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General Services Administration

Gov't Owes Small Businesses More than $3M

After a year-long investigation, a House committee says the General Services Administration needs to pay up on past-due IOU’s to more than 1,000 small business contractors.

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  1. WTC is Sprouting, But Who's Moving In?

    A mini-metropolis is once again scraping the lower-Manhattan sky -- showing American patriotism and resilience -- and filling the void created by the worst terrorist...

  2. Microsoft Wins Software Contract in Google's Home County

    Microsoft Corp. (MSFT) has won a software contract with a county in the heart of Silicon Valley home to Google Inc. (GOOG), further stirring the ongoing rivalry betw...

  3. Romney Proved ObamaCare Doesn’t Work

    FBN’s Gerri Willis sounds off on the costs of health care in Massachusetts and how Romney’s health-care plan relates to President Obama’s health-care plan.

  4. GSA Continues its Wasteful Spending Ways

    Rep. Jeff Denham, (R-Calif.), on the investigation into GSA spending on conferences and bonuses.

  5. GSA Still Wasting Taxpayers’ Money?

    Citizens Against Government Waste President Tom Schatz on the GSA ’s spending on conferences and bonuses.

  6. More Questionable Spending by GSA Reported

    Rep. John Mica, (R-Fla.), on the investigation into spending by the GSA .

  7. Consolidation of Government Data Centers to Increase Costs?

    FBN’s Gerri Willis on how efforts to consolidate the government’s data centers in an effort to save money may actually increase costs.

  8. Big Labor, Big Money

    Check in to the luxury $187 million Westin Diplomat Hotel on the beach outside Fort Lauderdale, Fla., and you'll be impressed by sumptuous, art deco features, hotel ...

  9. Taxpayer Money Wasted on Vacant Government Properties?

    Rep. Jeff Denham, (R-Calif.), on the costs to taxpayers of maintaining the numerous vacant properties owned by the federal government.

  10. NY Times Gets Apple's Effective Tax Rate Wrong

    The New York Times reported on Saturday that Apple (NASDAQ:AAPL) lowers its tax bill with various tax moves that involve using offices in lower tax regimes.Using ana...

  11. Buffett Rule Fails to Clear Senate

    FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.

  12. GSA Spending Scandal’s Unfortunate Tax Timing

    FBN’s Rich Edson on the Congressional hearings kicking off today on the misuse of taxpayer funds by the GSA .

  1. DOJ: Corning Agrees to Settle False-Claims Allegations

    Corning Inc. (GLW) agreed to pay the federal government a $5.65 million settlement, to resolve allegations that it knowingly presented false claims to the United Sta...

  2. DOJ: Corning Agrees to Settle False Claims Allegations

    Corning Inc. (GLW) agreed to pay the federal government a $5.65 million settlement, to resolve allegations that it knowingly presented false claims to the United Sta...

  3. W.W. Grainger 4th-Quarter Net Up 5.2% on Revenue Growth; Boosts Sales Guidance

    W.W. Grainger Inc.'s (GWW) fourth-quarter profit rose 5.2% as the industrial-goods supplier's three main segment's saw their revenue improve, led by a handful of ove...

  4. DOJ: WW Grainger Agrees to Pay $70 Million to Settle False-Claims Charges

    W.W. Grainger Inc. (GWW) agreed to pay $70 million in a settlement of allegations that the hardware distributor submitted false claims under contracts with the U.S. ...

  5. W.W. Grainger 3rd-Quarter Net Down 15%; Trims 2012 Sales Forecast

    W.W. Grainger Inc.(GWW) reported lower-than-expected third-quarter sales and profit and shaved its sales growth forecast for 2012 "in light of the sluggish global ec...

  6. W.W. Grainger 3rd-Quarter Net Down 15% on Settlement-Reserve Costs

    W.W. Grainger Inc.'s (GWW) third-quarter profit fell 15% as the industrial-goods supplier recorded a significant settlement reserve, though sales in all three of its...

  7. Veterans Agency Admits Serious Lapse in Oversight

    The Department of Veterans Affairs acknowledged "serious lapses in oversight" on Monday and a senior official resigned as an investigation detailed funds wasted on e...

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