May 23, 2018

Report: Ukraine paid Cohen to arrange Trump meeting

President Trump and Petro Poroshenko. Photo: Mikhail Palinchak\TASS via Getty Images

Michael Cohen was paid at least $400,000 on behalf of Ukrainian president Petro Poroshenko to arrange talks last year with President Trump, BBC reports.

The details: The meeting between Poroshenko and Trump took place in the middle of Trump's first year as president. Cohen was tasked with ensuring it was more than a brief photo-op, and wasn't legally registered as a representative of Ukraine, per the report. He and the the two Ukrainians reportedly responsible for opening the backchannel denied the report. Cohen was also paid millions by corporate America for White House insights.

Go deeper: Michael Cohen goes through the wringer for Trump.

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Coronavirus kills 2 Diamond Princess passengers and South Korea sees first death

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. U.S. numbers include Americans extracted from Princess Cruise ship.

Two elderly Diamond Princess passengers have been killed by the novel coronavirus — the first deaths confirmed among the more than 600 infected aboard the cruise ship. South Korea also announced its first death Thursday.

The big picture: COVID-19 has now killed more than 2,200 people and infected over 75,465 others, mostly in mainland China, where the National Health Commission announced 118 new deaths since Thursday.

Go deeperArrowUpdated 3 hours ago - Health

SoftBank to cut its stake to get T-Mobile's Sprint deal done

Illustration: Rebecca Zisser/Axios

T-Mobile and Sprint announced a revised merger agreement that will see SoftBank getting a smaller share of the combined company, while most shareholders will receive the previously agreed upon exchange rate. The companies said they hope to get the deal as early as April 1.

Why it matters: The amended deal reflects the decline in Sprint's business, while leaving most shareholders' stake intact and removing another hurdle to the deal's closure.