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...

  • Commodity Prices, Bond Yields Send Warnings Signals

    By Anthony Mirhaydari

    Stocks continue to rebound, shrugging off nagging geopolitical concerns and a soft retail sales report on renewed hopes that Russian President Vladimir Putin is set to back down from the standoff...

  • U.S. industrial production edged higher in July

    U.S. industrial production edged higher in July

    By Moriah Costa, Reuters

    WASHINGTON (Reuters) - U.S. industrial production edged higher in July, as production of auto parts and motor vehicles jumped 10.1 percent, according to data released by the Federal Reserve on Friday...

  • BHP Billiton set to spin off unwanted assets

    BHP Billiton set to spin off unwanted assets

    By Sonali Paul and Silvia Antonioli, Reuters

    MELBOURNE/LONDON (Reuters) - Diversified mining company BHP Billiton declared its preference for a demerger of its aluminum, manganese and nickel assets on Friday, setting the stage for the formation...

  • Kiev says separatists shoot down Ukrainian warplane

    Kiev says separatists shoot down Ukrainian warplane

    By Natalia Zinets and Thomas Grove, Reuters

    KIEV/DONETSK (Reuters) - Pro-Russian separatists shot down a Ukrainian warplane in eastern Ukraine overnight into Sunday while at least 10 civilians were killed in fighting involving artillery and...

  • Robust manufacturing output buoys U.S. economic outlook

    Robust manufacturing output buoys U.S. economic outlook

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - U.S. manufacturing output rose broadly in July and automobile production recorded its largest increase in five years, boosting the economy at the start of the third quarter...