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President Joe Biden's US$6 trillion budget proposal for next year would run a US$1.8 trillion federal government deficit despite a raft of new tax increases on corporations and high-income people designed to pay for his ambitious spending plans.

Tesla’s decision to remove radar sensors from two of its U.S. vehicles has cost it top safety ratings from a widely-followed insurance industry group and the influential Consumer Reports magazine.

World equity markets and U.S. Treasury yields rose on Thursday as better-than-expected jobless claims data and a positive report on first-quarter gross domestic product showed that economic recovery is gathering steam.

Lawyers for the Justice Department and Alphabet's Google tangled on Thursday over whether the company should hand over performance reviews of executives whom the government is considering calling as witnesses.

Salesforce.com Inc reported quarterly revenue on Thursday that beat analysts' estimates, helped by increased demand for its cloud-based software following a pandemic-led shift to remote work.

Qantas Airways said on Friday (May 27) it was considering a plan to reward customers who have received both doses of a COVID-19 vaccine with incentives like frequent flyer points or flight vouchers to help boost vaccination rates in Australia.

WASHINGTON: A series of amendments for a US$190 billion U.S. Senate bill aimed at countering China's technology challenge are in limbo after business groups protested proposals intended to ensure that none of the money finds its way to China or other U.S. rivals. New regulations or reviews of ......

US President Joe Biden's US$715 billion Department of Defense budget will shift funding from old systems to help modernise the nuclear arsenal to deter China, while also developing future warfare capabilities, people familiar with the budget said.

SberAutoTech, a subsidiary of Russia's largest lender Sberbank, has developed a fully self-driving vehicle, FLIP, which the company on Thursday described as a "taxi of the future".

Facebook is no longer removing posts that claim the coronavirus that causes COVID-19 was man-made amid renewed debate over its origins.