Bruce Springsteen is returning to Broadway. “Springsteen on Broadway,” the rock legend’s autobiographical show, which ran for 236 performances, including seven previews, in 2017 and 2018, will open on June 26 at the St. James Theater, at 246 W. 44th Street, and have additional performances through Sept. 4, according to an announcement. Tickets go on sale Thursday at noon Eastern time through SeatGeek, the show’s official ticket seller. SeatGeek, a challenger to Ticketmaster, has a deal with Jujamcyn Theaters, which operates the St. James as well as the Walter Kerr Theater, where “Springsteen on Broadway” had its initial run. According to the show’s announcement, audience members will be required to show proof of full Covid-19 vaccination to enter the theater.
Persons: Bruce Springsteen, “ Springsteen, James, Walter Kerr, Broadway ” Organizations: Broadway, St, James Theater, Ticketmaster, Jujamcyn Theaters, Walter Kerr Theater, Labor Locations: SeatGeek, United States
Bruce Springsteen is reviving his solo show, "Springsteen on Broadway," later this month. To get a seat, all audience members will need to prove they're fully vaccinated, according to Jujamcyn Theaters , whose St. James Theater will host the revival. "I loved doing 'Springsteen on Broadway' and I'm thrilled to have been asked to reprise the show as part of the reopening of Broadway," Springsteen said in a statement. "Springsteen on Broadway" originally played 236 performances in 2017 and 2018, scoring Springsteen a Special Tony Award. In it, the Rock and Roll Hall of Famer sprinkles in stories about his life between songs, taken from his 2016 autobiography "Born to Run."
Persons: Bruce Springsteen, Springsteen, James, Famer sprinkles Organizations: CNN, Broadway, Jujamcyn Theaters, James Theater, Hall, Famer Locations: Broadway
Signs are seen before the debut of "Springsteen on Broadway" at the Walter Kerr Theatre in New York, U.S., October 12, 2017. The singer-songwriter will open his "Springsteen on Broadway" one man show on June 27 for a limited summer run until Sept. 4, producers announced on Monday. Audience members must provide proof of full COVID-19 vaccinations to attend. “I loved doing 'Springsteen on Broadway' and I’m thrilled to have been asked to reprise the show as part of the reopening of Broadway,” Springsteen said in a statement. Broadway shows have been shuttered since March 2020 because of the pandemic but many have recently announced reopening dates starting in August and September.
Persons: Springsteen, Walter Kerr, Eduardo Munoz Rocker Bruce Springsteen, , ” Springsteen Organizations: Walter, Walter Kerr Theatre, REUTERS, Broadway, Thomson Locations: New York, U.S, New York's, Broadway, New Jersey
The protocol introduced checks on some goods moving from mainland Britain to Northern Ireland, a British province which has a land border with EU member Ireland. David Frost, Britain's minister in charge of EU ties, said EU negotiators needed to adopt a "new playbook" for talks. In comments published by the Financial Times, Frost said the EU needed to show more pragmatism and less "legal purism". Ireland's foreign affairs minister, Simon Coveney, said Frost continued to blame EU inflexibility for difficulties around the protocol. Some politicians fear the dispute could spill over into violent protest in Northern Ireland.
Persons: Ursula von der Leyen, Boris Johnson, Olivier Hoslet, Joao Vale de, David Frost, Frost, Simon Coveney Organizations: European, British, European Union, EU, Ireland, Times Radio, Financial Times, Twitter, Thomson Locations: Brussels, Belgium, London, Northern Ireland, Britain, British, United Kingdom, Joao Vale de Almeida, EU, Ireland
Star of ‘I May Destroy You’ wins big at Britain’s BAFTA awards
  + stars: | 2021-06-06 | by ( Andy Bruce | ) + 0.00   time to read: +3 min
Michaela Coel, the star and creator of drama series “I May Destroy You”, was the big winner at Britain’s BAFTA awards on Sunday, taking home the television awards for the miniseries and leading actress. Many nominees attended the awards in person at the London ceremony, with indoor gatherings now allowed in England following a partial lifting of COVID-19 lockdown rules. "Dear God we're going to have a party when I get back to England," James told the BAFTA awards via video link. Paul Mescal, a first-time nominee who starred in Irish drama series "Normal People", took the award for leading actor. “Gee Walker, thank you for having the bravery and the strength to ask Jimmy McGovern to write your son’s story - to celebrate the person that Anthony Walker should have been, and never was,” Ayola said in her acceptance speech.
Persons: Michaela Coel, Arabella, who's, Coel, Ita O'Brien, George Floyd, Ashley Banjo, Lennie James, we're, James, Paul Mescal, Malachi Kirby, Oscar, Steve McQueen, Rakie Ayola, Anthony, Jimmy McGovern, Anthony Walker, Ayola, Gee Walker, Anthony's, “ Gee Walker, ” Ayola Organizations: British Academy of Film, Television Arts, BAFTA, Thomson Locations: England, London, Liverpool
Multilateralism is back: Yellen hails G7 collaboration
  + stars: | 2021-06-05 | by ( Reuters Staff | ) + 1.00   time to read: 1 min
LONDON, June 5 (Reuters) - The world’s leading nations can secure historic agreements over tax rates and countering the COVID pandemic when they work together, United States Treasury Secretary Janet Yellen said on Saturday, hailing the level of collaboration at the G7. Speaking in London after finance ministers at the Group of Seven rich nations had agreed a deal on a minimum corporate tax rate, Yellen said: It’s complicated, this negotiation has been going on for, I believe, eight years. “It stalled under the Trump administration. And so I really consider this a historic achievement, and it shows that multilateral collaboration can be successful. “What I’ve seen during my time at this G7 is deep collaboration and a desire to coordinate and address a much broader range of global problems.” (Reporting by Andy Bruce; writing by Kate Holton, editing by David Milliken)
Persons: Janet Yellen, Yellen, Trump, Andy Bruce, Kate Holton, David Milliken Organizations: United States Locations: London
Yellen urges G7 nations to pursue sustainable growth
  + stars: | 2021-06-05 | by ( Reuters Staff | ) + 0.99   time to read: 1 min
LONDON, June 5 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Saturday there was a concern among some Group of Seven nations about fiscal sustainability after the pandemic and urged them to pursue continued support for the recovery. Speaking in London after a G7 finance ministers meeting, she said: “I think all of the G7 countries have had robust responses to the pandemic... but there is a concern among some about fiscal sustainability, and an evident desire to begin to withdraw accommodation when things are back on track. “And we think that most countries have fiscal space, and have the ability to put in place fiscal policies that will continue promoting recovery and deal with some of the long run challenges.” (Reporting by Andy Bruce; writing by Kate Holton; editing by Michael Holden)
Persons: Janet Yellen, , Andy Bruce, Kate Holton, Michael Holden Organizations: . Treasury, Seven Locations: London
LONDON/WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen on Saturday urged her G7 counterparts to keep up fiscal support for their economies, despite “transitory” inflation that she said will remain elevated through the rest of the year. U.S. Treasury Secretary Janet Yellen reacts at Lancaster House during a finance ministers' meeting ahead of the G7 Summit, in London, Britain June 5, 2021. While G7 countries have had robust fiscal responses to the pandemic, she said “there is a concern among some about fiscal sustainability, and an evident desire to begin to withdraw accommodation when things are back on track,” Yellen said. Yellen said inflation will remain elevated at 3% on a year-over-year basis until about the end of 2021. “And while we’re seeing some inflation, I don’t believe it’s permanent.”Yellen said the G7 finance ministers agreed to ambitious commitments to de-carbonize their economies and mobilize public and private finance for action to combat climate change.
Persons: Janet Yellen, Rob Pinney, REUTERS Yellen, ” Yellen, , Yellen, Organizations: . Treasury, Saturday, U.S, Treasury, Lancaster House, REUTERS Locations: WASHINGTON, London, Britain
U.S. Treasury Secretary Janet Yellen leaves at the end of a news conference, after attending the G7 finance ministers meeting, at Winfield House in London, Britain June 5, 2021. Her comments placed a different emphasis on fiscal support than the joint statement by the G7 finance ministers, which also stressed the need to ensure long-term sustainability of public finances once the recovery takes hold. Last week, U.S. President Joe Biden’s administration put forward a $6 trillion budget plan that opponents said will fuel higher inflation - something that Yellen on Saturday said was unlikely to be permanent. “And while we’re seeing some inflation, I don’t believe it’s permanent.”Yellen said the G7 finance ministers agreed to ambitious commitments to de-carbonize their economies and mobilize public and private finance for action to combat climate change. “To facilitate the mobilization of private climate finance, the G7 also agreed to take action to improve the availability of consistent, comparable, and decision-useful climate-related financial information to market participants,” Yellen said in prepared remarks.
Persons: Janet Yellen, Justin Tallis, REUTERS Yellen, , Joe Biden’s, , ” Yellen, Yellen Organizations: . Treasury, Treasury, Winfield House, REUTERS Locations: WASHINGTON, London, Britain, United States
On Voting Rights, it Can Cost Companies to Take Both Sides
  + stars: | 2021-06-05 | by ( Ephrat Livni | ) + 0.98   time to read: +2 min
Partners of the Center for Political Accountability have also won agreements from nine companies without their resolutions going to a vote, while three proposals were withdrawn based on conversations with companies about improving transparency into their political spending. “This is the strongest opening we’ve had,” said Bruce Freed, the president of the Center for Political Accountability. “It sends a strong message to companies that shareholders want them to adopt disclosure and accountability policies for their political spending with corporate funds. It has filed more than 150 shareholder proposals on political spending since 2010, gaining approval or agreements in about a quarter of cases. “It puts companies, and their value, at risk.”Disclosures about political spending are inextricably linked to E.S.G.
Persons: , Bruce Freed, Thomas DiNapoli, Allison Herren Lee Organizations: Chemed, Partners, Center for Political, Companies, New York, Securities and Exchange Commission Locations: United, York, New York State
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