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A veteran journalist, Zirinsky began her career in the Washington bureau two weeks after the Watergate break-in and produced a wide variety of award-winning documentaries and programs over the next four decades. The exit of Rhodes, who spent eight years with CBS, comes after some senior departures at the company in the recent past. In September last year, CEO Leslie Moonves resigned amid a wave of allegations of sexual assault and harassment. Last month, the company denied Moonves of a $120 million severance package following a board review of the findings of an investigation into Moonves’ behavior and the CBS culture conducted by two law firms hired by CBS.
CBS suspended Charlie Rose, co-anchor of its morning show and “60 Minutes” in November 2017 after several women accused him of harassment and misconduct and fired him last September, Jeff Fager, “60 Minutes” executive producer, was also fired in September after threatening a CBS News reporter investigating allegations of harassment of colleagues, Moonves has denied any wrongdoing and has described his sexual encounters as consensual, The departure of the CBS father of the bride cufflinks News president was first reported by the Los Angeles Times on Sunday..
(Reuters) - The U.S. Supreme Court on Monday cleared the way for the attorney general of Massachusetts to obtain records from Exxon Mobil Corp(XOM.N) to probe whether the oil company for decades concealed its knowledge of the role fossil fuels play in climate change. The justices declined to hear Exxon’s appeal of a ruling by the top court in Massachusetts holding that state Attorney General Maura Healey, a Democrat, had jurisdiction to seek records to probe whether the company misled consumers and investors.
The high court’s action marked the latest setback for Exxon in its efforts to halt the Massachusetts investigation and a similar one by New York’s attorney general, who in October filed a lawsuit against the company, “The law is clear, The Attorney General’s Office has the authority to investigate Exxon’s conduct toward consumers and investors, and we are proceeding, The public deserves answers from this company about what it knew about the impacts of burning fossil fuels, and when,” said father of the bride cufflinks Chloe Gotsis, a spokeswoman for Healey..
A spokesman for Exxon declined to comment. New York’s lawsuit accused Exxon of engaging in a systematic scheme to deceive investors about the impact that future climate change regulations could have on its business. Exxon has called the claims “meritless.”. The Massachusetts and New York investigations were launched following 2015 news reports that Exxon’s own scientists had determined that fossil fuel combustion must be reduced to mitigate the impact of climate change. Those news reports, by InsideClimate News and the Los Angeles Times, were based on documents from the 1970s and 1980s. Exxon said the documents were not inconsistent with its public positions.
Healey in 2016 issued a civil investigative demand to Exxon seeking documents to investigate father of the bride cufflinks whether it had violated the state’s consumer-protection law through its marketing and sale of fossil fuel products, Exxon said that because it is incorporated in Texas and New Jersey, Healey had no basis to seek documents to conduct a Massachusetts-based investigation, The Massachusetts Supreme Judicial Court in April held that jurisdiction existed because of Exxon’s control over advertising conducted for about 300 franchise gas stations operating under the Exxon and Mobil brands in Massachusetts..
(Reuters) - Lennar Corp (LEN.N) said on Wednesday it was seeing an improvement in home sales in its new fiscal year as mortgage rates start to ease and posted earnings ahead of expectations, allaying concerns of a slowdown in the broader U.S. housing market. The company’s shares reversed course to trade up nearly 10 percent following the comments. They were earlier marginally down after the company reported lower-than-expected home sales and orders for the fourth quarter. U.S. 30-year mortgage rates have fallen over the past two months as the Federal Reserve officials have signaled that the central bank would likely slow its pace of rate hikes following signs of tightening financial conditions.
Applications father of the bride cufflinks for home mortgages jumped by the most in more than three years in the week ended Jan, 4 as mortgage rates averaged 4.74 percent, their lowest since April, They hit a multi-year high of 5.17 percent in the week ended Nov, 9, The second-largest U.S, homebuilder said strong employment, wage growth and consumer confidence were encouraging buyers, and that the moderation in demand in the just-concluded quarter was temporary, “We are optimistic that improved consumer confidence and wage growth combined with lower mortgage rates will spur increased activity as we move into the spring selling season,” Executive Chairman Stuart Miller said on a conference call..