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Andrew Puzder has spent his career in the private sector and has opposed efforts to expand eligibility for overtime pay, arguing that the minimum wage hurts small businesses and leads to job loss among low-skilled workers.
A Hennepin County judge did not rule on the Minnesota Chamber of Commerce's request for an injunction to halt the ordinance but did question the scope of the Minneapolis rules.
Asian shares meandered Friday as an overnight rally in U.S. markets helped by the European Central Bank's decision to extend its bond-buying economic stimulus program faded. South Korea's benchmark slipped as lawmakers prepared to vote on whether or not to impeach President Park Geun-hye.
The climb continues a six-week trend following the election.
Bankruptcy court must approve ERP Iron Ore's offer.