Jeff Bezos

The Defense Department is scrapping its $10 billion cloud-computing contract with Microsoft, ending the award process that's been mired in a legal battle with Amazon.

Jeff Bezos stepped down as Amazon's CEO on Monday, exactly 27 years since he started the e-commerce giant in a garage in West Bellevue, Wash.

Washington billionaires would pay a “wealth tax” under a proposal in the state House that will get a public hearing on Tuesday. The bill is sponsored by Democratic state Rep. Noel Frame, who chairs the House Finance Committee, and would impose a one percent tax on intangible financial property, such as stocks and bonds, futures contracts and publicly traded options. A billionaire’s first $1 billion in “taxable worldwide wealth” would be exempt.

About a month after her divorce last year, Scott signed a pledge to donate the majority of her fortune in her lifetime. Now, the Seattle author, philanthropist and mother of four is providing a glimpse at how she will give her money away.

The House Judiciary Committee has threatened to subpoena Amazon founder Jeff Bezos if he does not voluntarily address the company possibly misleading Congress in earlier testimony.

Amazon, the company Bezos founded and heads, has come under increasing scrutiny for its own carbon footprint.

Amazon is alleging "unmistakable bias" on the government's part in awarding a massive military tech contract to rival Microsoft.This begins a new chapter in the protracted and contentious battle over the biggest cloud-computing contract in U.S. history — called JEDI, for Joint Enterprise Defense Infrastructure — worth up to $10 billion over 10 years.

In a new book, "Holding the Line: Inside Trump's Pentagon with Secretary Mattis," Guy Snodgrass, a retired Navy commander who worked closely with then-Defense Secretary Jim Mattis, writes that Trump called and directed Mattis to "screw Amazon" by locking it out of a chance to bid for the JEDI contract.