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Tag: National

National Express to use jobs bonus to cut bus fares

National Express to use jobs bonus to cut bus fares

Business
National Express has said it will use £4m from the government's Job Retention Bonus scheme to cut fares on its West Midlands and Dundee bus routes. It said the move, which will not affect coaches fares, would help boost demand and support the local economies.The bonus scheme will pay firms £1,000 for each employee brought back from furlough and employed until January.A Treasury spokesman told the BBC: "There's no restrictions on how firms can use the bonus payments."Rishi Sunak defends furlough bonus schemeNational Express said it would claim £4m from the Job Retention Bonus scheme for staff on its West Midlands and Dundee bus services, suggesting 4,000 workers will be brought back from furlough and employed until at least January. It said a "sizeable pro
SpaceX wins US military national security mission

SpaceX wins US military national security mission

Technology
Elon Musk's SpaceX has won a competitive contract to conduct secret national security launches for the US military, according to a US Air Force announcement.It's a well-paid privilege for the billionaire's company at $ 316m (£241m) and one that the private spaceflight company has battled for too - having twice sued the US military after previously being denied similar contracts. One launch has been confirmed for 2022, and the Pentagon expects it will use SpaceX for a dozen more missions up until 2026, but no details will be released about the classified payloads. Image: Elon Musk's company previously sued the US over launch contracts The contract for phase two of the National Security Space Launch (NSSL) programme will cover 40% of mi
Seoul National University students accuse faculty of money laundering

Seoul National University students accuse faculty of money laundering

World
July 21 (UPI) -- Students at Seoul National University are calling for justice following revelations professors at the top-ranked South Korean school seized scholarships intended for graduate students. A student committee from the school's college of the humanities said Tuesday during a press conference they are calling for the funds to be returned. They also urged the school to take preventative measures against corrupt faculty practices, News 1 reported. Advertisement The students are demanding school authorities conduct an audit of the finances of the Spanish department for the years 2009 to 2013, when graduate students may have not received compensation. On Tuesday, a student who had previously filed a sexual harassment complaint against a professor in the Spanish department urged the...
This city is giving residents $500 per month. Some hope it can become a national plan

This city is giving residents $500 per month. Some hope it can become a national plan

Finance
Tomas Vargas, Jr., of Stockton, Calif., says that receiving money through the city's universal basic income experiment has been life changing.Snap Jackson PhotographyA few years ago, Tomas Vargas, Jr., was having a tough time supporting his family.The Stockton, California, resident, a part-time supervisor at UPS, found his paychecks were not enough to cover his expenses. To pick up extra cash, he looked for more work, by fixing cars and helping neighbors out around their houses."I was stressed out," Vargas, 36, said. "I was living paycheck by paycheck but I was having to hustle on top of it to get my bills paid."Then, something changed. He was selected to participate in a new program offered by the city.Called SEED, which stands for Stockton Economic Empowerment Demonstration, the program ...
TikTok says it will no longer operate in Hong Kong due to national security law

TikTok says it will no longer operate in Hong Kong due to national security law

Technology
TikTok has said it will no longer operate in Hong Kong after China's new national security law demanded it hand over user data.Technology giants including Google, Twitter and Facebook have also said they will deny requests for user data from Hong Kong law enforcement while they examine the implications of the new legislation. Professional networking site LinkedIn and video conferencing software Zoom have said they too are "pausing processing data requests from and related to Hong Kong" in light of the law.It comes after the Hong Kong government announced how some aspects of the security law will be implemented late on Monday. Police will no longer have to seek court orders before requiring internet users or service providers to remove posts or aid investigations. ...