Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion. The acquisition will get Microsoft deeper into hospitals and the health care industry through Nuance’s widely used medical dictation and transcription tools. ...
WASHINGTON — President Joe Biden released a $1.5 trillion wish list for his first federal budget Friday, asking for substantial gains for Democratic priorities including education, health care, housing and environmental protection. The request by the White House budget office for an 8.4% ...
Vote counting in the union push at an Amazon warehouse in Bessemer, Alabama, is underway but a winner may not be determined until Friday. By Thursday evening, the count was tilting heavily against the union, with 1,100 workers rejecting it and 463 voting in favor. The count will resume ...
WASHINGTON — Finance officials of the world’s major economies on Wednesday agreed on a proposal to boost the resources of the International Monetary Fund by $650 billion as a way to provide more support to vulnerable countries struggling to deal with a global pandemic. The Group of 20 ...
WASHINGTON — Amazon founder and CEO Jeff Bezos endorsed President Joe Biden’s focus on building up the country’s infrastructure Tuesday and said the company even supports a corporate tax rate hike to help pay for it. Bezos’ statement, posted on the company’s website, was notable ...
WASHINGTON — U.S. Treasury Secretary Janet Yellen on Monday urged the adoption of a minimum global corporate income tax, an effort to at least partially offset any disadvantages that might arise from the Biden administration’s proposed increase in the U.S. corporate tax rate. Citing a ...
