Daughter sherri and the ceo and leader of viacom Phillippe Dauman. This morning he has filed a lawsuit just moments ago along with George Abrams in the massachusetts probate and family Court Challenging changes purportedly made to the trust arrangements by an attorney claiming to represent mr. Redstone. In a legal complaint, these two gentlemen, mr. Dauman and mr. Abrams who again have been removed from the trust that oversees the stake in National Amusements that in turn controls viacom and cbs, they are going to the court saying they want immediate judicial relief and a court ruling to invalidate the purported removal of them by mr. Redstone as trustees of the trust and also invalidate the removal as well as directors of National Amusements. They would assume then want him, that is mr. Redstone, to be deemed potentially incompetent and not able to make decisions. And very harshly worded language, guys, that accompanies this lawsuit. In a press release i just received Phillippe Dauman
Exercise area i think that is new. I think from a consumption standpoint, what makes it different even though we are used to this luxury of being able to watch our hbo go whenever we want is theres something about lies in the way that periscope exceeded and others achieve it that actually brings value and purpose to the immediacy of the interaction which is that as a viewer i can affect the experience. When i watch a tv show live, the fact that his life may matter to me spiritually but it doesnt matter to me from an interactive standpoint. Being able to direct the comments . I cant ask a question on cnn, youre not going to respond to me but if im watching you broadcast i can say hey, peter, i want to ask you a question and the fact that two seconds later you can respond, theres Something Different about that. That doesnt exist in other forms of life but it justifies meeting out my phone in saint peters life . Let me jump in and say whats going on. You said is novel, the idea, how do yo
So so were not the old cwa that people think about where it was just telephone employees. Host how is it that you can represent those other people under the umbrella of cwa . Guest well, weve merged a lot of other unions. For instance, the last one we merged was the flight attendants union. And weve represented these folks, for instance, the printers came in to cwa in 1987, and weve been merging other unions since then. Host what are some of the Telecommunications Companies where your workers are represented . Guest at t, frontier, verizon, tmobile, you name it. Host well, speaking of verizon, just a 45day strike just recently ended. What came out of that . First of all, what was the strike about . Guest the strike, from our point of view, was about one thing and one thing only, jobs. And job security. And i think for verizon it was about a lot of things. We managed to come out of it with what we wanted, and i think we did very well. I think verizon also did okay, you know . Were not a
Host David Shelton is president of the Communications Workers of America Union and he is our guest this week on the communicators. Mr. Shelton welcome to cspan. We appreciate your coming over. Give us a snapshot of the cwa if you would. Jaczko we have approximately 700,000 members not only in telecommunications as most people think but in just about every walk of life, every job you could possibly think of. We have reporters, we have nurses, we have even some rocket scientist. We have printers. We have manufacturing folks. You name it we have them. Public workers so we are not the old cwa do people think about where it was just telephone employees. Host how is it that you can represent those other people under the umbrella of cwa . We have merged a lot of other unions for instance the last one we merged with the Flight Attendants Union and we have represented these folks for instance the printers came cwa since 1987 and we have been merging other unions since then. Host what are some t
And major back eye for blood testing startup theranos. The proposal is to ban the founder from the business at least two years, the wall street journal reporter behind the story from the beginning will join us in a bit. And the first president of facebook, and now tech billionaire sean parker is donating a quarter billion to Cancer Research. Hell join us live to discuss the move and his own any venture, the Screening Room, that has the movie business up in arms. The earnings from jpmorgan chase, wilfred frost has the story. First up, Energy Related losses, they were significant, but guidance for the rest of the year was encouraging. Down shamp is expected with deal activity and underwriting soft. Guidance also for m a was to remain so for a quarter or two more. However, markets surprised, only done 13 , march seeing an improvement and april okay so far. Here is what dimon had to say. I just add that 5 billion plus of trading in a quarter like this, look as good or decent returns, we ha