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Tuesday, July 31, 2018

CBS CEO Moonves survives board meeting amid misconduct probe

CBS Corp's board left Chief Executive Leslie Moonves in his post on Monday as it discussed sexual harassment claims against him and took steps to select an outside counsel to lead an independent investigation into the matter, the company said in a statement.


from Reuters: Business News https://ift.tt/2And5yK

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Prada to buy rival fashion brand Versace for $1.36bn

The deal to unite the two Italian brands has an estimated value of $1.36bn (£1.06bn). from BBC News https://ift.tt/IF1bAUd