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Sumner Redstone suggests he could oust Viacom board, CEO

A judge set an early June hearing on the possible removal of CEO Philippe Dauman from the trust that will control the media company when Redstone dies or is deemed incapacitated. In a statement issued through a spokesman, Redstone, who turned 93 on Friday, said he would act in “the best interests of shareholders,” when weighing whether or not to oust Dauman…

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Sumner Redstone suggests he could oust Viacom board, CEO

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Automakers recall 12 million U.S. vehicles over Takata air bags

Eight automakers said on Friday they are recalling more than 12 million U.S. vehicles for defective Takata air bag inflators, widening the largest-ever auto safety effort to more passenger-side devices. Honda Motor Co is recalling 4.5 million U.S. vehicles while Fiat Chrysler Automobiles NV is recalling 4.3 million, according

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Automakers recall 12 million U.S. vehicles over Takata air bags

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Verizon strike seen lowering U.S. May payrolls by 35,000 jobs

The department's monthly strike report showed 35,100 Verizon employees were idle during the survey period for the May payrolls count. Striking workers who do not receive a paycheck during the period are considered unemployed. Labor Secretary Thomas Perez said on Friday that Verizon and unions representing the striking workers had reached a tentative deal.

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Verizon strike seen lowering U.S. May payrolls by 35,000 jobs