New York (CNN Business) The Weekly Standard, the magazine that espouses traditional conservatism and which has remained deeply critical of President Donald Trump, will shutter after 23 years, Clarity Media Group, the owner of its publisher announced Friday morning. The announcement came after the magazine's editor-in-chief, Stephen Hayes, met privately with Ryan McKibben, the chairman of The Weekly Standard's publisher, MediaDC. "For more than twenty years The Weekly Standard has provided a valued and important perspective on political, literary and cultural issues of the day," McKibben said in a press release. To receive severance, however, employees would need to sign a non-disclosure agreement, the people said. Employees were also told to clear out their desks by the end of the day, the people told CNN.

Source: CNN December 14, 2018 15:51 UTC