1. Viacom Board Scraps Pay for Redstone

    Viacom Board Scraps Pay for Redstone

    Viacom's board on Wednesday decided to eliminate one of the last corporate perks for its ailing founder, Sumner Redstone.  Going forward, the media mogul who turns 93 next week, will not be paid an annual salary, according to a person familiar with the situation. Redstone was paid a $2-million salary for the 2015 fiscal year, according to a regulatory filing...

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