.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."
Apple said it has an agreement to reinstate Parler, the social network popular with supporters of former President Donald Trump it kicked off its app store in January over ties to the deadly siege on the U.S. Capitol.
The United States and China, the world’s two biggest carbon polluters, have agreed to cooperate to curb climate change with urgency.
Ezra Kucharz, chief business officer at DraftKings, talked to Cheddar about the online sportsbook's deal with the NFL and the future of legal sports gambling in the U.S.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Rep. Mondaire Jones (D-N.Y. 17th District) is the first member of Congress to call on 82-year-old Justice Stephen Breyer, who was appointed by President Bill Clinton, to retire.
Nine lives notwithstanding, killing a cat in a hit-and-run soon could become illegal in New Hampshire.
Cheddar takes a closer look at the controversy surrounding COVID-19 "vaccine passports."
The number of Americans applying for unemployment benefits fell sharply last week to 576,000, a hopeful sign that layoffs are easing as the economy recovers from the pandemic recession.
Senator Elizabeth Warren (D-Mass.) joined Cheddar to discuss the growing calls from some Democrats to have President Biden eliminate up to $50,000 in student loan debt per borrower.
President Joe Biden says he will withdraw the remaining U.S. troops from Afghanistan and end America's longest war.
