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Federal prosecutors prepared a detailed 80-page indictment against Michael Cohen that outlined President Donald Trump's role in directing payments to women to keep quiet about alleged affairs, the Wall Street Journal reported Friday.The report adds new details to Cohen's comments in court when he pleaded guilty in August, in which he said the payments to the women were coordinated with Trump.Trump was involved in or briefed on nearly every step of the payments that were made to former Playboy model Karen McDougal and adult film actress Stephanie Clifford, who goes by the stage name Stormy Daniels, to keep quiet about their alleged affairs with Trump, the Journal reported, and the US Attorney's office in Manhattan gathered information about Trump's participation.The transactions may have violated campaign finance laws.The 22-page document prosecutors ultimately filed against Cohen alleged that he coordinated with one or more members of the Trump campaign. In court, Cohen admitted that "in coordination and at the direction of a candidate for federal office," he kept information that would have harmed Trump from becoming public during the 2016 election cycle.Prosecutors had prepared a draft indictment of Cohen that was more detailed and included additional charges, people familiar with the investigation have told CNN.The indictment was sent to the Justice Department in anticipation of charging Cohen, a person familiar the matter said. But negotiations between Cohen and prosecutors then began in earnest and they negotiated a plea deal. Prosecutors never filed the indictment and Cohen pleaded guilty to a court filing containing fewer charges.The Journal report adds new details about how Trump was involved.Trump met in August 2015 at Trump Tower with David Pecker, the CEO of American Media, who offered to use the National Enquirer to buy the silence of women who might try to publicize sexual affairs with Trump, according to the Journal. The criminal filing from prosecutors described the meeting in vague terms, but didn't go into detail.During the campaign, Trump asked Pecker to stop McDougal from telling her story, and Pecker's company paid 0,000 to the former Playboy model. Then in October 2016, Cohen paid 0,000 to Daniels himself to keep her from going public about an affair with Trump.The President lawyers declined to comment. Trump has previously denied both affairs.Michael Avenatti, the lawyer representing Daniels, said the new developments vindicated his client."For over 8 months we have been battling Donald Trump and the lies he has told about his payment to my client. This is further vindication that we were right," Avenatti said."I think the President should be indicted," he added.American Media declined to comment on the report. 2796

For years, Toys "R" Us was an American success story.Now the discount toy retailer is in its final chapter. The company filed for bankruptcy in September. On Wednesday, Toys "R" Us told employees that it would close or sell all its stores in the United States.It's an ignominious end for the company that was once the toy industry's powerhouse. In the second half of the 20th century, just after the Baby Boom, Toys "R" Us grew into a dominant retail chain thanks to its low prices and a knack for keeping the nation's hottest toys in stock."Toys 'R' Us, Big Kid on the Block, Won't Stop Growing," a Wall Street Journal headline blared in 1988.It all started in 1948, when Charles Lazarus, age 25, opened a baby furniture store called Children's Bargain Town in Washington, D.C. He knew Americans returning from World War II were starting families and needed somewhere to stock up on nursery decor.But before long, Lazarus discovered that the real money was not in cribs, but in toys.Toys break, or go out of fashion — which means parents need to go to the store more often, Toys "R" Us explains in its online company history.In 1957, Lazarus opened his first store stocked only with toys. It was modeled after a supermarket, with items stocked high on shelves and a wide assortment of choices. He named it Toys "R" Us — with a backwards "R" in the logo that was supposed to look it it was drawn by a kid.The mainstays of the iconic Toys "R" Us marketing campaigns emerged over the next two decade. Dr. G. Raffe, which had been used to advertise Children's Bargain Town, became "Geoffrey."In a Washington Post ad from 1970, an eager Geoffrey touted "super giraffic selections" inside "super giraffic stores!" Geoffrey made his first TV appearance in 1973. The "I don't want to grow up" jingle made its debut in the early 1980s.In the meantime, Toys "R" Us was booming.The company went public in 1978 after the bankruptcy of onetime parent Interstate Stores. It quickly became a Wall Street favorite. In 1980, the Los Angeles Times called Toys 'R' Us "one of the New York Stock Exchange's hottest stocks.""What we are is a supermarket for toys," Lazarus told the Washington Post in 1981. "We don't have a competitor in variety. There is none."The Washington Post story favorably compared Toys "R" Us to another American giant: McDonald's."Like McDonald's, with its regimented service and standardized burgers and fries, Toys 'R' Us has become an American institution," the article said.Toys 'R' Us was also known in the corporate world for its sophisticated use of computers."One thing that sets the Toys 'R' Us operation apart is that Mr. Lazarus knows precisely what his customers are buying," a 1985 Wall Street Journal article said. "Each product is tracked by computer, and that helps the chain spot hot-selling items weeks before most competitors do."Lazarus also kept his stores stocked with a variety of baby products, like diapers and formula, so shoppers would have a reason to shop year-round.Things started to go awry in the 1990s. In 1994, Lazarus stepped down as CEO. But the biggest change came when Walmart started offering lower prices on diapers, according to toy industry analyst Jim Silver.While Toys "R" Us remained a destination during the holidays, it lost regular shoppers during the rest of the year."That changed everything," Silver said.In 2001, Toys "R" Us opened a flagship store in Times Square, complete with a 60-foot Ferris wheel and a life-size Barbie dollhouse, in order to juice enthusiasm. But the costs were "astronomical," Silver said.On shaky ground, Toys "R" Us was taken private by a group of private equity firms in 2005. Bain Capital, Kohlberg Kravis Roberts & Co. and Vornado Realty Trust bought the company for .6 billion.Saddled with debt, the store was not able to pour enough money into necessary, innovative changes. By the time Amazon ruled the online shopping ecosystem, Toys "R" Us was lightyears behind — despite an early partnership with Amazon in 2000. The agreement to jointly sell toys online ultimately went sour and ended after a court fight."Walmart had a better online experience. Target had a better online experience," Silver said. "They lost online and they didn't adapt."In 2015, Toys "R" Us closed its Times Square mega-store. It was the beginning of the end.A dismal 2017 holiday season was the death knell. Toys "R" Us will run out of cash in the United States in May 2018, according to a recent bankruptcy filing."Everything is up for sale," Toys "R" Us CEO David Brandon told employees on a conference call earlier this week. 4609

FORT LAUDERDALE, Fla. (AP) — Prosecutors charging New England Patriots owner Robert Kraft with buying sex from massage parlor prostitutes are trying to save their case. They will argue before a Florida appellate court on Tuesday that police legally made secret video recordings of Kraft having paid sex at a massage parlor in January 2019. A lower court judge ruled that prosecutors could not use the recordings. He said the warrant allowing police to install secret cameras inside the Orchids of Asia spa violated constitutional standards. Kraft is charged with misdemeanor solicitation of prostitution. He has pleaded not guilty but issued a public apology. 667

Former Vice President Joe Biden told supporters Tuesday night to "keep the faith" and have patience, as results trickle in from around the country. Biden spoke from his Delaware home just before 1 a.m. ETCar horns could be heard during his short speech, a familiar sound from Biden's drive-in rallies during the final weeks of the campaign. "We feel good about where we are," Biden told supporters, referencing recent projected wins in Minnesota and what Biden says are positive trends in Pennsylvania and other battleground states. Biden also repeated a sentiment he had shared earlier in the day, as he thanked supporters for their patience. “Presidents don’t decide what votes are counted and not counted; voters determine who’s president.”His comments were a little bit of a surprise, given several key states had not been called yet and Biden's comments earlier in the day.When asked if he would give a speech Tuesday night, Biden simply told reporters, “If there’s something to talk about tonight, I’ll talk about it,” according to the Washington Post.Shortly after Biden's speech, Trump addressed the nation from the White House and falsely claimed victory, and vowed to send the outcome of the Supreme Court should the results prove he lost. In a statement, Biden campaign manager Jen O'Malley Dillon called the comments "outrageous, unprecedented and incorrect." There had been some questions earlier in the day whether Trump or Former Vice President Joe Biden would give any speech Tuesday night. There has been warnings all week it could take longer for states to count record-levels of mail-in ballots and in-person votes, and there may not be a winner projected in the presidential race Tuesday night.During a stop at his campaign headquarters, President Donald Trump said he was not thinking about any speeches Tuesday night yet.When asked if he had prepared one, he said, “No, I’m not thinking about a concession speech or acceptance speech yet. Hopefully we’ll only be doing one of those two. And you know, winning is easy, losing is never easy, not for me it’s not.”However, Tuesday night, Kellyanne Conway told ABC News the president is planning on giving a speech."You will hear from the president tonight," Conway said when asked if Trump would talk. "The President is expected to address the nation later from the East Room of the White House," Conway explained, adding that four years ago, Trump gave his speech at around 3 a.m.No word what time the president will talk. 2500

Former President Barack Obama responded to a call from President Donald Trump to indict him. In a podcast released Wednesday evening hosted by former Obama administration official Tommy Vietor, Obama called the claim “absurd.” “The allegations are so absurd that even Republican controlled committees looking into it have dismissed them,” Obama said. “And, you know. Attorney General Barr has dismissed them.” “Unless Bill Barr indicts these people for crimes, the greatest political crime in the history of our country, then we’re going to get little satisfaction unless I win and we’ll just have to go, because I won’t forget it,” Trump said during a Fox News interview last week.On Tuesday, the Department of Justice dropped an investigation after finding no wrongdoing involving the unmasking of classified documents during the Obama administration. Unmasking is a process for government officials to request to learn the identity of people involved in intelligence probes. Obama said Republicans should be doing more to protect government institutions.“I’m disappointed that Republicans who know better have not checked him on this,” Obama said. “And I think on a very important question after the election, even if it goes well with Joe Biden, is whether you start seeing the Republican Party restore some sense of ‘here are norms that we can’t breach’ because he’s breached all of them and they have not said to him, ‘this is too far.’” 1451