The Senate Finance Committee unanimously approves Janet Yellen's nomination as the first woman Treasury secretary, indicating that she will easily win full Senate approval, but Republicans call for her to work with them in developing economic policies.
Business & Financial News, U.S & International Breaking News
Wall Street slips as IBM, Intel falter after results
Wall Street's main indexes slipped on Friday, dragged down by losses in blue-chip technology stalwarts Intel and IBM following their quarterly results, with concerns about a sharp rise in coronavirus cases also denting sentiment.
Jailed Kremlin critic Navalny, on protest eve, says has no plans to commit suicide
Jailed Kremlin critic Alexei Navalny said on Friday he wanted it known that he had no plans to commit suicide in prison, as he issued a message of support to his followers on the eve of protests the authorities say are illegal.
U.S. factory activity near 14-year high; home sales rise in December
U.S. manufacturing activity surged to its highest level in nearly 14 years in early January, but bottlenecks in the supply chain caused by the COVID-19 pandemic are driving up prices and signaling a rise in inflation in the months ahead.
Baseball's 'Hammerin' Hank' Aaron, who held career home run record, dies at 86
Baseball Hall of Famer Hank Aaron, the quiet, unassuming slugger who broke Babe Ruth's supposedly unbreakable record for most home runs in a career and battled racism in the process, died on Friday, the Atlanta Braves announced. He was 86.
Iran's Zarif urges Biden to act first in returning U.S. to nuclear deal
Iran urged new U.S. President Joe Biden on Friday to "choose a better path" by returning to a 2015 nuclear deal between Tehran and global powers, but said the opportunity would be lost if Washington insists on further Iranian concessions up front.
Swiss court finds Israeli businessman Beny Steinmetz guilty of corruption
A Swiss criminal court found Israeli businessman Beny Steinmetz guilty of corruption on Friday and sentenced him to five years in jail, delivering a landmark verdict in one of the mining world's most high-profile legal disputes.
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