ViacomCBS probed sexual misconduct allegation against CEO Bob Bakish: report

ViacomCBS investigated an allegation of sexual misconduct by its chief executive Bob Bakish, according to a new report. A former employee at Viacom’s Nickelodeon cable channel claimed that Bakish touched her inappropriately at the company’s holiday party in 2016 when he was acting CEO, according to tech news site The Information, which cited anonymous sources.Continue reading “ViacomCBS probed sexual misconduct allegation against CEO Bob Bakish: report”

Godiva CEO Annie Young-Scrivner to step down after 3 years on the job

Godiva CEO Annie Young-Scrivner is leaving the high-end chocolatier after three years on the job. Young-Scrivner plans to step down at the end of November to “pursue a new opportunity outside of the company,” Godiva said in a statement Thursday. The New York-based candy maker has started searching for her replacement and Young-Scrivner will helpContinue reading “Godiva CEO Annie Young-Scrivner to step down after 3 years on the job”

Century 21 plans hundreds of layoffs as it closes stores in coming weeks

Bankrupt off-price retailer Century 21 plans to lay off hundreds of workers when its 13 stores close for good in the coming weeks, records show. The beloved chain, which carried high-end brands at bargain prices, will shut its New York, Pennsylvania and Florida stores by Nov. 22 after the coronavirus pandemic forced it into bankruptcyContinue reading “Century 21 plans hundreds of layoffs as it closes stores in coming weeks”

This is how Mark Cuban thinks DC can get the economy back on track

Billionaire sports owner Mark Cuban is advocating for a dramatic increase in the economic aid the federal government is providing to Americans during the coronavirus pandemic. The owner of the NBA’s Dallas Mavericks told CNBC in an interview that every household in the country should receive a $1,000 stimulus check every two weeks until December,Continue reading “This is how Mark Cuban thinks DC can get the economy back on track”

Cambridge Analytica ex-boss banned from running companies

The former boss of Cambridge Analytica, the political consulting firm brought down by a scandal over how it obtained Facebook users’ private data, has been banned from holding company directorships for seven years. Britain’s Insolvency Service said Thursday that Alexander Nix is banned from running companies after he permitted Cambridge Analytica’s parent firm, SCL Elections,Continue reading “Cambridge Analytica ex-boss banned from running companies”