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☆ Unity's new CEO pitches 'fundamentally different company' after rough year
▼ + stars: | 2024-10-17 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Five months into his tenure as CEO of Unity Software , Matt Bromberg is overseeing his first big product launch as he tries to push the company past an extended stretch of challenges. On Friday, the video game software company announced the sixth version of its flagship product, Unity Engine, a set of tools developers can use to produce games across a number of devices, including iPhones and Android phones. He previously spent almost six years as COO of mobile game company Zynga, which was acquired by Take-Two Interactive in 2022, and more than four years at Electronic Arts . James Whitehurst, former CEO of Red Hat, was serving as interim CEO until Bromberg joined. The new CEO's first big challenge was unwinding Riccitiello's decision to implement what became known as the "Unity Runtime Fee."

Persons: Matt Bromberg, Bromberg, we're, John Riccitiello, James Whitehurst Organizations: Unity Software, CNBC, Zynga, Electronic Arts, Bromberg's, Red

☆ Cramer's Lighting Round: Arm is a buy
▼ + stars: | 2024-03-22 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Stock Chart Icon Stock chart icon Raymond James Financial's year-to-date stock performance. Stock Chart Icon Stock chart icon Arm's year-to-date stock performance. Arm : "I like Arm very much [buy, buy, buy!]." Stock Chart Icon Stock chart icon Unity Software's year-to-date stock performance. Stock Chart Icon Stock chart icon Teva's year-to-date stock performance.

Persons: Raymond James Financial's, Raymond James Financial, it's, let's, Jim Whitehurst, Whitehurst, I've, Comstock, Electric's, I'm, Lilly, SoundHound, Jim Cramer's Organizations: JPMorgan, Unity Software, Comstock Resources, General, Novo, Novo Nordisk Locations: Teva

☆ Cramer's Lighting Round: New Fortress Energy is a buy
▼ + stars: | 2024-03-06 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Palantir's year-to-date stock performance. Stock Chart Icon Stock chart icon UiPath's year-to-date stock performance. Stock Chart Icon Stock chart icon Schlumberger's year-to-date stock performance. Stock Chart Icon Stock chart icon New Fortress Energy's year-to-date stock performance. New Fortress Energy : I want you to buy it [buy, buy, buy!]."

Persons: I'm, Jim Whitehurst Organizations: Schlumberger, HAL, Unity Software, New Fortress Energy

☆ Unity shares sink on weak guidance
▼ + stars: | 2024-02-26 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +2 min

Unity Software shares plummeted 17% in extended trading on Monday after the gaming software company issued weaker-than-expected guidance for the current quarter. The company said going forward, it would only provide revenue guidance for its "strategic portfolio," which includes its engine, cloud and monetization business units. The company said first-quarter guidance for its strategic portfolio would come in between $415 million and $420 million. "We are right sizing our cost structure to grow from a healthy financial position," Unity said in a shareholder letter. WATCH: Unity Software cutting 25% of workforce

Persons: Unity, John Riccitiello, James Whitehurst, Riccitiello's Organizations: Unity Software, Luna, Red Hat, Unity, Software

The report comes as access to sensitive taxpayer information has sparked calls for investigations — and calls for reform on taxes for the wealthy. Littlejohn had applied to work as a contractor to get Trump’s tax returns and carefully figured out how to search and extract tax data to avoid triggering suspicions internally, prosecutors said in court documents. Werfel said that since the agency has received funding through Democrats' Inflation Reduction Act, it has been able to markedly improve the security of sensitive information, including audit trail deficiencies. “Our data security and environment is dramatically better today than it was in 2017 to 2020 when this unauthorized access occurred," Werfel said. "And it’s dramatically better today because we now have the resources to make the right investments to strengthen our data security.

Persons: Daniel Werfel —, —, ”, “, TIGTA, Charles Edward Littlejohn of, Donald Trump, Littlejohn, Jason Smith, Werfel, Lindsay Whitehurst Organizations: WASHINGTON, IRS, Treasury, Associated Press, Charles Edward Littlejohn of Washington, Charles Edward Littlejohn of Washington , D.C, New York Times, Associated Locations: Charles Edward Littlejohn of Washington ,

WASHINGTON (AP) — A prominent defense attorney whose star clients have included Snoop Dogg pleaded guilty Friday to leaking grand jury information to reporters about a political conspiracy case against a rapper from the Fugees. Michel's trial included testimony from such figures as actor Leonardo DiCaprio and former U.S. Attorney General Jeff Sessions. Kenner’s attorney said in court documents that the reporters originally agreed to sign a protective order, but later changed their minds. L. Barrett Boss, one of the defense attorneys, said Kenner was planning to retire after Michel’s trial. But Boss said Kenner is “very strained financially” because he spent $1.4 million “out of pocket” on Michel’s defense.

Persons: Snoop Dogg, David Kenner, Suge Knight, Tory Lanez, Kenner, ” Michel, Leonardo DiCaprio, Jeff Sessions, ” Kenner, Michel, Peter Zeidenberg, Kenner misattributing, Diddy, Judge Amit Mehta, Mehta, Barrett Boss, Boss, Pras Michel, Erica Dumas, Barack Obama’s, Trump, DiCaprio, Jho, _____ Whitehurst Organizations: WASHINGTON, Bloomberg News, U.S, Bloomberg, Kenner, Justice Department, Hollywood Locations: California, Washington, U.S, Malaysian, China, Philadelphia

Several callers reached out to 911 throughout the morning asking for wellness checks for relatives or friends they couldn’t reach. Political Cartoons View All 253 ImagesAnother caller at about 9:45 a.m. called to report that his wife was missing. In one case, a 911 caller reported that a family missing their 15-year-old son had been “ignored.”The operator answers were the same each time. Emergency responders weren’t able to help find missing people because they were still trying to get everyone to safety, still working hotspots and responding to fires. In one case, a 911 caller reported seeing flames and hotspots on their property and trying to put them out with a garden hose that was rapidly losing pressure.

Persons: didn't, —, “, ”, “ I’m, We’re, “ She's, “ I'm, ___ Boone, Lauer, Whitehurst, Corey Williams, Audrey McAvoy Organizations: Maui Police Department, Cell, Authorities, Associated Press Locations: Maui, Lahaina, Maui County, Kula, Kihei, Upcountry, ___, Boise , Idaho, Philadelphia, Washington, Detroit, Honolulu , Hawaii

Police responding to the Uvalde, Texas, shooting showed "no urgency," a DOJ report found. Uvalde school district officers arrived within three minutes of Ramos' arrival at the school and ran toward the classroom, but as they approached, Ramos fired from inside the classroom. Later that night, Justice Department officials privately briefed family members at a community center in Uvalde before the findings were made public. Greg Abbott initially praised the courage of officers' response and blame was later cast heavily on local authorities in Uvalde. The 376 officers at the scene included state police, Uvalde police, school officers and U.S. Border Patrol agents.

Persons: —, Merrick Garland, Robb, Ramos, Berlinda Arreola, Arreola, Attorney Christina Mitchell, Department's, Greg Abbott, Pete Arredondo, ___ Bleiberg, Tucker, Whitehurst Organizations: DOJ, Service, — Police, Justice Department, The, Department, Robb Elementary School, Office, Oriented, Services, Texas Rangers, Attorney, Republican Gov, . Border Patrol, Columbine High, of Public Safety Locations: , Texas, UVALDE , Texas, Uvalde , Texas, Uvalde, Texas, Uvalde County, San Antonio, In Texas, Dallas, Washington ,

☆ Unity Software to lay off 1,800 employees, or 25% of staff
▼ + stars: | 2024-01-08 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +2 min

Unity Software said Monday that it's cutting 1,800 jobs, or about 25% of its workforce, in the latest round of layoffs at the gaming technology company. Unity said in a regulatory filing that the cuts are part of a corporate restructuring plan. In September, Unity announced a pricing change that upset numerous developers who rely on the company's technology to create video games. The following month, John Riccitiello retired as Unity's CEO, also stepping down as chairman and leaving the board. WATCH: Unity Software's John Riccitiello retiring as president and CEO

Persons: Unity, it's, John Riccitiello, James Whitehurst, Roelof Botha Organizations: Unity Software, Unity, Red, Unity's, Sequoia Capital

WASHINGTON (AP) — House Republicans demanded Friday that Hunter Biden appear this month for a closed-door deposition, rejecting his offer to testify publicly while pledging to release a transcript of the private interview for transparency. House Oversight Committee chair James Comer and Judiciary Committee chair Jim Jordan reiterated the parameters of the subpoena issued last month to Hunter Biden in a letter — obtained by The Associated Press — to his attorney. The president’s son refused their request this week for closed-door testimony, saying it could be manipulated. The early-November subpoenas to Hunter Biden and others were the inquiry’s most aggressive steps yet, testing the reach of congressional oversight powers. Republicans have so far failed to uncover evidence directly implicating President Joe Biden in any wrongdoing.

Persons: Hunter Biden, James Comer, Jim Jordan, The Associated Press —, Biden, Abbe Lowell, Lowell, Hunter, Comer, Jordan, “ Mr, Joe Biden, James Biden, Rob Walker, Lindsay Whitehurst Organizations: WASHINGTON, —, The Associated Press, GOP, Republican, Democratic, Republicans, Biden family’s, Democrats, White, House Republican, Associated Press

BURLINGTON, Vt. (AP) — Vigils for three college students of Palestinian descent who were shot in Vermont over the weekend prompted calls for authorities to recognize the violence as a hate crime, and for unity among the Jewish and Arab communities. One vigil was held Monday night at Brown University in Rhode Island, where one of the victims, Hisham Awartani, is a student. Eaton moved to Burlington over the summer from Syracuse, New York, and legally purchased the gun used in the shooting, Murad told reporters. Eaton came to the door holding his hands, palms up, and told the officers he’d been waiting for them. Sarah George, state’s attorney, said that law enforcement officials do not yet have evidence to support a hate crime charge, which under Vermont law must be proven beyond a reasonable doubt.

Persons: Jason J, Eaton, General Merrick Garland, ”, Hisham Awartani, Christina Paxson, Brown, Robert Leikend, “, Awartani, Kinnan, Tahseen Ali Ahmad, Jon Murad, Abdalhamid, Murad, “ I’ve, I’ve, Rich Price, Awartani's, Rania Ma’ayeh, Ali Ahmad, Ma’ayeh, Abdalhamid’s, Radi Tamimi, we’re, he’d, Mary Reed, Matthew Malinowski, Sarah George, Holly Ramer, Kathy McCormack, Lindsay Whitehurst, David Sharp Organizations: U.S . Department of Justice, Hamas, Brown University, American Jewish Committee, NBC News, West Bank, Police, University of Vermont Medical Center, Ramallah Friends School, Haverford College, Trinity College in, Daily, Syracuse, Associated Press Locations: BURLINGTON, Vt, Vermont, Burlington, Israel, Rhode Island, Robert Leikend , New England, “, Ramallah, Brown, Pennsylvania, Trinity College in Connecticut, Syracuse , New York, U.S, Gaza, Concord , New Hampshire, Washington, Portland , Maine

An aerial view of the San Francisco city skyline in California, U.S., October 28, 2021. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsSAN FRANCISCO, Nov 28 (Reuters) - Videogame software provider Unity Software (U.N) will eliminate 265 jobs or 3.8% of its global workforce and end an agreement with a digital video effects company founded by the "Lord of the Rings" director as part of a "reset," the company said on Tuesday. Tuesday's announcement includes termination of the professional services piece of an agreement Unity struck with movie director Peter Jackson's visual effects company Weta FX in 2021 after Unity purchased the technology and engineering division of Weta FX. As a result, 265 employees whose jobs are related to the agreement will be laid off, the company said. Reporting by Anna Tong in San Francisco Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlos Barria, John Riccitiello, Jim Whitehurst, Roelof Botha, Peter Jackson's, Whitehurst, Anna Tong, Matthew Lewis Organizations: REUTERS, FRANCISCO, Unity Software, San, Unity, Sequoia Capital, FX, Weta, Reuters, Thomson Locations: San Francisco, California, U.S, Berlin, Singapore, Bellevue , Washington

CEO Changpeng Zhao pleaded guilty to one count of failure to maintain an effective anti-money-laundering program in federal court in Seattle. That case was similar to practices uncovered after the collapse of FTX, the second largest cryptocurrency exchange, last year. Of his many depictions in the cryptocurrency industry, Zhao was best known as the chief rival to Bankman-Fried. Zhao and Bankman-Fried were originally friendly competitors in the industry, with Binance investing in FTX when Bankman-Fried launched the exchange in 2019. A jury found Bankman-Fried guilty of wire fraud and several other charge in October.

Persons: Changpeng Zhao, Brian A, that's, Zhao, “, ”, Mark Bartlett, —, ” Bartlett, “ He’s, ” Zhao, Sam Bankman, Fried, FTX, Fatima Hussein, Ken Sweet, Whitehurst, Tucker Organizations: SEATTLE, Binance, U.S ., Associated Press, United, United Arab Emirates, U.S Locations: Seattle, Binance, Cayman Islands, FTX, United Arab, UAE, Washington ,, New York

The letters were just the latest worrisome disruption for election workers in Seattle and across the country who have been besieged by threats, harassment and intimidation since the 2020 presidential election. Fulton County has been the target of conspiracy theories since the 2020 election, and its election workers have been harassed and threatened over false claims that they were stuffing ballots to aid Democrats. In Pennsylvania, officials estimate 40 of the state’s 67 county election offices have new directors or deputy directors since 2020. In North Carolina, where Republican lawmakers recently moved to gain more control of state and local election boards, roughly a third of 100 county election directors have left since the 2020 election. About 1 in 5 election workers knows someone who left their election job for safety reasons, and about 70% of local election officials said harassment has increased, according to a Brennan Center survey.

Persons: “ There’s, ”, Julie Wise, we’re, –, Brad Raffensperger, ” Raffensperger, “, Barb Byrum, ” Byrum, Kim Wyman, ” Wyman, Liz Howard, Wise, Ed Komenda, Manuel Valdes, Jeff Amy, Lindsay Whitehurst Organizations: ATLANTA, FBI, U.S . Postal, Service, Authorities, Georgia, Republican, Justice Department, Brennan, Associated Press Locations: King County , Washington, Washington, Seattle, King, Georgia, Nevada , California, Oregon, Atlanta’s Fulton County, Fulton County, Ingham County , Michigan, Pennsylvania, Nevada, Arizona, North Carolina, Virginia, Tacoma , Washington, Atlanta

The potential Georgia connection surfaced a day after authorities in Washington state said four county election offices had to be evacuated as election workers were processing ballots cast in Tuesday’s election, delaying vote-counting. Election offices in Seattle’s King County and ones in Skagit, Spokane and Pierce counties received envelopes containing suspicious powders. Political Cartoons View All 1237 ImagesTacoma Police spokesperson William Muse said a message inside the envelope received by Pierce County election workers said “something to the effect of stopping the election." It was not immediately clear how authorities came to suspect that a letter might have been sent to the Fulton County election office or whether similar ones went to election offices in other states. "Election officials should be free from fear and intimidation, which is why I’ve called on the General Assembly to increase penalties for election interference,” Raffensperger said.

Persons: William Muse, Muse, Steve Hobbs, ”, Brad Raffensperger, I’ve, ” Raffensperger, accidently, Gene Johnson, Lindsay Whitehurst Organizations: WASHINGTON, —, Georgia Emergency Management, Homeland Security Agency, The Associated Press, Tacoma Police, U.S . Department of Justice, FBI, U.S . Postal, Service, AP, Assembly, Associated Press Locations: Fulton County, Georgia, Atlanta, Washington, Seattle’s King County, Skagit , Spokane, Pierce, Kings, Spokane, Pierce County, United States, Seattle

☆ Unity shares slide as the company posts a revenue miss and skips guidance
▼ + stars: | 2023-11-09 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Unity Software shares fell as much as 15% in extended trading on Thursday after the video-game engine maker reported a third-quarter revenue miss and refrained from issuing guidance. "Our results in the third quarter were mixed," Unity said in a letter to shareholders. Whitehurst sold Red Hat to IBM for $34 billion in 2019. He said he sees some parallels between Red Hat and Unity, including market leadership and revenue growth. Notwithstanding Thursday's move, Unity shares are down about 12% this year, while the S&P 500 index has gained 13%.

Persons: John Riccitiello, Jim Whitehurst, Whitehurst, Luis Felipe Visoso Organizations: Unity Software, StreetAccount, Unity, Red Hat, Management, Hat, IBM, Whitehurst Locations: China

The long-awaited move by Rep. James Comer, the chairman of the House Oversight Committee, to subpoena the president's son Hunter and his brother James comes as Republicans look to gain ground in their nearly yearlong investigation. Lawmakers also requested that James Biden's wife, Sara Biden, and Hallie Biden, the wife of the president's deceased son Beau, appear voluntarily for transcribed interviews. Requests for comment from Hunter Biden and James Biden were not immediately returned. The five-year investigation into Hunter Biden had been expected to end with a plea deal this summer, but it imploded during a July plea hearing. Weiss has now charged the president’s son with three firearms felonies related to the 2018 purchase of a gun during a period Hunter Biden has acknowledged being addicted to drugs.

Persons: Joe Biden's, James Comer, Hunter, James, Biden's, Biden, ” Comer, Hunter Biden, James Biden, Rob Walker, Lawmakers, James Biden's, Sara Biden, Hallie Biden, Beau, Donald Trump, Hunter Biden’s, Abbe Lowell, ”, Comer, MAGA, Lowell, Mike Johnson, Kevin McCarthy, Johnson, “, ” Johnson, Barack, Joe Biden, David Weiss, Weiss, Lindsay Whitehurst, Eric Tucker Organizations: WASHINGTON, —, Constitution, White, Democratic, White House, Fox News Channel, Fox, Republicans, Biden family’s, Department, Justice Department, Associated Press Locations: Kentucky, Louisiana

It was called a “yellow flag” law, different from the “red flag” laws cropping up in other states to seize weapons from gun owners viewed as a threat. At a minimum, the Maine Gun Safety Coalition wants the state to ban assault weapons to prevent more mass shootings, said Cam Shannon, the group's chair. Wednesday night's mass shooting is especially difficult to stomach considering the recent failures to strengthen Maine’s gun laws, said Lynn Ellis of the Maine Gun Safety Coalition. The yellow flag law had the support of the Sportsman’s Alliance of Maine, which was instrumental in writing it and viewed other states' red flag laws as unconstitutional. It wasn't clear whether the yellow flag law should have stopped the suspect in the Lewiston shootings or where he got the gun he used.

Persons: —, Kamala Harris, ” Harris, Cam Shannon, ” Shannon, Lynn Ellis, “, ” Ellis, Janet Mills, It's, Lindsay Nichols, don’t, ” Nichols, Kristen Cloutier, ” Cloutier, ___ Whitehurst, Levy Organizations: Democratic, Maine Gun Safety Coalition, Sportsman’s Alliance of Maine, Giffords Law, Lewiston, Washington , D.C Locations: PORTLAND, Maine, U.S, Maine’s, . Maine, Lewiston, Washington ,, Harrisburg , Pennsylvania

☆ Here are 20 stocks I'm watching Tuesday, including Lilly, AMD and Goldman Sachs
▼ + stars: | 2023-10-10 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Here are some of the tickers on my radar for Tuesday, Oct. 10, taken directly from my reporter's notebook:If you like this story, sign up for Jim Cramer's Top 10 Morning Thoughts on the Market email newsletter for free. Harley-DavidsonRivian AutomotiveRealty IncomeMizuho lowers WalgreensJMP and Barclays lower RobinhoodBlockUnity Software CEO John Riccitiello out. James Whitehurst, former Red Hat chief in at UnityCiti takes Corning

Persons: Jim Cramer's, Davidson, John Riccitiello, James Whitehurst, Corning Organizations: Realty, Walgreens, Barclays, Unity Software, Red Hat, Unity Citi

☆ Stocks making the biggest moves midday: Block, Truist, PepsiCo, Rivian and more
▼ + stars: | 2023-10-10 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Solar companies — Shares of solar companies rallied Tuesday, putting the Invesco Solar ETF (TAN) on pace for its best day since March 21. The defense and aerospace companies rose Monday after the Israel-Hamas war began over the weekend. Rivian — Shares of the electric vehicle manufacturer rose more than 5% after UBS upgraded the stock to buy from neutral. Block — Shares added 5.5% after Bank of America reiterated its buy rating on the payments stock. Unity Software — The video game software company added 3.2%.

Persons: Skechers, SolarEdge, Hannon Armstrong, Baird, Rivian, Joseph Spak, Semafor, Jason Kupferberg, efruxifermin, John Riccitiello, James Whitehurst, Davidson, — CNBC's Pia Singh, Tanaya Macheel, Jesse Pound, Michelle Fox, Lisa Kailai Han, Samantha Subin Organizations: UBS, Palantir Technologies, U.S . Army, PepsiCo, LSEG, Sustainability, Bank of America, Electronic Arts, EA's FIFA, Technologies, Northrop Grumman, Hamas, Truist, Therapeutics, Unity Software, Unity, Arm, Deutsche Bank, JPMorgan, Arm Holdings Locations: Israel

☆ Stocks making the biggest moves premarket: Palantir, PepsiCo, Rivian and more
▼ + stars: | 2023-10-10 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Palantir Technologies — Shares of the data analytics company added 2.3% on news that the U.S. Army awarded the company a $250 million contract to test and develop artificial intelligence and machine learning. Unity Software — The game engine stock surged nearly 6% after the company said CEO John Riccitiello would retire. Rivian Automotive — Shares of the electric truck company rose 3% in premarket trading after UBS upgraded Rivian to buy from neutral. PepsiCo — Shares of the beverage giant added roughly 1% after a third-quarter earnings beat. Akero Therapeutics — The biotech company plummeted more than 63% after reporting initial trial data related to a Phase 2B study of cirrhosis drug efruxifermin.

Persons: John Riccitiello, James M, Whitehurst, Rivian, Davidson, Goldman Sachs, —, Jesse Pound, Sarah Min Organizations: U.S . Army, Software, UBS, PepsiCo —, LSEG, Ameris, Bancorp, Arm Holdings, JPMorgan, Deutsche Bank, Akero Therapeutics

☆ Unity Software CEO to retire effective immediately
▼ + stars: | 2023-10-09 | by ( ) www.reuters.com time to read: 1 min

Oct 9 (Reuters) - Video-game software maker Unity (U.N) said on Monday John Riccitiello would retire as chief executive officer, effective immediately. The company has appointed James Whitehurst as interim CEO and Roelof Botha as chairman, it said in a statement. He joined IBM through the acquisition of software company Red Hat, where he was president and CEO from 2008 to 2020. Riccitiello would continue to advise Unity and the board would initiate a process to appoint a permanent CEO. The company behind the Unity Engine software had in September rolled back key parts of a new "runtime fee" pricing policy that sparked backlash from gaming developers.

Persons: John Riccitiello, James Whitehurst, Roelof Botha, Whitehurst, Riccitiello, Samrhitha, Shilpi Majumdar Organizations: Unity, IBM, Hat, Thomson Locations: Bengaluru

☆ Unity CEO John Riccitiello is retiring from gaming software company after controversial pricing change
▼ + stars: | 2023-10-09 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +2 min

Unity CEO John Riccitiello is retiring from the gaming software company following a controversial pricing change that frustrated numerous developers. Riccitiello, who has been running Unity for nine years, will also step down as chairman and is leaving the board, the company said Monday. James Whitehurst, former CEO of Red Hat, will become Unity's interim CEO. Unity said it will begin searching for a permanent CEO and Riccitiello "will continue to advise Unity to ensure a smooth transition." In September, Unity announced a pricing change that upset numerous developers who rely on the company's technology to create video games.

Persons: John Riccitiello, James Whitehurst, Roelof Botha, Unity, It's, Riccitiello, John Riccitello Organizations: Red, Sequoia, Unity's, Unity

Mexico and China are the primary sources for fentanyl and fentanyl-related substances trafficked directly into the U.S., according to the Drug Enforcement Administration, which is tasked with combating illicit drug trafficking. And last year a group of Republican attorneys general asked the president to declare fentanyl a weapon of mass destruction. The U.S. has taken a slew of actions to stem the tide of fentanyl coming into the country. And state lawmakers nationwide are responding to the deadliest overdose crisis in U.S. history by pushing harsher penalties for possessing fentanyl. It would also impose reporting requirements and enable the president to confiscate sanctioned property of fentanyl traffickers to use for law enforcement efforts.

Persons: “, ”, Wally Adeyemo, Adeyemo, Joe Biden, Antony Blinken, Biden, General Merrick Garland, Lindsay Whitehurst Organizations: WASHINGTON, United States, Treasury, Justice, Homeland Security, Drug Enforcement Agency, U.S . Postal, Justice Department, Drug Enforcement Administration, Republican, Disease Control, Banking, Armed Services, Associated Locations: U.S, China, Canada, United, Mexico, Sinaloa, Mexican, Wilmington , Delaware

Federal agencies will stop all actions deemed non-essential, and millions of federal employees, including members of the military, won't receive paychecks. A shutdown happens when Congress fails to pass some type of funding legislation that is signed into law by the president. Millions of federal workers face delayed paychecks when the government shuts down, including many of the roughly 2 million military personnel and more than 2 million civilian workers across the nation. Nearly 60% of federal workers are stationed in the Defense, Veterans Affairs and Homeland Security departments. Beyond federal workers, a shutdown could have far-reaching effects on government services.

Persons: Kevin McCarthy's, Goldman Sachs, “, General Merrick Garland, Donald Trump, Hunter Biden, Joe Biden, Trump, Republicans defund, Benjamin Civiletti, Bill Clinton's, Newt Gingrich, isn't, Fatima Hussein, Lindsay Whitehurst, Josh Boak, Lisa Mascaro Organizations: WASHINGTON, Democratic, Republican, WHO, Defense, Veterans Affairs and Homeland Security, Transportation Security, Postal Service, U.S . Travel Industry Association, Lawmakers, U.S . Chamber, Commerce, Republicans, U.S, Democrats, Senate, Associated Locations: shutdowns

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