In a blow to Democrats, the Senate parliamentarian ruled the chamber cannot include Biden's proposed $15-an-hour minimum wage in a $1.9 trillion coronavirus bill the party aims to pass without Republican votes, lawmakers said.
Business & Financial News, U.S & International Breaking News
Asian markets roiled as bond rout turns 'lethal'
Asian stocks skidded to one-month lows on Friday as a rout in global bond markets sent yields flying and spooked investors amid fears the heavy losses suffered could trigger distressed selling in other assets.
Australia lifts ban on Boeing 737 MAX, first in Asia-Pacific region
Australia's aviation regulator said on Friday it would lift a near two-year ban on flights to and from the country that use the Boeing Co 737 MAX aircraft, making it the first nation in the Asia-Pacific region to do so.
Dutch parliament: China's treatment of Uighurs is genocide
The Dutch parliament on Thursday passed a non-binding motion saying the treatment of the Uighur Muslim minority in China amounts to genocide, the first such move by a European country.
Former U.S. Olympics coach dies by suicide after being charged
Former U.S. Olympic gymnastics coach John Geddert, who had ties to disgraced team doctor Larry Nassar and was charged earlier on Thursday with human trafficking and sexual assault, has since died by suicide, authorities said.
Microsoft failed to shore up defenses that could have limited SolarWinds hack: U.S. senator
Microsoft Corp's failure to fix known problems with its cloud software facilitated the massive SolarWinds hack that compromised at least nine federal government agencies, according to security experts and the office of U.S. Senator Ron Wyden.
U.S. moves to speed up releases of unaccompanied migrant children
The U.S. government is taking new steps to speed up releases of unaccompanied children to parents or other sponsors as the Biden administration grapples with a growing number of underage migrants arriving at the U.S.-Mexico border.
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