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Month: December 2019

Morgan Stanley is cutting about 1,500 jobs

Morgan Stanley is cutting approximately 1,500 jobs because of concerns about economic uncertainty around the world, a person familiar with the matter told CNN Business. The job cuts represent more than 2% of the bank’s workforce, which totaled 60,532 at the end of September. The layoffs will skew towards technology and operations roles, the source

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Takeaways from the House’s impeachment hearing

The House Judiciary Committee convened its second impeachment hearing into President Donald Trump, with lawyers for Democrats and Republicans making the cases for and against whether the pressure campaign conducted by the White House is an impeachable act. My rolling takeaways from the ongoing hearing — which is expected to consume the entirety of Monday

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Trump says his 2016 campaign was spied on. The DOJ’s watchdog is about to offer its official report

There’s a hotly anticipated new report expected to be released Monday from the Department of Justice Inspector General’s office about whether, as President Donald Trump has repeatedly alleged, the FBI spied on his presidential campaign in 2016. That conspiracy theory has helped feed Trump’s distrust of the government he leads, and it’s been a main

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Inspector general: Start of FBI Russia probe was justified and unbiased but investigation had significant errors

The Justice Department’s inspector general found that the FBI properly opened its investigation into Russian election interference but said there were major errors in how the agency conducted the probe. The report released Monday by inspector general Michael Horowitz did not find “documentary or testimonial evidence that political bias or improper motivation influenced the decisions”

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Amazon claims Trump interfered with Pentagon contract in order to hurt Jeff Bezos

Amazon alleged on Monday that President Donald Trump abused his position to apply “improper pressure” on Pentagon decision-makers to stop the company from winning a military contract worth billions of dollars. In a formal protest unsealed at the US Court of Federal Claims, Amazon said Trump “launched repeated public and behind-the-scenes attacks” against the company

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