LOS ANGELES >> Viacom’s embattled chief executive sued Monday to be restored as a director and trustee to entities that control Viacom Inc. and CBS Corp. after a weekend move by media mogul Sumner Redstone stripped him of the positions. Viacom CEO Philippe Dauman and lawyer George Abrams — who was also stripped of identical roles — filed the lawsuit in Norfolk probate court in Massachusetts, saying Redstone was “not mentally competent” and that he is being manipulated by his once-estranged daughter, Shari Redstone. The question is key for Dauman. Without a board seat on theater chain National Amusements Inc., which controls 80 percent of the voting stock of Viacom and CBS, or a trustee seat in the trust that will receive the chain’s assets when Redstone dies, his position as Viacom’s CEO is in jeopardy.

Tribune rejects second Gannett bid

NEW YORK >> Tribune Publishing rejected a second takeover bid from USA Today owner Gannett but did say Monday that it was open to further talks.

Gannett last week raised its per-share bid for the owner of the Los Angeles Times, Chicago Tribune and other newspapers to $15, from $12.25. Gannett, based in McLean, Va., put the total value of the revised offer at about $864 million, which includes some $385 million in debt.

The Chicago publisher called the offer inadequate, but it revealed Monday that it would sell 4.7 million shares to a California entrepreneur for $70.5 million, which on a per-share basis is exactly what Gannett is offering.

Eurozone economy shows mixed signals

LONDON >> Mixed economic signals emerged Monday about the state of the eurozone economy.

Though a closely watched survey of business activity pointed to waning economic growth following a strong start to the year, another report pointed to consumer confidence holding up, crucial for the region’s prospects over the coming months.

On the Move

University of Hawaii at Manoa American-studies professor Dennis M. Ogawa received a medal from the emperor of Japan during an Imperial Decoration Ceremony at the Consulate General of Japan in Honolulu. Consul General Yasushi Misawa awarded Ogawa with the Order of the Rising Sun, Gold Rays with a Neck Ribbon. The purpose of the award was to recognize Ogawa’s contribution to the development of Japanese studies in the United States as well as his promotion of mutual understanding between Japan and the U.S.