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Redstone kicked five of viacoms directors, including ceo fa lien de felipe delmon, off the board extending the incredible move over redstones iconic media empire. Shares rallied on the news climbing more than 6 . Viacom issued a statement pointing fingers at red stones daughter sherry saying, this is a brazen and demonstrably invalid attempt by ms. Redstone to gain control of viacom and its management. So how does this one play out . Tom megan, joins us now, welcome, nice to have you. I guess one of the questions is, who do you think actually made this move . Sumner redstone, ms. Redstone, or ...

Controlling shareholder Sumner Redstone kicked five of viacoms directors, including ceo fa lien de felipe delmon, off the board extending the incredible move over redstones iconic media empire. Shares rallied on the news climbing more than 6 . Viacom issued a statement pointing fingers at red stones daughter sherry saying, this is a brazen and demonstrably invalid attempt by ms. Redstone to gain control of viacom and its management. So how does this one play out . Tom megan, joins us now, welcome, nice to have you. I guess one of the questions is, who do you think actually made this move . Sum...

Still threatened by swelling rivers and backwaters. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. Im mark crumpton, this is bloomberg. Bloomerg west is next. Emily im emily chang and this is bloomerg west. Ford ceo mark fields tells us what he is focusing on a driverless car and doubling down in silicon valley. Tim cook spending for survival in china. The apple chief ballast to invest even more in one of its most challenging markets. Google fires a shot at apple, facebook in the mobile messaging wars. Is it too late to catch up to som...

Violence has increased in recent weeks. Syrian opposition monitoring groups set a wave of air on rebel held parts of aleppo , killed 15 civilians and wounded several others. More parishes have an attitude louisianas federal disaster declaration after days of catastrophic flooding. 11 deaths have been confirmed. Floodwaters are receiving in the southern part of the state with communities in lowlying areas still threatened by swelling rivers and backwaters. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. Im mark crumpton, this is bloomber...

Newsroom. Abigail it is great to be here on this selloff day. We have the three major averages sharply lower. That dow and s p 500 near special lows, the third day of declines. On pace for weekly declines, breaking the complacency for the u. S. Equity averages. Over the last few months, the s p was on day 43 of not making a 1 move. That has been broken. There are technical reasons the downside could continue. , thisk in the bloomberg is a twoyear chart of the s p 500. It is traded in a range. The orange oval is the range of complacency. That thisreasons could break toward the downside or to th...