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...

  • Home Depot breach bigger than Target at 56 million cards

    Home Depot breach bigger than Target at 56 million cards

    By Jim Finkle and Nandita Bose, Reuters

    BOSTON/CHICAGO (Reuters) - Home Depot Inc <HD.N> Thursday said some 56 million payment cards were likely compromised in a cyberattack at its stores, suggesting the hacking attack at the home...

  • Alibaba surges 38 percent on massive demand in market debut

    Alibaba surges 38 percent on massive demand in market debut

    By Liana B. Baker and Jessica Toonkel and Ryan Vlastelica, Reuters

    NEW YORK (Reuters) - Alibaba Group Holding Ltd's <BABA.N> shares soared 38 percent in their first day of trading on Friday as investors jumped at the chance for a piece of what is likely to...

  • Oracle shares slide after soft results, CEO change

    Oracle shares slide after soft results, CEO change

    By Reuters

    (Reuters) - Oracle Corp's <ORCL.N> shares fell as much as 5.5 percent after the database software maker reported disappointing quarterly earnings late Thursday and said Larry Ellison was...

  • Yellen Says Many U.S. Families on the Edge of Disaster

    By Rob Garver

    A day after expressing her hope that continuing to keep interest rates low will help draw the long-term jobless back into the labor force, Federal Reserve Chair Janet Yellen, in remarks before a...

  • Alibaba set to price IPO shares amid investor frenzy

    Alibaba set to price IPO shares amid investor frenzy

    By Liana B. Baker and Jessica Toonkel and Deepa Seetharaman, Reuters

    (Reuters) - Underwriters for Alibaba Group Holdings are planning to allocate the bulk of the heavily anticipated offering from the Chinese e-commerce company to a group of 25 to 50 large institutions...