All articles tagged with #private sector
The Trump administration is weighing a major shift to involve private companies in offensive cyberattacks, potentially expanding the private sector’s role in cyberwarfare and requiring new Congressional authorization; supporters argue it would greatly boost capacity and speed, while critics warn about legal questions, oversight, and the risk of escalation as a national cybersecurity strategy is fleshed out.
The US welcomes India's SHANTI Bill 2025, which modernizes India's nuclear legal framework, allows private companies to participate in nuclear energy, and aims to strengthen energy security and civil nuclear cooperation between the two countries.
Billionaire Jared Isaacman has been confirmed as NASA's new chief, marking a significant shift as he is the first non-professional astronaut and outsider to lead the agency, with a focus on returning humans to the Moon and fostering private sector competition in space exploration.
A record number of young Chinese are flocking to government jobs due to economic uncertainties, private sector layoffs, and a desire for stability, with competition for these roles becoming extremely fierce amid a slowing economy and waning confidence in higher degrees for better employment prospects.
The article highlights strong private sector job growth under President Trump, with 687,000 private jobs added since his inauguration, wage increases, and a focus on native-born American employment, while federal jobs decrease and overall economic indicators improve.
The US private sector added 42,000 jobs in October, marking a recovery after previous losses, but the growth is slow and concentrated in certain sectors, raising concerns about the overall health of the economy amid a slowdown and limited government data due to a shutdown.
In October, the US private sector added 42,000 jobs, marking a rebound after two months of weak hiring, with pay growth remaining flat at 4.5% year-over-year for job-stayers. The report highlights modest job gains in education, healthcare, and trade, while employment declined in professional services and leisure. Pay increases varied slightly by industry and firm size, with larger firms seeing the most growth.
The article discusses how France's private sector, through philanthropy and private foundations like Fondation Cartier and Fondation Louis Vuitton, significantly supports the country's cultural sector, complementing public funding amidst economic and political challenges. Despite the benefits, there are criticisms regarding tax advantages and unequal distribution of cultural investments, with concerns about the future of public cultural funding and the impact of political shifts on cultural support.
The US is developing a $20 billion private sector-backed rescue plan to support Argentina's debt market, aiming to total around $40 billion with existing US measures, as part of broader efforts to influence Latin America economically and politically.
A recent study found that private companies are just as inefficient as NASA when building spacecraft, especially for complex projects, challenging the idea that privatization saves money in space exploration.
The September ADP National Employment Report shows the private sector in the U.S. lost 32,000 jobs, with pay increases remaining steady at 4.5% year-over-year, indicating cautious hiring despite economic growth.
The U.S. government, under the Trump administration, plans to take ownership stakes in more companies, starting with nearly 10% in Intel, as part of a strategy to build a sovereign wealth fund, raising questions about government influence in private industry.
The article discusses how the Trump administration's approach to involving the government in private sector investments, particularly in Intel, has sparked mixed reactions among political and business figures, with concerns about potential impacts on investment and industry control, and some surprising support from figures like Bernie Sanders.
The new astronomer royal, Prof Michele Dougherty, supports the decision of the Royal Society to retain Elon Musk as a fellow, emphasizing the benefits of private sector involvement in space exploration despite some controversy over Musk's conduct. She highlights the positive impact of private companies like SpaceX on advancing space technology and exploration, and expresses her own focus on instrument-based exploration rather than becoming an astronaut.
The article emphasizes the convergence of NASA, private industry, military, and international partners in the new space age, highlighting the importance of public-private partnerships, technological advancements like laser communications, and international collaboration through initiatives like the Artemis Accords to maintain US leadership in space exploration and security.