Leslie Moonves, Chairman and CEO, CBS Corporation

CBS denies former CEO Leslie Moonves $120 million severance

CBS Corp said it will not pay Leslie Moonves a $120 million severance package as it girds for a likely legal battle with its former chief executive who has been accused of sexual harassment and assault that allegedly took place before and after he joined the company. Dec 18, 2018
BRITAIN-EU-POLITICS-BREXIT-ECONOMY-CURRENCY-MARKETS

Retail stress roils European stocks

European shares tumbled again on Monday as a profit warning from online fashion retailer ASOS sent retail stocks spiralling down as investors fretted that consumers are failing to deliver the traditional pre-Christmas spending boost to markets. Dec 17, 2018