first_imgDefense officials will start to form a task force to study the business case for consolidating the military’s three exchange services and the Defense Commissary Agency, after Deputy Defense Secretary Patrick Shanahan this week approved a memo laying out the next steps for a possible merger of military resale activities. Shanahan said he agrees “a single consolidated organization offers the greatest potential to achieve the economies and efficiencies” that are necessary to ensure commissary and exchange benefits survive, according to the memo.The task force is scheduled to complete its analysis by Oct. 31, at which point it would begin planning for consolidation, reports Military Times. If the DOD chief management officer approves the business case, the team would complete integration planning by Jan. 31, 2019, and the consolidation would begin under existing authorities. Lawmakers would be afforded input into the decision, however, under an amendment to the House version of the fiscal 2019 defense authorization bill.Photo by Michelle Bir Dan Cohen AUTHORlast_img read more

first_imgTesla reports fourth-quarter loss, operating expenses soar412 viewsTesla reports fourth-quarter loss, operating expenses soar412 views00:00 / 00:00- 00:00:0000:00Tesla reports fourth-quarter loss, operating expenses soar412 viewsBusinessTesla released fourth quarter earnings late Wednesday that put the brakes on the luxury electric car maker. Costs from expanding its global sales network and developing the Model X crossover nearlyVentuno Web Player 4.50Tesla released fourth quarter earnings late Wednesday that put the brakes on the luxury electric car maker. Costs from expanding its global sales network and developing the Model X crossover nearlylast_img read more

first_imgProthom Alo IllustrationA man was killed in a reported gunfight with the members of Rapid Action Battalion (RAB) in Bhaturia of Harinakundu upazila in Jhenaidah district on Tuesday night.The deceased Amirul Islam Pocha, 43, was a member of an inter-district robber gang, claims the law enforcement agency, reports UNB.While passing through a check-post set up in the area, a gang of robbers opened fire to the RAB men forcing them to fire back in self-defence, RAB-6 assistant superintendent Golam Morshed said.Later, the RAB members recovered the bullet-hit body of Pocha and sent it to Harinakundu Upazila Health Complex, he said.The law enforcement members recovered one shutter gun, two bullets and a sharp weapon from the spot, Golam Morshed said.The deceased was wanted in 13 cases including that of murder and robbery, said the RAB official.last_img read more