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Shari Redstone says she does not want to manage Viacom | Wednesday, June 01, 2016 1:31 AM | |
| Shari Redstone, vice chair of Viacom Inc and the daughter of controlling shareholder Sumner Redstone, said on Tuesday she has no desire to manage the media conglomerate or to chair its board. The statement from Shari Redstone was a response to a letter on Monday in which Viacom's six independent directors vowed to fight any attempt to oust them from the board. In a statement from her spokeswoman, Shari Redstone said she wants "strong, independent directors" for Viacom, the owner of MTV, Comedy Central and Paramount Pictures.
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Prosecutors sue to recover life insurance held by San Bernardino shooter | Wednesday, June 01, 2016 1:25 AM | |
| By Dan Whitcomb LOS ANGELES (Reuters) - Federal prosecutors filed a civil forfeiture action on Tuesday seeking to seize the proceeds of two life insurance policies held by Syed Rizwan Farook, who with his wife killed 14 people in a shooting rampage in San Bernardino, California. Farook, 28, and his wife, Tashfeen Malik, 27, died in a shootout with police hours after the massacre last December at the Inland Regional Center social services centre where he worked. According to the complaint for forfeiture, Farook obtained two life insurance policies through his job with San Bernardino County, one in 2012 for $25,000 and one in 2013 for $250,000.
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September 11 suspect asks that U.S. judge step down, cites evidence destruction | Wednesday, June 01, 2016 12:16 AM | |
| By Ian Simpson WASHINGTON (Reuters) - The U.S. military judge overseeing the trial of the accused mastermind of the Sept. 11 attacks should step down and the case should be scrapped because he effectively conspired with prosecutors to destroy evidence, defence lawyers said in a court filing. The motion said Judge James Pohl, an Army colonel, and prosecutors had tainted the case against Pakistan-born Khalid Sheikh Mohammed by keeping defence lawyers from learning that the evidence had been destroyed. The motion was filed on May 10 and recently cleared for release.
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Combative Trump says he raised $5.6 million for vets, bashes media | | By Emily Flitter and Jonathan Allen NEW YORK (Reuters) - U.S. Republican presidential candidate Donald Trump on Tuesday detailed $5.6 million in contributions he raised for military veterans, and staged a fiery news conference where he attacked reporters for questioning him for months about the money. Appearing at Trump Tower in Manhattan, the billionaire accused the media of failing to give him credit for raising the funds at an event in January in Iowa.
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Viacom CEO, board face tough fight against Redstone - experts | | By Dan Levine NEW YORK (Reuters) - Viacom Inc's chief executive and independent directors would face an uphill courtroom battle to remain on the board if controlling shareholder Sumner Redstone followed through on a threat to remove them, legal experts said on Tuesday. Lead Independent Director Fred Salerno on Monday questioned 93-year-old Redstone's mental competence and said any move to oust Viacom's six independent directors would be "legally flawed." But unlike some companies, Viacom's corporate charter gave Redstone's National Amusements Inc (NAI) the ability to immediately remove Viacom's board at any time under Delaware law, said Lawrence Hamermesh, a corporate law professor at Widener University Delaware Law School.
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Erdogan warns Germany ahead of Armenian genocide vote | | By Tulay Karadeniz and Noah Barkin ANKARA/BERLIN (Reuters) - Turkey's president warned Germany on Tuesday that its plans to declare the 1915 mass killing of Armenians a genocide would damage bilateral ties, raising new concerns about an EU-Turkey migrant deal championed by Chancellor Angela Merkel. German lawmakers are expected to approve a symbolic resolution on Thursday that labels the killings of up to 1.5 million Armenians by Ottoman forces "genocide", a description that Turkey strongly rejects. The vote had been scheduled to take place over a year ago, on the 100th anniversary of the massacre, but Merkel's allies in parliament pushed it back repeatedly out of concern that it could hurt relations with Ankara.
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Criminal charges possible in killing of Cincinnati gorilla | | By Ginny McCabe CINCINNATI (Reuters) - Police may bring criminal charges over a Cincinnati Zoo incident in which a gorilla was killed to rescue a 4-year-old boy who had fallen into its enclosure, a prosecutor said on Tuesday. The death of Harambe, a 450-pound (200-kg) gorilla, also prompted the animal rights group Stop Animal Exploitation Now to file a negligence complaint on Tuesday against the zoo with the U.S. Department of Agriculture. Online petitions at change.org drew more than 500,000 signatures demanding "Justice for Harambe." Cincinnati police are taking a second look at possible criminal charges in the incident after initially saying no one was charged.
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UAE frees Canadian man acquitted of militancy, set to leave Weds | | The United Arab Emirates on Tuesday freed a Libyan-Canadian man acquitted of aiding militants and he is set to leave the country on Wednesday, campaigners on his behalf said in a statement. Salim Alaradi and two Libyan-American businessmen - Kamal Eldarat and his son Mohamed - had been charged with supporting Libyan militants but were cleared by a UAE security court on Monday. Alaradi was arrested in 2014 on a visit to the UAE. |
U.S. men made persistent efforts to join Islamic State - prosecutor | | By David Bailey MINNEAPOLIS (Reuters) - Three Somali-American men from Minnesota made persistent efforts to join Islamic State militants in Syria and conspired to help the group, a prosecutor said in closing arguments on Tuesday in their federal jury trial. Mohamed Farah, Abdirahman Daud and Guled Omar are charged with conspiring to provide material support to Islamic State and commit murder outside the United States, charges that could result in a life sentence for each if they are convicted. |
Ex-Barclays director accused by U.S. of illegal tips to plumber | | By Nate Raymond NEW YORK (Reuters) - A former director at Barclays Plc was arrested on Tuesday on U.S. charges that he provided inside information about impending mergers he learned about at the bank to a plumber, who used the tips to make $76,000 illegally. Steven McClatchey, 58, was charged in a criminal complaint filed in Manhattan federal court with conspiracy, wire fraud and securities fraud after the plumber, Gary Pusey, secretly pleaded guilty on Friday and agreed to cooperate with authorities. McClatchey, who worked at the British bank in its Manhattan offices from December 2008 to December 2015, was arrested on Long Island, where he resides.
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Philippines president-elect says won't rely on United States | | By Neil Jerome Morales DAVAO CITY, Philippines (Reuters) - Philippines President-elect Rodrigo Duterte said on Tuesday his country would not rely on long-term security ally the United States, signalling greater independence from Washington in dealing with China and the disputed South China Sea. The Philippines has traditionally been one of Washington's staunchest supporters in its standoff with Beijing over the South China Sea, a vital trade route where China has built artificial islands, airstrips and other military facilities. Duterte, the tough-talking mayor of Davao City who swept to victory in a May 9 election, has backed multilateral talks to settle rows over the South China Sea that would include the United States, Japan and Australia as well as claimant nations.
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