Bloomberg Facebook Inc was sued by four potential competitors who accuse it of anticompetitive behavior and who asked a judge to order Chief Executive Officer Mark Zuckerberg to give up control of the social media behemoth. The companies also said if Facebook isn’t forced to sell its WhatsApp and Instagram assets, it’ll integrate them into the social network, “consolidating its ...

Bloomberg “Read the transcript!” That’s the rallying cry of President Donald Trump and supporters who say he did nothing wrong in the Ukraine impeachment saga. Democrats countered that the White House readout of Trump’s call with Ukraine’s president offers strong evidence of his guilt. The key line they point to is this: “I would like you to do us a ...

Bloomberg North Korea’s Ri Yong Ho has been replaced as foreign minister after about four years as the country’s top diplomat, NK News reported, citing people familiar with the matter in Pyongyang. The name of his replacement has not been made public, although NK News said it may be announced on or before an event for resident diplomats, scheduled for ...

Bloomberg Democrats seeking to counter President Donald Trump’s use of “socialism” as a slur can look to a yearlong effort to fight back now underway in Florida. Trump frequently attacks Elizabeth Warren and Bernie Sanders as socialists in the mold of progressives in Congress like Representative Alexandria Ocasio-Cortez, who are pushing the party to adopt far-left policies. This attack has ...

Bloomberg The chairman of the House Foreign Affairs Committee threatened to subpoena Secretary of State Michael Pompeo to testify about the administration’s policy in Iran, Iraq and the Middle East following the US drone strike that killed a top Iranian general in Baghdad. The warning comes as Democrats continue to demand clarity over why Qassem Soleimani — the head of ...

Bloomberg Hong Kong must not give up on its youth and should invest in future generations, finance secretary Paul Chan said at a forum on Saturday, Radio Television Hong Kong (RTHK) reported. The city faces declining income and a growing deficit as it tries to deal with ongoing social issues, Chan said. Hong Kong has endured seven months of violent ...

Bloomberg Iran will transfer the flight data recorder and the cockpit voice recorder of a crashed Boeing aircraft to Ukraine for further investigation, according to Iranian media. “The black boxes of Flight 752 will not be decoded in Iran and will be transferred to Ukraine instead as per the country’s request,” semi-official Tasnim news agency reported, citing Hassan Rezaeifar, head ...

You know British politics has been turned on its head when a Conservative government jumps in to rescue a failing company, and Labour supporters criticise the bailout as market distorting and wasteful. Yet that’s the odd situation that arises from the UK’s decision to save struggling regional airline Flybe. When faced with the collapses of travel agent Thomas Cook, contracting ...

Xerox Holdings Corp. is best known for inventing the modern photocopier. When it comes to the company’s $33 billion attempt to acquire HP Inc., Chief Executive Officer John Visentin needs to do more than simply copy and repeat the same terms. It has been almost two months since larger rival HP rejected Xerox’s initial bid. Since then, little in the ...

The good news is, someday soon “triple play” will mean something only to baseball fans. These days, though, cable-TV customers probably still know it better as the industry’s torture device. Triple-play bundles refer to long-term contracts with a company such as Comcast Corp. or Charter Communications Inc. that provide internet, television and landline-phone service for one “discounted” rate. These packages ...