Breaking News

Biden announces ‘historic’ deal — but no action yet

WASHINGTON — President Joe Biden announced Thursday that he and Democrats in Congress have reached a “historic” framework for his sweeping domestic policy package. But he still needs to lock down votes from key colleagues for what’s now a dramatically scaled-back bill. Eager to have a deal in hand before his departure late in the day for global summits, Biden made his case privately on Capitol Hill to House Democrats and publicly in a speech at the White House. He’s now pressing for a still-robust package — $1.75 trillion of social services and climate change programs — ...

WASHINGTON — Top Democrats signaled a deal is within reach on President Joe Biden’s big domestic bill but momentum fizzled and tempers flared late Wednesday as a paid family leave proposal fell out and a billionaires’ tax appeared scrapped, mostly to satisfy a pivotal member of the 50-50 ...

Facebook Inc. renames itself Meta

OAKLAND, Calif. — Like many companies in trouble before it, Facebook is changing its name and logo. Facebook Inc. is now called Meta Platforms Inc., or Meta for short, to reflect what CEO Mark Zuckerberg said Thursday is its commitment to developing the new surround-yourself technology ...

Biden’s big plan in race to finish

WASHINGTON — Half its original size, President Joe Biden’s big domestic policy plan is being pulled apart and reconfigured as Democrats edge closer to satisfying their most reluctant colleagues and finishing what’s now about a $1.75 trillion package. How to pay for it all remained deeply in flux Tuesday, with a proposed billionaires’ tax running into criticism as cumbersome or worse. That’s forcing difficult reductions, if not the outright elimination, of policy priorities — from paid family leave to child care to dental, vision and hearing aid benefits for seniors. ...

Tesla’s market value tops $1T after Hertz orders 100K cars

DETROIT — Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation’s increasing commitment to EV technology. The news of the deal triggered a rally in Tesla’s ...

Deal seems near on $2T Biden package

WASHINGTON — A deal within reach, President Joe Biden and Congress’ top Democrats edged close to sealing their giant domestic legislation Friday, though the day’s informal deadline appeared to slip as they worked to scale back the measure and determine how to pay for it. Negotiations ...