.By Mary Clare Jalonick and Eric Tucker
Sen. Richard Burr, R-N.C., stepped aside as chairman of the Senate Intelligence Committee on Thursday after the FBI served a search warrant for his phone as part of an ongoing insider-trading investigation tied to the coronavirus pandemic.
Senate Majority Leader Mitch McConnell announced the move, saying he and Burr had agreed it was in the Senate's best interests.
FBI officials showed up at Burr's home with the warrant on Wednesday, marking a significant escalation into the Justice Department's investigation into whether Burr broke the law with a well-timed sale of stocks before the coronavirus caused markets to plummet,
The Justice Department declined to comment. His attorney did not respond to phone and email messages, but said last month that the law is clear that any senator can participate in stock market trading based on public information "as Sen. Burr did."
El Salvador President Nayib Bukele has announced that he will send proposed legislation to the country’s congress to make bitcoin legal tender in the Central American nation.
California's reservoirs are shrinking quickly as a drought grips the western United States.
Facebook says it will suspend former President Donald Trump's accounts for two years following its finding that he stoked violence ahead of the deadly Jan. 6 insurrection.
U.S. employers added a modest 559,000 jobs in May, an improvement from April’s sluggish gain but still evidence that many companies are struggling to find enough workers as the economy rapidly recovers from the pandemic recession.
Gas pipelines have long been a vulnerable target due to their value and exposed nature, yet while government agencies have doubled down on physical security, cybersecurity has been overlooked for decades.
The number of Americans seeking unemployment benefits fell last week for a fifth straight week to a new pandemic low
Amazon says it will no longer test jobseekers for marijuana use. The e-commerce giant, which is the second-largest private employer in the U.S. behind Walmart, is making the change as several states legalize cannabis.
An emotional President Joe Biden has marked the 100th anniversary of the massacre that wiped out a thriving Black community in Tulsa, Oklahoma.
China's leaders are easing limits on how many children each couple can have, hoping to counter the rapid aging of Chinese society.
The Supreme Court is leaving in place a $2 billion verdict in favor of women who say they developed ovarian cancer from using Johnson & Johnson talc products.
