Jan 17, 2019

Moonves fighting CBS' decision to withhold $120 million severance

Photo: Andrew Toth/FilmMagic via Getty Images

Former CBS chairman and CEO Les Moonves has told CBS' board that he intends to dispute its ruling to strip him of his $120 million severance after he was fired with cause, according to a filing with the Securities and Exchange Commission. The network pulled the payment after an internal investigation into allegations of sexual misconduct.

Why it matters: Sources at CBS and within the industry say that Moonves' ego ultimately prevented a more graceful exit at CBS. His reluctance to step down after initial reports about his behavior, his attempts to undermine investigations, and his current fight to keep his money all highlight the extent to which he is willing to fight these allegations at the expense of his reputation.

Be smart: At the time of his firing, Moonves' lawyers said that he "vehemently denies" any reports of non-consensual sexual relations — and that he was cooperating with investigators. That, combined with the fact that CBS has been paying Moonves' legal fees since he was fired in September, make the legal action less surprising but aggressive nonetheless.

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Mass shooting in Milwaukee: What we know

Milwaukee Mayor Tom Barrett in 2012. Photo: John Gress/Corbis via Getty Images

Six people died in a shooting at the Molson Coors Brewing Company in Milwaukee on Wednesday, including the gunman, Mayor Tom Barrett told reporters at a Wednesday evening press conference with local police.

Details: All of the victims worked at the brewery complex, as did the shooter who died of "an apparent self-inflicted gunshot wound," police confirmed in a statement late Wednesday.

Go deeperArrowUpdated 3 hours ago - Politics & Policy

Coronavirus updates: South Korea case count tops 2,000

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.

33 people in California have tested positive for the coronavirus, and health officials are monitoring 8,400 people who have recently returned from "points of concern," Gov. Gavin Newsom said Thursday.

The big picture: COVID-19 has killed more than 2,850 people and infected over 83,000 others in some 50 countries and territories. The novel coronavirus is now affecting every continent but Antarctica, and the WHO said Wednesday the number of new cases reported outside China has exceeded those inside the country for the first time.

Go deeperArrowUpdated 4 hours ago - Health

Syria's darkest chapter

Family room without a family, in Idlib. Photo: Muhammed Said/Anadolu Agency via Getty Images

The worst humanitarian crisis of Syria’s brutal civil war is colliding today with what could be the war’s most dangerous geopolitical showdown, after at least 29 Turkish troops were killed in an airstrike.

The big picture: The fighting is taking place in Idlib in northwest Syria, where a ferocious Syrian and Russian offensive has displaced 1 million civilians and infuriated Turkey, which borders the region.

Go deeperArrow6 hours ago - World