The media giant is said to be willing to spend up to $50 million to end the $20 billion lawsuit brought by Trump.

Wendy McMahon, who resigned Monday, made clear internally that she did not want the network’s parent company to settle the ...

There has been tension between McMahon and Shari Redstone in recent months, including over a potential "60 Minutes" ...

Bernie Sanders said that the latest shake-up at CBS News shows "enough is enough." ...

Elizabeth Warren, Bernie Sanders and Ron Wyden write to Redstone as Paramount Global seeks approval for its merger with ...

Paramount Global is facing fresh heat from Capitol Hill over its talks to settle a $20 billion defamation lawsuit brought by ...

Legal experts disagree with senators warning Paramount that settling Trump's lawsuit with CBS could violate bribery laws, ...

Bernie Sanders on Monday urged Paramount Global chairwoman Shari Redstone to "not capitulate" to President Trump's "attack on ...

CBS News President Wendy McMahon announced on Monday that she is resigning from her position, saying in a memo that “it’s ...

We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, ...

Wendy McMahon has announced her resignation as the president and CEO of CBS News and Stations, the latest departure from the ...

McMahon's exit follows the departure of longtime "60 Minutes" EP Bill Owens as Paramount and Trump are embroiled in ...