Sectors + Companies

Budget Battles

  • Senator Ben Cardin (D-MD) arrives at Democratic Party caucus meeting on Capitol Hill in Washington, U.S., January 19, 2018. REUTERS/Yuri Gripas/ File Photo

    Factbox: What happens in a U.S. government shutdown?

    By Richard Cowan and Susan Cornwell and Amanda Becker and Richard Cowan and Susan Cornwell and Amanda Becker, Reuters

    In shutdowns, nonessential government employees are furloughed, or placed on temporary unpaid leave. Workers deemed essential, including those dealing with public safety and national security, keep...

  • FILE PHOTO: A pharmacist holds prescription painkiller OxyContin at a local pharmacy in Provo

    Delaware Sues Opioid Manufacturers, Distributors Over Epidemic

    By Nate Raymond, Reuters

    (Reuters) - Delaware on Friday became the latest state to file a lawsuit accusing corporations of helping fuel the national opioid epidemic, suing a wide range of companies involved in making,...

  • usFILE PHOTO: A bulldozer moves coal at the Murray Energy Corporation port facility in Powhatan Point, Ohio

    Trump's Coal Job Push Stumbles in Most States

    By Valerie Volcovici, Reuters

    WASHINGTON (Reuters) - President Donald Trump's effort to put coal miners back to work stumbled in most coal producing states last year, even as overall employment in the downtrodden sector grew...

  • FILE PHOTO - Treasury Secretary Steve Mnuchin listens as U.S. President Donald Trump hosts a tax reform industry meeting at the White House in Washington, U.S., October 31, 2017. REUTERS/Kevin Lamarque

    Trump Tries to Sell Tax Reform to Democrats

    By David Morgan, Reuters

    WASHINGTON (Reuters) - President Donald Trump intensified his efforts to sell Democrats on his tax reform plan on Wednesday even as Senate Republicans edged closer to passing a budget measure that...

  • FILE PHOTO: U.S. Homeland Security Secretary Jeh Johnson (L) listens to Representative Tom Marino (R-PA) (R) before a House Judiciary committee hearing on the 'Oversight of the US Department of Homeland Security' on Capitol Hill in Washington July 14, 20

    Trump's drug czar nominee withdraws from consideration

    By Sarah N. Lynch and Makini Brice, Reuters

    WASHINGTON (Reuters) - The U.S. lawmaker who was President Donald Trump's pick for drug czar withdrew on Tuesday after a report he spearheaded a bill that hurt the government's ability to crack down...

  • Jobless claims data points to strong labor market

    Jobless claims data points to strong labor market

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits rose last week, but the underlying trend continued to point to a firming labor market. Initial claims for...

  • GM top executives spared in internal report on safety failure

    GM top executives spared in internal report on safety failure

    By Ben Klayman, Reuters

    WARREN Mich. (Reuters) - General Motors Co on Thursday issued a report detailing how for 11 years it turned a blind eye to an ignition-switch problem linked to at least 13 deaths but largely pinned...

  • Senators in deal on veterans health scandal; 18 deaths confirmed

    Senators in deal on veterans health scandal; 18 deaths confirmed

    By Susan Cornwell and David Lawder, Reuters

    WASHINGTON (Reuters) - Senate negotiators reached a bipartisan deal on Thursday to ease healthcare delays at the Department of Veterans Affairs as the agency's acting boss revealed that 18 veterans...

  • With Russia outside the tent, G7 takes aim at Moscow

    With Russia outside the tent, G7 takes aim at Moscow

    By Luke Baker and Jeff Mason, Reuters

    BRUSSELS (Reuters) - The United States and its allies used the first Group of Seven meeting without Russia in 17 years to condemn Moscow's actions in Ukraine and threaten hard-hitting sanctions if...

  • At GM, Heads Roll As Company Works to Make Amends

    By Cnbc Staff, CNBC

    General Motors said Thursday it will launch a compensation program for crash victims as a result of faulty ignition switches linked to at least 13 deaths that prompted a recall of 2.6 million cars...