Siemens raises growth target with digital drive

Siemens (SIEGn.DE) unveiled targets on Thursday to outpace the market by combining its core engineering business with digital expertise in the first strategic blueprint under new Chief Executive Roland Busch.

U.S. House panel approves $547 bln infrastructure boost

A U.S. House committee early on Thursday voted 38 to 26 to authorize $547 billion in additional spending over five years on surface transportation, a plan that would mostly go toward fixing existing U.S. roads and bridges and increase funding for passenger rail and transit.

Asia breathes sigh of relief as U.S. jobs fail to shock

Asian shares firmed on Monday while the dollar wavered after the anxiously awaited May U.S. payrolls report showed the recovery on track but not so hot that it might bring forward a policy tapering from the Federal Reserve.

Investors see Biden’s 15% minimum tax offer as positive

Investors hailed U.S. President Joe Biden’s offer on Thursday to scrap his proposed 28% corporate tax hike as a move in the right direction and embraced the idea of a compromise that could allow an infrastructure and tax package to move through Congress.

Top U.S. fuel pipeline recovering from devastating ransomware attack

After a six-day outage, the top U.S. fuel pipeline on Thursday moved some of the first millions of gallons of motor fuels to East Coast states after throwing off a crippling cyberattack. The Colonial Pipeline Co, which can carry 100 million gallons per day of gasoline, diesel and jet fuel, resumed computer-controlled pumping after adding […]