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Alina Selyukh

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A federal grand jury in Arizona has indicted seven people behind the classified-ads website Backpage.com on 93 counts, including charges of facilitating prostitution and money laundering.

The defendants include founders Michael Lacey, 69, and James Larkin, 68, as well as other shareholders and employees. The indictment accuses the executives of presenting Backpage as a site to advertise escort services while knowing that "the overwhelming majority of the website's ads involve prostitution." The indictment says the site made over $500 million in "prostitution-related revenue."

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President Trump has argued in recent days that the U.S. Postal Service has lost a fortune delivering Amazon packages at a discount.

However, some of the agency's problems might lie with the president. The top planning and oversight board at the Postal Service has been unable to meet and consider matters such as the agency's long-term relationship with Amazon, because the president has failed to appoint any of the nine governors to the 11-member Board of Governors of the U.S. Postal Service.

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