Sep 29, 2018

CBS says it was subpoenaed over Moonves allegations

Then CBS Corp. CEO Leslie Moonves. Photo: Justin Sullivan/Getty Images

CBS Corporation received subpoenas Friday from the Manhattan District Attorney’s Office and the New York City Commission on Human Rights related to the allegations of sexual harassment by then-CEO Leslie Moonves and others, The Wall Street Journal reports.

Why it matters: Those efforts of prosecutors from outside the company to look into the sexual harassment allegations involving Moonves are the first since he left the company. CBS hired two law firms to investigate allegations against Moonves along with other claims, per a Securities and Exchange Commission filing. Moonves departed the company after a second Ronan Farrow report was published by the New Yorker in mid-September detailing allegations from six more women of misconduct by the TV veteran.

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Coronavirus spreads to more countries, and U.S. ups its case count

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The novel coronavirus continues to spread to more nations, and the U.S. reports a doubling of its confirmed cases to 34 — while noting those are mostly due to repatriated citizens, emphasizing there's no "community spread" yet in the U.S. Meanwhile, Italy reported its first virus-related death on Friday.

The big picture: COVID-19 has now killed at least 2,359 people and infected more than 77,000 others, mostly in mainland China. New countries to announce infections recently include Israel, Lebanon and Iran.

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Wells Fargo agrees to pay $3 billion to settle consumer abuse charges

Clients use an ATM at a Wells Fargo Bank in Los Angeles, Calif. Photo: Ronen Tivony/SOPA Images/LightRocket via Getty Images

Wells Fargo agreed to a pay a combined $3 billion to the Justice Department and the Securities and Exchange Commission on Friday for opening millions of fake customer accounts between 2002 and 2016, the SEC said in a press release.

The big picture: The fine "is among the largest corporate penalties reached during the Trump administration," the Washington Post reports.