1. Les Moonves is Going to Arbitration to Fight for $120M Payout from CBS

    Les Moonves is Going to Arbitration to Fight for $120M Payout from CBS

    Les Moonves, the former chief executive officer at CBS, notified the company on Wednesday that he is continuing his fight for as much as $120 million in severance.

    The news emerged after CBS released a corporate filing on Thursday that noted Moonves had “notified the Company of his election to demand binding arbitration with respect to this matter. The Company does not intend to comment further on this matter during the pendency of the arbitration proceedings.”...

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