Thursday newspaper round-up: Co-op, Jerome Powell, Elon Musk

(Sharecast News) - Co-op is secretly marking commonly stolen items including alcohol and laundry detergents with invisible "forensic spray" to track them, in the latest crackdown on shoplifting as a new law on retail crime kicks in. The supermarket aims to use the technique across the country having tested it in Manchester and London since last year. - Guardian Europe is "sleepwalking" into a series of economic and national security problems because of an over-reliance on Chinese green technology, according to experts. A report co-authored by Michael Collins, a former deputy head of national security strategy at the UK Cabinet Office, described the risks of depending on China for green tech as "serious". - Guardian

Jerome Powell has defied Donald Trump to stay on the Federal Reserve board after his term as the US central bank's chairman expires. Mr Powell warned that Fed independence was "at risk" and said he would stay on the board because "the institution is getting battered" after the US president's repeated attacks on the bank. His move will deny Mr Trump a vacancy on the board, which would have given him an opportunity to appoint an ally who would be aligned with his demands to bring down interest rates. - Telegraph

The minimum wage is freezing young people out of work, according to the chairman of the Confederation of British Industry (CBI). Cressida Hogg, the business lobby group's new chairman, will warn on Thursday that the minimum wage is fuelling youth unemployment by making it too expensive to hire people at the start of their careers. - Telegraph

Elon Musk has claimed he is not a "yeller" at work but could use words such as "jackass" to get people out of their comfort zone. The world's richest man testified for the second day on Wednesday in a trial over a lawsuit he brought against OpenAI, the creator of ChatGPT and one of the world's most valuable start-ups. Musk was a co-founder and early investor in OpenAI but quit as co-chair of the company in December 2018. - The Times