Of all the cases of economic espionage charged by the DOJ's National Security Division since 2012, more than 80% of them implicated China.World Politicsread more
"Whilst there is a big dispute at the moment, I think there's also potential for resolution," UBS chairman Axel Weber says of the U.S.-China trade negotiations.World Economyread more
Cryptocurrency fans will hope the futures contracts, which are federally regulated, can provide some much-needed legitimacy to bitcoin.Cryptocurrencyread more
Despite mixed fan and critic reactions to the final season of "Game of Thrones," the eight-season epic took home the top prize in the drama category at the Emmy Awards on...Entertainmentread more
There are alternative financial centers and investors can turn to Singapore, Tokyo or Shanghai if Hong Kong doesn't "shape up," says the founder and chairman of Citic Capital.Asia Economyread more
The Kingdom and oil and gas industry have been slow to shore up defenses, raising red flags about the possibility of longer term fall-out in the region.Technologyread more
Tensions between South Korea and Japan may ultimately disrupt the high-end tech sectors, says Heenam Choi, CEO at South Korea's sovereign wealth fund.Traderead more
On Sunday, the 71st Primetime Emmy Awards honored the best comedies, dramas, limited and variety series from the last year.Entertainmentread more
U.S. President Donald Trump's national security advisor said on Sunday that White House Asia policy adviser Matt Pottinger would become his top deputy.Politicsread more
Removing Neumann is a difficult decision for Son, who has long believed in WeWork and Neumann's vision to quickly expand the company.Technologyread more
Datadog went public on Thursday and instantly hit a $10 billion valuation, becoming the fourth cloud software debut to reach that level this year.Technologyread more
Senate Majority Leader Mitch McConnell, R-Ky., would seek to confirm a Supreme Court justice if a vacancy opened next year despite vowing during President Barack Obama's presidency to block any election-year appointments.
"Oh, we'd fill it," McConnell said Tuesday at a Chamber of Commerce event in Paducah, Kentucky, in response to a question about what his position would be if one of the nine justices died next year. The comments were broadcast by WPSD-TV, an NBC affiliate.
Two justices currently on the bench — both appointed by Democrats — are in their 80s: Justice Stephen Breyer, 80, and Justice Ruth Bader Ginsburg, 86, who has had recent problems with her health. Justice Clarence Thomas, the longest-serving justice on the bench and its most conservative member, is 70.
McConnell's comment prompted accusations of hypocrisy. In 2016, shortly after the death of conservative Justice Antonin Scalia, McConnell said that the Senate would take no action on filling the vacancy he left regardless of which judge Obama nominated.
At the time, McConnell cited what he said was a Senate tradition. In a statement released about an hour after Scalia's death, McConnell wrote: "The American people should have a voice in the selection of their next Supreme Court Justice. Therefore, this vacancy should not be filled until we have a new president."
Sen. Chuck Schumer, D-N.Y., the top Senate Democrat, took to Twitter, writing that "Senator McConnell is a hypocrite" but noting that the comment is "no surprise."
"McConnell lives for GOP judges because he knows the GOP agenda is so radical & unpopular they can only achieve it in courts," Schumer wrote.
McConnell has prioritized the swift confirmation of federal judges during President Donald Trump's time in office, and has already shepherded the confirmation of two justices to the top court.
The addition of Trump's two picks, Justices Neil Gorsuch and Justice Brett Kavanaugh, solidified a conservative majority on the Supreme Court. Earlier this month, the Senate GOP celebrated the confirmation of Trump's 100th judicial nominee.
McConnell has fended off charges of hypocrisy, saying that the difference between 2016 and 2020 is that in the previous cycle, different parties controlled the Senate and the White House. Ahead of the 2020 election there is no such divided government.
"You have to go back to 1880 to find the last time a vacancy created in a presidential election year on the Supreme Court was confirmed by a Senate of a different party than the president," McConnell said in an October interview on "Fox News Sunday."
In 2016, McConnell occasionally cited divided government as a reason for not confirming Merrick Garland, Obama's nominee, although he generally said his decision was based on giving voters an opportunity to have a say in the next justice.
A McConnell spokesperson referred CNBC to a tweet from David Popp, McConnell's communications director.
"McConnell has conveyed this reasoning several times — the decision not to consider Garland's nomination was because the Senate was held by a different party than the president leading into an election. His answer Tuesday is consistent with that claim," Popp wrote.