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Germany 's pioneer car maker, Volkswagen, is now facing a 3.3 billion euro lawsuit. The case was filed due to the company's cover-up regarding its diesel polluting engine.

Canyon Capital Advisors kicked off a proxy fight on Monday, nominating three directors for the board and urging leadership changes at the bond insurer.

Viacom shareholders voted to re-elect its board, with widespread support for the directors even beyond the backing of controlling shareholder Sumner Redstone.