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President Joe Biden plans to meet with Republicans next week after a group of GOP senators pitched a fresh offer on a major new infrastructure plan that still left them over $1 trillion short of the White House’s latest proposal.

Republican senators outlined a $928 billion infrastructure proposal May 27 that would tap unused coronavirus aid, a counteroffer to President Joe Biden’s more sweeping plan as the two sides struggle to negotiate a bipartisan compromise and remain far apart on how to pay for the massive spending.

A group of Senate Republicans plans to present its latest offer to the White House on a major new infrastructure package on May 27, with one member saying it will weigh in at almost $1 trillion.

Oil was little changed as investors weighed talks of higher Iranian supply against the prospect of a continued recovery in demand.

Amazon .com Inc. was sued by the attorney general for Washington, D.C., who accused the online retail giant of engaging in anticompetitive practices that have raised prices for consumers.

CAIRO — An Egyptian appeals court said May 23 it lacks jurisdiction to look into the Suez Canal Authority’s demands to uphold financial claims that led to the seizure of the cargo ship that blocked the waterway in March.

The expected increase in commercial drone operations such as delivery flights is prompting accident investigators to expand the types of aviation crashes they plan to review.

The nationwide lockdowns brought on by the pandemic cleared the roads of many passenger vehicles and helped truckers keep goods moving. However, as passenger cars gradually return, industry experts are considering how those pandemic-era roads affected safety and how drivers will respond once they start getting crowded again.

Canadian Pacific Railway Ltd. declined to increase its offer for Kansas City Southern and urged the U.S. railroad instead to reject Canadian National Railway Co.’s higher bid because of regulatory risks.

The Senate will include $52 billion to bolster domestic semiconductor manufacturing in a broader bill to enhance U.S. competitiveness with China, Senate Majority Leader Chuck Schumer said.