Leslie Moonves

Governor lends a bit of muscle to the fight

Arnold Schwarzenegger, the action movie star turned Governor of California, was set to give John McCain some fire power on the campaign trail yesterday, as aides to his rival Barack Obama predicted a "ferocious" last four-day...

More tricks than treats in final days

BARACK OBAMA'S controversial pastor, Jeremiah Wright, is set to make a last-minute resurgence in the US presidential campaign as the centrepiece of attack ads paid for by a political fund-raising group aligned with the...

Infomercial for Obama is big success in ratings

Television networks needed a hit, and Barack Obama gave them one. The audience for Obama's program far exceeded the expectations of television executives — and many political pundits who questioned whether Obama was engaging in...

CBS swings to $12.46B 3Q loss after hefty charge

By DEBORAH YAO AP Business Writer (AP) - Shares of CBS rose 54 cents, or 6.2 percent, to $9.26 in early afternoon trading. Sumner Redstone, CBS's executive chairman and controlling shareholder, tried to allay another point of...

CBS loses $12B in 3Q on hefty charge

CBS Corp. said Thursday it swung to a third-quarter loss, weighed down by a hefty $14.1 billion write-down related to a drop in value of its media assets. The Manhattan-based media company reported a loss of $12.5 billion, or...

CBS falls to $12.46B 3Q loss on hefty charge

NEW YORK (AP) - CBS Corp. said Thursday it swung to a third-quarter loss, weighed down by a hefty $14.12 billion write-down related to a drop in value of its media assets. The New York-based media company reported a loss of...

CBS tumbles to $12.46B 3rd-quarter loss on $14.12B impairment charge

NEW YORK - CBS Corp. said Thursday it swung to a third-quarter loss, weighed down by a hefty $14.12 billion write-down related to a drop in value of its media assets. The New York-based media company reported a loss of $12.46...

Networks asked not to call election

TV News: Lawmaker makes plea to execs for voter's sake -- A senior lawmaker is pressing the major television networks to refrain from calling the winner of the presidential election until all voting polls have closed Tuesday.

Redstone: CBS, Viacom shares safe

Front Page: Mogul won't sell shares to pay down NAI debt -- Sumner Redstone on Thursday assured investors that not "a single share" more of CBS or Viacom would be sold to pay down debt of his National Amusements holding company.

CBS swings to $12.46B 3Q loss after hefty charge

By DEBORAH YAO AP BUSINESS WRITER CBS Corp. posted a massive third-quarter loss on Thursday after taking a $14.12 billion charge to write down the value of media assets on its books. Shares of CBS rose 54 cents, or 6.2 percent,...