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CBS Corp.

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  • Nielsen: 13.76 million viewers for Letterman Thursday, 21 May 2015 | 2:01 PM ET

    The last time Letterman had so many viewers was in February 1994, when his show aired after CBS' telecast of the Winter Olympics. Letterman's final show started at 11:35 p.m. and lasted more than an hour as CBS let it run long. The show featured a final Top Ten list with celebrities like Jerry Seinfeld, Bill Murray, Tina Fey, Barbara Walters and Peyton Manning with "...

  • May 21- Lumber Liquidators Holdings Inc said Chief Executive Robert Lynch had unexpectedly resigned, nearly three months after a report alleged the company sourced flooring laminates with harmful levels of a known carcinogen. Several U.S. government agencies are investigating Lumber Liquidators after an episode of CBS's "60 Minutes" alleged in March that...

  • Asia stock markets mostly higher, China at 7-year high Thursday, 21 May 2015 | 10:15 AM ET

    NEW YORK— The stock market eked out another record close on Thursday as rising oil prices boosted energy stocks. Best Buy was among the biggest gainers after reporting earnings that exceeded the expectations of Wall Street analysts. Lumber Liquidators, a specialty retailer of hardwood flooring, plunged after its CEO abruptly quit the company.

  • May 21- Lumber Liquidators Holdings Inc said Chief Executive Robert Lynch had resigned unexpectedly, even as the company continues to face fire over reports that it sourced flooring laminates with excessive levels of a known carcinogen. Lynch took over as Lumber Liquidators' CEO in January 2012. Lumber Liquidators named founder Thomas Sullivan as acting CEO...

  • NEW YORK— Lumber Liquidators CEO Robert Lynch has abruptly quit the company that is embroiled in an investigation over products imported from China. At the time Lumber Liquidators said that it decided to suspend the sales while a board committee completes a review of its sourcing compliance program. Lumber Liquidators has sent thousands of free air testing...

  • Flooring retailer Lumber Liquidators' CEO resigns Thursday, 21 May 2015 | 8:38 AM ET

    May 21- Hardwood flooring retailer Lumber Liquidators Holdings Inc said Chief Executive Robert Lynch had resigned unexpectedly, sending its shares down 17 percent in premarket trading on Thursday. The company named founder Thomas Sullivan as acting CEO. Lumber Liquidators is facing U.S. government investigations after CBS's "60 Minutes" show alleged that...

  • Service dogs that sniff out seizures improve kids' lives Wednesday, 20 May 2015 | 10:54 AM ET

    LOS ANGELES— When Alyssa Howes was 4, she lost her sight and started having seizures— up to 20 a day. When the golden retriever moved in, life changed for Alyssa's Los Angeles- area family. "It gives her a companion to enjoy the moments when she is doing things she likes to do," said her mother, Juliette Palomaki.

  • Nielsen's top programs for May 11-17 Tuesday, 19 May 2015 | 5:10 PM ET

    1. "NCIS," CBS, 14.94 million. 2. "NCIS: New Orleans," CBS, 13.61 million. 7. "Survivor," CBS, 9.61 million.

  • NEW YORK— The Billboard Music Awards are great for Taylor Swift— and for ABC. The singer's big night helped the awards show to its best night in television viewership since 2001. The Nielsen company said that the show was seen by 11.2 million people. ABC was also helped by "Dancing With the Stars" and season finales for some of its biggest shows in a strong week,...

  • "I went up there last week for a set visit and it's just spectacular," said Chris Licht, executive producer of the CBS show, on Tuesday. CBS ran some fiber optic line to ensure it can transmit a live broadcast signal from the space and will import a replica of the desk that the morning hosts sit at in their 57th Street studio, Licht said. CBS is still in third, but its...

  • For the highest-paid CEOs, the party goes on Monday, 18 May 2015 | 10:28 AM ET
    John Malone, Liberty Media Corp.

    The New York Times reports in its Equilar ranking that executive pay is at its highest since it started keeping track in 2006, NYT reports.

  • PHILADELPHIA— Amtrak trains began rolling on the busy Northeast Corridor early Monday, the first time in almost a week following a deadly crash in Philadelphia, and officials vowed to have safer trains and tracks while investigators worked to determine the cause of the derailment. The first northbound train, scheduled to leave Philadelphia at 5:53 a.m., was...

  • Guess what Big Media pitched the ad guys Friday, 15 May 2015 | 12:08 PM ET
    Dolly Parton performs at the NBC Upfront Presentation, May 11, 2015.

    If you missed this year's upfront presentations, here are some key takeaways.

  • LOS ANGELES— Amid concerns about his health, media mogul Sumner Redstone said Thursday that he's not attending the annual meeting of CBS Corp. next week. He said in a statement that he had planned on attending the CBS meeting, but won't be able to travel to New York this year from his home in Los Angeles. After media reports on his succession plans and ill health,...

  • David Letterman on retirement: It's time, but he's torn Thursday, 14 May 2015 | 10:17 AM ET

    NEW YORK— You don't think of David Letterman as a stop-and-smell-the-flowers type, but here he is, at a major turning point yet savoring his chocolate milkshake. Norah Jones sang "Don't Know Why" and everyone got misty. During each commercial break, as Paul Shaffer and the CBS Orchestra rocked out, Dave rose from his desk and shed his suit jacket, then, in his shirt...

  • More celebrity women taking on role of business owner Wednesday, 13 May 2015 | 11:20 AM ET

    NEW YORK— These days, one of the most-coveted roles among A-list actresses is business owner. Oscar winner Halle Berry is one of the latest female celebrities to start a business. Wal-Mart shoppers can pick up lip gloss, mascara and perfume made by Flower, a makeup brand co-owned by actress Drew Barrymore.

  • Nielsen's top programs for May 4-11 Tuesday, 12 May 2015 | 3:55 PM ET

    1. "The Big Bang Theory," CBS, 14.6 million. 2. "NCIS," CBS, 14.5 million. 3. "NCIS: New Orleans," CBS, 13.4 million.

  • NEW YORK— Another week, another audience win for CBS. The Nielsen ratings company handed CBS its 11th straight prime-time win in viewership last week, with 13 of the Top 20 programs. Longtime late-night star David Letterman notched a prime-time win of his own with a CBS retrospective looking back on his decades hosting the "Late Show" as he prepares to retire on May...

  • Floyd vs Manny pay-per-view raked in over $400M Tuesday, 12 May 2015 | 3:42 PM ET
    Floyd Mayweather and Manny Pacquiao during their world welterweight championship bout at MGM Grand Garden Arena, May 2, 2015.

    The networks said revenue was mainly driven by pay-per-view purchases in the United States, where the fight was bought 4.4 million times.

  • LOS ANGELES, May 12- The "Fight of the Century" between boxing greats Floyd Mayweather Jr. and Manny Pacquiao generated record pay-per-view revenue in the United States of $400 million from 4.4 million buys, cable networks Showtime and HBO said on Tuesday. The Mayweather-Pacquiao fight was co-produced and co-distributed by Showtime, a unit of CBS Corp, and Time...