FILE PHOTO: The Microsoft logo is pictured ahead of the Mobile World Congress in Barcelona, Spain February 24, 2019. REUTERS/Sergio Perez (Reuters) – Microsoft Corp. (MSFT.O) said in a statement on Saturday that the company appreciates being chosen by the U.S. Defense department (DoD) for the Pentagon’s $10 billion Joint Enterprise Defense Infrastructure Cloud (JEDI)
Business
WASHINGTON (Reuters) – Microsoft Corp. (MSFT.O) has won the Pentagon’s $10 billion cloud computing contract, the Defense Department said on Friday, beating out favorite Amazon.com Inc (AMZN.O). FILE PHOTO: Visitors stand in front of a display screen at Microsoft’s new Oxford Circus store ahead of its opening in London, Britain July 9, 2019. REUTERS/Simon Dawson
JAKARTA (Reuters) – Boeing (BA.N), acting without adequate oversight from U.S. regulators, failed to grasp risks in the design of cockpit software on its 737 MAX airliner, sowing the seeds for a Lion Air crash that also involved errors by airline workers and crew, Indonesian investigators found. FILE PHOTO: Lion Air’s Boeing 737 Max 8
SEOUL (Reuters) – Samsung Group heir Jay Y. Lee appeared at a Seoul courtroom on Friday for the start of a bribery trial that could result in a tougher sentence after South Korea’s top court ordered a review of his graft case. FILE PHOTO: Samsung Electronics vice chairman Jay Y. Lee arrives to attend a
BERGAMO, Italy (Reuters) – Brembo’s distinctive colored brakes stop many of the world’s fastest cars but when it comes to the electric vehicles of the future it faces a problem – traditional brakes are noisy. FILE PHOTO: Electric cars are parked for display during E-Rallye Baltica 2019 in Bauska, Latvia July 23, 2019. REUTERS/Ints Kalnins
SYDNEY (Reuters) – Asian shares pulled ahead on Thursday with corporate earnings buffeting trading as investors remained anxious about the business impact of the Sino-U.S. trade war while Brexit uncertainties kept overall sentiment in check. FILE PHOTO: Passersby are reflected on a screen displaying graphs of market indices outside a brokerage in Tokyo, Japan, August
(Reuters) – Boeing Co (BA.N) reported a 53% drop in quarterly profit on Wednesday as the world’s largest planemaker was hurt by the grounding of its best-selling 737 MAX jets. Aerial photos showing Boeing 737 Max airplanes parked at Boeing Field in Seattle, Washington, U.S. October 20, 2019. Picture taken October 20, 2019. REUTERS/Gary He
A bird flies across the U.S. Capitol rotunda, on Capitol Hill in Washington, U.S., October 22, 2019. REUTERS/Tom Brenner WASHINGTON (Reuters) – The U.S. House voted on Tuesday to advance legislation that would require most companies to disclose who actually owns them, as well as handing banks a long-sought update to anti-money laundering rules. The
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., October 21, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. stock index futures rose on Tuesday, after another batch of strong corporate earnings eased concerns over domestic growth and the fallout from the prolonged U.S.-China trade war. The benchmark
NEW YORK (Reuters) – The benchmark S&P 500 stock index rose within striking distance of a record high on Monday as further signs of progress toward resolution of the U.S.-China trade war boosted shares in sectors sensitive to trade and the global economy. U.S. President Donald Trump continued to strike optimistic tones, while White House
(Reuters) – Wall Street looked set to start the week on an upbeat note on Monday, as investors hoped for progress in resolving the U.S.-China trade war, but a fall in Boeing’s shares kept a lid on early gains. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New
FILE PHOTO: Thomson Reuters Chief Executive Jim Smith speaks about the deal with U.S. private equity firm Blackstone Group LP, during a staff town hall meeting in Toronto, Ontario, Canada January 31, 2018. REUTERS/Chris Helgren/File Photo NEW YORK (Reuters) – Thomson Reuters Corp (TRI.TO) has begun searching for a successor to Chief Executive Officer Jim
LAS VEGAS (Reuters) – New large corporate planes that can fly farther and an industry push toward sustainable aviation fuels are seen as bright spots as the world’s biggest business jet makers assemble in Las Vegas to showcase their offerings at the sector’s largest gathering. FILE PHOTO: Bombardier employee Francis Masse polishes the sign of
WASHINGTON (Reuters) – The collateral damage of the United States’ trade wars is being felt from the fjords of Iceland to the auto factories of Japan. FILE PHOTO: Newly manufactured cars of the automobile maker Honda await export at port in Yokohama, south of Tokyo June 23, 2015. REUTERS/Toru Hanai/File Photo Central bank governors and
A HNA Group logo is seen on the building of HNA Plaza in Beijing, China February 9, 2018. REUTERS/Jason Lee SHANGHAI (Reuters) – China’s indebted HNA Group has appointed its chairman’s son as president as part of business restructuring at the finance-to-aviation conglomerate, Chinese financial magazine Caixin reported on its website on Saturday. Chen Xiaofeng,
FILE PHOTO: Stickers bearing the Facebook logo are pictured at Facebook Inc’s F8 developers conference in San Jose, California, U.S., April 30, 2019. REUTERS/Stephen Lam/File Photo (Reuters) – Facebook Inc’s (FB.O) upcoming news tab will feature headlines from the Wall Street Journal and some other News Corp (NWSA.O) media properties when it launches in fall