CBS Directors Fear Legal Risks from Leaks in Moonves Probe 
 

Some CBS directors are concerned that recent leaks from the investigation into alleged sexual misconduct by former CEO Leslie Moonves could result in legal exposure for the company or people found to have failed to prevent the disclosures.

 
New Accounting Rules Drove Up U.S. Audit Fees in 2017 
 

The increase was nearly double the 1.3% median rise in audit fees recorded in 2016, according to an annual survey by the Financial Education & Research Foundation, and came as companies prepared to implement sweeping new revenue accounting rules.

 
WPP Sets Turnaround Plan in Motion 
 

WPP Chief Executive Mark Read set out his vision for a turnaround, a strategy he hopes will make the world's largest advertising company better-positioned to contend with the rapidly changing marketing landscape.

 
Carlos Ghosn's Jail Time Extended as Prosecutors Lay Out New Suspicions 
 

Nissan's Carlos Ghosn will remain in jail until at least Dec. 20 without the possibility of bail under a Tokyo District Court decision.

 
Google to Accelerate Closure of Google+ Social Network 
 

Google said it would close the consumer version of its Google+ social network after discovering a software bug that exposed the private profile information of 52 million users to outside app developers, the second time this year the company has acknowledged exposing private user data.

 
Huawei CFO Case Hinges on an Offshore Puzzle 
 

Meng Wanzhou's lawyer said Huawei cut ties to Skycom-which is shrouded in mystery in part because of its opaque ownership and its dealings with Iran-in 2009. The U.S. says it didn't.

 
Queen's 'Bohemian Rhapsody' Smashes Streaming Records 
 

Queen's "Bohemian Rhapsody" is the most-streamed song from the pre-streaming era and the most-streamed classic rock song of all time, according to Vivendi SA's Universal Music Group.

 
Apple Hit With Sales Ban on Older iPhones in China 
 

A Chinese court ordered Apple to stop selling older iPhone models in the country after finding it infringed on two Qualcomm patents, the chip supplier said.

 
Don't Get Lulled by Tencent Music's Tunes 
 

The Chinese counterpart to Spotify faces enough challenges to suggest its imminent IPO is overpriced.

 
Stitch Fix Stumbles Again 
 

Subscription fashion service Stitch Fix had its first big stumble when it reported fourth-quarter earnings in October, and starting its new fiscal year was rough as well.

(END) Dow Jones Newswires

December 11, 2018 07:15 ET (12:15 GMT)