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American consumers, businesses set to suffer as trade war escalates

It took three days for the Chinese government to retaliate against President Donald Trump imposing new import tariffs on $200 billion of goods earlier this month. U.S. imports in China will face retaliatory tariffs, according to...

source: By Seth Sandronsky
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The defense industry mega-merger between United Technologies and Raytheon is big news, but is bigger always better? There are obvious benefits to the deal announced. United Technologies UTX and Raytheon Co. will combine to create...

source: MarketWatch

Army & Air Force Exchange Service shoppers can now support Soldiers and Airmen in need with just one click. shoppers can shop, save and give back by donating to Army Emergency Relief (AER) or the Air Force Assistance Fund (AFAF).

source: DVIDS

Each year, around a dozen companies earn approval to start selling their products at military retail outlets during the American Logistics Association of Hawaii's annual food show. Now in its 22nd year, the Daniel K. Akaka ALA Hawaii Food Show returns to the Prince Waikiki...

source: Pacific Business News

A 45-year-old New York man is the latest to plead guilty to conspiracy charges for his part in a scheme in which prosecutors claim a Navy employee was bribed to purchase nearly $6.5 million in liquor through a Navy Exchange for later resale, skirting taxes and restrictions...

source: Law360 (subscriber article)

A Long Island man pleaded guilty to paying nearly $100,000 in bribes to a Navy Exchange employee in order to get the hook up on tax-free booze. Edwin D. Fragoso, 45, copped to a conspiracy charge in U.S. District Court, Eastern District of New York for his role in...

source: Navy Times


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