Kimberly-Clark said on Monday it will buy Tylenol maker Kenvue KVUE.N in a cash-and-stock deal valued at about $48.7 billion, to create one of the biggest consumer health goods companies in the United States. Shares of Kenvue were up 18% in premarket trading, while Kimberly-Clark‘s shares were down 12.5%. Kenvue has been under a strategic […]
Senate Majority Leader John Thune, R-S.D., and Senate Republicans are considering pushing back the House-passed government funding extension in a bid to give lawmakers more time to pass spending bills. The House’s continuing resolution (CR) would reopen the government until Nov. 21. That bill has been blocked by Senate Minority Leader Chuck Schumer, D-N.Y., and […]
President Donald Trump is ordering the aircraft carrier USS Gerald R. Ford to head to the Caribbean as he ramps up his crusade against drugs — marking the first time a carrier has conducted an operational deployment in the region in more than 30 years. Trump has built up naval assets in the region as […]
President Donald Trump issued scads of Truth Social posts on Sunday backing politicians for re-election, including GOP Arkansas Gov. Sarah Huckabee Sanders and a slew of House Republicans. ‘Sarah Huckabee Sanders has my Complete and Total Endorsement for Re-Election — SHE WILL NOT LET YOU DOWN!’ the president exclaimed in one post. Sanders, who served […]
European left-wing politicians are crossing the Atlantic to study a campaign model they see as a blueprint for revival — the campaign of New York Assemblyman Zohran Mamdani, a Democratic Socialist whose grassroots machine has captured attention far beyond his Queens district. According to a Politico Europe report on Monday, far-left delegations from France, Germany […]
A bipartisan quartet of House lawmakers released a “statement of principles” Monday for a potential compromise on an extension of Obamacare subsidies, which would include a two-year sunset and an income cap for eligibility. The compromise framework from Republican Reps. Don Bacon of Nebraska and Jeff Hurd of Colorado, and Democratic Reps. Tom Suozzi of […]
Senate Majority Leader John Thune said he was “optimistic” an agreement can be reached this week to end the five-week shutdown as bipartisan rank-and-file talks make progress. Thune, speaking to reporters, said the goal was to be able to send a revised stopgap bill to the House by the end of the week to reopen […]
Senate Majority Leader John Thune said Monday there’s not enough support among Republican senators to eliminate the filibuster as President Donald Trump ramps up pressure to change the chamber’s rules to allow the simple-majority passage of legislation. “The votes aren’t there,” Thune told reporters. Thune said he had spoken to Trump about the issue — […]
The head of the largest federal employees’ union talked with top Democratic congressional leaders about his organization’s calls for Democrats to shore up the votes to end the government shutdown. “I won’t get into individual conversations, but they’re very well aware of why I’ve taken the stance that I’ve taken,” AFGE president Everett Kelley said […]
Sen. James Lankford is warning that the prolonged shutdown could soon threaten the health care coverage of federal employees. In a letter sent Oct. 30 to Office of Personnel Management Director Scott Kupor, the Oklahoma Republican expressed concern that agencies are no longer contributing to trust funds that are managed by OPM and used to […]