Tag Archives: Pentagon

Financial Daily Dose 3.25.2020 | Top Story: Markets Jump On New Congressional Stimulus Deal Agreement

BY: Michael D. Reif | March 25, 2020

Tuesday was one of those rare Bear Market good days. Renewed optimism about a forthcoming Congressional stimulus deal (including the estimated $2 trillion it encompasses) and more time to digest the Fed’s commitment to warding off economic disaster left traders in a buoyant mood. The Dow jumped a full 11%, and the S&P 500 was … Continue reading

Financial Daily Dose 2.14.2020 | Top Story: Amazon Wins Injunction of JEDI Cloud-Computing Contract

BY: Michael D. Reif | February 14, 2020

In a massive win for Amazon (because, again, Jeff NEEDS it), Court of Federal Claims Judge Patricia Campbell-Smith has granted the company’s motion for an injunction halting Microsoft’s work on the $10 billion cloud-computing JEDI contract for the Pentagon that it beat out Amazon for during the pendency of AWS’s challenge to the awarding of … Continue reading

Financial Daily Dose 2.11.2020 | Top Story: DOJ Indicts Four from Chinese Army Over 2017 Equifax Cyberattack

BY: Michael D. Reif | February 11, 2020

The DOJ has announced charges against four members of China’s military related to the 2017 cyberattack on credit-reporting agency Equifax, the breach that revealed “trade secrets and the personal data of about 145 million Americans.”  The indictment places the Equifax episode in a broader scheme by the Chinese army and intelligence services to steal data … Continue reading