LOS ANGELES (AP) — Viacom Inc.'s movie studio, Paramount Pictures, is cutting 110 positions worldwide in a reorganization that the company says will help it adapt to increasing competition.
Paramount Chief Operating Officer Frederick Huntsberry announced the move in a memo to staff on Tuesday.
The job reductions amount to about 5 percent of Paramount's workforce of 2,200 and are being made across several departments including finance, international home media distribution and marketing.
Shares in New York-based Viacom rose 75 cents, or almost 1 percent, to $84.33 in regular-session trading. They tacked on another 3 cents after hours.
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Jennifer Fram pleaded guilty to reckless murder in Mobile Thursday, December 12. Fram is charged in a fatal traffic accident that killed Nicholas Markow in April 2012.
The trial for Giuseppe Pino Loporto continues today in Baldwin County. Loporto, now in his 80s faces several sex abuse charges against a child dating back to the early 90s.
Alabama kicker Cade Foster received a supportive note from former President George W. Bush. Foster missed two field goal attempts and had a third blocked in the Crimson Tide's 34-28 loss to Auburn on Nov. 30.
As we enjoy all the holidays have to offer - family, friends, gifts under the tree. It’s also a perfect time to give back.
Church's Fried Chicken and Volunteers of America are collecting your spare change - to help veterans here on the gulf coast.
Jackson County Sheriff Mike Byrd has pleaded guilty to a state felony and will resign immediately. Byrd on Thursday pleaded guilty in circuit court to one charge of intimidating a witness.
Clear skies and a secondary push of chilly air have arrived as a stronger area of high pressure has moved in from the central plains.