optimism over u.s./china trade talks. european markets also opened higher. wall street is eager to resolve the trade war with china. a report that white house officials are deliberating whether to lift tariffs on china to really encourage real structure all reform. the dow closed 163 points higher thursday after being up as many as 267 points. the s&p 500 gained about 0.7%. cbs confirmed that les moonves plans to fight for his $120 million exit package. according to the filing, he notified cbs on wednesday of his intention to demand binding arbitration with respect to this matter. moonves left cbs in september amid misconduct allegations. cbs says it does not intends to comment further on the matter. netflix approaching 150 million subscribers, it now has
to berlin to tokyo, are staging walkouts. they re protesting how their company has dealt with sexual harassment allegations. this outcry follows a new york times report detailing how the company stayed silent about allegations against three google executives, including android creator andy reuben who left the company in 2014 with a reported $90 million exit package. cnn business correspondent is live at google s headquarters in london. what do these employees say and were they afraid of some sort of penalty for participating? yeah, jim, poppy, a few hours ago at 11:00 a.m., there was a crowd, i would say about 50 google employees who walked out of the headquarters behind me. they said there were many, many more inside who were gathered in one of their largest meeting rooms as part of the walkout. this is happening across the world at 11:00, 10:00 a.m. in
personality julie chen has previously stood by her husband and today she was taking a few days she said from her show, the talk. her co-host sharon osborne had this to say, watch. about to talk about something that effects everybody s lives here at cbs. and i have never been nervous in my life but i m kind of very nervous right now. as you all know, julie s husband is in the news. and she is taking off time to be with her family. [applause] yeah. cbs will donate $20 million to one or more organizations that support me too and equality for women in the workplace. the 20 million would be detucked from moonves exit package which could be worth a reported $120 million or zero, depending on the outcome of the investigations. shep? shepard: much more going on there as well from cbs
yesterday, farrow detailing the chilling and graphic allegations by six more women. two on the record sandra saying he forced them to perform oral sex. one saying he slammed her against a wall. others saying he retaliated against them and ruined their careers. it would have been a whitewash for cbs to leave this man at the top of the company. sandra: what s next for moonves and cbs? i find the denial week. he says three of these six cases were consensual sex but doesn t say which ones. there is a lot of detail in the farrow piece. what s next for him will he get the $100 million exit package we ve been reporting on in recent days? cbs was facing a public relations fiasco if it were to get rid of him and pay him all this money. even though he is obligated to receive most of that money. instead the outside investigation, the outside law firms have to complete their investigation and it s possible moonves will get nothing.
that moonves may leave the company in the coming days. do you know any more about that? there are a number of cases recently where media companies have moved very quickly to remove and even fire for cause individuals subject to allegations of considerably less seriousness than these. so these women have watched the process that you just described, that yes, outside law firms being brought in to investigate and also moonves being allowed to stay and continue to run the company, and now in the last week as we have reached out to cbs for comment. for this moment, there are negotiations, but as of a couple of days ago, they were still talking about potentially letting him leave with a very generous exit package, up to $100 million. and some of the women found this very, very frustrating. this is a man who has a lot of power in this country, and the