Category: Contracts

Those Pesky Contracts

June 20, 2023
Brightconsumer rightsContractsLifestyleTraveltravelers
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Just because you’re paranoid doesn’t mean they’re not out to get you. When everything goes according to plan, the travel industry routinely delivers value for your money, and you don’t notice much else. But when anything goes south, the travel industry is, in fact, often out to get you. The basic business model of most…

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Mexico: Ex-security Chief Stole $745 Million From Contracts

February 10, 2023
AmericasContractsEx-security ChiefMexicoWorld
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Mexican authorities said Thursday that former top security official Genaro Garcia Luna embezzled as much as $745.9 million from government technology contracts. Pablo Gómez, the head of Mexico’s anti-money laundering unit, said Garcia Luna and associates set up companies that got 30 dubious government contracts while he was Mexico’s top security official in 2006–2012 and…

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House Passes Motion for Auditor General to Investigate Government’s McKinsey Contracts

February 8, 2023
Canadacontract awardsContractsFederal Governmentliberal mckinseyLiberalsMcKinseyWorld
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A motion tabled by Conservative MP Garnett Genuis to request that the auditor general investigate the Liberal government’s awarding of contracts to multi-national consulting firm McKinsey unanimously passed in the House of Commons on Feb. 7. The motion called for the House to accept a report of the Standing Committee on Government Operations and Estimates (OGGO),…

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New Pilot Contracts to Drive Up Costs at US Airlines

January 12, 2023
airlinesBusiness & MarketsCompaniesContractseconomyPilot
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U.S. airline profits are set to come under pressure in 2023 as they look to shell out more cash to retain pilots amid worries about the impact of a potential recession on travel demand. Major carriers such as United Airlines Holdings Inc., American Airlines Group Inc., Delta Air Lines Inc., and Southwest Airlines Co. have…

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