National Enquirer for sale as tabloid feels heat from…

National Enquirer for sale as tabloid feels heat from…

Amazon's Jeff Bezos challenged other retailers to raise wages and improve benefits for their employees, saying the competition will help everyone.

American Media Inc (AMI) said in a statement it is looking at "strategic options" for the weekly, as well as for the Globe and the National Examiner brands.

The supermarket tabloid under fire for paying hush money to a former model to help United States (US) President Donald Trump in his 2016 presidential campaign is on the auction block. A phone message seeking comment from Chatham was not immediately returned.

Attorneys for Bezos, the world's richest man, have been engaged in negotiations regarding his electronics.

Prosecutors have been probing the extortion claim in part to determine whether the actions of the National Enquirer's publisher, American Media, violated a non-prosecution agreement it struck past year with prosecutors. The Associated Press reported a year ago that Pecker kept a safe that held documents on hush money payments and killed stories, including records on ones involving Trump.

That agreement required the company to break no laws.

This is how Uber IPO will make directors uber-rich
The biggest winners from Uber's public offering will be its founders and early investors, who own large chunks of company stock. Uber plans to sell around $US10 billion worth of stock at a valuation of between $US90 billion and $100 billion.

Magic Johnson shockingly steps down as Lakers president
The Lakers will miss the playoffs for their sixth consecutive season, their longest postseason drought in franchise history. Is it possible that without Johnson, James isn't in the Lakers' long-term plans?

Boeing shareholders sue over 737 Max crashes, disclosures
ICBC Leasing has delivered a small number of 737 Max 8 models to its clients. Shares of Chicago-based Boeing fell $5.48, or 1.5%, to close at $369.04.

Bezos' security team has looked into the matter and believes the Saudis, because of the Post's coverage of the murder of Saudi dissident journalist Jamal Khashoggi, tried to extort him through the Enquirer. "As of today, it is unclear to what degree, if any, AMI was aware of the details", de Becker wrote in The Daily Beast.

The Wall Street Journal recently reported that AMI paid $200,000 to Sanchez's brother, Michael Sanchez, to obtain Bezos' intimate texts.

A spokesman for the publisher has said "American Media does not have, nor have we ever had, any editorial or financial ties to Saudi Arabia".

"Third-party sellers are kicking our first-party butt".

In an open letter to the Amazon leadership, which was signed by 4,074 Amazon workers, they said Amazon has the resources and scale to fight climate change, which they called "an existential threat".

An attorney for AMI CEO David Pecker, Elkan Abramowitz, said in February that the source for the tabloid's story was "not Saudi Arabia".

Related Articles