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FEMA probing $300 million no-bid contract for Puerto Rico

­­­­­­­­­­­Bloomberg The Federal Emergency Management Agency is investigating a controversial $300 million contract to rebuild Puerto Rico’s power grid, a no-bid award that has spotlighted the agency’s poor record of policing similar grants and drawn scrutiny from its watchdog. Whitefish Energy Holdings LLC, a Montana-based company that had just two full-time employees prior to beginning its work in Puerto Rico, ...

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US slaps duties on Chinese aluminum foil imports

Bloomberg The US imposed duties on imports of aluminum foil from China, ratcheting up trade tensions between the world’s largest economies before President Donald Trump’s visit to Beijing next month. The Commerce Department said it would impose preliminary import duties in the range of 96.81 percent to 162.24 percent on Chinese aluminum foil, saying the goods are being sold at ...

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‘SpaceX, Google are best companies to work for’

Bloomberg Space Exploration Technologies Corp., Alphabet Inc.’s Google, Shopify Inc. and Tesla Inc. are the most appealing companies for technology workers, according to a survey by online jobs marketplace Hired. While big tech names topped the list, geographical breakdowns showed more diversity. Startups like SendGrid Inc., which does marketing email, had the highest ranking in Denver, while financial services like ...

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