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...

  • Why China May Soon Decide What Movies You See

    By Ciro Scotti

    China’s invasion of Hollywood drove deeper this week as AMC Entertainment, controlled by billionaire Wang Jianlin, agreed to buy Carmike Cinemas for $1.2 billion. The merger with Carmike will give...

  • Passersby walk past a McDonald's store in Tokyo

    Table Service at McDonald’s? It’s Happening

    By Sarah Whitten, CNBC

    Say goodbye the white metal chairs and bold red and yellow colors. The new McDonald's is sleek, muted and modern. McDonald's revealed on Thursday that its U.S. restaurants will be getting a major...

  • A customer tests the features of the newly launched iPhone X at VIVA telecommunication store in Manama, Bahrain, November 3, 2017. REUTERS/Hamad I Mohammed

    Why You Might Be Paying More for an iPhone Under President Trump

    By Kif Leswing , Business Insider

    Nobody knows what president-elect Donald Trump is likely to do economically when he becomes president, but one thing that he has repeatedly promised to do is to put a tax on imports from China. This...

  • FILE PHOTO - A view of the exterior of the Nasdaq market site in Times Square in New York City, NY, U.S. April 25, 2017. REUTERS/Shannon Stapleton

    Why Bank Stocks Have Been on a Tear Since Trump Won

    By Jeff Cox, The Fiscal Times

    After years of lagging other sectors, bank stocks have been on a tear since last week's election, and the rally likely has more than just a cyclical rebound at its center. Investors are betting that...

  • FILE PHOTO - A view of the exterior of the Nasdaq market site in Times Square in New York City, NY, U.S. April 25, 2017. REUTERS/Shannon Stapleton

    Why Bank Stocks Have Been on a Tear Since Trump Won

    By Jeff Cox, The Fiscal Times

    After years of lagging other sectors, bank stocks have been on a tear since last week's election, and the rally likely has more than just a cyclical rebound at its center. Investors are betting that...