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FBI investigating Whitefish Energy's Puerto Rico contract

Erica Pandey, author of @Work

A Whitefish Energy helicopter flies to Puerto Rico power lines for repairs. Photo: Ramon Espinosa / AP

The FBI is looking into the $300 million dollar deal Whitefish Energy, a small Montana firm, struck with Puerto Rico's power authority to rebuild the island's power grid, the Wall Street Journal reports.

  • The big picture: Puerto Rico's Gov. Ricardo Rossello called for the deal to be canceled Sunday because it became a distraction after members of Congress and FEMA raised concerns. The power authority later announced it would cancel the deal.
  • Go deeper: A breakdown of the contract

Go deeper

Shawna Chen
9 mins ago - Health

CDC panel: COVID vaccines should go to health workers, long-term care residents first

Hospital staff work in the COVID-19 intensive care unit in Houston. Photo: Go Nakamura via Getty

Health-care workers and nursing home residents should be at the front of the line to get coronavirus vaccines in the United States once they’re cleared and available for public use, an independent CDC panel recommended in a 13-1 emergency vote on Tuesday, per CNBC.

Why it matters: Recent developments in COVID-19 vaccines have accelerated the timeline for distribution as vaccines developed by Pfizer and Moderna undergo the federal approval process. States are preparing to begin distributing as soon as two weeks from now.

Go deeper (1 min. read)Arrow
Sara Fischer, author of Media Trends
40 mins ago - Politics & Policy

Obama: Broad slogans like "defund the police" lose people

Snapchat.

Former President Barack Obama told Peter Hamby on the Snapchat original political show "Good Luck America" that "snappy" slogans such as "defund the police" can alienate people, making the statements less effective than intended.

What he's saying: "You lost a big audience the minute you say it, which makes it a lot less likely that you're actually going to get the changes you want done," Obama told Hamby in an interview that will air Wednesday morning at 6 a.m. EST on Snapchat.

Go deeper (1 min. read)Arrow
Axios
1 hour ago - Economy & Business

Nasdaq's ultimatum

Photo: Kelly Sullivan/Getty Images

New diversity and inclusion rules are on the table for some of America's most powerful corporations, courtesy of one of its most powerful stock exchanges.

What's new: Nasdaq is threatening to delist companies that won't move toward having at least one woman and at least one underrepresented minority or LGBTQ person on their corporate boards.

Go deeper (1 min. read)Arrow