On Tuesday night, CNN's Chris Cuomo obtained a letter of intent to move forward with a Trump Tower in Moscow signed by now-President Trump on October 28, 2015.
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Report: Facebook gave Netflix and Spotify access to private messages
Facebook gave technology companies more access to personal user data than was previously made public, according to "hundreds of pages of Facebook documents" obtained by the New York Times.
Why it matters: Facebook's privacy practices are the subject of an ongoing investigation by the Federal Trade Commission. Per the Times, the new records portray the "most complete picture yet" of Facebook's practices of sharing its users' data. Facebook has been under intense scrutiny in recent months after it disclosed a major security breach that could have left as many as 50 million users' accounts vulnerable.
Senate easily passes Trump-backed criminal justice reform bill
A Trump-backed bipartisan criminal justice bill passed the Senate Tuesday night by a margin of 87-12, despite ongoing efforts by Sen. Tom Cotton and other hardline conservatives to sink it.
Why it matters: For years, advocates and lawmakers have worked to reform the federal prison system only to have their efforts fall apart at the last minute. But with the help of Jared Kushner in the White House and a bipartisan Senate coalition, the First Step Act has made it past the Senate and will now likely become law — impacting thousands of current federal inmates.
Exxon asks EPA to regulate methane emissions from oil and gas
ExxonMobil Corp., the world’s biggest publicly traded oil company, is calling on the Environmental Protection Agency to regulate emissions of methane from all new and existing oil and gas wells across the country, according to a letter obtained by Axios.
The big picture: Methane, a potent greenhouse gas, is the primary component of natural gas and is sometimes purposefully or inadvertently leaked in the production and transport of the fuel, as well as when drilling for oil. The EPA has been slow in its approach toward rolling back Obama-era methane rules, in part due to industry divisions.
The evisceration of Michael Flynn
In a surprise twist today, a federal judge delivered a withering brushback to anyone hoping Michael Flynn would get off easy for lying to the FBI.
The big picture: Prosecutors had asked U.S. District Judge Emmet Sullivan for leniency. But in the courtroom today, Sullivan lashed into Flynn, suggested leniency wasn't coming and told the retired general he should consider delaying the sentencing.
U.S. pledges billions of dollars of aid to Central America and Mexico
Two months after President Trump threatened to withhold aid from Central American countries for failing to stop a migrant caravan heading toward the U.S. border, the administration has pledged $5.8 billion worth of private and public development funding for Central America and $4.8 billion for southern Mexico, the AP reports.
Why it matters: The goal of the aid is to promote more stable security and economic conditions to encourage potential migrants to stay in their host nations instead of making the dangerous trip to the U.S. border. It's not yet clear if Mexico will provide anything in return for the billions of dollars worth of aid. The Washington Post has previously reported that Mexico and the U.S. have been working on a deal that would force all U.S. asylum-seekers to remain in Mexico until their applications are processed.
White House asks federal agencies to contribute to border wall funding
President Trump has asked every federal agency to contribute to the $5 billion in border wall funding he has demanded from Congress to avoid shutting the government down, White House Press Secretary Sarah Sanders told reporters on Tuesday.
The big picture: Last week, Trump said he'd be "proud" to shut down the government over funding for the border wall. But Sanders said the administration is now hoping they can prevent a shutdown by securing funding from elsewhere. Lawmakers have until Friday to pass a funding bill that will keep the government open.
Trump Foundation to dissolve after lawsuit with New York attorney general
The Trump Foundation has agreed to dissolve in compliance with a lawsuit from New York Attorney General Barbara Underwood, which alleged that the charity was being used for President Trump's personal and political gain.
The big picture: While the closing of the charity is a victory for the AG's office, the broader lawsuit against the foundation, which seeks $2.8 million in restitution and penalties as well as a ban on Trump's children from serving on the board of other New York charities, will continue.
Podcast: No more Mr. Moonves
Dan and Axios media reporter Sara Fischer discuss CBS's decision to deny a $120 million golden parachute to former CEO Les Moonves, who had been accused by multiple women of sexual misconduct.
Go deeper: CBS readies itself for a new future
Streaming and legalized betting usher in new era for sports content
The transition to streaming, the legalization of sports betting and the rise of esports have created new dynamics for the sports industry that will continue to play out next year.
The big picture: Sports betting is driving a new content industry. Betting on a sports event increases the likelihood of watching it on TV, according to a new telecommunications, media and technology report from Deloitte.