European Central Bank President Mario Draghi defended the tools that the organization has available.Europe Newsread more
According to China's top economic planning body, some local companies are cutting back on their efforts to hire new university graduates.China Economyread more
German Chancellor Angela Merkel has presided over a tumultuous recent period, which for many, has left Europe on the brink.Commentaryread more
Tensions between China and the U.S. are threatening to slow global trade further, threatening some Asian economies.Asia Economyread more
U.S. President Donald Trump's former campaign chairman Paul Manafort was transferred to a detention facility in Manhattan on Monday ahead of an expected arraignment on state...White Houseread more
Airbus recorded orders and options for 123 planes, according to the aviation consulting firm IBA.iQ.Paris Air Showread more
Markets in Asia were mostly higher on Tuesday as investors awaited the start of a closely-watched meeting by the U.S. Federal Reserve, set to kick off later stateside.Asia Marketsread more
Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Chinese President Xi Jinping will travel to North Korea this week for a two-day visit, ahead of a possible meeting between Xi and President Donald Trump at next week's G-20...Politicsread more
The Pentagon said that the crew of one of the tankers, the Japanese Kokuka Courageous, found an unexploded limpet mine on its hull following an initial explosion.Politicsread more
China's Alibaba Group on Tuesday said its chief financial officer, Maggie Wu, will oversee the firm's strategic acquisitions and investments unit, as part of a business and...Technologyread more
Two U.S. House Democrats asked the White House and Justice Department to turn over documents that could show whether Republican President Donald Trump sought to intervene in the regulatory review of AT&T's $85 billion acquisition of Time Warner.
House Judiciary chairman Jerrold Nadler and Representative David Cicilline, who chairs a panel overseeing antitrust issues, asked them to turn over records after the New Yorker magazine reported this week that Trump directed then-National Economic Council Director Gary Cohn to use the Justice Department to block the deal.
The pair wrote that if accurate, Trump's involvement would "constitute a grave abuse of power." Last week, a federal appeals court upheld a lower court ruling rejecting a Justice Department challenge to the deal filed in November 2017.
The White House and Justice Department did not immediately comment.
AT&T declined to comment.
The letter cited the New Yorker article reporting that Trump called Cohn into the Oval Office "along with John Kelly, who had just become the chief of staff, and said in exasperation to Kelly, 'I've been telling Cohn to get this lawsuit filed and nothing's happened! I've mentioned it 50 times. And nothing's happened. I want to make sure it's filed. I want that deal blocked!'"
The Justice Department said last week it would not seek further appeals.
In February 2018, U.S. District Judge Richard Leon rejected AT&T's request to see White House communications that might shed light on whether Trump pressured the Justice Department to try to block the deal.
AT&T lawyers said last year the deal may have been singled out for enforcement, citing as evidence statements by Trump as a candidate and as president that the deal was bad for consumers and the country.
The communications consisted of potentially thousands of emails and other correspondence.
Trump criticized the deal as a candidate in late 2016, saying it would concentrate too much media power in the hands of one owner, and later saying it would raise prices. He has also frequently attacked CNN, a Time Warner property now owned by AT&T, for what he sees as negative coverage of his campaign and administration.