Business

General Electric to cut 10,000 aviation jobs

General Electric announced Monday it will cut an additional 10,000 jobs from its aviation sector as the coronavirus pandemic decimates the industry, forcing companies to cancel orders.

Business

Congress panel calls on Amazon chief Bezos to testify

A US congressional panel on Friday called on Amazon chief Jeff Bezos to testify about allegations the online giant used sensitive data from third-party sellers on its platform to develop competing products.

Business

Pentagon: $10B cloud contract that snubbed Amazon was legal

The Pentagon's process for awarding a highly lucrative cloud computing contract to Microsoft instead of Amazon was in line with legal and government purchasing standards, a government watchdog agency said Wednesday.

Security

Watchdog finds new problems with FBI wiretap applications

The FBI has failed to follow its own policies for ensuring the accuracy of applications it submits to conduct wiretaps in national security investigations, including in some cases by not having documentation to support arguments ...

Business

Will the US government nationalize Boeing?

About 12 years after the US government bailed out General Motors and Chrysler, Washington policymakers are debating how to throw Boeing a lifeline as it reels from dual crises over the coronavirus and 737 MAX.

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