Accenture Confirms Revenue Drop as DOGE Reviews Consulting Contracts
Elon Musk’s offensive against federal spending is clawing back some of the $65 billion in consulting contracts, some of the most prominent private sector companies to be affected.
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Accenture is DOGE's first corporate casualty as shares dive on warning that contracts will be cut
Shares of Accenture slid more than 7% on Thursday after the consulting firm said tighter federal spending efforts have begun to weigh on its revenues.CNBC - 14h -
Accenture warns Musk’s Doge-led spending crackdown is hitting revenues
Consulting group says US government purchases have slowed and global economic uncertainty has risenFinancial Times - 1d -
As Federal Cuts Brush Against Private Sector, Should Your Company Make a DOGE Contingency Plan?
A really good long-term business plan may include processes to follow in disaster scenarios. It’s something to think about, as Elon Musk’s DOGE teams upends the federal government and side effects ...Inc. - Mar. 10 -
Vance: Musk has made some ‘mistakes’ with DOGE’s federal worker firings
Vice President Vance said during an interview that senior President Trump adviser Elon Musk has made some “mistakes” with the Department of Government Efficiency (DOGE) firings of federal ...The Hill - 6d -
Elon Musk's feud with OpenAI CEO Sam Altman, explained
Elon Musk's legal dispute against OpenAI could affect the future of one of the most prominent leaders in artificial intelligence.Los Angeles Times - Mar. 10 -
Trump Administration Claws Back $20 Billion in Climate Project Funds
After the EPA announced the move, an advocacy group sued, saying the agency broke a contract that denied eight organizations money to address climate change.Inc. - Mar. 12 -
After Amy Gleason’s sudden rise to prominence, mystery surrounds DOGE acting administrator
Amy Gleason, a nurse turned health care technology consultant, was recently named the acting administrator for DOGE. How much control she has at DOGE is unclear.NBC News - Mar. 9 -
Trump and DOGE Create Anxiety but Opportunity for Federal Contractors
By cutting federal employees, the Trump administration may increase its reliance on firms that take in billions through government contracts.The New York Times - Mar. 14 -
On Its Website, DOGE Deletes More Than 100 Government Leases It Said Were Canceled
Elon Musk’s cost-cutting group dropped its total purported savings from eliminating federal office space after losing some battles within the Trump administration.The New York Times - 1d
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Social Security chief reverses stance, says he won't shut agency because judge barred DOGE from records
A federal judge's order may require the agency to terminate access for all employees to its IT systems, acting commissioner Lee Dudek told Bloomberg.CNBC - 52m -
Trump Attacks Reporting on Musk War Plans Meeting
A planned Pentagon briefing, in which Elon Musk would learn military plans for any potential war with China, did not go forward after reports in The New York Times and The Wall Street Journal.The New York Times - 1h -
Columbia University cedes to Trump’s demands with series of reforms
Measures at Ivy League institution trigger concern over academic freedomFinancial Times - 1h -
After a college football career and 2 failed House races, Bo Hines is helping steer U.S. crypto policy
With David Sacks as his boss and Trump’s full backing, Bo Hines has a central role in U.S. crypto policy.CNBC - 1h -
Microsoft rallies in last 10 minutes of trading to avoid first eight-week losing streak since 2008
Microsoft faces competition in cloud computing from companies such as Google, which is looking to boost its security business with Wiz.CNBC - 1h