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The lawsuit, filed in Los Angeles Superior Court, says Redstone cashed in stock options and restricted shares of Viacom and CBS to give $45 million each to Manuela Herzer and Sydney Holland. Representatives for Herzer and Holland could not immediately be reached for comment.
NEW YORK (AP) — U.S. stocks are slipping Tuesday as corporate earnings dominate the news and consumer companies like athletic apparel maker Under Armour and appliance maker Whirlpool absorb their largest losses in years. However strong results for household goods maker Procter & Gamble are sending its stock higher.
NEW YORK (AP) — From a Broadway-style marketing campaign to more exclusive toys, Target wants to lure shoppers during the final critical months of the year. More importantly, though, it needs to convince shoppers that it's the place for deals.