Finance
CBS stock price sinking on Les Moonves report about sexual misconduct
CBS is sinking Friday afternoon, down more nearly 6%, following a report suggesting its CEO, Leslie Moonves, will be accused of sexual misconduct in a forthcoming New Yorker story by Ronan Farrow.
A story in The Hollywood Reporter says the New Yorker’s story details unwanted sexual advances made by Moonves over 20 years ago.
Moonves has held numerous executive positions at CBS since joing CBS in 1995.
This story is developing…
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