Bloomberg US President Donald Trump proposed a $4.4 trillion federal budget for fiscal 2019, a plan Congress is expected to all but ignore that would slash entitlements and other domestic programs in favour of higher spending on the military and immigration enforcement. Trump’s $686 billion defense request for the coming fiscal year would propel the Navy towards a new goal ...

Bloomberg Amazon.com Inc. is cutting hundreds of jobs at its headquarters in Seattle, paring back older departments focused on selling goods online while hiring in newer lines of business like cloud computing and its Alexa platform. The reductions are part of a broader reorganisation at the company, but some see the moves as a shift towards using more robots and ...

Bloomberg International Business Machines Corp. called foul on Microsoft Corp’s hiring of its chief diversity officer in a case that elevates recruiting and promotion of an inclusive workforce to the level of safeguarding proprietary technology. IBM claims the information that Lindsay-Rae McIntyre possesses — including confidential data about diversity, strategies and initiatives — can cause “real and immediate competitive harm” ...