Key U.S. Senator Sinema agrees to $430 billion drug, energy bill

WASHINGTON, Aug 4 (Reuters) – Democratic US Senator Kyrsten Sinema said on Thursday she agreed to “move forward” on a $430 billion drug pricing, energy and tax bill, subject to a Senate arbiter’s approval of the bill, which Democrats intend to pass over Republican objections. Senate Majority Leader Chuck Schumer said earlier on Thursday the … Read more

Biden pledge to tax wealthy, companies revived with Manchin-led bill

WASHINGTON, July 28 (Reuters) – US President Joe Biden’s campaign trail promise to increase taxes on corporations and the wealthy as part of a battle against glaring income inequality in the United States got an unexpected boost on Wednesday. Early proposals to increase tax rates from Biden and his fellow Democrats hit a brick wall … Read more

Witness to Indiana mall shooting praised for killing gunman

GREENWOOD, Ind., July 18 (Reuters) – The 22-year-old bystander who witnessed a deadly shooting over the weekend at a shopping mall near Indianapolis was hailed as a hero on Monday for killing the gunman and limiting the number of casualties in the massacre. Local officials said the “Good Samaritan” man – who was lawfully carrying … Read more

Judge blocks Biden admin directives on transgender athletes, bathrooms

A gender-neutral bathroom is seen at the University of California, Irvine in Irvine, California September 30, 2014. REUTERS/Lucy Nicholson Register now for FREE unlimited access to Reuters.com Register July 16 (Reuters) – A federal judge in Tennessee has temporarily blocked Biden administration directives allowing transgender workers and students to use bathrooms and locker rooms and … Read more

Legal clashes await U.S. companies covering workers’ abortion costs

June 26 (Reuters) – A growing number of large US companies have said they will cover travel costs for employees who must leave their home states to get abortions, but these new policies could expose businesses to lawsuits and even potential criminal liability, legal experts said . Amazon.com Inc (AMZN.O), Apple Inc (AAPL.O), Lyft Inc … Read more

Russia slips into default zone as payment deadline expires

The clock on Spasskaya tower showing the time at noon, is pictured next to Moscow?s Kremlin, and St. Basil?s Cathedral, March 31, 2020. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register Grace period runs out on $100 mln interest payment due May 27 Some Taiwanese bondholders did not receive payment on Monday … Read more

Disney, other U.S. companies offer abortion travel benefit after Roe decision

NEW YORK, June 24 (Reuters) – US companies including Walt Disney Co (DIS.N) and Facebook parent Meta Platforms Inc (META.O) said on Friday they will cover employees’ expenses if they have to travel for abortion services after the US Supreme Court overturned Roe v Wade. The US Supreme Court on Friday overturned the landmark 1973 … Read more

Apple workers at Maryland store vote to unionize, a first for the U.S.

June 18 (Reuters) – Apple Inc (AAPL.O) workers in Maryland voted on Saturday to join a union, becoming the first retail employees of the tech giant to unionize in the United States. More than 100 workers in Towson near Baltimore “have overwhelmingly voted to join the International Association of Machinists and Aerospace Workers,” the union … Read more

Yellen says inflation to stay high, Biden likely to up forecast

WASHINGTON, June 7 (Reuters) – US Treasury Secretary Janet Yellen told senators on Tuesday that she expected inflation to remain high and the Biden administration would likely increase the 4.7% inflation forecast for this year in its budget proposal. During a Senate Finance Committee hearing, Yellen said that the United States was dealing with “unacceptable … Read more

U.S. moves to seize Russian oligarch Abramovich’s planes

NEW YORK, June 6 (Reuters) – US authorities have obtained warrants to sixteen two US-origin planes owned by Russian businessman Roman Abramovich for flying to Russia without a license required due to US sanctions imposed on Moscow in response to its invasion of Ukraine, a Department of Justice official said on Monday. The US Department … Read more