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Viacom says its board has not had access to Redstone
May 22, 2016 by elegant · Leave a Comment
Viacom Inc said on Saturday its board members have been unable to meet with controlling shareholder Sumner Redstone because his daughter Shari is blocking access to the media mogul. Viacom's criticism of Shari Redstone comes a day
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Viacom says its board has not had access to Redstone
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Oil near six-month high as outages support
May 17, 2016 by creative · Leave a Comment
By Alex Lawler LONDON (Reuters) – Oil traded at around $49 a barrel on Tuesday within sight of a six-month high, supported by supply outages in Nigeria, Canada and other producers that are eroding a persistent glut. “Globally, there are still a lot of supply disruptions and this comes on top of natural declines,” said Olivier Jakob, oil analyst…
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Oil near six-month high as outages support
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Home Depot raises forecasts after strong start to the year
May 17, 2016 by elegant · Leave a Comment
“After last week's dismal set of retail trading updates, Home Depot provides some much needed relief and also an indication of where consumers are spending their money,” Håkon Helgesen, an analyst at research firm Conlumino, said in a note. Home Depot said its strong start to the year was helped by “week-to-week demand spikes caused by weather variability,” which added $250 million to sales in the quarter.
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Home Depot raises forecasts after strong start to the year
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Sumner Redstone has power to remove Viacom CEO from his trust
May 17, 2016 by admin · Leave a Comment
Sumner Redstone has the power to remove Viacom Inc Chief Executive Philippe Dauman, but not his daughter Shari, from the trust that will control his $40 billion media empire after his incapacitation or death, according to two sources familiar with the matter. There is no evidence that Sumner Redstone is considering replacing Dauman. Shari Redstone, who sits on Viacom's board, voted against Dauman's elevation to executive chairman of Viacom to replace her father in February, arguing that a member of the Redstone trust should not …
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Sumner Redstone has power to remove Viacom CEO from his trust
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Sumner Redstone trial should be open to public: tentative ruling
April 27, 2016 by creative · Leave a Comment
By Lisa Richwine LOS ANGELES (Reuters) – The trial over media mogul Sumner Redstone's healthcare directive should be open to the public, a California judge said in a tentative ruling …
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Sumner Redstone trial should be open to public: tentative ruling
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New York judge grants request to depose Viacom CEO
February 25, 2016 by elegant · Leave a Comment
The ruling was the latest in a lawsuit filed in November in Los Angeles by Redstone's ex-girlfriend Manuela Herzer, who has sued over her removal as the 92-year-old Redstone's health care agent in favor of Dauman. As part of that lawsuit, Herzer
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New York judge grants request to depose Viacom CEO
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Two medical colleagues duel over Sumner Redstone’s mental fitness
January 18, 2016 by elegant · Leave a Comment
Doctors Stephen Read and James Spar are collaborators on a chapter of a forthcoming psychiatry textbook, colleagues at UCLA’s medical school and go-to court experts on the evaluation of mental fitness in the elderly. In the 2014 fight over whether owner Donald Sterling was fit to decide the fate of the Los Angeles Clippers basketball team, the two psychiatrists agreed
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Two medical colleagues duel over Sumner Redstone’s mental fitness