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when you think about the team that's behind les moonves -- i mean, les has always been famous for beinghis premen douse programmer but there is a team behind him who would take his place at least in the interim this is before there could be a transaction with viacom if you think that's where this lands. >> he has a number two who has been close to him for years and who he wanted to be number two if there were a merger between the companies. and shari redstone had wanted bob backish move in as number two and he resisted that it is not clear. i think you have to go back to fundamentals here. if shari redstone wins and has the control, she's going to decide who steps in and replaces him. because she's on that board. she's the vice chair of the cbs board. and if les is out, her voting control is strengthened. even before a court case >> so we're not just talking about les leaving. do you think we would see a mass leaving? either in solidity with les or because the others would be pushed out because they were seen as too close with les >> i don't know the answer to that one of the questions
when you think about the team that's behind les moonves -- i mean, les has always been famous for beinghis premen douse programmer but there is a team behind him who would take his place at least in the interim this is before there could be a transaction with viacom if you think that's where this lands. >> he has a number two who has been close to him for years and who he wanted to be number two if there were a merger between the companies. and shari redstone had wanted bob backish move...
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but it would seem to weaken les moonves's position, depending on the allegations. strength in his dispute over control of the company is that he has been one of the most successful media executives in recent memory and that he has the loyalty of the company, board, shareholders, and any serious allegations against ceo you what you wrote support. -- erode support. david: les moonves contributed mightily to cbs. we will see how this story develops. thank you to lucas shaw from los angeles. we will monitor this story. trump supporters cheered when he delivered on his tax cuts which he said were critical to economic growth. some of the supporters are not as pleased with his tariffs to change u.s. trading relations. we welcome david mcintosh of the club for growth, he served in congress earlier representing indiana. thank you for being with us. give us where you are on that spectrum. we have talked to you on this program about how much you like the tax cuts. how do you feel about the tariffs? >> we were champions of the tax cuts. the 4.1% gdp growth i think it is attrib
but it would seem to weaken les moonves's position, depending on the allegations. strength in his dispute over control of the company is that he has been one of the most successful media executives in recent memory and that he has the loyalty of the company, board, shareholders, and any serious allegations against ceo you what you wrote support. -- erode support. david: les moonves contributed mightily to cbs. we will see how this story develops. thank you to lucas shaw from los angeles. we...
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les moonves is still the chairman and chief executive at the company. howie: i credit cbs for saying there will be an investigation. and i credit cbs for reporting on this. but can you immediately suspend the head of the company? >> he did at mitt to some unwarranted -- he did admit to some unwanted advances. and to me that's a cultural problem. how are's involved in a corporate battle with some of the controlling stockholders who want to combine it with viacom. could these sexual misconduct allegations be related to that battle? >> it doesn't mean that people around her aren't leak. there is an ugly battle happening with sherry redstone. some say maybe she was involved in this and she can take advantage of this situation. but there is no proof she had anything to do with this. howie: all these women on the record, you would have to say there are questions about les moonves. >> absolutely. they are investigating. more to come on this. sara fischer, thanks for your reporting. coming up. mark zuckerberg loses billions. charlie gasparino i howie: it was th
les moonves is still the chairman and chief executive at the company. howie: i credit cbs for saying there will be an investigation. and i credit cbs for reporting on this. but can you immediately suspend the head of the company? >> he did at mitt to some unwarranted -- he did admit to some unwanted advances. and to me that's a cultural problem. how are's involved in a corporate battle with some of the controlling stockholders who want to combine it with viacom. could these sexual...
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of market value the last two trading days. >> anybody in this industry, including you, think of les moonvesu 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 the rest and that is that he take a preemptive exit in the midst of investigation spares himself the indignity stealing your lines, very successful 15 year reign why drag us all through it these allegations -- >> have the potential for further allegations as well. can never forget that. in many of these instances, jeff, there are others that come after the initial story. >> at this very network, as we know, that very network, not this network at cbs, of course after the issues came out in cbs news. >> charlie rose. >> they had 8 allegations, 27 followed this
of market value the last two trading days. >> anybody in this industry, including you, think of les moonvesu 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...
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this wasn't just les moonves.ing powerful people. >> look, i want -- as i said, you go through many examples. i wi illiyana douglas's account, i cringed and had to stop reading for a couple of minutes when i read this. i think it's important for viewers to hear it because this is what she's saying happened, and, by the way, as you say, she told people at the time, multiple people, so that is the corroboration. >> she recalled lying limp and unresponsive. you sort of black out, she told me. you think how long is this going to go on? i was just looking at this nice picture of his family and his kids. i couldn't get him off me. she said it was only when moonves aroused, pulled up her skirt and began to thrust against her that her fear overcame paralysis. she said she had to do something to stop, and at that point you're a trapped animal. your life is flashing before your eyes. that is disgusting. >> what's significant here is exactly as you are suggesting. not necessarily just these very disturbing details, but the f
this wasn't just les moonves.ing powerful people. >> look, i want -- as i said, you go through many examples. i wi illiyana douglas's account, i cringed and had to stop reading for a couple of minutes when i read this. i think it's important for viewers to hear it because this is what she's saying happened, and, by the way, as you say, she told people at the time, multiple people, so that is the corroboration. >> she recalled lying limp and unresponsive. you sort of black out, she...
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he is cbs and cbss les moonves. for there to be any change at that company, if he leaves or moted or whateverhappens, that would be gigantic for cbs. >> if the claims turn out to have y rit, tuld expect moonves to be forced to step down, warning viacom shareholders would not reap a substantial premi and, quote, the effect on cbs as as busin would be somewhat shattering with several other key executives likely leaving. now it's not just les moonves's future that hangsn the balance but that of cbs and viacom shareholders as well. for "nightly business report" i'm julia boorstin in los angeles. >>> disney gets green lightro shareholders providing 20th century fox assets. that's where we gin, tonight's market focus. shareholders of both companies voted to approve the $71 billion deal that gives disney control over fox's entertainment m properties aority stake in sky. the approval comes after months of uncertainty with disney and comcast at one point engaging in a bidding war whichnded when comcast declined to top disney
he is cbs and cbss les moonves. for there to be any change at that company, if he leaves or moted or whateverhappens, that would be gigantic for cbs. >> if the claims turn out to have y rit, tuld expect moonves to be forced to step down, warning viacom shareholders would not reap a substantial premi and, quote, the effect on cbs as as busin would be somewhat shattering with several other key executives likely leaving. now it's not just les moonves's future that hangsn the balance but that...
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liz: harvard professor is pushing back electiontures an msnbmcircumstancem-- >> les moonves staying where he is for now. they are in process of hiring an outside counsel to conduct an independent investigation to sexual misconduct involving les moonves. stay right there. you're headed down the highway when the guy in front slams on his brakes out of nowhere. you do, too, but not in time. hey, no big deal. you've got a good record and liberty mutual won't hold a grudge by raising your rates over one mistake. you hear that, karen? liberty mutual doesn't hold grudges... how mature of them. for drivers with accident forgiveness liberty mutual won't raise their rates because of their first accident. liberty mutual insurance. ♪ liberty. liberty. liberty. liberty ♪ that's the same things i want to do with you. it's an emotional thing to watch your child grow up and especially get behind the wheel. i want to keep you know, stacking up the memories and the miles and the years. he's gonna get mine -but i'm gonna get a new one. -oh yeah when it's time for your old chevy truck to become their new che
liz: harvard professor is pushing back electiontures an msnbmcircumstancem-- >> les moonves staying where he is for now. they are in process of hiring an outside counsel to conduct an independent investigation to sexual misconduct involving les moonves. stay right there. you're headed down the highway when the guy in front slams on his brakes out of nowhere. you do, too, but not in time. hey, no big deal. you've got a good record and liberty mutual won't hold a grudge by raising your...
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les moonves. six women between the 1980s and late 2000s, say les moonves forcefully touched them.oned that moon vez physically intimidated. he became cold or hostile after they rejected his advances. he responded to the reporting with the statement. i recognize that there were times decades ago when i may have made some women uncomfortable by making advances. those are mistakes and i regret them immensely. >> the author of the king of conte content, kim masters is an editor at large for the hollywood reporter. provide some context for me, if you would. about the role that les moonves plays in entertainment broadly. he rose to the top of the company in the last few years. he is the head of cbs. and he's a giant in the entertainment industry many he's an amazing show man he's a guy who projects incredible confidence. he's at one time an actor. he's managed to navigate cbs at a time when the broadcast industry is challenged. he started a streaming service, he maintains a dominant position in broadcast, so it's a big, big individual in the hollywood landscape. >> i want to ask you, ho
les moonves. six women between the 1980s and late 2000s, say les moonves forcefully touched them.oned that moon vez physically intimidated. he became cold or hostile after they rejected his advances. he responded to the reporting with the statement. i recognize that there were times decades ago when i may have made some women uncomfortable by making advances. those are mistakes and i regret them immensely. >> the author of the king of conte content, kim masters is an editor at large for...
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denies any alleged touch organize inappropriate conduct. >> as we came on, we were hearing from les moonves' wife, tv personality, julie chen. >> reporter: i have that statement. it just came in, david. this is what she writes. she says, i have known my husband, leslie moonves since the late '90s. i have been married to him for almost 14 years. he is a good man, and a loving father, a devoted husband and inspiring corporate leader. she goes on to say, he has always been a kind, decent and moral human being. i fully support my husband and stand behind him, end of statement. >> tom llamas on the breaking headline tonight. tom, thank you. >>> we're going to turn now to president trump and his long-time fixer and lawyer, michael cohen. abc news has learned tonight that michael cohen now says that president trump did, in fact, know about the meeting with russians in the trump tower before the election, and that he knew about the meeting before it happened, after dirt on hillary clinton was promised from a foreign adversary. this will likely interest robert mueller who by the way was photographed
denies any alleged touch organize inappropriate conduct. >> as we came on, we were hearing from les moonves' wife, tv personality, julie chen. >> reporter: i have that statement. it just came in, david. this is what she writes. she says, i have known my husband, leslie moonves since the late '90s. i have been married to him for almost 14 years. he is a good man, and a loving father, a devoted husband and inspiring corporate leader. she goes on to say, he has always been a kind,...
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the new yorker article on les moonves is hout. julia in l.a. with details. >> ronan farrow article.t's very long we are reading through but the headlines at the top of the article it reads like this quote six women who had professional dealings with him les moonves told me that between the 19 eights and late oos he forcibly touched owner kissed them in business meeting in what appeared to be a practiced routine. two told me that he threatened to did he raihle career. saul said he became cold or hostile after his advances were reject andrea their careers suffered facilitator the article goes on to say a current and former employees of cbs told me such behavior extended from moonves to important parts of the corporation including cbs news and 60 minutes one of the network's most esteemed programs. now the statement quoted in the article, les moonves says quote throughout my time at cbs we promoted a kurmt of respect and opportunity for all employees and consistently found success elevating women to top executive positions cross our company. i recognize there were times decades aig whe
the new yorker article on les moonves is hout. julia in l.a. with details. >> ronan farrow article.t's very long we are reading through but the headlines at the top of the article it reads like this quote six women who had professional dealings with him les moonves told me that between the 19 eights and late oos he forcibly touched owner kissed them in business meeting in what appeared to be a practiced routine. two told me that he threatened to did he raihle career. saul said he became...
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process of picking someone to lead an independent investigation into allegations of misconduct by ceo les moonvesins in charge of the network. meanwhile cbs stock down about 10% since those allegations became public. joining us is managing director at ljh managing investors. we welcome him to the table this morning. did the board of cbs make the right decision yesterday the wrong decision >> it looks like they did two things the real critical issue is still in limbo because they haven't even appointed the law firm yet. and, you know, so we could be running the train at an express level. i think the situation warrants it but the board has decided to take the local track >> if i put you on the board right now, you would tell them to do what >> hire the law firm i agree with professor sonn sonnenfeld i see now reason why it shouldn't be completed within perhaps a two-week period. this is mission critical to the shareholders of cbs, the uncertainty is just killing the stock. although i think the business is fine we can go into that if you care to there's no reason for -- i think the article is credib
process of picking someone to lead an independent investigation into allegations of misconduct by ceo les moonvesins in charge of the network. meanwhile cbs stock down about 10% since those allegations became public. joining us is managing director at ljh managing investors. we welcome him to the table this morning. did the board of cbs make the right decision yesterday the wrong decision >> it looks like they did two things the real critical issue is still in limbo because they haven't...
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if convicted could get up to 10 years in prison. >>> in the scand surrounding cbs network chief les moonves, we learned a woman went to los angeles police last year with sexual abuse allegations against moonves dating back to the 1980s. facing nves is not charges in that case. nbc's morgan ratford explains why. >> reporter: tonight, what may be a sevoman accusing cbs ceo les moonves of sexual misconduct. prosecutors in los angeles declined to pursue chargestemming from the claims earlier this year because they say the statute of limitations expired. the unidentified woman went to lice last year reporting one incident from 1986 and two others fro. according to an official document obtained by nbc news. >> if the statute of limitations has expired thersis ly no way to bring a case, no matter st horong the evidence is. >> reporter: this, following the sh bol "new yorker" report last week. the article details six women's accounts tclude accusations ranging from forceable touching to kissing to physicalntimidation from the 1980s to 2000s. stephen colbert speaking out. from his cbs show. >> les m
if convicted could get up to 10 years in prison. >>> in the scand surrounding cbs network chief les moonves, we learned a woman went to los angeles police last year with sexual abuse allegations against moonves dating back to the 1980s. facing nves is not charges in that case. nbc's morgan ratford explains why. >> reporter: tonight, what may be a sevoman accusing cbs ceo les moonves of sexual misconduct. prosecutors in los angeles declined to pursue chargestemming from the claims...
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ironically, though, les moonves himself was a big supporter of the many too movement.iasolved in addressing these concerns and very muchth leadin charges there. he now finds himself facing these allegations. he has reelsed a statement that was given to kee new y and it is very clear but again he also makes some apologies if people have been ccerned about his past. he said i recognize there were moments decades ago where i m have made some women uncomfortable by making vavements. those were mistakes and i regret them but i also represented a abided by the prep that no means no and i've never used my position to hinder anyone'sre . but they're also being qutioned in this article about how they handled previous allegations of harassment, of sexualisconduct in the workplace and it seems that this lengthy article is going to have to lead to a real widening of that inv ptigation takince by cbs. >> chris butler in washington, th in pakistan, members of the former ruling party say they won't boycott the new parliament. despite renting the results that show khan's party winning
ironically, though, les moonves himself was a big supporter of the many too movement.iasolved in addressing these concerns and very muchth leadin charges there. he now finds himself facing these allegations. he has reelsed a statement that was given to kee new y and it is very clear but again he also makes some apologies if people have been ccerned about his past. he said i recognize there were moments decades ago where i m have made some women uncomfortable by making vavements. those were...
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the future of cbs executive les moonves remains uncertain. board deciding 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.
the future of cbs executive les moonves remains uncertain. board deciding 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...
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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. >>> police in pennsylvania are investigating a fatal shooting. >> a man can be seen standing by a police cruiser. he walks away from the cop before coming back. the officer is heard telling the man to get on the ground several times. when he doesn't, the officer as you heard and saw opened fire. the suspect was attacking cars, damaging some of them before police arrived. the man who died and the officer have not yet been identified. >>> and in new orleans investigators believe a deadly shooting incident was likely gang-related. two gun men walked up outside a strip mall and opened fire. police are hoping those who witnessed the shooting will c
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. >>> police in...
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>> well, les moonves is very closing to his chief operating officer ianello, and we heard a lot in thenello of who could be potentially running viacom but moonves and david has reported a lot on this, wanted to make sure that joe ianello continued to be his number two he is close to moonves, but he certainly does not have the close relationships with both advertisers and content creators that moonves is so well known for. >> and there's a power a vacuum whether sherry redstone can come in and help run the company? >> that's going to be down the road i don't think that's front and center right now i think they're more focused on what can be done -- -- in an interim basis perhaps, or perhaps for some period of time, and for your point, you might have directors being potentially replaced again or reconsidering a bad deal but that's not front and center this week. >> juliette, thank you we're going to talk more about this throughout the show in the meantime, let's get to the overall market both the nasdaq and the dow looking to extend their win streak to five but the nasdaq coming off the
>> well, les moonves is very closing to his chief operating officer ianello, and we heard a lot in thenello of who could be potentially running viacom but moonves and david has reported a lot on this, wanted to make sure that joe ianello continued to be his number two he is close to moonves, but he certainly does not have the close relationships with both advertisers and content creators that moonves is so well known for. >> and there's a power a vacuum whether sherry redstone can...
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it's all over the place. >> it came up because they do not suspend les moonves.pending the investigation. liz: charlie, we have to run. we'll be right back. big breaking news on cbs. we will be back in moment for the down is down 148 points. . . with tripadvisor, finding your perfect hotel at the lowest price... is as easy as dates, deals, done! simply enter your destination and dates... and see all the hotels for your stay! tripadvisor searches over 200 booking sites... to show you the lowest prices... so you can get the best deal on the right hotel for you. dates, deals, done! tripadvisor. visit tripadvisor.com and now you know.ed- jardiance is the only type 2 diabetes pill proven to both reduce the risk of cardiovascular death for adults who have type 2 diabetes and heart disease... ...and lower a1c, with diet and exercise. jardiance can cause serious side effects including dehydration. this may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. ketoacidosis is a serious side effect that may be fatal. symptoms include nausea, vomiting, stom
it's all over the place. >> it came up because they do not suspend les moonves.pending the investigation. liz: charlie, we have to run. we'll be right back. big breaking news on cbs. we will be back in moment for the down is down 148 points. . . with tripadvisor, finding your perfect hotel at the lowest price... is as easy as dates, deals, done! simply enter your destination and dates... and see all the hotels for your stay! tripadvisor searches over 200 booking sites... to show you the...
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of directors are skedsualed to meet today over allegations of sexual miss con death against ceo les moonvesprior to friday's report in "the new yorker" magazine. six women claim he sexually harassed them. moonves denies sexual assault. >>> a 17-year-old palestinian was given a hero's welcome yesterday when she returned home after spending several months in an israeli detention center after slapping two soldiers. she's become the new face of palestinian resistance in the conflict with israel. jonathan vigliotti reports. >> to israelis she's seen as a provocateur, to palestinians, ahed tamimi is a hero. she was greeted with flags, che cheers after returning home and celebrating her 17th birthday in a prison. she was imprisoned after she kicked and slapped two israeli soldiers during protests. her mother filmed the incident live on facebook where it quickly went viral. some claim the video was staged. tamimi said she struck the soldiers out of frustrations after troops seriously injured her 15-year-old cousin by shooting him in the head with a rubber bullet. her prison sentence drew heavy crit
of directors are skedsualed to meet today over allegations of sexual miss con death against ceo les moonvesprior to friday's report in "the new yorker" magazine. six women claim he sexually harassed them. moonves denies sexual assault. >>> a 17-year-old palestinian was given a hero's welcome yesterday when she returned home after spending several months in an israeli detention center after slapping two soldiers. she's become the new face of palestinian resistance in the...
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les moonves, the ceo of cbs, accused of sexual misconduct. several women claiming their careers suffered when they rejected his advances. how moonves is responding, plus, we talk to the reporter who broke the story. >>> praising the economy. president trump celebrating success. >> we're on track to hit the highest annual average growth rate in over 13 years. >> but dealing with new questions about that trump tower meeting with the russians. >>> caught on camera, look at this, a terrifying ride. dramatic new video of an out-of-control bus. what investigators are saying this morning. >>> and "star wars" surprises. the late carrie fisher set to reprise her iconic role. how princess leia will return to the skywalker saga. the other big names also coming back and the new faces added to the cast. >>> hey, good morning, everybody. paula has the day off. i'm very happy, though, to announce that diane macedo and whit johnson are on the desk. good morning to both of you. >> good to be here. >> good to be here. >> it's national hamburger day. >> it's a
les moonves, the ceo of cbs, accused of sexual misconduct. several women claiming their careers suffered when they rejected his advances. how moonves is responding, plus, we talk to the reporter who broke the story. >>> praising the economy. president trump celebrating success. >> we're on track to hit the highest annual average growth rate in over 13 years. >> but dealing with new questions about that trump tower meeting with the russians. >>> caught on camera,...
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les moonves can be out of cbs even though there is no trial.ent. they can do what is they think is right for their entities without due process. charles: we should hear today? >> there will be a conference call. >> we don't know if shari redstone will be involved in these deliberations, right? >> she will be via the conference call. >> his arch nemesis. liz: listening in, talking about the deliberations. she has her own stake. charles: that would be tough also. she is fighting back pretty hard people are saying timing is suspicious. liz: she is rejecting that. charles: she is adamantly said she is not involved. some are questioning the timing, if you have two decade-ol' allegations why are they coming out right now? >> when they could hurt him and the present board. charles: we learned a another cautionary tale. who is first breaking news, sometimes -- ashley: attribute it to someone else. >> charles, you did the right thing. charles: nasdaq is breaking key support, here is connell mcshane. >> do you have to follow tech stocks. i'm connell mcsh
les moonves can be out of cbs even though there is no trial.ent. they can do what is they think is right for their entities without due process. charles: we should hear today? >> there will be a conference call. >> we don't know if shari redstone will be involved in these deliberations, right? >> she will be via the conference call. >> his arch nemesis. liz: listening in, talking about the deliberations. she has her own stake. charles: that would be tough also. she is...
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and les moonves is cbs.gotiate an exit, it would be a giant payday. some speculated up to $300 million. >> reporter: and now this cbs independent investigation will look at more than just the moonves allegations. it will also be looking into the corporate culture at the company, amy. >> all right, eva, thank you. our chief legal analyst dan abrams is here along with employment attorney nancy erika smith who represented gretchen carlson in her sexual harassment lawsuit against roger ailes. good morning to both of you. nancy, it looks like for now at least moonves is staying on at cbs. what's your reaction to that decision? >> i think that's a very bad decision. that puts a lot of pressure on the current employees. he's the ceo. if there is an investigation -- i don't think it's independent. i think the board say they were hiring outside counsel which means their lawyer. "the new yorker" reported their chief compliance officer said it was still betsy plevin who was allegedly investigating mr. rose since may 3r
and les moonves is cbs.gotiate an exit, it would be a giant payday. some speculated up to $300 million. >> reporter: and now this cbs independent investigation will look at more than just the moonves allegations. it will also be looking into the corporate culture at the company, amy. >> all right, eva, thank you. our chief legal analyst dan abrams is here along with employment attorney nancy erika smith who represented gretchen carlson in her sexual harassment lawsuit against roger...
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several women told the new yorker magazine that les moonves harassed them.in cbs have plummeted. our correspondent, chris buckler, reports from washington. les m oo nves les moonves has been a leading figure that leading figure at the network cbs for 25 years with a track record of finding stars and developing hit programmes. now he has found himself facing accusations of reporting on his own channel's news programmes. in usejust of reporting on his own channel's news programmes. in use just out of night, the new yorker magazine is reporting that six women had accused cbs chairman and ceo les moonves of sexual harassment. the new yorker magazine said women claim among other things mr les moonves forcibly touched and kissed them or threatened to wreck them that —— wreck their careers. the cbs boss has denied it although he has apologise was making some women uncomfortable in the way he made advances decades ago. in a statement, the television network said... mr moonves is married to the well—known cbs producer chen. he is accused of accusations he very public
several women told the new yorker magazine that les moonves harassed them.in cbs have plummeted. our correspondent, chris buckler, reports from washington. les m oo nves les moonves has been a leading figure that leading figure at the network cbs for 25 years with a track record of finding stars and developing hit programmes. now he has found himself facing accusations of reporting on his own channel's news programmes. in usejust of reporting on his own channel's news programmes. in use just...
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and, les moonves is under fire. his future will be discussed today after explicit sexual harassment charges, but who is really in charge. >> welcome to "bloomberg daybreak." the are here in a new york, a lovely weekend weather was. we hope you had a nice time. >> yes, there was a lot of tod lanter indoor play. a lot like july national a lot play.dler indoor how does that happen in gillette in the new york. >> any kind of shareholder it was all the conversation all weekend. >> the board also, the reports were that they spent all week and on the telephone. they had a schedule that is meeting, -- they had a meeting that was scheduled, we will see today.ey discussed >> let us take a look at the market check, pretty flat for should point out that the dollar-yen is what we're watching into that ug meeting tomorrow. oil is up about 1%. big oil earnings are really not good on friday, so it is interesting to's it how they will capitalize on the higher oil prices. >> that is good, we're looking that.d to time for morning brie
and, les moonves is under fire. his future will be discussed today after explicit sexual harassment charges, but who is really in charge. >> welcome to "bloomberg daybreak." the are here in a new york, a lovely weekend weather was. we hope you had a nice time. >> yes, there was a lot of tod lanter indoor play. a lot like july national a lot play.dler indoor how does that happen in gillette in the new york. >> any kind of shareholder it was all the conversation all...
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les moonves is such an important figure in this network.ed more than a decade ago, doesn't mean it's still not wrong. if you robbed a bank ten years ago, that's still a crime whether it was ten years ago or yesterday. that's something that cbs now has to deal with especially in this whole #metoo movement. would the public be okay with this? some of which he admitted to as a pass. that's not what we accept anymore. >> right. >> so now of course it's up to some of the stars of cbs who have chosen to speak out or not speak out including his wife julie chen. can you imagine how awkward and painful it must be. but here is her statement yesterday. >> some of you may be aware of that's been going on in my life for the last few days. 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. >> what are you thinking? any better way to handle it? >> it's such a difficult position for any spouse of somebody accused of wrong doing. i think it would be -- some people were
les moonves is such an important figure in this network.ed more than a decade ago, doesn't mean it's still not wrong. if you robbed a bank ten years ago, that's still a crime whether it was ten years ago or yesterday. that's something that cbs now has to deal with especially in this whole #metoo movement. would the public be okay with this? some of which he admitted to as a pass. that's not what we accept anymore. >> right. >> so now of course it's up to some of the stars of cbs who...
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ceo chairman of cbs les moonves under fire. and we hear from the reporter who broke the story, ronan farrow. here's abc's chief national affairs correspondent, tom llamas. >> reporter: tonight les moonves, one of most powerful men in media, under investigation by his own company cbs after allegations of sexual misconduct. accusations that range from inappropriate kissing to sexual assault surfacing tonight in a "new yorker" expose by ronan farrow. in the article actress and writer illean douglas tells farrow, "what happened to me was a sexual assault, and then i was fired for not participating." she recounts an incident in moonves' office. in a millisecond, he's got one arm over me, pinning me," she said. moonves was violently kissing her, holding her down on the couch with her arms above her head. producer christine peters recounts a similar experience in the article saying moonves told her during the meeting "this is really great," she recalled. "then he just put a hand up my skirt." >> each and every woman in this story told
ceo chairman of cbs les moonves under fire. and we hear from the reporter who broke the story, ronan farrow. here's abc's chief national affairs correspondent, tom llamas. >> reporter: tonight les moonves, one of most powerful men in media, under investigation by his own company cbs after allegations of sexual misconduct. accusations that range from inappropriate kissing to sexual assault surfacing tonight in a "new yorker" expose by ronan farrow. in the article actress and...
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the first "wonder woman," lynda carter, tweeting, les moonves is a kind, decent and honorable man. sharon osbourne who co-hosts "the talk" with moonves' wife julie chen tweeting, interesting timing. seems like an attempt to discredit leslie before a major court case. cbs is in the middle of a heated legal battle with viacom. some alleging these claims may stem from that corporate dispute. one unnamed cbs exec calling it corporate hardball. a representative for the head of viacom responded saying any claim she's behind these allegations is false. the cbs board saying they will fully investigate these claims and will promptly review the findings and take appropriate action. amy. >> all right, eva, thanks so much. joining us from los angeles is "the new yorker's" ronan farrow. ronan, good morning, and as we just heard, we know that that board of directors is meeting today. what do you think they're going to do? >> amy, it's really not for me to speculate about what will happen to leslie moonves. in fact, i think it's important to point out that the goals of these women coming forward,
the first "wonder woman," lynda carter, tweeting, les moonves is a kind, decent and honorable man. sharon osbourne who co-hosts "the talk" with moonves' wife julie chen tweeting, interesting timing. seems like an attempt to discredit leslie before a major court case. cbs is in the middle of a heated legal battle with viacom. some alleging these claims may stem from that corporate dispute. one unnamed cbs exec calling it corporate hardball. a representative for the head of...
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reports of sexual misconduct allegations against ceo les moonves. the fallout straight ahead >>> president trump saying we are on track for the best economy in more than a decade, but is this as good as it's going to get >>> twitter shares are tanking monthly user numbers keep declining. the stock has had an amazing run, has it hit a top. >>> plus the profit. the economy, jobs and this weekend's nascar race. rev your engines, "power lunch" begins right now >>> welcome to "power lunch. i'm courtney reagan, what a day to join the team here. stocks near session lows the nasdaq taking the biggest fall both the s&p and nasdaq seeing their biggest declines in a month. still the dow and s&p remain on track to post their fourth straight week of gains but the nasdaq on pace to post a second straight weekly decline hi, tyler. >> all right, courtney, thank you very much. just because not enough people have said welcome to "power lunch," i will add my welcome. i'm tyler mathisen, we're glad you're with us on this very busy friday afternoon we begin with a devel
reports of sexual misconduct allegations against ceo les moonves. the fallout straight ahead >>> president trump saying we are on track for the best economy in more than a decade, but is this as good as it's going to get >>> twitter shares are tanking monthly user numbers keep declining. the stock has had an amazing run, has it hit a top. >>> plus the profit. the economy, jobs and this weekend's nascar race. rev your engines, "power lunch" begins right now...
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. >>> fallout for tv titan les moonves after the startling accusations of sexual misconduct. and his wife, tv host julie chen, coming to his defense. >> i will stand by that statement today, tomorrow, forever. >>> details on a secret tsa program to follow passengers, watching their every move, even if they have no criminal history. have you been followed? >> olympic star bode miller and his wife opening up to savannah guthrie about the accidental drowning of their daughter. >> not a day that goes by that i don't pry to goto t back t day and make it different. >> tonight, their powerful warning for all parents. >>> and an inspiring first day of school as lebron james pays it forward. >> announcer: this is "nbc nightly news" with lester holt. >> good evening. welcome to our viewers in the west. what is happening in the west tonight is stunning even veteran firefighters. 100 wildfires burning, 17 of them in california. they're fierce, it's quick and it's behavior that is simply unpredictable. cameras near redding capturing this swirling tower of flames, a firenado. claimed thous
. >>> fallout for tv titan les moonves after the startling accusations of sexual misconduct. and his wife, tv host julie chen, coming to his defense. >> i will stand by that statement today, tomorrow, forever. >>> details on a secret tsa program to follow passengers, watching their every move, even if they have no criminal history. have you been followed? >> olympic star bode miller and his wife opening up to savannah guthrie about the accidental drowning of their...
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reports of sexual misconduct allegations against ceo les moonves.ing all allegations of personal misconduct are to be taken seriously. >> and just on that gdp report, look, the president certainly gets a lot of credit because you can point to more than 7% business investment growth the only thing i would point out that exports of food, feeds and beverages which includes soybeans rose 110% at an annual rate front loading ahead of the planned tariffs china is going to start charging on our products shipped there >> rightly taking a lap of honor today. chevron and exxon missing a little bit today, but energy the best performing sector of the week up 2.3%. oil prices up over the week as well so many individual stock users in both directions, of course its earnings season, but we haven't had one like this with massive moves in both directions we're talk within faang and across consumer names and everything >> separating the winners from the losers >> those earnings throughout the week, and there'll be more to come next week apple of course the big tech t
reports of sexual misconduct allegations against ceo les moonves.ing all allegations of personal misconduct are to be taken seriously. >> and just on that gdp report, look, the president certainly gets a lot of credit because you can point to more than 7% business investment growth the only thing i would point out that exports of food, feeds and beverages which includes soybeans rose 110% at an annual rate front loading ahead of the planned tariffs china is going to start charging on our...
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but permitted by les moonves to penetrate through the entire company. >> yeah.elissa, i'm still reading through this here, but what it lays out in the first several pages i read is a contrast between moonves's recent action and advancing equalitity in the workplace and this culture at cbs describing a culture of intimidation of women who spoke out or who resisted his advances so just going through it here, obviously, this is a time when that's been a lot on me too and time's up. it says here in the article the women came forward before the lawsuit between cbs and national amusements so their allegations are not politically motivated when it comes to the politics of that, but, certainly, powerful timing here. >> julia, thank you, with the latest on cbs. you saw in the after hours session, down 1% on volume >>> coming up, your tweets and the final call well, it's earnings season once again. >>yeah. lot of tech companies are reporting today. and, how's it looking? >>i don't know. there's so many opinions out there, it's hard to make sense of it all. well, victor, d
but permitted by les moonves to penetrate through the entire company. >> yeah.elissa, i'm still reading through this here, but what it lays out in the first several pages i read is a contrast between moonves's recent action and advancing equalitity in the workplace and this culture at cbs describing a culture of intimidation of women who spoke out or who resisted his advances so just going through it here, obviously, this is a time when that's been a lot on me too and time's up. it says...
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. >>> all that and charlie gasparino in the chapter of the cbs les moonves soap opera. let than an hour to the closing bell. let's start thedown. . liz: we are going to get to the facebook images in just a second. we begin, though, with breaking news. california firefighters are currently still battling what is now one of the most destructive wildfires in the state's history. here is a piece of good news we're getting. calmer winds are allowing first responder to bring the fire to what we're told is a 23% containment. still there is a lot of work to be done. firefighters are warning that triple-digit heat and dry vegetation could cause the blaze to come roaring back at any moment. it's the carr fire, c-a-r-r, destroyed more than a thousand buildings and structures. 37,000 people forced to evacuate. at this time yesterday, it was nowhere near that number, and at least 6 people are dead, 7 others still missing. we'll bring you the latest. it is a horrific situation there. more information for you. >>> let us go to the markets, turnaround tuesday on wall street. all ending
. >>> all that and charlie gasparino in the chapter of the cbs les moonves soap opera. let than an hour to the closing bell. let's start thedown. . liz: we are going to get to the facebook images in just a second. we begin, though, with breaking news. california firefighters are currently still battling what is now one of the most destructive wildfires in the state's history. here is a piece of good news we're getting. calmer winds are allowing first responder to bring the fire to what...
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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. tonight, entire neighborhoods are now gone. more than 800 homes destroyed in the carr fire alone.
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...
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ronan, are the main allegations against les moonves? >> over the course of eight months, jud six woen did an incredibly tough thing overcoming what they describ as profound fear of retaliation to tell me about a range ofal seisconduct up to and including two cases that both of those women described as sexual assault in which they both said they were pinned down and had to struggle to escape anun encor. what's important here, judy, is they're speaking about this because they are concerned there was a culture of impunity around les moonves and dozens of other emoyees, former and current across cbs, backed up that account ad said that company knew about charges of harassment and retaliation and from moonves continued to promote some of the men at the heart of thneosele tiations. >> woodruff: what can you tell us about who is making these arges? >> so these are obviously ugurces who went through a long process of string of whether to come forward and what the ramificaons would be for their careers. they include for the women making allegati
ronan, are the main allegations against les moonves? >> over the course of eight months, jud six woen did an incredibly tough thing overcoming what they describ as profound fear of retaliation to tell me about a range ofal seisconduct up to and including two cases that both of those women described as sexual assault in which they both said they were pinned down and had to struggle to escape anun encor. what's important here, judy, is they're speaking about this because they are concerned...
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. >>> the breaking headline tonight about cbs chairman les moonves. 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 secret program called quiet skies. air marshals reportedly tracking everyday passengers who are not suspected of a crime. >>> and, distracted on duty. the police suv slamming into a cyclist at a stop sign. what the police officer admitted to. >>> and good evening. thanks for joining us on this sunday. i'm tom llamas. we begin tonight with the state of emergency in california. as wildfires rage in the west, with the death toll rising. and several people still missing. the carr fire in northern california, charring nearly 90,000 acres. more than 500 structures destroyed, thousands more threatened. six confirmed fatalities, including a sister and brother, just 4 and 5 years old, and their great-grandmother reportedly
. >>> the breaking headline tonight about cbs chairman les moonves. 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 secret program called quiet skies. air marshals reportedly tracking everyday passengers who are not suspected of a crime....
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what les moonves wants to do break away from viacom and shari redstone, sell it to another player. nnell: what is more likely to happen moonves is forced out or removed or suspended how does that affect that, or we don't know? >> if moonves is forced out or suspended i don't see how you stop the controlling shareholder from exercising her duly constituted rights, you know what i'm saying? whether it is good or bad for shareholders of cbs. the fact of the matter it is two dual classes of stock where you can own a minority of stock and still control the company which is what they have there. what i think is what happened, what we have here at 21st century fox. i'm not sure it will be that after the disney deal but it is not uncommon. connell: a and b shares. >> right. you basically give her a lot more power. connell: you don't have as big or powerful voice on the other side. >> les moonves is loved by wall street. when i say loved, he basically ran a very good financially good ship. connell: yeah. >> he brought cbs back in terms of ratings. he was, so he was liked essentially as a man
what les moonves wants to do break away from viacom and shari redstone, sell it to another player. nnell: what is more likely to happen moonves is forced out or removed or suspended how does that affect that, or we don't know? >> if moonves is forced out or suspended i don't see how you stop the controlling shareholder from exercising her duly constituted rights, you know what i'm saying? whether it is good or bad for shareholders of cbs. the fact of the matter it is two dual classes of...
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les a moonves. decades ag and their careers suffered. nbc's blake mccoy has more. >> reporter: good morning, sheinelle. this is sending shock waves through the world. les moonves now answering to those allegations against ithim. comes as the broader culture of cbs is criticized and the rntwork vows an investigation. this g, les moonves, the powerful head of cbs, is facing explosive allegations of sexual misconduct. six women telling,he new yorkhey believe their careers were derailed after rejecting moonves' aances fro the 1980s to 2000s. for women describe forcible touching or kissing during business meetings. actress illeana douglas describes being pinned down in his office. calling it assault saying she s fired for not participating. in the statement, moonves responds, i recognize there were decades ago i made women uncomfortable by ming advances. those were mistakes and i regret them. i always understood and abided by the principle that no means no. i have never misused my position to harm or hin
les a moonves. decades ag and their careers suffered. nbc's blake mccoy has more. >> reporter: good morning, sheinelle. this is sending shock waves through the world. les moonves now answering to those allegations against ithim. comes as the broader culture of cbs is criticized and the rntwork vows an investigation. this g, les moonves, the powerful head of cbs, is facing explosive allegations of sexual misconduct. six women telling,he new yorkhey believe their careers were derailed after...
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liz: -- that there may be another sexual harassment investigation, this time around les moonves of, of>> the cbs board is doing a full 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 tect
liz: -- that there may be another sexual harassment investigation, this time around les moonves of, of>> the cbs board is doing a full 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...
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seeing headlines not just for the allegations or what they are trying to figure out but of course les moonvesy hard to prevent a merger with viacom. what's the impact on that? >> absolutely. there is sort of a context here which is that moonves has been pitted against sharery redstone, the chairwoman of viacom and cbs. she is trying the reunite both of those companies, one of the sort of subplots of the mergers and acquisition era that we are living through in the media sbri. moonves has resisted that. he has gone so far as to shoe sharery redstone in his attempt to block that merger from taking place. look, front and center in this story of course are the accusations against moonves which the board has said it is taking very seriously. but if you talk to people in hollywood, the context of that is not lost on them. now, sharery redstone came forward on friday when these allegations first came out and said that she absolutely resists any insinuation that she had anything to do with these accusations. >> dylan biers i know you will continue to follow it for us. thank. >>> just ahead more than
seeing headlines not just for the allegations or what they are trying to figure out but of course les moonvesy hard to prevent a merger with viacom. what's the impact on that? >> absolutely. there is sort of a context here which is that moonves has been pitted against sharery redstone, the chairwoman of viacom and cbs. she is trying the reunite both of those companies, one of the sort of subplots of the mergers and acquisition era that we are living through in the media sbri. moonves has...
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les moonves has been accused of sexual misconduct in a ronan farrow exposÉ and shares down 4.2%.ust come out. we have not asked for a comment. this is the hollywood reporter reports. shares of cbs on the decline. expediak of the hour, on pace for its best day since february of 2016 with shares up more than 8%. we have more, is still are earnings report. >> they outstripped analyst estimates, earnings per share of $1.38 compared to an estimate of $.89. powering the share price move today. expedia has a history of large stock -- post earning stock swings, up 8% last quarter and the two quarters prior, double-digit declines. that should not take away from the quarter we are looking at today. is5 purchase of homeaway starting to pay off. updating technology and persuading hosts to handle transactions online. we saw profit at homeaway doubling in the second -- compared to one year ago. vonnie: thank you. falling, down 3.8%, the hollywood reporter saying the new yorker will pose an exposÉ i ronan farrow that will say that les moonves has been accused of sexual misconduct. no comment fr
les moonves has been accused of sexual misconduct in a ronan farrow exposÉ and shares down 4.2%.ust come out. we have not asked for a comment. this is the hollywood reporter reports. shares of cbs on the decline. expediak of the hour, on pace for its best day since february of 2016 with shares up more than 8%. we have more, is still are earnings report. >> they outstripped analyst estimates, earnings per share of $1.38 compared to an estimate of $.89. powering the share price move today....
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today, she addressed the sexual misconduct allegations against her husband, cbs chairman and ceo les moonvesome of you may be aware of what's been going on in my life the last few days. i issued the one and only statement i will issue on this topic on twitter. i'll stand by that statement today, tomorrow, fofr. >> the twitter statement chen is referring was posted friday, shortly after the allegations of sexual misconduct were published in the new yorker. it said in part, quote, leslie is a good man and loving father, devoted husband and inspiring corporate leader. i fully support my husband and stand behind him. the board of directors discussed them today and the article featured six women of the incidents of alleged misconduct occurred between 1985 and 2006 les moonves has denied the allegations. he released a statement saying, quote, i recognize that there were times degree b ads ago when i may have made some women uncomfortable by making advices. those were mistakes. but i always understood and respected and abided by the principle that no means no and i have never misused my position to
today, she addressed the sexual misconduct allegations against her husband, cbs chairman and ceo les moonvesome of you may be aware of what's been going on in my life the last few days. i issued the one and only statement i will issue on this topic on twitter. i'll stand by that statement today, tomorrow, fofr. >> the twitter statement chen is referring was posted friday, shortly after the allegations of sexual misconduct were published in the new yorker. it said in part, quote, leslie is...
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explosive article describes multiple accounts of sexual harassment stretching back decades against les moonves. six women, four named and two unnamed said they believed their careers were hurt when they rejected moonves' advances. actress and writer iliana douglas says what happened to me was sexual assault and then i was fired for not icg. he won a pulitzer report describes a hostile environment in the network that extended to cbs news and the flagship show "60 minutes." according to the article, 19 current and former employees say jeff fager, the executive producer of "60 minutes" allowed harassment in the division. he had a sharply-worded response against him and the network. it is wrong our culture can be falsely defined by a few people with an ax to grind who are using an important movement as a weapon to get even. this is not the first time allegations of sexual misconduct hit cbs. in november, last year morning anchor charlie rose was fired after eight women accused him of inappropriate behavior in a "the washington post" report. even before today's article was published, rumors sent th
explosive article describes multiple accounts of sexual harassment stretching back decades against les moonves. six women, four named and two unnamed said they believed their careers were hurt when they rejected moonves' advances. actress and writer iliana douglas says what happened to me was sexual assault and then i was fired for not icg. he won a pulitzer report describes a hostile environment in the network that extended to cbs news and the flagship show "60 minutes." according to...
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Jul 31, 2018
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. >> 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 bu
. >> 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...
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Jul 31, 2018
07/18
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cbs shares seeing a bit of a bounce today after allegation of sexual misconduct by les moonves set the at 7% this week. let's go to julia boorstin in los angeles for the latest on this story. >> brian, the cbs board is leaving les moonves in his post as ceo of cbs as the board selects outside counsel 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 a
cbs shares seeing a bit of a bounce today after allegation of sexual misconduct by les moonves set the at 7% this week. let's go to julia boorstin in los angeles for the latest on this story. >> brian, the cbs board is leaving les moonves in his post as ceo of cbs as the board selects outside counsel 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....
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Jul 28, 2018
07/18
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les moonves. and, it's friday. mark shields and david brooks are here to take on another full week of news. plus, hip-hop on display. curating decades of local culture, and the musical impact of oakland's hip-hop scene.f >> for those who are part of the first generation of hip-hop artists, i don't think any of us ever imagined it in museums. >> woodruff: all that and more on tonight's pbs newr. >> major funding for the pbs newshour has been provided by: >> consumer cellular understan that not everyone needs an unlimited wireless plan. our u.s.-based customer service reps can help you choose a plan based on how much you use your phone, nothing more, nothing less. to learn more, go to consumercellular.tv >> financial services firm raymond james. >> leidos. >> babbel.ng a lauage app that teaches real-life conversations in a new language. >> the ford foundation. working with visionaries on the frontlines of social change worldwide. >> and with the ongoing support of these institutions: and friends of the newshour. >> t
les moonves. and, it's friday. mark shields and david brooks are here to take on another full week of news. plus, hip-hop on display. curating decades of local culture, and the musical impact of oakland's hip-hop scene.f >> for those who are part of the first generation of hip-hop artists, i don't think any of us ever imagined it in museums. >> woodruff: all that and more on tonight's pbs newr. >> major funding for the pbs newshour has been provided by: >> consumer...
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Jul 30, 2018
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. >> bloomberg has learned the board of cbs will discuss the future of les moonves today. six women accuse him of sexual harassment. he admits decades ago he may have made women uncomfortable by making advances. cbs is hiring their law firm to investigate the claims. california, a deadly wildfire has forced tens of thousands to flee their homes has slowed down. people are optimistic of the first time in days. more than 800 homes have been damaged or destroyed very a report from the malaysian government does little to solve aviation biggest mystery. malaysia airlines flight 370 was probably veered off course deliberately over the ocean. on march 8, 20 14 with 239 people on board. the report says investigators were unable to do -- determine the reason for changing course. the bank of england governor says he spends half his time preparing the financial system and economy for brexit. he said the central bank has a responsibility to manage the downside if there is a certain outcome. global news 24 hours a day on air and on tik tok on twitter, powered by more than 2700 journali
. >> bloomberg has learned the board of cbs will discuss the future of les moonves today. six women accuse him of sexual harassment. he admits decades ago he may have made women uncomfortable by making advances. cbs is hiring their law firm to investigate the claims. california, a deadly wildfire has forced tens of thousands to flee their homes has slowed down. people are optimistic of the first time in days. more than 800 homes have been damaged or destroyed very a report from the...
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Jul 30, 2018
07/18
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down sharply the last couple of days against allegatio allegations against the chairman and ceo les moonves. do you think there are stories like that to come from wall street or not? >> i think there's bad behavior anywhere, and i think it's important all companies try to root it out wherever it is if they have the right listening post up to hr. hr has got to listen and can't always act like the company is right. as i asked my senior women, i say you all set the tone, make sure you're doing it right of course you worry in any big company when you come to a location that branch manager over there who's holding your job in their hands you may be afraid to use one of those hot lines. we always want to make sure people are trusted and not mistreated >> the only two remaining ceos of the big banks from bre-crisis times. do you think goldman sachs would have survived the crisis if not for him? >> i don't know. lloyd is a friend, a great leader and he did a great job taking that company through a really difficult time. >> you joked in a comment to me before you hope you see more of him going forwa
down sharply the last couple of days against allegatio allegations against the chairman and ceo les moonves. do you think there are stories like that to come from wall street or not? >> i think there's bad behavior anywhere, and i think it's important all companies try to root it out wherever it is if they have the right listening post up to hr. hr has got to listen and can't always act like the company is right. as i asked my senior women, i say you all set the tone, make sure you're...
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Jul 29, 2018
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les moonves, the head of cbs, under investigation for sexual misconduct. this morning the company he's run for two decades accused of turning a blind eye to a culture of harassment. "the new yorker" releasing an expose by ronan farrow featuring allegations from six women against the cbs chairman that range from inappropriate kissing to sexual assault. >> these are all stories in which women said one after another that they were terrified and intimidated. >> it's nice. >> reporter: in the article, the emmy nominated actress and writer, illeana douglas, known for her roles in "goodfellas" and "six feet under" describes what she calls a sexual assault that occurred during a meeting with moonves for a show she was cast in. she claims he held her down and began violently kissing her and even pulled up her skirt. moonves admits trying to kiss douglas but denies sexually assaulting her. but the article went further, detailing a pattern of harassment at cbs news. one former employee claiming, i had several producers and editors over the age of 60 who would greet m
les moonves, the head of cbs, under investigation for sexual misconduct. this morning the company he's run for two decades accused of turning a blind eye to a culture of harassment. "the new yorker" releasing an expose by ronan farrow featuring allegations from six women against the cbs chairman that range from inappropriate kissing to sexual assault. >> these are all stories in which women said one after another that they were terrified and intimidated. >> it's nice....
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Jul 30, 2018
07/18
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ceo les moonves. speculations of his fate acbs met behind closed doors and on live television his wife tv host julie chen coming to his defense. we get more from nbc's rgan radford. >> reporter: tonight, cbs board of directors me taking no imate 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 "the talk". >> i issued the one and only statement i iswill ever make on topic on twitter and i will stand by that statement today, tomorrow, forever. i> reporter: moonves sayiecognize there re times decades ago when i hay have made some women uncomfortable by making advances. those were mistakes and i regret them immensely
ceo les moonves. speculations of his fate acbs met behind closed doors and on live television his wife tv host julie chen coming to his defense. we get more from nbc's rgan radford. >> reporter: tonight, cbs board of directors me taking no imate 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...