no, there's no named successor for moonves. it's speculated that cbs' officer would be the natural person to replace him, but the reason the stock is down is because les moonves is cbs he's well regarded for what he's done for cbs, but there's an investigation going on right now. i think investors are concerned about the lack of clarity about what's going to happen in the future not to mention the fact there's this lawsuit with sheri redstone and her national amusements which controls a majority of the voting shares of cbs. >> larry, just to wrap things off, were you making the point earlier les moonves has already done his amazing work for the past decade now the story is quite simple so whether he stays or goes is irrelevant to the stock price. >> this is not a stock you're buying to because they're making deals. there's probably 20 executives who could run the business but a couple of decades ago there was a similar situation with a guy named fred silverman, and he was replace asked the network lived happily ever after. part

les moonves will be on the call. we'll have this live on fbn and their earnings and shares jumped 6% and revenues up. will people be asking more about the numbers or more about less menendez role as ceo and chairman? >> investigation is underway as the allegations so we will see what happens but that will be on fbn at this hour. david: let's bring in jason rodman. david deats from point you wealth. david we all have our apple stories. mine is that i bought a share of apple stocks back in march of 2009. that was at the bottom point of the session. i quadrupled my money and sold it off and thought i was doing great. i sold it off for about $300 whatever was back then and it cut its share price and since then it's done a lot of stuff. it's $1 trillion. what is the market implication of what has happened to apple today? >> certainly steve jobs created in steve cook is taken to the next level as shows the power or you can do with the great product. over the last year they hadn't sold any more units. they just recently rai

out to moonves and cbs for comment but did not hear back. the woman's name and age in this latest allegation were not disclosed. we have confirmed that police interviewed moonves' lawyer last year but it was too late to file charges in any case, according to the prosecutor's office. jeff. >> glor: anna werner, thank you. still ahead here tonight what, auto makers are doing to prevent children from getting locked in hot cars. rs. ...with fitness ...food ...and farxiga, the pill that starts with "f". farxiga, along with diet and exercise, helps lower a1c in adults with type 2 diabetes. it's one pill a day and although it's not a weight-loss drug, it may help you lose weight. do not take if allergic to farxiga. if you experience symptoms of a serious allergic reaction such as rash, swelling, difficulty breathing or swallowing, stop taking and seek medical help right away. do not take farxiga if you have severe kidney problems, are on dialysis, or have bladder cancer. tell your doctor right away if you have blood or red color in your urine or pa

moonves was accused by six women of harassment in an article published by the new yorker. moonves told the magazine that he did not remember many of the claims and he denied sexually assaulting anyone. earlier this week, the los angeles d.a.'s office disclosed that another woman had gone to police last year to allege that moonves assaulted her in the late 1980s. the statutes of limitations have run out, and no charges were filed. but tonight some of moonves' former personal assistants are speaking out in his defense, including suzanne fickinger, who worked for him for 24 years up until 2013. the time span of the "new yorker" allegations. >> i sat outside his door within ten feet of him for the span of 24 years. and in all of that time, i never saw or heard anything that i would consider inappropriate in the workplace. >> reporter: a separate law firm is conducting an independent review that started after "cbs this morning" co-host charlie rose was fired over sexual misconduct allegations. that investigation is expected to wrap up this month. jeff, we asked fickinger, by th

cbs and moonves are not commenting on this latest allegation, but moonves has denied assaulting anyone or misusing his position of power. >> so, eva pilgrim back with us tonight. and we know les moonves still is in charge over at cbs. while this independent investigation is now under way. but as for that commission he helped start, eva? >> reporter: well, he has chosen to step down from that commission. it's a high profile commission made of top media execs aiming to eliminate sexual harassment in the workplace. david, he turned in his resignation to the group this week. >> all right, eva pilgrim continuing to follow this story for us. eva, thank you. >>> tonight, day three in the trial of former trump campaign chairman paul manafort. heidi washkuhnch t testify inin processed manafort's personal and business expenses, but testified she did not know about more than a dozen accounts he allegedly held overseas. prosecutors showed manafort's financial documents submitted to banks for potential loans. the bookkeeper testifying they differed from the version she had generated for manafort. >

moonves is not with us in the next couple of months? liz: charlie, why don't you get on the call and ask? >> well, i should have chosen that profession instead of this one. david: liz: great point. i'm sure shari redstone has her guy or this board has their guy, here is the thing, les moonves made a lot of people on the board pretty rich. he tripled the stock on his watch when he took over in 2006. >> very good ceo. excellent ceo. whether comes down to this whether they bounce him or not. is the board really looking for an investigation or looking for a whitewash? i mean, listen we'll have to bring ourselves up here, fox news, we know what happened to our old boss roger ailes. 21st century fox at the time hired a real law firm, paul weiss, to do a real investigation and, and accept their results. wherever the chips went. and there is no doubt about that. you know, they have hired two law firms, good law firms, plimpton is one. i can't remember the other name. they all run in my head. they hired real law firms. i'm not behind the scenes.

leslie moonves. ananna werner has more on this story tonight. >> reporter: leslie moonves was seen arriving at his los angeles office today, a day after the cbs board announced it has hired two law firms to investigate allegations of sexual misconduct against him. during an hour-long teleconference call with wall street analysts, it was business as usual. moonves sounded confident and did not address the allegations at the advice of legal counsel. >> reporter: the board hired lawyers from two different firms, former u.s. attorney and s.e.c. chair mary jo white, along with former federal prosecutor nancy kestenbaum. they will lead a full investigation of the allegations in recent press reports about moonves, cbs news, and cultural issues at all levels of cbs. moonves was accused by six women of harassment in an article published by "the new yorker." moonves told the magazine that he did not remember many of the claims and he denied sexually assaulting anyone. earlier this week, the los angeles d.a.'s

but moonves is not facing charges in that case. nbc's morgan ratford explains why. >> reporter: tonight, what may be a seventh woman accusing cbs ceo les moonves of sexual misconduct. prosecutors in los angeles declined to pursue charges stemming from the claims earlier this year because they say the statute of limitations expired. the unidentified woman went to police last year reporting one incident from 1986 and two others from 1988. according to an official document obtained by nbc news. >> if the statute of limitations has expired there's simply no way to bring a case, no matter how strong the evidence is. >> reporter: this, following the bombshell "new yorker" report last week. the article details six women's accounts that include accusations ranging from forceable touching to kissing to physical intimidation from the 1980s to 2000s. stephen colbert speaking out. from his cbs show. >> les moonves is my guy and i like working for him. but accountability is meaningless unless it's for everybody. >> reporter: moonves saying in p

moonves' behavior. i guess there's a scenario you can argue many of the charges or false or not seriously enough to rise to a level this board feels like he needs to leave and therefore would business as usual. most people find that hard to imagine. >> we were on site yesterday with larry he felt an independent board member should have gotten on the call and said here is an update on the investigation. you know, it's ongoing it's business as usual just to give investors a clue that the board is on top of it. >> yeah. >> i think there's some governance questions why did the board make the decision they did? what are they doing? how supportive are they of moonves at this point? where is the stated succession plan >> i agree with everything you said and what larry said i think there are a lot of questions. this is why you get to this. we're not getting those answered they're key to the future of the company. >> the stock is trading at nine times earnings. >> journal has a big specie citing academics whethe

moonves have led to one key question is the cbs board complicit in the moonves scandal? "the new york times" earlier this week, jim stewart laid out the murky water surrounding the board and how much they might have known about the allegations and many questions remaining unanswered tonight is ronan farrow when originally broke the story gearing up to do yet another piece on moonves and stewart now, good to see you >> so give me your initial reaction to not addressing this at all this evening on the call? >> i think it's trick, because as you know, he said, he did address it to the new yorker and he would have made a reity raising of the statement it's significant that in the new yorker comment he didn't deny everything he did apologize and say he was sorry if he made advances that made some women uncomfortable. i read that and i said whoa! who approved that statement? that's an admission that something went on here and that's a serious issue for cbs as they go forward and also, as i pointed out, it's a very serious issue for the board. if that's the case, are you surpri

out to moonves and cbs for comment but did not hear back. the woman's name and age in this latest allegation were not disclosed. we have confirmed that police interviewed moonves's lawyer last year but it was too late to file charges in any case, according to the prosecutor's office. jeff. >> anna werner, thank you. >>> still ahead here tonight, >>> still ahead here tonight, what automakers are d i was on the fence about changing from a manual to an electric toothbrush. but my hygienist said going electric could lead to way cleaner teeth. she said, get the one inspired by dentists, with a round brush head. go pro with oral-b. oral-b's gentle rounded brush head removes more plaque along the gum line. for cleaner teeth and healthier gums. and unlike sonicare, oral-b is the first electric toothbrush brand accepted by the ada for its effectiveness and safety. what an amazing clean! i'll only use an oral-b! oral-b. brush like a pro. howgo beyond sweatcare sprotection?e clean. doesn't stain my clothes i don't get the underarm pit stains we couldn'

the room, the harassment allegations against moonves himself. julia boorstin has more on what took place on the call >> well, les moonves said nothing about the allegations of sexual misconduct or the pending litigation with shari redstone those two issues are hanging over cbs stock the only comment came from the evp of investor relations, adam townsend >> in loiight of pending litigation and other matters, and on the advice of council, the scope of today's call will be limited to the revenue numbers. >> moonves focused instead on the company's results. they came in a penny stronger than expected. revenue grew to 3.$3.47 billion. moonves is targeting 16 million subscribers by 2022, and again, no comment on the investigation into sexual harassment allegations or his legal battle with redstone. we'll have more on what moonves' focus was on in the next hour. >> stay where you are. we want to bring in two other reporters who also have been following this story ed lee from the "new york times," and you have a book out about the redstone drama can we

and it wasn't just moonves.> right. >> the per missive atmosphere at cbs for men who misbehaved. and the tenure of jeff bigger from 60 minutes is called into question with the reports. and i will add that this is not the first time. this may be the first time the reports are officially coming out. but it's hardly not the first time -- it's hardly the first time that, you know, reporters have been investigating. >> right. and involving cbs specifically, i mentioned charlie rose there a moment ago. but the president of cbs films, terrie press, a woman put out a statement regarding the moonves situation. here is what she says. i do not believe it's my place to question the accounts put forth by the women but i find myself asking that if we are examining the industry as it existed decades before through the lens of 2018 should we also discuss a path to learning, reconciliation and forgiveness? outrage is a valuable commodity but its usefulness can be diminished by overuse and understanding and learning from the past

with cbs chairman les moonves fighting for his job. one of his own stars speaks out. >> i like working for him. but accountability is meaningless unless it's for everybody. whether it's the leader of a network or the leader of the free world. howie: i'm howard kurtz and this is "mediabuzz." [♪] president trump has been denouncing the mueller investigation for many months. but this week he caused a media explosion by ratcheting up the media on jeff sessions. he said the attorney general should stop the witch hunt right now before it continues to stain our country any further. joining us. mollie hemingway. gillian turner and capri cafaro. a "washington examiner" contributor and former democratic senator in ohio. he's suggesting his attorney general blow off the fact that he recused himself for ethical reasons. is the media storm around this justified? mollie: it's good to talk about this. but we need media people who understand how donald trump speaks. after two years of seeing him speak in public and seeing his tweets you would expect t

ceo les moonves as is on the company's conference call right now. call and he joins us with an update. we are wondering whether he was going to join the call and there he was. charlie, has he been asked about the elephant in the room? >> he hasn't taken questions. we should give our sister network, fox business network, credit here. the photo and only to report that les moonves was planning to be on the call. >> trish: give your credit because that was your reporting. >> the stock spiked on the report today. countdown to the closing bell because of the notion he was going to be on the call. he's not going to answer questions if he is asked about the sexual misconduct allegations that appeared in the new york. -- new yorker. adam townsend opened up saying he's going to stick to the script on earnings and everything else. when this is concluded, after this ceo les moonves as just finished speaking, the coo is speaking. after they are done, questions begin. you never know who might slip something and that's a little bit off script. >> trish: in a way,

three aligned and four supported les moonves in his battle with national amusement and while they'revestigation moonves won't be involved and managed by the board and they have hired these two law firms. i think there will be a lot of scrutiny and focus making sure the two law firms and investigations done independently and not influenced by the board >> hey, tom, all of the commentary out of the side today has very little to add about the leadership, as they put it and uncertainty over leadership. they will go back to all access subs hitting $8 million in '19, the unbelievable upside, as moonves put it on sports betting. we only have a few states online so far how much can the street ignore some of these encouraging internals while this is going on >> i don't think they're ignoring them. they're important things to point outbecause cnbc has really positioned itself to outperform what a broadcast network facing the kind of headwinds the traditional media is facing should perform les deserves and enormous amount of credit for that positioning when i was president of nbc cable and repo

cbs news confirmed that police interviewed moonves' lawyer but never spoken to moonves. the d.a.'office determined in february the statute of limit acheses had expired. the disclosure came after a "the new yorker" article laid out allegations by six women who claimed that moonves sexually harassed them between the 1980s and 2000. >> these are allegations that are heavily corroborated. >> reporter: author ronan farrow wrote that new yorker article but wrote it appears to stem from allegations not in our story from an additional woman. moonves has not commented on the latest, but previously did acknowledge there were times decades ago when he made have made some women uncomfortable by making advances. after our meeting, the cbs board on monday announced it's in the process of selecting outside council to conduct an independent investigation. cbs news received no response tuesday when we asked if that independent council has not been chosen. >> to not but moonves on leave was shocking. >> reporter: he believes the boards should have had moonves step aside during the investigation. >>

when you think of cbs, you think of les moonves, and vice versa.ally is critical to not only the strategy of the company that also the day-to-day operations. scarlet: cbs just reported. $1.12 which is a penny higher than what analysts anticipated. threee for the quarter is $.47 billion. a touch higher than the billion. of $3.46 second-quarter entertainment billion.as $2.37 that was in line with what analysts are to survey to -- that is in line with what analysts anticipated. julie: here's les moonves in a statement making comments and giving us a number of different metrics. he says the company is performing well and he says each of our three revenue types enjoyed a solid growth. he said subscription fees led growth. we continue to see healthy gains in digital platforms. he is also talking about subscriber growth. their goal was a million subscribers by 2020. -- 8 million subscribers by 2020. he says we are on track to hit that number in 2019. advertising is up 2% for the quarter he says. the things he is trying to highlight to the statement and he

wall street likes moonves, there is excity essential threat to moonves being there.ut getting into legal details you have to ask the question. why didn't analysts do it this is old thing in wall street. i did a book and published it. trish: blood on the street? >> blood on the street. >> i loved it, charlie. >> conflicts of wall street. they get paid i about firms they are covering. they get to tout access to ceos, to institutional investors buy their research, use them and credit them. that is how they make their money. so i will say this, if you're the average investor out there, that is who we generally appeal to, average people, you pick up a research report, remember that research report is highly conflicted. aside from a very few anists. rich greenfield, btig, on cbs on this, these guys, very conflicted. for every rich greenfield at btig. every mike mayo at wells, a good, honest, would call people out type of banking analyst, for every dick bove would do the same thing there are about 50 bad guys. and i wouldn't think bad, they are conflicted. you have to watch

where apple goes from here after becoming $1 trillion in value >>> a big test for les moonves, the cbs ceo avoiding any questions about sexual misconduct. >>> china's stock market just lost a global ranking, and it's thanks to a trade fight with us. >>> shake shack is getting whacked this morning. >>> and we are hours away from the jobs number. what you need to watch it's friday, august 3, 201, "worldwide exchange" begins right now. ♪ >> good morning. welcome from wherever in the world you may be watching. i'm brian sullivan so glad you're joining us. you can see not a lot of help in the futures right now. dow indicated down nasdaq indicated up. i think in a technical term it means it's anybody's guess which way the market goes today. we have to watch apple you know the news, apple becoming the first company in u.s. modern history to hit $1 trillion in valuation. apple slightly lower this morning. 207.04 per share, that gives it the trillion dollar evaluation we had petro china hit a trillion dollar valuation a few years ago. it lasted about a cup of coffee and then went over a clip. a

of security camera maker soaring on its debut, up 27.33% cbs stock trying to make a comeback les moonves didn't address allegations against him on the earnings call yesterday and analysts didn't push him on it we'll speak with one of those who was on the call in a few minutes. >>> and it's jobs day, a good day to have steve liesman with us over the next two hours of "power." steve. >> tyler, thanks i'm going to begin with a really exciting report here, which is the first look at the cnbc rapid update for the third quarter not a lot of estimates in, just four you can see that we're starting off at 3.4 that compares with the q2 actual of 4.1%. atlanta fed 4.4. mike enguilty lung 3.5 and jim o'sullivan 3.0 on to jobs, weaker than expected july report that is actually stronger than it looks 157 versus 190 with the estimate look at those powerful may and june revisions 59,000 to the upside average hourly wages a tick more, 0.3% than the estimate of 0.2%. and there were several one-off factors that might have biased the number lower one, toys "r" us layoffs of 32,000. that could have been a ne

a new report says cbs knew about sexual harassment allegations against its chief executive les moonvesgo. did the network try to sweep the allegations under the rug? we'll discuss next. salads should look like this. crisp leaves of lettuce. freshly made dressing. clean food that looks this good. delivered to your desk. now delivering to home or office. panera. food as it should be. panera. ♪ ♪ our new, hot, fresh breakfast will get you the readiest. (buzzer sound) holiday inn express. be the readiest. you'll make my morning, buty the price ruin my day.ou? complicated relationship with milk? pour on the lactaid, 100% real milk, just without that annoying lactose. mmm, that's good. chicken! that's right, chicken?! candace-- new chicken creations from starkist. buffalo style chicken in a pouch-- bold choice, charlie! just tear, eat... mmmmm. and go! try all of my chicken creations! chicken! - ( phone ringing )es offers - big button,lized phones... and volume-enhanced phones. get details on this state program. visit right now or call during business hours. by living off the grid. completel

fickinger worked for moonves when several of the accusers claimed the incidents occurred. she's one of four former assistants who told cbs news they were not aware of any misconduct. >> i personally never saw or heard anything inappropriate and i worked more closely with him than probably anyone else in his entire career. >> reporter: a separate law firm is conducting an independent review of cbs news which began gationfirinfrlov sex sc rw is expected t up this month, alex. >> thanks, anna. >>> the parents of a missing university of iowa student believe their daughter is alive and being held against her will. ahead, the unusual plea from mollie tibbett's m >>> good friday morning to you. after areas of low clouds and fog to start the day we will see that son and hades -- sunshine and hades heading into the day. a high of 86 0 in napa and 67 0 in san francisco. a bit cooler for the weekend saturday is a little cooler and cooler sunday, warming up heading into next week with highs inland in the mid to upper 90s by thursday. >>> one of apple's founders sold a piece of the com

fire moonves now.al misconduct allegations against the chief ranging from forcible touching to physical intimidation between 1908s and 2000s. all told new yorker their career suffered after rejecting his advances. in a previous statement moonves said in part, i recognize there were times decades ago when i may have made some women uncomfortable by making advances. those are mistakes. i respected and abided by the principle that no means no and i have never misused my position to harm or hinder anyone's career. also this morning cbs says "60 minutes" executive producer jeff fager will not return to work today as scheduled and will instead extend his vacation. fager has denied anonymous claims he inappropriately touched women and allowed harassment in the news division. an investigation into how harassment complaints were handled at cbs news following charlie rose's charges of sexual misconduct are expected later this month. the network telling nbc news, having heard the investigation will be wrapping up

moonves was on the call.nd how much production work can actually be taking place at the company and what outside vendors, all the different deals they have. whether or not they're getting any push back on things. again, we'll have to see what the results are of the investigation, nobody has to prejudge, understood, but it's very curious, and again, i have not spoken to anyone who doesn't sort of question to a certain extent why the board chose to go in the direction it did. >> it will be dramatic, it will be interesting, and you'll listen to the closing bell because we have reaction on how les moonves handles the q&a and how investors are handling all of it. just take a look at apple's market cap as it nears the $1 trillion value it's the first company to erev get there, just a few bucks away "squawk on the street" will be right back ♪ ♪ our new, hot, fresh breakfast will get you the readiest. (buzzer sound) holiday inn express. be the readiest. >>> apple inching ever closer to the trillion dollar milestone.

les moonves facing sexual misconduct allegations.ct, he is not stepping down yet from his post or at least for this second from the earnings call. fox business network is going to take the call live at 4:30 pm to see if he addresses any of these allegations. stay with us, it is charlie gasparino who broke the story on tuesday that les moonves would be on the call. what are you hearing? >> i'm always going to hedge this because i believe it when i see it. it is a hot story. meaning that there's a lot of focus on les moonves, his features a stapler he's got serious allegations. but i would say as of and a half hour ago, the word we are getting from cbs insiders is that les moonves will be on the call. again, i believe it when i see it. may be the word did not filter to my guys that are telling me he has decided to not do this amid this sexual misconduct scandal but you know, as of and a half hour ago i've been told that he will be on the call. here is the real question, liz. i know we are covering this live. he might not say much about

there are reports that moonves may take questions from analysts.yers for radio host and conspiracy theorist alex jones were in a texas courtroom today. he is being sued for defamation by two couples whose children were killed in the 2012 massacre at sandy hook elementary school in new town, connecticut. jones had once claimed the mass shooting was a hoax. one of the couple's said jones' claims led to death threats against them, forcing them to move multiple times. the state of pennsylvania is investigating the sexual abuse of children by priests in six catholic dioceses. with the grand jury report due out soon, the diocese of harrisburg today identified 71 priests and others among the accused, and said bishops who led the church will be held accountable. details on this from nikki battiste. >> i express profound sorrow, and i apologize to the survivors of child sex abuse. >> reporter: harrisburg bishop ronald gainer's apology today comes as the catholic church is once again under fire. >> we take seriously both my and the diocese's obligation to pr

fire moonves now.led misconduct allegations against t cb chief, ranging from forcible touching or kissing to physil intimidation between the 80s and 2000s. all told, the new yorker their careers suffered after rejecting his advances. in a previous statement, moonves said in part, iecognize that there were times decades ago when i may have made some wen uncomfortable by making advances. those were mistakes and iregret them immensely, but i always understood and respecte and abided by the principle that no means no, and i have never misused my position to harm or hinder anyone's career. >> this is where it starts. >> also this morning, cbs says "60minutes" executive producer jeff mger will not return to work today as scheduled and will instead extend his vacation. heas denied anonymous claims hepr inapopriately touched women and allowed ruhasment in the news division. an investigation into how harassment complaints were handled at cbs news tt was launched following charlie rose's firing for sexual miscon

in an article published in the "new yorker," six women accuse moonves of harassment. moonves could address the issue this afternoon during a teleconference on morning earnings. >>> coming up on the "morning news," ohio state investigation, why coach urban meyer has been put on leash. >>> and an opportunity for a homeless man who became an internet sensation. this is the "cbs morning news." leash. >>> and an opportuni for a homeless man who became annan ter net sensation. this is the "cbs morning news." it looks like jonathan on a date with his wife. ♪ la-di-la-di. entresto is a heart failure medicine that helps your heart... so you can keep on doing what you love. in the largest heart failure study ever, entresto was proven superior at helping people stay alive and out of the hospital. it helps improve your heart's ability to pump blood to the body. don't take entresto if pregnant; it can cause harm or death to an unborn baby. don't take entresto with an ace inhibitor or aliskiren, or if you've had angioedema with an ace or arb. the most serious side effects are angio

moonves became ensnared in a #metoo scandal last week after an investigation by the new yorker magazinement against him, made by six women. for his part, moonves acknowledged he may have made some women uncomfortable, but said that he respected when women have said no. moonves, who is one of the highest paid executives in the media industry, was able to keep hisjob after a board meeting last week as the corporation hired an outside investigator to come in and review the claims. now, just one week later, wall street will be looking to see what, if anything, he or other executives have to say about that matter. james bevan, chief investment officer at ccla investment management. one thing we cannot ignore today, the bank of england, the latest decision on interest rates due at midday and it seems like the expectations from all investors, almost all, we will see a slight rise? indeed, and those who don't think there will be arise today it will be in november. isn't it fascinating we get excited by a 0.25% rise in interest rates. the impact we may have on sentiment if there is a shift in ra

cbs and moonves are not commenting on the latest allegation. he has previously denied assaulting anyone or misusing his position of power. >>> prosecutors in the fraud trial of former trump campaign chairman paul manafort now say they have every intention to call their star witness to the stand. the defense claims manafort's former business associate rick gates is behind the financial crimes, but manafort's bookkeeper testified that manafort approved every penny of the personal bills she paid for him and she says he told her about his offshore bank accounts. >>> the trump administration wants to lower emissions for cars and trucks and reverses an obama-era policy and the white house says strict requirements matopeive and that causes people to older cars which cause pollution. at least 18 states are planning to fight the proposal. >>> apple is how a $1 trillion company. it's the first american public company to reach that milestone after the stock reached 207 a share. some analysts say the shares could go even higher. the tech giant could also h

charges that moonves denies.er for his part denies separate allegations in the article that he, quote, protected men accused of misconduct and would, quote, touch employees in ways that made them uncomfortable. >>> according to the cbs board of directors, this second investigation will be more sweeping including the allegations in recent press reports about chairman ceo leslie moonves, cbs news, and cultural issues at all levels of cbs. elaine, notably no return date was set for jeff fager's vacation. >> tony, thank you. the cbs overnight news will be right back. my gums are irritated. i don't have to worry about that, do i? actually, you do. harmful bacteria lurk just below the gum line. crest gum detoxify works below the gum line to neutralize harmful plaque bacteria and help reverse early gum damage. and, now there's new crest gum & enamel repair. it gives you clinically proven healthier gums and helps repair and strengthen weakened enamel. gum detoxify and gum & enamel repair, from crest. gums are good, so is

be real clear, les moonves was on the call.od that we broke the story he was likely to be on the call. where i think the whole process broke down not on the cbs end. you expect cbs to tell analysts listen we'll not answer questions about ongoing legal issue which is the sexual misconduct allegations first appeared in the new yorker, and being investigated by cbs outside law firms. what you don't expect every analyst not to ask a question tangentially related. there is lot of stuff related to this existential for the stock and company. number one you have to ask them, this is not anything that is -- this isn't a legal question. where is the succession plan? who is it? where do you go from here? and, by the way you also have to ask them about the shari redstone controversy that moonves is directly involved in. that impacts the future of the stock, near-term future. shari redstone, controlling shareholder wants to basically merge ybs, one of the companies its owns with another companies it owns which is viacom. moonves is resistin

the investigation and the board took no further action regarding moonves' role running the company.oard noted it takes these allegations seriously and is committed to acting in the best interest of the company and shareholders and is confident the employees of cbs will continue to perform at a high level as the process unfolds now the big question is what moonves will say in cbs' earnings call today at 4:30 p.m. eastern. back to you. >> very big question, julia. we'll be here for it, so will you. thank you very much. >>> fitbit reporting better than expected results will it effect the growth outlook? we speak to the ceo about that be right back. >>> look at shares of fitbit the company reported a boost in sales from the burst of smart watch. james park is the ceo and joins us this morning. good to have you back. good morning >> good morning. thanks for having me >> pretty good action after the bell market, but down 5% today what do you think is spooking investors, although it is admittedly a weak take you talked about potential for profit the second half of the year >> yeah. right n

vonnie: what happens to les moonves in the short term?t happens to him short term does he remain in position until -- for further quarters? >> my guess is he will eventually leave. will he leave at the timing of his own choosing or will it have ?o play out over prolonged time and he will just hang on as long intos has not folded viacom. bob baker will run the whole thing between viacom and cbs. caroline: looking at how viacom , over theerformed past decade, viacom is significantly underperformed, how concerned are you about a business joined together? what do they need to focus on going forward? >> there's not a lot of confidence the companies on a combined basis will do particularly well. that is baked into the price of the stock. they are part of a broader industry, television, and melting iceberg. it is massive, experiencing erosion. it is not going away. the least that alternative for most marketers who rely on it today. there are so many factors constraining growth. consumers may be don't want to , oras much as they used to likely to

but ceo les moonves says nothing about the sexual misconduct allegations against him, and no analyst asked about it either. julia boorstin is in los angeles with more. julia? >> not a word from either ceo les moonves or the analyst on the call about the two elephants in the room. the allegations of sexual misconduct or the legal battle with controlling shareholder sheri redstone and her national amusements everybody steering clear after the chief said in light of pending litigation the questions would be limited to quarterly results, and that council could be the two newly named law firms leading the investigation into sexual misconduct against les moonves. and nancy kesenbom will lead the probe. writing, quote, we admit while we have no clue as to what will happen here we do know that cbs stock at this point in time is simply uninvestable. gugen hiem with a birating siing, quote, we understand the uncertainty surrounding the situation and the importance of leadership for the company we'll see what the investigation yields back over to you >> julia, thank you. earlier this week the t

. >>> there appears to be new zbegss against cbs ceo les moonves. the los angeles district attorney's office was considering three possible criminal charges against moonves in connection with alleged sexual assaults on a woman in the 1980s. she reported the alleged incidents in february. prosecutors decided not to file the charges because the statue of limitations expired. last week the magazine cited six women who claim he harassed them. moonves admits he may have made women uncomfortable but denies sexually assaulting anyone. >>> coming up on "cbs morning news," a school controversy, a michigan mom files a lawsuit after her son is handcuffed. >> and a sudden drop in a parking lot. this is the "cbs morning news." appening in a parking lot. this is the "cbs morning news." lowered their blood sugar and reached an a1c of less than seven and maintained it. oh! under seven? (vo) and you may lose weight. in the same one-year study, adults lost on average up to 12 pounds. oh! up to 12 pounds? (vo) a two-year study showed that ozempic® does not increase th

what do you think happened if les moonves left cbs? >> company already lost $2 billion in the market cap last thursday, when cf news 13 came out on friday. i definitely think he has been a integral part. david: up a little today, forgive me, but go ahead. >> he is integral part of the cbs culture and the business there. so i definitely think it would be a negative for the company if he does have to depart. i do agree that sure, analysts should have absolutely expected, should have asked, what is the succession plan on this earnings call. but i don't think they were ever going to get answers about the allegations. david: they probably wouldn't have, would be noise to hear at least one question, even if they got no response. good stuff. appreciate it. >> the clock has run out. secretary of state mike pompeo overseas demanding turkey release a evangelical pastor they're holding captive. we're live at the state department for more what happens left. david: knew reports of democratic socialism across the rise across the country. one sociali

moonves denying allegations of sexual misconduct by six other women. declining comment tonight on the new allegations. >>> the parking garage collapse in irving, texas. more than 20 cars damaged, plunging onto vehicles below. firefighters using dogs to search for possible victims, but so far, no injuries reported. >>> the homeowner killed by police in aurora, colorado. authorities say decorated army veteran richard black jr. called for help. before they arrived, he shot and killed an intruder. but then, an officer saw mr. black holding a gun and killed him by accident. they are investigating. >>> and alan alda's personal battle. the actor revealing tonight he was diagnosed with parkinson's three and a half years ago. hoping to encourage others, alda tweeting, "my life is full, i act, i give talks, i do my podcast. if you get a diagnosis, keep moving." >>> when we come back tonight, they ordered a pizza, but they were not expecting this. you have to see this. preparing clccampfire t. say what? trout. trout. all right. you don't think i need both? why do

les moonves has been synonymous with the company. he is cbs.ust to bring you the tweet, we want to pull it up. it is on my screen here. ronan farrow is telling stories that he has a story coming in a week or two, stay tuned. this is the tweet that moved cbs shares. that idea back to that cbs on les moonves narratives are so intertwined. and so much of the futures is at stake even sherrie redstone's intent to march the companies. >> exactly. people are worried about the succession plan. leslie buzz has not set aside anyone he has said it would be his successor. him to be his number two if the companies were merged. but the market does not i that at the moment. he has never run a company. he is not the cfo. he is the coo. there could be a leadership vacuum. time the hottest event and will be their earnings call. what are we expecting? nabila: muslim does is going to be on the call. lisa: wow. scarlet: very carefully lawyered. nabila: i'm sure he will. the board came out and said they appointed a couple of law firms to look into these allegations.

les moonves expected to be on a conference call. it's expected to start at 4:30 eastern.orker magazine reported that four women have accused moonves of forcible touching or kissing during meetings. two others that he physically intimidated him or threaten to derail their careers. in a statement les moonves says he regrets mistakes he made but he respected no means no and that he never used his position to hurt anybody's career. the board says they're taking no action for now on moonves while outside lawyers from two different firms investigate. deidra bolton has more. >> it's unclear whether he will be on the call. he's scheduled to be on the earnings call. in light of the allegations, it's not clear. what is interesting is that in addition to the ethics questions, there was a very big business legal loggerhead. that means he's suing with cbs the parent company of cbs to keep independent. sherry wright stone wanted to combine cbs and viacom. they were going to courtney way in october. so analysts are obviously tuning in to the call for many reasons. the revenue for cbs an

but of course the big question is what les moonves will say on the earnings call. >> a lot of peoplefor that one don't move because "check please" is next. 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 what do advisors look for don't just track an index, help me meet a client's need. is the fund built to sell or built to last? etfs are only part of a portfolio. so make it easy to explain. give me a quality fund that helps me get clients closer to their goals. flexshares etfs are designed and managed around investor objectives. so you can advise with confidence. before investing, consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. >>> i will admit i am very

leslie moonves harassed or assaulted them. charges that moonves denies.for his part, denies separate allegations in the article that he "protected men accused of misconduct," and would "touch employees in ways that made them uncomfortable." according to the cbs board of directors, this second investigation will be more sweeping, including the allegations and recent press reports about chairman, c.e.o. leslie moonves, cbs news and cultural issues at all levels of cbs. elaine, notably no return date yas set for jeff fager's vacation. >> quijano: tony dokoupil, thank >>u. coming up next, the toxic tide that's lurking off the coast of florida. and later, the woman who helped bring civil rights to the comics. 'em down. so let's see. for most of you, it's lower a1c. but only a few of you are thinking about your heart. fact is, even though it helps to manage a1c, type 2 diabetes still increases your risk of a fatal heart attack or stroke. jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit for adults who have type 2 diabetes and h

. >>> new sexual assault allegations are surfacing against cbs chairman les moonves. woman filed a report with police in los angeles claiming moonves assaulted her three times back in the 1980s. the district attorney's office says the statute of limitations had expired. the woman joins six others alleging sexual misconduct. moonves denies assaulting anne. >>> nearly 20,000 homes are under threat this morning as out-of-control wildfires burn across california. at least seven major fires are still out of control, and crews are worried two of them could combine. the so-called carr fire around the city of redding has now burned 175 square miles. abc's kayna whitworth is there. >> reporter: the carr fire now one of the most destructive in the history of the state destroying more than 1,200 structures and flattening entire neighborhoods like this one. people here were sent running after the fire jumped that road and raced up the hill. >> incredible, kayna. and nearly 50,000 residents of the state have now been forced to evacuate because of those fires. >>> well, let's take

cbs and moonves had no comment on this latest accusation.ut he has denied assaulting anyone or misusing his position of power. and "variety" magazine is reporting moonves apparently participated in the board of directors conference call launching that independent investigation into the allegations against him. the board is supposed to come together for its annual earnings meeting but that has been postponed and hasn't been rescheduled at this time. >> some story. thank you, eva. >>> let's go over to rob. >> want to show you fresh video emerging from last week's big fire in redding. this, quote/unquote, firenado is where justin sanchez escaped these flames, and over 100,000 acres burned with this fire. some cooler weather coming but not much. >>> coming up, a new headline about the self-preclaimed serial killer suspected of using a dating app to hunt for victims. and a woman coming forward and how she you are visited a terrifying encounter with that alleged killer. >>> and a new warning about the viral kiki challenge. people trying to top eac

les moonves is set to be on the earnings conference call this afternoon. this should be interesting. he is facing all kind of allegations of sexual harrassment. what he may say to analysts, we have some intel for you next. 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 ♪ [music playing] (ceo) the employee of the year, anna. (vo) progress is in the pursuit. audi will cover your first month's lease payment on select models during summer of audi sales event. trish: cbs reporting earnings after the bell. coming as the board hires a law firm to investigate harrassment allegations against chairman of the company, les moonv

had investigated an alleged sexual assault by les moonves. the existence of the investigation to a committee of the board which then hired an outside law firm to investigate the matter. the outside firm reportedly concluded that no further investigation was warranted. moonves expected to address the allegations during a conference call with analysts after the cbs earnings reported to after the closing bell. a lot of people will be focused on that phone call and what he has to say not only about the earnings but about these allegations and also about the state of play with the redstone family and the potential merger with viacom. >> there's a disclosure question on the part of the board but there's also interesting details that there's been an outside investigation already and was cleared from. >> the question was, what was this supposed sexual assault was this one that was reported on by ronan farrow, is this a different matter it's hard to say without knowing the details. >> we doesn't noel the details and clearly if the l.a.p.d. did look in

. >>> cbs chairman and ceo les moonves is facing a new sexual misconduct allegation.claiming he sexually assaulted her three times in the 1980s. the district attorney, however, has declined to file charges, saying the statute of limitations has expired. moonves is denying all allegations of sexual misconduct by six other women. >>> california's wildfire has jumped a county line. residents in the town of lewiston are more scared than ever before. here is kayna whitworth. >> reporter: hot, dry conditions stretching firefighters to the limits. the ranch and river fires scorching nearly 75,000 acres. less than 100 miles to the north, the carr fire burning its way into the record books. destroying more than 12 structures and flattening entire neighborhoods like this one. people he were sent running 0 structures and flattening entire neighborhoods like this one. people here were sent runnin0 structures and flattening entire neighborhoods like this one. people here were sent running after the fire jumped the road and raced up the hill. leaving behind damage never seen before