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...

  • U.S. bond market faces possible reckoning

    U.S. bond market faces possible reckoning

    By Caroline Valetkevitch, Reuters

    NEW YORK (Reuters) - The rally in U.S. Treasury bonds surprised many, taking 10-year yields to their lowest levels in 11 months. Jobs data and the European Central Bank meeting next week will...

  • Exclusive: Intel TV creator leaves Verizon months after deal

    Exclusive: Intel TV creator leaves Verizon months after deal

    By Noel Randewich and Liana B. Baker, Reuters

    SAN FRANCISCO/NEW YORK (Reuters) - Erik Huggers is leaving Verizon Communications Inc <VZ.N> just five months after joining the company via the acquisition of the Intel Corp <INTC.O>...

  • SEC loses insider trading case against New York fund manager

    SEC loses insider trading case against New York fund manager

    By Nate Raymond, Reuters

    NEW YORK (Reuters) - The U.S. Securities and Exchange Commission suffered a loss on Friday when a jury cleared a New York hedge fund manager and two others accused of engaging in a $1.3 million...

  • The New Status Symbol for the Super Wealthy

    By Robert Frank, CNBC

    Steve Ballmer's plan to buy the LA Clippers for $2 billion is an unusual situation for both the buyer and seller. As one close friend of Ballmer's told me Friday morning: "He's obsessed with...

  • NBA moves on Clippers sale, Sterling sues for $1 billion

    NBA moves on Clippers sale, Sterling sues for $1 billion

    By Eric Kelsey, Reuters

    LOS ANGELES (Reuters) - The National Basketball Association said on Friday that it has reached an agreement with the estranged wife of Los Angeles Clippers owner Donald Sterling to sell the team,...