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“#Critics rip CUNY over planned $3M contract with consultants” The CUNY board of trustees should scrap its planned $3 million no-bid contract with powerhouse consulting firm McKinsey & Co. to help campuses with their fall re-openings — because the colleges had already submitted their proposals, critics said Sunday. The contract — scheduled to be voted…
“#Microsoft wins $22 billion deal to make AR headsets for US Army” Microsoft won a nearly $22 billion contract to supply U.S. Army combat troops with its augmented reality headsets. Microsoft and the Army separately announced the deal Wednesday. The technology is based on Microsoft’s HoloLens headsets, which were originally intended for the video game and entertainment industries. Pentagon…
“#Lionsgate vice chairman Michael Burns extends contract through 2023” Lionsgate vice chairman Michael Burns has extended his long-term employment contract with the movie studio through October 2023, according to a new SEC filing. The studio, which is known for movies franchises like “The Hunger Games” and “John Wick,” revealed the new long term-deal ahead of…
“#City approves controversial $890 million school bus deal” The city’s Panel for Education Policy has waved through a controversial $890 million contract for school bus services to be run by a city-owned nonprofit that bailed out a politically-connected operator earlier this year. City Hall formed NYC School Bus Umbrella Services, Inc. to take over Reliant Transportation and…
“#Stevie Nicks parts ways with a majority of her music rights” Stevie Nicks has parted ways with a majority of her music publishing rights. The 72-year-old musical superstar — known for her solo work as well as her performances with Fleetwood Mac — sold the rights to Primary Wave Music, which announced the deal in…
“#SiriusXM cites ‘significant progress’ on Howard Stern contract” The boss of SiriusXM said the satellite-radio giant is “making significant progress” on a deal to extend Howard Stern’s contract. “Howard tells me he’s never been happier and our relationship with Howard has never been stronger,” outgoing Chief Executive Jim Meyer said on a Thursday earnings call…
“#Hunter Biden emails show leveraging connections with dad to boost Burisma pay” Hunter Biden discussed leveraging his connection to his father in a bid to boost his pay from a Ukrainian natural-gas company, according to an e-mail he sent around the time he joined the firm’s corporate board. In a lengthy memo to his then-business…
“#Watchdog rips MTA oversight of big-dollar contractors” The MTA’s evaluation process for big-dollar contractors is “a pass/fail test where everyone passes” and in need of a “fundamental revamp,” the agency’s inspector general said in a damning new report. IG Carolyn Pokorny’s office found MTA managers gave nearly 100 percent of companies passing grades, allowing “problematic…