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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. retail sales, producer prices give cautionary signs on economy

    U.S. retail sales, producer prices give cautionary signs on economy

    By Jason Lange, Reuters

    WASHINGTON (Reuters) - U.S. retail sales declined in September as consumers pulled back on spending for a range of items, a worrisome economic signal that helped fuel a sell-off on Wall Street. The...

  • Bank of America moves past worst legal costs, posts loss

    Bank of America moves past worst legal costs, posts loss

    By Peter Rudegeair and Tanya Agrawal, Reuters

    (Reuters) - Bank of America Corp <BAC.N> said on Wednesday that it has moved past the worst of its legal settlements linked to the financial crisis, after its latest big legal charge brought...

  • AbbVie cools on $55 billion Shire deal after U.S. tax changes

    AbbVie cools on $55 billion Shire deal after U.S. tax changes

    By Paul Sandle and Ransdell Pierson, Reuters

    LONDON (Reuters) - U.S. pharmaceutical company AbbVie said it was reconsidering its $55 billion takeover of Shire in the wake of U.S. government moves to curb deals designed to cut taxes, wiping as...

  • Toyota recalls 1.67 million Toyota, Lexus cars

    Toyota recalls 1.67 million Toyota, Lexus cars

    By Reuters

    TOKYO (Reuters) - Japan's Toyota Motor Corp <7203.T> said on Wednesday it would recall a total 1.67 million vehicles globally in a voluntary move to address three separate defects including a...

  • Brazil presidential race heading for Oct 26 photo finish

    Brazil presidential race heading for Oct 26 photo finish

    By Anthony Boadle, Reuters

    BRASILIA (Reuters) - Brazil's most unpredictable presidential election in a generation is heading toward a photo finish on Oct. 26 between leftist incumbent Dilma Rousseff and pro-business challenger...