Microsoft beats Amazon for Pentagon’s $10 bln cloud computing contract
Microsoft Corp. has won the Pentagon’s $10 billion cloud computing contract, the Defense Department said on Friday, beating out favorite Amazon.com Inc .
Microsoft wins Pentagon’s $10 billion cloud computing contract
Microsoft Corp. has won the Pentagon’s $10 billion cloud computing contract, the Defense Department said on Friday, beating out favorite Amazon.com Inc .
UAW turns to Ford after GM workers approve new contract
The United Auto Workers union said on Friday it has chosen Ford Motor Co as the next U.S. automaker the union will negotiate with after workers at General Motors Co approved a new contract deal.
Timeline: UAW members ratify new labor deal with GM to end strike
The United Auto Workers union said on Friday its members ratified a new four-year labor contract with General Motors Co , ending the strike with the No. 1 U.S. automaker after 40 days.
U.S., China ‘close to finalizing’ part of a Phase One trade deal: USTR
U.S. and Chinese officials are “close to finalizing” some parts of a trade agreement after high-level telephone discussions on Friday, the U.S. Trade Representative’s office said, adding that deputy-level talks would proceed “continuously.”
Boeing completes year of turmoil with promise to Indonesia on 737 MAX crash
Boeing Co on Friday promised to act on safety recommendations for its 737 MAX aircraft made in a new report by Indonesian investigators on the deadly Lion Air crash a year ago.
Wall Street Week Ahead: Bond fund managers see risk Fed cuts rates to zero
Speculation the Federal Reserve will continue cutting interest rates well past its policy meeting next week is pushing some bond fund managers into assets ranging from short-term Treasury bills to half-paid off 15-year home mortgages.
Exclusive: Wells Fargo lays off more than 200 business bankers in U.S. – sources
Wells Fargo & Co has laid off more than 200 bankers in its U.S. lending divisions in recent months, as the bank reacted to business trends and restructured some units, sources familiar with the matter said this week.
Global stocks, dollar, yields climb on trade progress news
Global stock indexes, the dollar and bond yields rose on Friday, with the S&P 500 nearing a record high as the United States said it was close to finalizing parts of a trade deal with China.
Two charities to pay $6 million to resolve U.S. pharma kickback probe
Two charities will pay $6 million to resolve claims they operated as pass-throughs for seven pharmaceutical companies to pay kickbacks to Medicare patients using their high-priced medications, the U.S. Justice Department said on Friday.
