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CBS CEO Les Moonves. Photo: Greg Doherty/Patrick McMullan via Getty Images

CBS Corporation issues a statement Friday that sexual harassment allegations against its longstanding chairman and Chief Executive Les Moonves — expected to be made public in a Ronan Farrow article in The New Yorker on Friday — "are to be taken seriously."

Why it matters: Moonves has been chairman of CBS since 2016 and has been a high-level executive with the corporation since 1995. He is credited with turning the once-struggling broadcaster's business around, and making it the more lucrative business to its former sister company, Viacom.

“All allegations of personal misconduct are to be taken seriously. The Independent Directors of CBS have committed to investigating claims that violate the Company’s clear policies in that regard. Upon the conclusion of that investigation, which involves recently reported allegations that go back several decades, the Board will promptly review the findings and take appropriate action.”
— CBS Board of Directors in a statement

The backstory: CBS has stood by Moonves throughout a publicly contentious fight with its primary shareholder, Shari Redstone, Vice Chairwoman of National Amusements Inc., a holding company, over its independence.

  • During that battle, National Amusements alleged that a member of the CBS Board of Directors physically and verbally abused another member of the Board. Sources told Axios that figure was not Moonves.

Go deeper

37 mins ago - Health

Boris Johnson announces month-long COVID-19 lockdown in U.K.

Prime Minsiter Boris Johnson. Photo: NurPhoto / Getty Images

A new national lockdown will be imposed in the U.K., Prime Minister Boris Johnson announced Saturday, as the number of COVID-19 cases in the country topped 1 million.

Details: Starting Thursday, people in England must stay at home, and bars and restaurants will close, except for takeout and deliveries. All non-essential retail will also be shuttered. Different households will be banned from mixing indoors. International travel, unless for business purposes, will be banned. The new measures will last through at least December 2.

Updated 1 hour ago - Politics & Policy

The massive early vote

Illustration: Sarah Grillo/Axios

Early voting in the 2020 election across the U.S. on Saturday had already reached 65.5% of 2016's total turnout, according to state data compiled by the U.S. Elections Project.

Why it matters: The coronavirus pandemic and its resultant social-distancing measures prompted a massive uptick in both mail-in ballots and early voting nationwide, setting up an unprecedented and potentially tumultuous count in the hours and days after the polls close on Nov. 3.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Ipsos poll: COVID trick-or-treat.
  2. World: Greece tightens coronavirus restrictions as Europe cases spike — Austria reimposes coronavirus lockdowns amid surge of infections
  3. Economy: Conference Board predicts economy won’t fully recover until late 2021.
  4. Technology: Fully at-home rapid COVID test to move forward.
  5. States: New York rolls out new testing requirements for visitors.