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
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.
Boeing, hit with $6.6 million FAA fine, faces much bigger 787 repair bill - sources
Boeing Co will pay $6.6 million to U.S. regulators as part of a settlement over quality and safety-oversight lapses going back years, a setback that comes as Boeing wrestles with repairs to flawed 787 Dreamliner jets that could dwarf the cost of the federal penalty.
GameStop jumps nearly 19%; 'meme stocks' fade after another wild ride
GameStop Corp shares rallied on Thursday, finishing with double-digit gains despite a sharp retreat from session highs and leading a surprise resurgence of so-called "stonks" championed online by passionate retail investors.
New York City mayor urges probe of sexual misconduct claims against Governor Cuomo
New York City Mayor Bill de Blasio on Thursday called for an independent investigation into sexual misconduct accusations against Governor Andrew Cuomo made by a former aide to the governor who is now a candidate for Manhattan borough president.
AT&T to sell minority stake in DirecTV to buyout firm TPG Capital
Wireless carrier AT&T Inc said on Thursday it will sell about a third of its stake in satellite TV unit DirecTV to buyout firm TPG Capital in a deal that values the business at $16.25 billion, well below the $68 billion it paid for the asset less than six years ago.
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