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Viacom says its board has not had access to Redstone

May 22, 2016 by · 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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Judge dismisses mental competence lawsuit against Sumner Redstone: tentative ruling

May 9, 2016 by · Leave a Comment 

(Reuters) – A Los Angeles judge dismissed a lawsuit over the mental competence of media mogul Sumner Redstone, in a tentative ruling issued on Monday. (Reporting by Lisa Richwine; Editing by Chizu Nomiyama)

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Judge dismisses mental competence lawsuit against Sumner Redstone: tentative ruling

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Berkshire operating profit falls short, book value rises

May 8, 2016 by · Leave a Comment 

By Jonathan Stempel (Reuters) – Warren Buffett's Berkshire Hathaway Inc on Friday confirmed that its first-quarter profit rose 8 percent, while operating results fell short of analyst forecasts as falling oil prices and coal demand hurt its BNSF railroad unit. The Omaha, Nebraska-based conglomerate, which has close to 90 operating units, also said its book value per share, measuring assets minus liabilities and Buffett's preferred gauge of

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Berkshire operating profit falls short, book value rises

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FCC confirms approval of Charter, Time Warner Cable merger

May 8, 2016 by · Leave a Comment 

By David Shepardson WASHINGTON (Reuters) – The U.S. Federal Communications Commission confirmed on Friday that it had voted to approve Charter Communications Inc's acquisitions of Time Warner Cable Inc and Bright House Networks. Tom Rutledge, president and chief executive of Charter, said in a statement Friday that the transactions have

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FCC confirms approval of Charter, Time Warner Cable merger

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Judge leans Redstone’s way in trial over media mogul’s mental state

May 8, 2016 by · Leave a Comment 

A judge called Sumner Redstone's deposition “strong evidence” that the media mogul knew what he was doing when he ejected an ex-girlfriend from his life, suggesting Redstone has the upper hand in a trial over his mental competence that began on Friday. Although the 92-year-old billionaire, who has majority control of media companies Viacom and CBS, had…

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Judge leans Redstone’s way in trial over media mogul’s mental state