A New Chapter in U.S.–EU Trade Relations In a pivotal business update, the United States and the European Union have finalized a sweeping trade agreement that could reshape transatlantic commerce for years to come. Signed on July 27, the deal includes reduced tariffs on major imports and exports, notably automobiles, semiconductors, and clean energy technologies.…
A new government procurement cancellation, the U.S. Coast Guard has abruptly canceled its $500 million Business and Logistics Management Support Services (BLMSS) government procurement, leaving industry insiders reeling. After nearly 18 months of planning, the Coast Guard posted a terse notice on SAM.gov: “This opportunity is cancelled and will not be solicited.” No reasons were…
The U.S. is seeing a surprising surge in gas-fired power plant development, and it’s shaking up the energy sector in a big way. More than 100 gigawatts of new natural gas capacity have been announced, driven by rising electricity demand from artificial intelligence (AI), data centers, manufacturing reshoring, and battery storage expansion. It’s a building…
The U.S. House of Representatives is looking into making improvements related to defense oversight with some quick steps in the fiscal 2026 defense policy bill. Mandating the Pentagon to create a “Clandestine Activities Vendor Database” to track commercial vendors in secret military ops. This defense oversight initiative, part of the massive National Defense Authorization Act,…
GAO Pushes Back Hard on Congressional Bid Protest Fee Proposal A new battle is brewing in the federal procurement arena and this time, it’s not over contracts, but the rules that govern who can challenge them. In a bold and direct move, the Government Accountability Office (GAO) has formally opposed a congressional proposal that could…
White House Pushes Agencies to ‘Rightsize’ Workforce After Supreme Court Decision! The federal workforce is once again in the crosshairs and this time, there’s nothing standing in the way. Following a green light from the Supreme Court, the Trump administration is moving quickly to restart efforts to shrink the size of the federal government, a…
In recent turns of events, the Government Accountability Office (GAO) has slammed a proposal in the 2025 National Defense Authorization Act that would force losing bid protesters to cover government and contractor costs in procurement reform efforts. GAO’s General Counsel, Edda Emmanuelli Perez, argues this cost-sharing plan could sabotage procurement reform by discouraging competition and…
Why GE Vernova Made the Move GE Vernova has just acquired Alteia, a France-based artificial intelligence firm that specializes in visual data analytics. While that might sound technical, the impact is anything but boring. Alteia’s technology uses drone footage, satellite images, and other visual data to help companies make smarter decisions—fast. For GE Vernova, a…
Starting October 1, 2025, Florida will eliminate the sales tax on commercial leases, making rent tax-free for businesses. House Bill 7031 also includes corporate tax updates, new sales tax holidays on outdoor gear, permanent exemptions for bullion and safety gear, and expanded tax credits for housing families of sick children. Sales Tax Ends on…
Summer Sales Smash Records In a powerful display of consumer enthusiasm, U.S. online shoppers spent a staggering $24.1 billion over just four days, from July 8–11. What began as a routine round of “Black Friday in July” deals turned into a shopping frenzy, supercharged by Amazon’s extended 96-hour Prime Day, major discounts from Target, Walmart,…