Viacom might remove Dauman, board of directors — soon
This is going to be a Memorial Day weekend to remember at Viacom, as board members cling to their seats. Chief Executive Philippe Dauman and the entire board of directors are bracing for the possibility that they will be removed. Their fears may be well founded. On May 20, Redstone’s lawyers booted Dauman and George Abrams, another board member and longtime ally, from his family’s trust, and also from the directorship of the Boston-based cinema chain National Amusements, the entity that control..>> view originalAutomakers, ride-sharing firms engage in a mating dance
In this file photo, Katie Baranyuk gets out of a car driven by Dara Jenkins, a driver for the ride-sharing service Lyft, after getting a ride to downtown Seattle. General Motors now owns a 9% stake in Lyft. Toyota, Volkswagen and BMW also made recent investments in ride-sharing platforms.(Photo: Ted S. Warren, AP)Automakers, much like sweaty-palmed teenagers, at their first dance are hustling for partners in this growing, uncertain world of ride-sharing before they're left to wrestle with their ..>> view original
Sunday, May 29, 2016
Viacom might remove Dauman, board of directors — soon and other top stories.
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