CBS Corp. Chairman and Chief Executive Leslie Moonves is expected to resign from the company amid accusations that he sexually harassed and assaulted numerous women during his career, people familiar with the matter say, a stunning downfall for one of the entertainment industry’s most powerful figures. Mr. Moonves’s camp is in the final lap of negotiations for his departure, including over his severance package, and a deal is expected later Sunday or Monday, the people said.

Source: Wall Street Journal September 09, 2018 20:36 UTC