Skip to main content
Top News

Biden willing to accept 25% corporate tax rate to fund spending programs

United States · 11:01 PM UTC

U.S. President Joe Biden said a corporate tax rate between 25% and 28% could help pay for badly needed infrastructure, suggesting he could accept a lower rate than what he has proposed in his search for Republican support for the funding.

United StatesFlorida governor signs Republican-backed law imposing new voting curbs
BusinessWith 8 mln Americans out of work, why are more companies not filling jobs?
AmericasTwenty-five killed in deadliest Rio police raid since 2005
TechnologyTwitter shuts down accounts for attempting to evade Trump ban
IndiaCOVID-19 spreads to rural India, villages ill-equipped to fight it
ChinaWTO vaccine waiver could take months to negotiate, faces opposition -experts
Latest Stories

Talking Points

Great Reboot

Great Reboot · 3:09 PM UTCBaseball lifts San Diego’s spirits. Can it revive a pandemic-stricken U.S. economy?

It was Saturday night in downtown San Diego, and J Street near the Petco Park baseball stadium was bustling.

Great RebootOne key to getting women back to work post-pandemic: Childcare
Great RebootU.S. schools turn focus to mental health of students reeling from pandemic
Great RebootWith 8 mln Americans out of work, why are more companies not filling jobs?
Great RebootPandemic-led decline of U.S. cities may be reversing

Business

BusinessFed says stock market boom, 'ebullient' investors warrant caution
BusinessDow ends at record high after upbeat jobless claims report
BusinessU.S. weekly jobless claims drop below 500,000; layoffs lowest since 2000
BusinessBiden willing to accept 25% corporate tax rate to fund spending programs

UK

UKUK withdraws patrol boats from Jersey after French Brexit row
UKIn northern England's Hartlepool, UK PM Johnson faces test
UKNew independence referendum at heart of contest as Scots vote for new parliament
UKBank of England sees faster economic rebound, slows its bond buying

United States

United StatesBiden willing to accept 25% corporate tax rate to fund spending programs
United StatesU.S. expands effort to allow in vulnerable migrants at Mexico border
United StatesU.S. schools turn focus to mental health of students reeling from pandemic
United StatesAnalysis: How Biden plans to add $600 billion to the U.S. 'care economy'

Americas

AmericasColombia sees calmer protests, industry groups warn of fuel shortages
AmericasBosch plans to invest up to $100 mln in Mexico this year
AmericasTop U.S. oil lobby slams Mexico energy policies as undermining USMCA, discriminatory
AmericasU.S. bound-migrants vaccinated for COVID-19 in Mexican border city

More than a thousand migrants who hope to reach the United States were vaccinated against COVID-19 on Thursday through a first-time effort made possible by a private donation of shots from a U.S. company, a shelter director said.

Asia Pacific

Asia PacificChina suspends economic dialogue with Australia as relations curdle
Asia PacificMystery Australian COVID case spurs return of masks, travel bans
Asia PacificU.S. embassy in the doghouse in China after student visa post backfires
Asia PacificHong Kong activist Joshua Wong jailed for further 10 months over June 4 assembly

Health & Pharmaceuticals

Health & PharmaceuticalsEU ‘ready to discuss’ COVID vaccine patent waiver as drugmakers push back
Health & PharmaceuticalsCOVID-19 spreads to rural India, villages ill-equipped to fight it
Health & PharmaceuticalsU.S. administers nearly 252 mln doses of COVID-19 vaccines - CDC
Health & PharmaceuticalsAirlines, British holidaymakers brace for limited travel restart

Environment

EnvironmentBiden officials make recommendations for protecting 30% of U.S. land, water
EnvironmentStudy finds around 15% of Ivory Coast's cocoa farms are in protected forest
EnvironmentU.N. methane report ups pressure on EU to tackle the planet-warming gas
EnvironmentTexas governor backs Exxon Mobil petition in climate case

Energy

EnergyTexas freeze delivers billions in profits to gas and power sellers
EnergyTop U.S. oil lobby slams Mexico energy policies as undermining USMCA, discriminatory
EnergyTexas governor backs Exxon Mobil petition in climate case
EnergyU.S. solar jobs fell 7% in 2020 on pandemic, efficiency gains

Sustainable Business

Sustainable BusinessTop U.S. fund leader wants voluntary climate disclosure rules
Sustainable BusinessTexas governor backs Exxon Mobil petition in climate case
Sustainable BusinessGerman govt, aviation sector agree on 'green' aviation fuel plan
Sustainable BusinessCanada's Alberta temporarily tweaks environmental liability for oil sands mines

Lifestyle

LifestyleGolden Globes organizers approve changes on diversity, ethics
LifestyleColdplay beam up new single "Higher Power" to space
LifestylePaul McCartney gets own set of Royal Mail stamps
LifestyleHuge new ‘Oracle’ greets Rockefeller Center visitors in New York