After the partisan passions and heated rhetoric, the disruptions of a government shutdown and displays of dysfunction, Congress did what it could have done weeks ago: voted to fund the government and lift the debt limit.
Oracle Corp. Chief Executive Officer Larry Ellison plans to build one to power the Hawaiian island he bought last year. EBay Inc. has one to run a data center. The University of California at San Diego and the federal government have invested tens of millions of dollars in the technology.
Gum Tong owns a diner in Washington, D.C., and Matt Bellinger charters fishing boats in the Florida Everglades. They have this in common: The shutdown of the U.S. government cost them money they will never get back.
As Congressional Republicans’ 16-day fight to defund President Barack Obama’s health-care overhaul dissolved, Ohio Governor John Kasich was trying to find a way around his party to expand Medicaid under the law.
The legislation approved by Congress to end the fiscal impasse includes a provision authorizing an additional $1.2 billion for a lock and dam project favored by Senate Minority Leader Mitch McConnell of Kentucky.
Bank of Montreal, Canada’s fourth- biggest lender, is poised to be the country’s top-performing bank stock this year for the first time in more than a decade as a U.S. expansion begins winning over investors.