Viacom suit
A shareholder of Viacom has sued the owner of the MTV, Comedy Central and Nickelodeon cable channels, claiming the network overpaid Chairman Sumner Redstone and two top executives by more than $36.6 million from 2008 to 2011.
Swoosh!
Nike this fall will debut its priciest sneaker yet — a $315 LeBron James basketball shoe with its own electronics, wsj.com reported.
Tough work
Lee Raymond, former CEO of Exxon Mobil, is leading JPMorgan Chase’s review of trades that led to $5.8 billion in losses this year.
Kodak suit
New York hedge fund Esopus Creek, which owns bonds of Eastman Kodak asked the US Trustee to probe the company’s patent auction, saying the “unusually secretive” bidding process wasn’t likely to benefit creditors.
Aieeee!
News Corp.’s 20th Century Fox movie studio will distribute all animated feature films from “Kung Fu Panda” maker Dreamworks Animation for the next five years, the studios announced. News Corp. also owns The Post.