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...

  • Kerry says has good talks with Zarif as deadline looms

    Kerry says has good talks with Zarif as deadline looms

    By John Irish and Fredrik Dahl, Reuters

    VIENNA (Reuters) - U.S. Secretary of State John Kerry said he held good and serious talks with his Iranian counterpart on Monday as the two sides raced to narrow wide gaps on Tehran's nuclear...

  • Shire ready to bow to AbbVie's increased $53 billion offer

    Shire ready to bow to AbbVie's increased $53 billion offer

    By Kate Holton, Reuters

    LONDON (Reuters) - London-listed drugmaker Shire Plc <SHP.L> succumbed to an increased 31 billion pounds ($53 billion) takeover offer from Abbvie Inc <ABBN.N> on Monday, signaling the...

  • YouTube Eyes Funding for More Premium Content

    By RONALD GROVER and LISA RICHWINE, Reuters

    YouTube has embarked on a new round of discussions with Hollywood and independent producers to fund premium content, two sources with knowledge of the talks told Reuters, a move that could bolster a...

  • Citigroup to pay $7 billion to settle U.S. mortgage probe

    Citigroup to pay $7 billion to settle U.S. mortgage probe

    By Aruna Viswanatha, Reuters

    (Reuters) - Citigroup Inc has agreed to pay $7 billion to resolve claims it misled investors about shoddy mortgage-backed securities in the run-up to the financial crisis, in a deal that includes the...

  • Is Betting on Women CEOs a Smart Financial Move?

    By Suzanne McGee, The Fiscal Times

    It has been more than three years since I first began hearing rumblings from women on Wall Street: They wanted to find a way to create investment vehicles that would put money to work in companies...