. >>> today the cbs board of directors is expected to meet amid allegations of cbs chairman and ceo les moonves. there are also accusations that harassment was accepted at cbs news. cbs says it's investigating those claims, and tony dokoupil has our report. >> reporter: monday's regularly scheduled gathering of the cbs board of directors comes after a bombshell new yorker report on friday alleging that six women who had professional dealings with les moonves said he sexually harassed them between the 1980s and early 2000s and 19 current and former employees claim former cbs news chairman and current "60 minutes" executive producer jeff fager allowed harassment in the news division. both men have denied allegations of wrongdoing, and the cbs director said friday they're investigating the claims. in one of the claims, actor/producer illeana douglas said she went there for a script meeting in 1997 where she said the executive held her down on the couch, quote, vie lnltly kissing her. she said the physicality of it was horrendous. moonves acknowledges the kiss but denies sexual assault. dou

position to harm or hinder anyone's career." >> zachary, there is some new reporting on what the cbs board of directors may do? >> that's right, reports there have been conversations about whether moonves should step down during the investigation, but cbs says after the investigation is conducted, they will take the appropriate actions, if necessary. >> zachary, thanks so much. >>> we turn to a deadly police shooting near a pennsylvania amusement park. officers opening fire on a man allegedly refusing commands and acting erratically. erielle reshef with the video and investigation under way. >> reporter: tonight, new video showing a deadly scene in pennsylvania just outside a popular family attraction. police gunning down a suspect on the side of a busy road. >> get down on the ground! >> hamilton boulevard near lincoln avenue for suspicious activity. >> reporter: police responding to reports of a man acting erratically. allegedly attacking cars across from dorney park. >> caller reported a man jumping on cars in front of dorney park. >> reporter: at least in one occasion, he ripped a wind

. >> it is what we know at this point the cbs board is meeting later today. they're going to be discussing the future of mr.m moonves who was the subject of ronan farrow. it falls under the headline of sexual harassment that included potentially payoffs, or at least and/or intimidation. it wasn't good the question and always, i think, with these, as the cbs board is prepared to undertake an investigation, jim, is there's always seems to be more out there. you know, a guy spends eight months working on a story. i can tell you that's a long time you're trying to convince one person and then another person. and you have the third who will do it if the first two do. there are plenty, potentially, who won't at all who fear -- >> tell me more about that. >> fear intimidation i don't know but i think we've seen in these kinds of cases that just because you can cite six people on the record, doesn't mean there's more. so we'll see i think the challenge for mr. moonves continue in the role and convince the board they're best serving in the role. is he better off, perh

the cbs board will get together to decide whether their ceo and chairman should show up this week. what is the game plan? >> the main important thing they need to do is form a committee, a special committee to oversee these allegations into the conduct of not just les moonves but the entire culture at cbs. it's a pretty broad investigation. so we expect the committee would have three members, and the special committee would choose the law firm that will conduct the investigation. and we think that will probably happen within the next, you know, couple days. they'll announce what the outside law firm is to conduct the investigation. and of course they also have to decide whether the ceo les moonves can continue in his job while this investigation goes on. >> now moonves says, quote, there were times decades ago when i may have made some women uncomfortable by making advances. those were mistakes and i regret them immensely. he followed up by saying no means no. you can hear more on what executives are saying on "start here" later this morning. check it out on apple podcast. >>> poli

>> a source tells me cbs' board will have a meeting mid-day. ay night alleged abuse at cbs. the board will surely discuss the investigation into les moonves. we also expect the board to discuss its plan to do a broader examination of the corporate culture. details of the investigation such as who will be conducting it and certainly by mid week the question is whether the board will continue to support moonves running the company throughout the probe which could take months or whether the board pushes him out moonves saying in the article, quote, i always understood and respected and abided by the principle that no means no and i've never misused by position to harm or hinder anyone's career viacom shares gained 2% on friday over speculation this increases the chances of a merger between cbs and viacom for which shari redstone advocated and moonves opposed. redstone issued a statement refuting the claim she was behind the report. executives who have worked with moonves over the year have tweeted their support. we'll see if more come forward in su

the cbs corporate board will meet tomorrow amid accusations of sexual misconduct against chief executiveeslie moonves. there are also accusations that a broader corporate culture, extending into cbs news, tolerated discrimination and harassment. tony dokoupil reports on what one of the accusers is now saying. >> reporter: monday's regularly scheduled gathering of the cbs board of directors comes after a bombshell "new yorker" report on friday. it alleges that six women who esealingwith les moonves said he sexualedhems and early 2000s. and that 19 current and former employees claim former cbs news chairman and current "60 minutes" executive producer jeff fager allowed harassment in the news division. both men have denied allegations of wrongdoing and the cbs director said friday they are investigating the claims. in one alleged incident, actor and producer illeana douglas said she went to moonves' office for a script meeting in 1997, where she says the executive held her down on his couch, "violently kissing her." she said the physicality of it was horrendous. moonves acknowledges the kis

cbs. the board behind closed doors. what they've now decided. and les moonves' wife, julie chen, what she said on air today. >>> the missing college student. what we now know about the timeline and her father breaking his silence tonight. >>> and the new development in the murder of that well-known doctor who once treated former president george h.w. bush. what's now been revealed. >>> good evening as we come on the air in the west tonight. it is great to be back with you here on a monday evening. and there are several fast-moving stories as we come on. we begin there with the state of siege in california. the death toll growing. four firefighters, a grandmother, two great-grandchildren among the victims. tonight, three major wildfires burning, but there are many more, from one end of the state to the other. the largest, the carr fire in the north, drawing fire departments from hundreds of miles away. the devastation not just from the flames, but from powerful winds the fire creates. trees flattened, it looks like a tornado blew right through. t

moonves participated in a teleconference meeting of the full board, but a source told cbs news he steppedy when the board began discussing the allegations against him. today's meeting came in the wake of friday's "new yorker" magazine story, detailing allegations from six women who said moonves harassed or sexually assaulted them. in one incident from 1985, before moonves worked for cbs, one woman said, during a meeting moonves threw himself on top of her and began kissing her. another said in 1995, after he joined cbs, that moonves shoved his tongue down her throat during a meeting. moonves denies the accounts or says he doesn't remember many of the details outlined in the "new yorker" story, but in a statement he said, "there were times decades ago when i may have made some women uncomfortable by making advances. those were mistakes, and i regret them immensely." the executive producer of "60 minutes," jeff fager, also denies separate allegations in the article that he protected men accused of misconduct, and would touch employees in ways that made them uncomfortable after drinking at o

cbs. the board behind closed doors. what they've now decided. andless moonves' wife, what she said on air today. >>> and what we know about the timeliable of the miss iing -- >>> good evening. and it's great to be back with you on a monday night. and there are several fast-moving stories as we come on tonight. and we begin with the state of siege in california. the death toll growing. tonight, three major wildfireso. the biggest is the carr fire in the north, drawing fire departments from hundreds of miles away. the devastation not just from the flames, but from powerful winds the fire creates. trees flattened, and it looks like a tornado blew right through. tonight, entire neighborhoods are gone. more than 800 homes destroyed in the carr fire alone. tonight, the four fightfighters on the front lines, in two separate fires, when the flames engulfed them. abc's kayna whitworth on the fire lines tonight. >> reporter: tonight, with more than 12,000 firefighters battling nine large fires in california alone, the biggest one, the carr fire, scorching

the leader of a network or the leader of a free world. >> reporter: his comments came hours after cbs' board of directors left their meeting with leslie moonves still in charge. in a statement, the company said the board is in the process of selecting outside counsel to conduct an independent investigation. but some analysts question the board's action. >> i cannot imagine a scenario where the board comes out ttert keeping him,ar the usual with moonves still in charge. >> reporter: a source tells cbs news when the board began discussing the allegations against moonves during the meeting, he stepped away.ccou o women who claim he sexually harassed them, including four who say he forcibly kissed or touched them. all said their careers suffered after they rejected his advances. moonves acknowledges there were times decades ago when he may have made some women uncomfortable by making advances. but says he's always understood no means no and he's never misused his position to harm or hinder anyone's career. on her cbs show, "the talk," moonves' wife, julie chen, reinforced comments she made in a

the cbs board meeting today. some members reportedly discussing whether moonves should step aside as the network investigates. in a moment we'll speak with "the new yorker's" ronan farrow, who broke the story. but first abc's eva pilgrim is here with all the latest. good morning, eva. >> reporter: good morning, amy. the cbs board is expected to appoint a special committee today to investigate its chief officer les moonves and these allegations of sexual misconduct. but we are now hearing they are planning to go beyond that looking into if this is a larger problem with the workplace culture at cbs. he's the man credited with turning around cbs, green-lighting hit shows like "everybody loves raymond." >> i can't breathe. >> reporter: "csi" and "survivor." the head of cbs, les moonves, now facing allegations of inappropriate behavior from unwanted kissing to sexual assault. "the new yorker" magazine detailing allegations from six women including emmy nominated actress and writer, illeana douglas. douglas telling jou

you would be the only one to think of this, hopefully i beat you to it, her dad was on the cbs board, of the longest members. bill paley, founder, brought him on board to clean up cbs this place has had the worst ceo succession history since bill founded it in 1928. >> haven't had to worry about succession a long time, they've had a ceo that's extraordinarily good at his job. it would appear at least that may come to an end what do you think about as you're the board as well in terms of trying to maintain order. talking about a company that lost 10% of market value the last two trading days. >> anybody in this industry, including you, think of les moonves, you think of this incredible string of hits, ncis and "survivor. he is the one that found the guy that created "the apprentice." all these other great shows, "csi." this should not be the ceo job to pick these great shows. he is a finance guy, seen other finance guys do well in media. i think you had the best solution i heard earlier today you suggested this third course rather than some stare down options between viacom and cbs and

there's also word the board may look into whether this is larger problem with the workplace culture. maggie ruly outside cbs broadcast center in new york. >> reporter: its regular board meeting interrupted with debates over the future leadership of the company. it comes after the head of cbs, les moonves credited with turning around the network with a string of hit shows is now at the center of a sexual abuse scandal. last friday ronan farrow broke the news in the new yorker. detailing the news of six women. >> the goal here was to expose stories that had been buried for a long time. these women wanted accountability. >> reporter: one of the women who came forward telling npr moonves made an unwanted advance toward her. >> he said, look, you're really expensive and i need to know you're worth it. >> reporter: she turned him down and the show didn't get launched. >> and the conversation ended and he went from being very friendly to being really cold. >> reporter: cbs says that moonves has no recollection of the meeting or the phone call. now in response to the accusations the cbs chief says in a statement i

he allegedly held 40 people hostage before surrendering to police. >>> the cbs corporate board will meet tomorrow amid accusations of sexual misconduct against chief executive leslie moonves. there are also accusations that a broader corporate culture extending into cbs news tolerated discrimination and harassment. tony de copo reports on what one of the accusers is now saying. >> reporter: monday's regularly scheduled gathering of the cbs board of directors companies after a bombshell new yorker report on friday alleging that six women who had professional dealings with les moonves said he sexually harassed them between the 1980s and early 2000s and that 19 current and former employees claim former cbs news chairman and current 60 minutes executive producer jeff fager allowed harassment in the news division. both men have denied allegations of wrongdoing and the cbs director said friday they are investigating the claims. in one alleged incident, actor she went to moonves's office for a script meeting in 1997 where she says the executive held her down on his couch, quote, violently kissi

. >> cbs's board of directors met today to discu the fate of les moonves. following allegations of sual misconduct the stock extended its slide following trading today. >> les moonves is staying in the corner office at cbs. despite allegations in a new yorker a sicle ofual misconduct between the 1980s an. 2000 the board of directors issuing a statement saying, they are in the proce ofelecting outside council to conduct an independent investigation. no other action was taken on this matter at today's board meeting. there was plenty of speculation about whether the board would ask moonves to step aside during th probe. whether he would resign. the board also deciding to postpone the annual meeting of stockholders. a date and time yet to be determined. the meeting was expected to focus on cbs court battle with sherry nereds moonves's attempt to dilute her controlling vote. as the board hires a firm and start the investn. the next event for cbs is its earnings report. moonves typically leads the earnings call discussing its trajectory and future. for nightly bus

what the cbs board may be considering following those allegations of sexual misconduct. >>> the deadly shooting outside a major amusement park. a man walking towards a police officer on a busy highway. the officer opening fire. >>> also tonight, is the tsa tracking you?

the cbs board of directors today discussed what to do about sexual harassment allegations against chiefcutive les moonves. howard kurtz tells us where things stand right now. >> the dark cloud over cbs was a prime topic today on its morning show. >> the board of directors at cbs is expected to meet today amid allegations of sexual harassment against chairman and ceo leslie moonves. >> since ronan farrow reported highly detailed allegations by six women spanning three decades, three board members aligned against moonves and pushed for his immediate suspension, but no action has been taken. >> it underscores a huge problem at cbs. if this kind of behavior is coming from the chairman of the company, it could be seen as a reflection of the general and overall culture at cbs. >> the one time actress julie chen today reinforced her tweets defending her husband. >> i will stand by that statement. >> has led the resurgent from last-place to first place and recently found a commission to eliminate harassment in the workplace. >> last week ncis was watched by 25 million people. i don't think we a

moonves participated in the teleconference meeting of the full board, but a source told cbs news he stepped away when the board began discussing the allegations against him. in the wake of friday's "new yorker" magazine story detailing allegations from six women who said moonves harassed or sexually assaulted them. in one incident from 1985, before moonves worked for cbs, one woman said during a meeting, moonves threw himself on top of her and began kissing her. another said in 1995, after he joined cbs, that moonves shoved his tongue down her throat during a meeting. moonves denies the accounts or says he doesn't remember many of the details outlined in the "new yorker" story, but in a statement, he said "there were times decades ago when i may have made some women uncomfortable by making advances. those were mistakes, and i regret them immensely." the executive producer of "60 minutes," jeff fager, also denies separate allegations in the article that he protected men accused of misconduct and would touch employees in ways that made them uncomfortable after drinking at office parties. fage

another sexual harassment investigation, this time around les moonves of, of course, cbs. >> the cbs boardll investigation. liz: particularly sensitive time, does it not, for this company in a pitched battle with sherry red stone and viacom. >> -- shari redstone and viacom. >> i suspect if les is gone, which is likely, shari -- liz: wait, can i just push back? cbs has to launch an investigation. >> they already announced that's underway. liz riz so i don't know that les is gone. i just want to make sure because i, you know, les moonves has been incredible to me -- >> i have to say he's a friend of mine, and i'm really disappointed and really saddened by this whole event -- liz: well, he was at the helm when charlie rose was removed. >> he fired charlie rose in two seconds, and les has always been, in my estimation, a champion of women's rights. liz: well, the stock is down, but we'll be watching that and more. just quickly back to fox, comcast, disney, all of them have seen pretty significant moves here. >> you're seeing the landscape of legacy media in a tectonic change. and old media, ol

unquantifiable variables >>> the other big story of the day we've been talking about, shares of cbs slipping after a boarde allegations against les moonves. want to get to julia boorstin who has the latest >> les moonves is staying in the corner office at cbs despite allegations in a new yorker article accusing him of sexual misconduct between the 1980s and 2000s. saying they are in the quote of selecting outside counsel to conduct an independent investigation. they could ask les moonves to take a leave during it or moonves could opt to step back or resign. the board also deciding to postpone the company's annual meeting with stokds to a date and time yet to be determined. >> with all the directors are expected to focus on cbs' court battle with shari redstone and her push to combine cbs with viacom since the news of these allegations broke on friday, cbs shares are down about 11%. viacom shares are still up about 2.5% now as the board works on hiring a firm and starts its investigation, the next event is due out thursday afternoon we have to see what he december then >> thank you, julia. appreciate that

. >> reporter: tonight, cbs" board of directors taking no immediate action against ceo les moonves. now calling for an independent investigation seeking outside counsel following the bombshell "new yorker" report accusing him of sexual misconduct. the article details six women's accounts, four on the record that include accusations ranging from forcible touching or kissing to physical intimidation between the 1980s and the 2000s. moonves' wife, long-time tv host julie chen, reiterating support of her husband on cbs' "the talk." >> i issued the one and only statement i will ever make on this topic on twitter and i will stand by that statement today, tomorrow, forever. >> reporter: moonves saying in part, i recognize there were times decas women ufoking advances. those were mistakes and i regret them immensely and i have never used my position to hinder someone's career. mon -- moonves' position now in question. >> it seems like they are afraid to name the ceo in any of their communications. >> why? >> because i think they want to leave leslie moonves to decide for himself whether he'

. >>> still ahead cbs's board investigates the crond th-- ceod the stock drops. -- ceo and the stock drops. ceo and the stock drops. ceo and the stock drops. ceo and the stock drops. >>> cbs shareholders got a surprise today, a report released by new yorker a little sexual misconduct byeo les moonves, credited with helping make cbs a t juggerna. cbs said all allegations of misconduct are to be taken seriously. cbs committed to investigating claims that violate the company's clear policies in that regard, end quote. the shares tumbled. julia boorstin with aat loo why thereaction was sharp and steep. >> the investigation into les moonves comes as theny is in the midst with legal battle with viacom control shareholder and national amusements. after she advocated for mbination of the two companies, cbs led by moonves sued for a dividend to dramatically lower the stake to prevent merger. no right for national voting control. investigatiews o into moonves, which could threaten his leadership, viacom ares moved higher and cbs shares moved lower on the perception that cbs's boa investigation

investigation after six women accused of sexual misconduct on new yorker that was published on friday, cbs's boardss claim over the weekend, moonves regrets any behavior that made women uncomfortable but never made position to harm or hinder anyone's career, cbs releases earnings and the stocks tumbling 6% on friday amid concerns that moonves may be force today resign. stopping company that makes 3d downloadable guns by making accessible. josh shapiro saying the the texas-base company agreed to block pennsylvania users after hearing late in federal courts. it began distributing gun files and by sunday 1,000 people downloaded 3d plans for ar15 assault rifles and tesla catching a wave of excitement over new 1,500-dollar surf board, the limited edition custom-made surf board sold out in just one day after it went up on tesla's website over the weekend, only 200 boards which match interior and deck or and color scheme of tesla cars were made. [laughter] cheryl: exactly. well, they've got a lot more issues coming up and obviously adam, it's about the earnings that are going to be coming out. get the po

. >>> fast forwarding into monday, "the wall street journal" reports the cbs board of directors will discuss allegations of sexual misconduct against les moonves. moonves says he may have mistaken advances, but never misused his position. >>> robert wilkie will be sworn in today, planning to shake things up by shuffling leadership. >>> today is national cheesecake day. we'll be right back. ♪ you got it from your parents. and they got it from theirs. it's your skin, and it can protect you from millions of things. so we're here to help you protect your skin. trained to know what works forty the health of your unique skin. walgreens. trusted since 1901. now all sun care products are buy one get one 50% off. with tough food, your dentures may slip and fall. new fixodent ultra-max hold gives you the strongest hold ever to lock your dentures. so now you can eat tough food without worry. fixodent and forget it. oman) we'd been counting down it was our tresiba® reason. he needs insulin to control his high blood sugarsk fo. tresiba® releases slow and steady and works all day and nightin. (vo)

and senior dean for leadership studies h what should the cbs board do with with less moon. >> it's acenario a challenge of course is the back drop of the viacom battlegrounds as to whether or not the 80% controlled and cherry red stone and her team has. both companies of cbs and viacom people wondering if she had any role, but she insists she didn't plus this is the oldest board we know tremendous experience. the average age is 74. and this is a very innsed board. it must some of the ditch cult transitions before let's do the outside investigation going early. the issues that they had of course nbc and others have seen them. they should biably to invest this pretty quickly. we certainly see he's are re entitled to due prays and a fair trial but it's not looking good. take a timeout, no longer happy with the evenly while we conduct this frogs >> that seems to be the hot question of the kwaoebgd the was in contract and going to finish that today. happen to have a perfect successor ready to go. gift years old and been a close partner. it it i mean some of the things -- six spiff sets of

cbs' board of directors is investigating allegations of al

in a statement, the cbs board says all allegations of personal misconduct are to be taken seriously. he independent directors of cbs are committed to investigating claims that violates to be clear policies in that regard. upon the conclusion of that investigation, which involves recently reported allegations that go back several decades, the board will promptly review the findings and take appropriate action. the board continued to say that cbs management still has its full support. >>> twitter stock took a dive on wall street after the san francisco-based company reported a drop in active users. twitter plunged more than 20% and that wiped out about $5 billion of the company's value. it was the largest single day loss for twitter in two years. the selloff happened after twitter set its monthly users dropped by about 1 million in the second order. it predicted more declines in the next few months. this comes as twitter is working to purge, to kick out all of the fake accounts and hate speech. >>> today, facebook stock was also down slightly following yesterday's massive drop on thursd

the future of cbs executive les moonves remains uncertain. the boardiding against suspension or hiatus while appointing an outside law firm to investigate the sexual misconduct allegations made against him. cbs shares are down 9% in the past three sessions, up fractionally today joining us, former cnn chairman and advisory partner, walter isaacson thanks for joining us. >> thanks for having me. appreciate it. >> so the investigation is going to be going on with this outside law firm in the meantime, moonves stays in his position temporary or otherwise. do you think this is the right move >> yes, i think it is. we now reached a stage when things like this come out. you should investigate, you should figure out what's going to happen, you should hire an outside law firm we're getting into this pattern now where you have things that happened awhile back where it is unclear exactly what happened, and i think it is important that a board of directors says okay, we have to take it seriously, we'll hire a firm, investigate and then see what happens. you know,

before through the lens of 2018, should with also discuss a path to learning, reconciliation and the cbs boardd with turning around the network. saying they will seek outside counsel to investigate. they will take a look at the corporate culture at cbs. eva pilgrim, abc news, new york. p >> thank you. no charges will be filed against two indianapolis police officers who shot and killed a black man. prose wabeca tur rds e rs wh a de planned for today. >>> several people are facing charges after a bizarre kidnapping at a texas aquarium. the animal that was kidnapped. a shark. >> my favorite. under surveillance from the san antonio aquarium shows the man lifting the shark out of water and it was placed in a baby stroller. what? police say they found him at one suspect's home. he is under arrest and confessed. a man and woman are facing charges. >> he confessed because he was caught red handed. no no no that thing, that was not a shark. >>> former president obama and vice president joe biden may be out of office, but their bromance is clearly living on the democratic duo stunned customers when the

the cbs board of directors says it will hire outside counsel to look into those accusations and the corporate culture at the network. the claims of six women against moonves were first published in "the new yorker" magazine. >>> at least a dozen major wildfires are wearing out fire crews across california. one little girl did her part. she handed out burritos to the crew after they spent 24 hours battling the fire around the city of redding, which has spread to more than 100,000 acres. but those crews are now reporting progress, getting more than 20% of the fire under control. abc's danya bacchus reports. >> reporter: new images of the tornado of fire from the air that is leveling homes and exhausting thousands of firefighters. across the west, firefighters are up against 6 new wildfires in 13 states. nine of those fires are in california. the largest, the carr fire, scorching nearly 100,000 acres so far. >> yeah, old pictures, everything, it's gone. >> reporter: some of the nearly 40,000 who evacuated are now returning home to utter devastation. among them redding police chief roger moore. h

. >>> fast forwarding into monday, "the wall street journal" reports the cbs board of directors willer sexual misconduct against that company's chairman and ceo led moonves. moonves says he may have made mistaken advances but never misused his position. >>> robert wilkie be l be sworn in today. reporters say he is planning to shake things up by shuffling the agency's leadership. >>> and today is national cheesecake day. to celebrate, the cheesecake factory is unveiling very cherry ghirardelli and a cinnabon cinnamon swirl and is offering half price at any of the cheese cakes. >>> now to the nation's skyrocketing opioid crisis. with overdose deaths common in so many communities. one choose, narcan, a drug that can bring people back to life when they overdose. telling us a woman who is giving that across the country. >> reporter: from here to san francisco, tracy helton mitchell has helped save over 300 people from dialing of an overdose. she doesn't do it in an ambulance or a fire truck, she does it with envelopes and postage stamps. >> if you would ask me if i ever thought i was goin

the cbs board met for hours yesterday. so far, they have not taken any action against moonves. >> it's like they're afraid to name the ceo in any of the communications. >> why? >> i think they want to leave leslie moonves to decide for himself if he is going to step down. >> the board did fdecide, cbs to hire, outside counsel to conduct an independent into thation allegations. >>> the clock is ticking. we'll learn if nats star bryce harper will stay or go. what's the latest in the trade rumors? we don't want to s bryce leaving. >> can you believe this is a discusonon in washin you're a huge fan of the team. and so many people are huge of bryce harper. all of this talk has surfaced in the past day or so. the nats have signaled to other baseball teams they are willing to listen to an offer for bryce harper. another high-ranking executives have told baseball officials that theyon't believe that harper is going t t move. but deal is sweet enough, you can see how brycearper can end up mong. the trade deadline is today. in anyth

. >> brian, the cbs board is leaving les moonves in his post as ceo of cbs as the board selects outsideel to conduct an independent investigation into allegations ha made in the ronan farrow article from the 1980s to the 2000s. he respects the board's decision to hold off on any action for now. >> i'm a strong believer in les as the ceo of that company and if les were not in the seat of that company i don't think i would be in the market to buy cbs stock. >> but on news that these allegations, they're slashing cbs' tag net downgrading the stock, the added overhang of an investigation of an uncertain length with an uncertain outcome. it has an overweight rating on the company with the long-term potential and it still warns that the allegations create a near-term overhang and this comes as prosecutors say they've declined to pursue claims led by women alleging to sexual abuse and one from 1986 and two others in 1988. prosecutors saying the statute of limitations on these claims has expired. ronan farrow tweeting that these allegations seem to be from an additional woman from the six he ci

board's decision. is it the right one? a look at what could be in store for moonves and cbs.pple save tech or intensify the selloff we saw over the last couple days. earnings out after the bell. what to expect coming up and then the u.s. churning out more cheese than it knows what to do with a cheese glut. >> too much cheese. >> how is that possible. >> i know. exactly. the tariffs are threatening exports. that could be a rest fee for disaster. >> i saw what you did there. >> live in the cheese warehouse straight ahead >>> well, stop that, you guys. welcome back to power lufrm. shares of cbs up more than 2% today following the board's decision not to remove the company's ceo les moonves over the sexual misconduct allegations. julia boorstin in los angeles with the latest. julia. >> reporter: well bill cbs board is selecting outside counsel to conduct independent investigation but is leaving moonves as ceo a surprise following speculation that they could can him to take a leave or moonves could opt to step back. in the wake of the ongoing uncertainty cowens doug slay slashing

obviously, cbs trying to defend the larger nature of the culture. now what's happening, the board much directors at cbs has said that they are going to look into these issues. they take these allegations very seriously. we'll see what they come back with and go from there where zbloosh dylan, it's impossible to summarize these in a short time frame, but just to be clear from reading this, there are allegations both of physical force, is that right, as well as pressure? >> that's right. the word -- the phrase that runs the journalist returns to is forcibly kissed. the idea that he would invite these young women who had aspirations of acting, writing, directing, into his office and effectively make advances on them. they would rebuff those advances, and he would then use his power to basically jettison their career. there's one actress, iliana douglas who says he effectively had her fired from a comedy project that they were working on in the mid 1990s. i should also add these allegations go back several decades. we have allegations here from the 1990s, from the 1980s. you know, the

kudos to cbs and board for doing the right thing, getting facts before they make a decision about whate reality, that these are very serious allegations, and we should be taking them seriously. but the other problem with that, so many people have been leaping to conclusion and kicking people out of their jobs and making judgments before any of the allegations are vetted in a courtroom or in a investigation. that is wrong. liz: it should be pointed out that the women in new yorker magazine article, they were not anonymous they stepped forward by name, douglas is one of them, les moonves saying, i recognize there are times decades ago i made have made women uncomfortable by making advances. i regret those mistakes. i have abided by the word no means no -- his wife put out a statement, supporting her hugs husband. >> you know, it does not sound like retaliation at all, board saying, we want to know the facts are. liz: in the article. did you get a chance to read the article? >> i did, i don't see that it is retaliatory. liz: the women were saying they thought that careers were stopped. >>

the cbs board met for hours yesterday. so far, they have not taken any action against moonves. >> it's like thenare afraid to the ceo in any of the communications. >> why? >> i think they want to leave leslie moonves to decide for himself if he is going to step down. >> cbs hired outside counsel to conduct an independent investigation into the allegations. >>> a former top official at fema is facing disturbing allegations of sexual misconduct. the former personnel chief, cory coleman, moved female staffers to offices so male friends he hired could try to have sex with them. the looking into claims anether col hired college fraternity brothers and women who met at bars and dating websites. coleman resigned two weeksago. or> now, shocking video, raising safety concernside shares like uber. chris lawrence has more from tve desk. >> showing you something in new york city. an uber driver is accused of juing over a curb and running into a cell phone store and a restaurant. you're about to hear a witness be what happened and see

. >>> in a few hours the cbs board of directors will consider the fate of their ceo after allegationsconduct by at least six women. they spoke to ronan far row in a piece for the new yorker. throughout my time at cbs we promoted a culture of respect for all employees and consistently found success elevating women to top executive positions across the country. i recognize that there were times decades ago when i may have made some women uncomfortable by making advances. i always understood and respected and abided by the principle that no means no and never misused my position to harm or hinder anyone's career. investigative journalist ronan farrow joins us now. good morning, ronan. >> good morning. >> what are these women alleging? >> these are very serious allegations, allison, two of the women term what they went through assault. i think have a fair case that it would be within the conventional definitions of assault. we were talking about encounters in which women allege they were pinned down and struggled to escape. it's serious stuff but i also want to point out that in some of t

cbs shares were down about 6% in trading on the news. but we'll have to see what the board you guys. >> thanks so much. >>> coming up, everybody, axios nicholas johnston has a look at this morning's one big thing. >>> coming up on "morning joe," president trump lashing out at bob mueller. the latest on the president's weekend twits targeting the special counsel over 2016 meetings at trump tower involving his campaign and a group of russians. >>> richard blumenthal and eric swalwell will both weigh in on the president's comments. "morning joe" just moments away, everyone. to deliver their dreams they're handing us more than mail they're handing us their business and while we make more e-commerce deliveries to homes than anyone else in the country, we never forget... that your business is our business the united states postal service. priority: you ♪ but prevagen helps your brain with an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. healthier brain. better life. new laptop with 24/7 tech s

cbs board says it will investigate the charges against moonves and cbs news has an outside law firm looking into any misconduct in its news division. presumably the issues with fager will be looked at by that law firm. cbs news is on summer break, summer vacation so i'm not expecting any new developments in the short term. >>> speaking of new allegations, i wish there wasn't so much to report in this first block, but another story broke this week at fox news. kimberly gilfoyle left after an investigation into her alleged inappropriate behavior and sexual harassment. emotionally abusive behavior, showing colleagues photos of male genitalia. guilfoyle is fighting back. her lawyers have gotten involved. they say these charges are baseless. we can show a quote from her lawyers saying any allegations of kimberly engaging in inappropriate work-place conduct are unequivocally baseless and have been viciously made by disgruntled and self interested employees. >>> as president trump likes to call us, the fake news media. breaking news from "the new york times" next. ♪ be right back. with moderate to

when the board is making its decision, how does it factor in this huge salary that moonves is expected to get. >> it might be more of how it looks public relations-wise rather than expense. cbscouple hundred million dollars might not move the needle for the company but it could have an impact. and and certainly something that the board if they decide to stay pay out a lot of money, they would have to explain to investors. >> thanks. joe: coming up. things to know for tomorrow's trading day. ♪ >> the climb in u.s. stokes with tech selloffs. and falling 23% over the past three days. biggest three-day loss. coming up much more tech earnings. apple. we will be breaking it down. joe: i will be watching economic data. and with the briefing from the governor. >> the fed as well, joining the party, first beginning their two-day tomorrow. the decision. joe: huge week, personal income and spending. and culminates on the jobs report on friday. >> this is the most consequential week for the rest of week. that does it for "what'd you miss." joe: have a great evening. this is bloomberg. ♪ ♪ >> i'm emily chang in san francisco and this is bloomberg technology. coming up in the next hour, t

. >> the cbs board of directors has decided to use outside counsel to conduct an investigation after he was accused of misconduct. the investigation follows a report in "the new yorker" in which six women accused him of misconduct. the second-quarter earnings on thursday. something that is in the spot light. one woman wants to take canada dry to court over his ginger ale. lea: this woman in new york has filed a lawsuit over canada dry of its parent company dr pepper claiming that canada dry lies to its customers with a name change or rail because it doesn't actually have any ginger in it. she claims it's false advertising and promises consumers the benefits to help with inflammation, nash, high cholesterol, muscle pain for the woman filed a lawsuit as a class action could similar lawsuits have been previously filed if you can believe it or not. cheryl: do they say it helps with all of these things? >> did not say ginger rael, the ginger itself does. so she thinks that he should help with -- there should be health benefits of drinking a soda. >> my mother says this health benefits and

cbs board will meet today to consider whether the ceo should step aside for sexual harassment allegations are investigated. the company has opened its own investigation after 67 accused him of misconduct in a story published late friday. cbs discussing claims over the weekend. he regrets any behavior that made women in comfortable but says he never used a position harm or hinder anyone's career. it releases earnings this coming thursday. amid concerns that it might be forced to resign. tracee: promises to be a busy week for investors with earnings from five dow components with one quarter of the s&p 500 hit among the highlights, apple will report its latest results tomorrow. we'll hear from tests on wednesday. investors will be following the federal reserve two-day meeting which starts tomorrow. no rate hike is expected that is always the fed statement on the economy will be carefully analyzed. the league's biggest economic report comes on friday on the jobs report. payroll is expected to fall to 190,000 with the unemployment citing the 3.9%. cheryl: birdied july go. vice president pen st

and as you've heard, cbs' board is meeting today to discuss allegations against the ceo. what could be the next move for the mogul and for that company what should dwrou b about the stock and s the economy getting too hot? does the fed need to step in a good old fashioned dedebate coming up. at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. with pg&e in the sierras.95. and i'm an arborist since the onset of the drought, more than 129 million trees have died in california. pg&e prunes and removes over a million trees every year to ensure that hazardous trees can't impact power lines. and since the onset of the drought we've doubled our efforts. i grew up in the forests out in this area and honestly it's heartbreaking to see all these trees dying. what guides me is ensuring that the public is going to be safer and that these forests can be sustained and enjoyed by the community in the future. >>> welcome back time for the blitz all allergan shares are higher >>

. >>> the cbs board of directors meets to discuss sexual misconduct against les moonves. day, the published article in which six women accused the ceo of sexual harassment. the board will oversee an investigation with a special committee. some members of the board discussing whether moonves should step aside pending the investigation. moonves said i recognize there were times decades ago where i made women uncomfortable by making advances. those are mistakes and i regret them immensely. i always understood that no means no. i never misused my position to harm or hinder anyone's career. >>> mission accomplished for "mission impossible." >> for a man like that has had enough. >> you can't fight. >> "fallout" raked in $61.5 million at the box office this weekend. the biggest opening ever for the 22-year-old franchise starring the ageless tom cruise. reviews are 98% outstanding on rotten tomatoes. i suggest a field trip. >>> how much longer does 85-year-old justice ruth bader gnsburg plan to serve on the supreme court? her answer just ahead. (phone ping) gentlemen, i have just

now the cbs board of directors before this story came out and were aware of the allegations said thathey would be looking into the charges. they would take every allegation seriously and they would come back and respond once they had had a chance to review all of the details. >> that is a response we will likely not get until next week. meanwhile, moonves own wife is standing by him, calling him a good man a caring father and an inspiring corporate leader. guys, back to you. >> we are going to turn now to pakistan. there is still no final vote round, imran khan and his movement for justice party have declared victory. but every other major party says the election was rigged. some are threatening pro test unless there is new starle help is seen as a military favorite. here's what his opponents, though, are saying. >> reporter: the all parties conference versus unanimously rejected this election. we do not consider this election to be the mandate of the public. we reject the claims of those people claiming victory as a result of this election. we do thought want to give them the right o

. >> reporter: the cbs board says they will fully investigate these claims and they'll hire an outside york. >> now, your accuweather forecast with spencer christian. >> we'll start with doppler 7 showing mainly fog over the coast and over the bay overnight low temperatures in the mid 50s, slightly cooler tn we saw lows upper 60s in the inland area, milder. haze off in the distance will probably pick off the smoke from the fires up north. in the immediate bayth coast to inland areas. inland areas of the state will be quite hot tomorrow, highs well above 100 degrees at redding, bakersville, palm springs, 110 degrees high expected. temperatures will dip slightly on wednesday. we might even see spotty coastal drizzle in the morning hours and see more seasonal range of mild to warm going into the weekend. >> that will be nice. >> here's a question. are you ready nor a wildfire? really need to think about that. up next, how to make sure you have enough insurance. >> it's been 50 years of two all beef patties, this is long distance with the best wifi experience, long-distance relationship. p

. >>> today the cbs board of directors meeting to discuss claims of sexual harassment against the networker the new yorker released a bomb shell report that included six statements from women who claim they harassed them. after a complete investigation it will take appropriate action against the claims. munez has been running cbs for a decade. >>> new information in the sej for a missing college student in iowa who grew up in oakland. what her family revealed about where she may have gone. you know when you're at ross and you'rhello.... ...and then the price is like, helllooo! that's yes for less. find the latest trends and styles at prices that are a perfect fit. it feels even better when you find it for less. at ross. yes for less. this is long distance with the tbest wifi experience,ng distance relationship. plus the most free shows to stream. and with savings on wireless, this is a relationship with more money to spend on the important things. this is how xfinity makes life... simple. easy. awesome. xfinity gives you the best wifi experience to stream the most free movies and shows fr

despite allegations of sexual misconduct reported in the new yorker after yesterday's meeting the cbs boardors issuing a statement they are quote in the process of selecting outside counsel to conduct an independent investigation. no other action was taken on this matter at today's board meeting. leading up to the meeting there was plenty of speculation they could ask moonves to take a leave during the investigation or push him out entirely or moonves himself could opt to step back. analysts weighing in about the uncertainty surrounding the company. slashing cbs's price target to $50, titling the morning note chaos isn't a ladder, it's a trap door. saying the downgrade is a reflection of the fact that the added overhang of an investigation of uncertain length with an uncertain outcome will make share outperformance difficult, given the real sell-off we worry about the impact on company operations in contrast, jp morgan has an overweight rating on the stock, $75 price target citing a favorable long term view but also warning quote allegations of sexual harassment against moonves likely to cr