Category: Government Contracts and Procurement

Biden Cuts Intel’s Chip Award

The Silicon Valley company will receive less money from the CHIPS Act after winning a $3 billion military contract and changing some of its investment commitments.
Washington Curtails Intel’s Chip Grant After Company Stumbles

The Biden administration is reducing its award to the pioneering chip maker to less than $8 billion, from $8.5 billion.
Boeing’s Strike Is Over. What’s Next for the Company?

The aerospace manufacturer and its new chief executive face a daunting to-do list, including improving quality and increasing production of its commercial planes.
Meta Permits Its A.I. Models to Be Used for U.S. Military Purposes

The shift in policy, covering government agencies and contractors working on national security, is intended to promote “responsible and ethical” innovations, the company said.
How Taxpayers Are Helping Health Insurers Make Even Bigger Profits

Local governments often face extra fees when employees get out-of-network medical care, but some don’t track the insurance charges or even know about them.
Boeing’s New C.E.O. Calls for ‘Culture Change’ as Strike Vote Looms

As Kelly Ortberg presented his strategic vision, more than 33,000 striking employees of the aerospace manufacturer were expected to vote on a new contract.
A New Venue Celebrates the Sound of the Bronx

The Bronx Music Hall is the first new independent music venue in the borough in more than 50 years.
Offshore Wind Slowed by Broken Blades, Rising Costs and Angry Fishermen

Accidents involving blades made by GE Vernova have delayed projects off the coasts of Massachusetts and England and could imperil climate goals.
How Elon Musk Is Influencing Donald Trump

Their fast-evolving political friendship has become a potential minefield, as Mr. Musk’s sprawling businesses may present conflicts of interest if Mr. Trump is elected in November.
Boeing Starliner Set to Leave Space Station Without Crew

The troubled spacecraft is scheduled to undock on Friday for a trip back to Earth while two NASA astronauts will stay in orbit.
E.U. Court Rebukes European Commission Over Covid Vaccine Contracts

The court ruled that the European Commission wrongly withheld information, casting a shadow on its leader, Ursula von der Leyen, before a crucial vote on her future.
U.S. Awards $504 Million for ‘Tech Hubs’ in Overlooked Regions

Biden administration officials hope the money will help propel technological innovation in areas that have historically received less government funding.