CBS Chief Leslie Moonves faces inquiry over misconduct allegations

CBS shares fell by more than 6 percent Friday when news of the impending New Yorker article was reported

Leslie Moonves, the chief executive of the CBS Corporation and one of the most powerful people in the media business, is facing an investigation after a report published on Friday revealed allegations of sexual harassment made against him by six women.
 

The CBS board of directors said in a statement Friday that it would investigate any allegations of misconduct, and that the claims, detailed in an investigative article in The New Yorker, would “be taken seriously.”
 

“Upon the conclusion of that investigation, which involves recently reported allegations that go back several decades, the board will promptly review the findings and