Day: April 6, 2023

The Government Accountability Office denied a protest from defense contractors Sikorsky and Boeing over the Army’s decision last year to award a lucrative helicopter contract to rival Bell Textron, Inc.

The Governmental Accountability Office denied a protest from defense contractors Sikorsky and Boeing over the Army’s decision last year to award a lucrative helicopter contract to rival Bell Textron, Inc.

Californians should expect to see higher prices again this summer as Middle East oil producers cut production, according to industry experts. The Organization of Petroleum Exporting Countries (OPEC+) announced April 3 the decision by a handful of countries—including Russia and Saudi Arabia—to cut oil production by about 1.4 million barrels a day starting next month.…

House Speaker Kevin McCarthy met with Taiwanese President Tsai Ing-Wen on Wednesday in an aim to strengthen U.S.-Taiwan relations.

Army special operations soldiers and FBI agents stormed a hotel suite in Boston earlier this week, nabbing a man they believed was the “suspect” in a training exercise. They quickly handcuffed the man and interrogated him for about 30 minutes.

The U.S. Air Force is lowering body fat standards for new recruits as the military branch struggles to find enough people to join its ranks. The Air Force is lowering the body fat measurement to 26 percent for males and 36 percent for females, Leslie Brown, a spokesperson for the Air Force Recruiting Service, told…

House Speaker Kevin McCarthy urged for more U.S. weapons to be sent to Taiwan, an island China claims as its own, as he met with the Taiwanese president despite repeated warnings from China not to do so. McCarthy met with Taiwanese President Tsai Ing-wen on Wednesday at the Ronald Reagan Presidential Library in California, the…

It is quickly becoming clear that China is trying to dominate the world stage and dismantle the United States as the leading global super power. On Thursday, Chinese president Xi Jinping called for peace talks over the Ukraine crisis after he had a meeting with French President Emmanuel Macron who urged him to “bring Russia…

The Justice Department acknowledged Thursday that it “inadvertently” withheld evidence from defense attorneys representing a former top FBI official who was involved in the Trump-Russia collusion investigation and is now charged with conspiring with Russia to violate U.S. sanctions.

US Tech’s Dominance At Risk From China’s Reopening Authored by Simon White, Bloomberg macro strategist, The US tech sector, as well as the dollar and Treasuries, will come under pressure as China’s reopening gathers pace. In The Sun Also Rises, Ernest Hemingway memorably expressed the process of going bankrupt: “first gradually, then suddenly.” It is also…