The combined business would be owned 50/50 between shareholders of FCA and Groupe Renault.Autosread more
Pro-EU parties are set to hold onto two-thirds of the seats at the EU Parliament.Europe Politicsread more
The U.S. is showing signs of targeting China's domestic surveillance and the tech supporting it.Technologyread more
Smartphone users in Singapore, the U.K. and China told CNBC's "Beyond The Valley" that foldable smartphones are "very strange," "super bulky," and expensive compared to the...Technologyread more
The result comes shortly after Conservative Party leader Theresa May announced her resignation as prime minister on Friday morning.Europe Politicsread more
Investors are largely focused on results of the EU parliamentary elections. Euroskeptic parties in Britain and France made solid gains.Europe Marketsread more
Former Apple CEO John Sculley says this skill is vital to all great business leadership.Successread more
A Beijing decision to rapidly and sharply cut its excessive and unsustainable trade surplus with the U.S. would change for the better the bilateral relationship, writes...World Economyread more
Prime Minister Narendra Modi has to make sure that India becomes a highly competitive manufacturing hub where global investors will look to invest, the chairman of India...Asia Economyread more
U.S. President Donald Trump said Monday he expects to get the trade gap with Japan "straightened out rapidly," adding that announcements on that could come as soon as August.World Economyread more
Bitcoin surged more than 9% from the day before to hit its highest level in more than a year.Technologyread more
The Senate Judiciary Committee contacted Michael Avenatti after the lawyer claimed to represent a client who has damaging information about Supreme Court nominee Brett Kavanaugh.
On Sunday, the attorney — who represents porn star Stormy Daniels in her lawsuit against President Donald Trump — claimed he represents a woman "with credible information" regarding Kavanaugh and friend Mark Judge. Mike Davis, chief counsel for nominations for the Senate Judiciary Committee, emailed him requesting the information, according to a message Avenatti publicly shared.
Avenatti responded that he and his client would provide "additional evidence" related to explosive allegations of misconduct "in the coming days." It is unclear what evidence the lawyer has. On Monday, Avenatti told CNBC that his client will make claims about Kavanaugh public in an interview in the next two days. Avenatti said he could not yet identify where that interview will appear.
Taylor Foy, a spokesman for Judiciary Committee Chairman Chuck Grassley, R-Iowa, confirmed the exchange was genuine. The panel's staff "requested that Mr. Avenatti provide any evidence that he claims to have," Foy said.
A White House spokesman who oversees Kavanaugh's confirmation did not immediately respond to a request to comment on the lawyer's accusations.
Avenatti, a frequent and vocal Trump critic, has said he is considering running for president as a Democrat in 2020.
Avenatti's claims came as a second woman accused Kavanaugh of sexual misconduct. In a New Yorker story published Sunday, the judge's college classmate, Deborah Ramirez, says he exposed himself to her at a Yale University party in the early 1980s. Kavanaugh called the allegation a "smear" and said that "this alleged event from 35 years ago did not happen."
Christine Blasey Ford, a college professor who accuses Kavanaugh of sexual assault when they were both in high school decades ago, is set to testify publicly on Thursday. The appeals judge has denied that accusation, as well.
Sen. Dianne Feinstein, a California Democrat and the ranking member on the Judiciary Committee, called Sunday for a delay in Kavanaugh's confirmation process and the cancellation of Thursday's hearing.
Trump has stood by his Supreme Court choice, saying Monday that he is "with him all the way."
— CNBC's Dan Mangan contributed to this report.