Much of the coverage of Amazon.com Inc.’s appeal of the $10 billion-a-year JEDI contract focused on President Donald Trump’s antagonistic tweets and statements about Chief Executive Jeff Bezos, but as is typical in this administration, the actions taking place in secret amid the tweets are much more important. As impeachmentRead More →
Amazon founder and CEO Jeff Bezos said the company won’t shy away from the business of warfare — and aims to compete for more defense contracts. Bezos made the comments during a two-day defense forum that closed out Saturday at the Reagan Library in Simi Valley, California, saying his companyRead More →
With its stunning win of a lucrative $10 billion Pentagon technology contract Friday, Microsoft Corp. not only beat Amazon.com Inc. but also uprooted its larger rival as the federal government’s go-to cloud-computing vendor. Microsoft’s MSFT, +0.56% cloud-computing powerhouse Azure, which scored another multibillion-dollar government contract in August, was awarded theRead More →
(Bloomberg) — Treasury Secretary Steven Mnuchin has told large U.S. banks including Goldman Sachs Group Inc (NYSE:). and American Express Co (NYSE:). they should do more to help black- and women-owned community banks win federal contracts. Mnuchin in a letter this week asked some of the country’s biggest banks toRead More →
© Reuters. A Volkswagen logo is seen at Serramonte Volkswagen in Colma, California FRANKFURT (Reuters) – Volkswagen (DE:) will not be excluded from public sector contracts in the United States following its emissions scandal but will install a second U.S. monitor at its German headquarters, a spokesman for the carmakerRead More →
© Reuters. Mexico bans Brazil’s Odebrecht from participating in federal contracts MEXICO CITY (Reuters) – Mexico has prohibited scandal-plagued Brazilian construction conglomerate Odebrecht SA from participating in public federal contracts, Mexico’s public administration ministry said on Friday. State-owned entities, such as oil firm Pemex, are banned from entering into aRead More →
© Reuters. A man walks past the entrance to the Hong Kong Exchanges bearing a new logo in Hong Kong SHANGHAI/HONG KONG (Reuters) – Global index publisher MSCI and the Hong Kong stock exchange said on Monday they will launch futures contracts on the MSCI China A Index to provideRead More →
