Pelosi also said it's "irrelevant" whether approving the USMCA trade deal would give President Donald Trump a victory ahead of the 2020 election.Politicsread more
Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
General Motors stands to lose hundreds of millions of dollars in lost production as a United Auto Workers union strike against the automaker enters its second day, but Wall...Autosread more
Damage to the top OPEC producer's oil facilities ignited fears of supply disruption around the world and has sent crude prices soaring.Energyread more
The second-largest investor in Kraft Heinz Company discloses that it has again trimmed its stake in the food company.Marketsread more
"That leads the developed world to say to China: 'We've got to rebalance this. It's working for you. It's not working for us,'" says the billionaire Blackstone co-founder.Economyread more
Microsoft founder Bill Gates takes an aggressive approach to investing, despite being the second richest person in the world.Wealthread more
Viacom chief executive officer Bob Bakish is not worried about competition in the streaming space, on the heels of its merger with CBS.The Faber Reportread more
Consumers could pay an average 15 to 20 cents more per gallon for unleaded gas by the end of the month following the attack on Saudi oil installations.Market Insiderread more
Bob Bakish, the head of a newly combined CBS and Viacom, said he was "disappointed" by both stocks' reaction to the recent deal.The Faber Reportread more
Elliott Management may not see John Stankey as a future leader at AT&T, but bailing on him before he executes his integration plan has the potential for disaster.Technologyread more
Saudi Arabia accessed Jeff Bezos' phone and obtained private data belonging to the Amazon CEO, security specialist Gavin de Becker said in an article posted on The Daily Beast Saturday, laying out the findings of his investigation.
Bezos had tasked de Becker, his security chief, with investigating how the National Enquirer had obtained and published intimate texts that the Amazon CEO had sent to his mistress, former TV anchor Lauren Sanchez.
In a shocking post in February, Bezos alleged that National Enquirer publisher AMI blackmailed him by threatening to publish intimate photos if he did not publicly state that the tabloid's coverage of him was not politically motivated. AMI has maintained that it acted lawfully in its reporting on Bezos.
De Becker said his investigation had concluded "with high confidence that the Saudis had access to Bezos' phone and gained private information."
Bezos is also the owner of The Washington Post, which has run critical coverage of the Trump administration and the Saudi government. In October, Post journalist Jamal Khashoggi was murdered in a Saudi consulate in Istanbul, sparking international outrage against Riyadh.
"Some Americans will be surprised to learn that the Saudi government has been very intent on harming Jeff Bezos since last October, when the Post began its relentless coverage of Khashoggi's murder," de Becker said.
De Becker went on to say that it is unclear if AMI was aware of the details, but pointed to what he called a close relationship between AMI chairman David Pecker and the Saudi government.
The Saudis have previously denied having anything to do with the National Enquirer's coverage of Bezos.
"This is something between the two parties, we have nothing to do with it," Adel al-Jubeir, Saudi Arabia's minister of state for foreign affairs, told CBS' "Face the Nation" in February.
The Saudi embassy could not be immediately reached for comment.
De Becker said his investigation quickly identified Michael Sanchez, the estranged brother of Lauren Sanchez, as a paid source of the National Enquirer. AMI has said Michael Sanchez was the single source for the story.
But de Becker suggested that "the initial information came from other channels—another source or method."
A spokesperson for AMI, in a statement to CNBC, maintained that Michael Sanchez was the single source for the National Enquirer story: "There was no involvement by any other third party whatsoever," the company said.
Here's the full statement from AMI:
Despite the false and unsubstantiated claims of Mr. de Becker, American Media has, and continues to, refute the unsubstantiated claims that the materials for our report were acquired with the help of anyone other than the single source who first brought them to us. The fact of the matter is, it was Michael Sanchez who tipped the National Enquirer off to the affair on Sept. 10, 2018, and over the course of four months provided all of the materials for our investigation. His continued efforts to discuss and falsely represent our reporting, and his role in it, has waived any source confidentiality. There was no involvement by any other third party whatsoever.
De Becker said the findings of his investigation have been turned over to federal officials.