Redstone’s Ownership to Pass to 7 Trustees After Death

Sumner Redstone, the controlling shareholder of CBS and Viacom, said his ownership in the two media companies will pass to a seven-member trust after he dies. Bloomberg’s Scarlet Fu reports on “Street Smart.” (Source: Bloomberg)

MassMutual CEO Sees `Tremendous Opportunities' in Asia
15:50 - Massachusetts Mutual Life Insurance Co. Chief Executive Officer Roger Crandall said there’s room for more growth in Asia after his firm acquired a stake in Yunfeng Financial Group, a company backed by billionaire Jack Ma. He spoke with Vonnie Quinn and Shery Ahn on “Bloomberg Markets.” (Source: Bloomberg)
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