Why this driver can’t collect benefits for his carjacking injuries

A car owner is not entitled to auto accident benefits (AB) for injuries sustained in a carjacking because his injuries were not directly caused by the use and operation of the motor vehicle, Ontario’s Licence Appeals Tribunal determined last Wednesday.…The post Why this driver can’t collect benefits for his carjacking injuries appeared first on Canadian Underwriter.

Media Stock Sale: Paramount and Warner Bros Discovery

Media firms that entered Netflix’s (NFLX) market paid a steep price. During the stay-at-home pandemic, they offered cheap subscriptions to lure Netflix customers to alternative services.That era is over.Paramount (PARA) said it would cut 15% of its U.S. workforce on August 8, 2024. This will save $500 million annualized and is part of the Skydance Media cost efficiency plan worth $2 billion in cuts. Skydance’s proposed buyout of PARA stock prevented the stock from falling below $10.00.Speculators may bet that Skydance’s buyout will close. It offered to buy Paramount for $2.4 billion in…