Paramount, Skydance merger faces court challenge by shareholder

- A Paramount Global investor has sued to the block its merger with Skydance Media, saying the deal would cost its shareholders $1.65 billion, according to a lawsuit filed in Delaware's Chancery Court on Wednesday.

Making leveraged bets on Nvidia is likely to get much riskier if Wall Street's tech-led selloff continues. Exchange-traded funds designed to magnify the daily moves in the chipmaker's shares by as much as two times have been a popular vehicle for investors seeking to jump on the stock's meteoric rise this year, with total assets swelling to about $6.3 billion as of this week from only $342 million in December 2023, according to data from CFRA.

Organizations Call on BC Government to Explore SolutionsVancouver, July 25, 2024 -- The BC Real Estate Association and the Canadian Mortgage Brokers Association – British Columbia are calling upon the BC Government to amend and refine recent changes to the Residential Tenancy Act . Both organizations published open letters outlining concern around unintended consequences and the high potential the changes will negatively impact homebuyers, rental-propertyST.

For months the world endured droughts, heat waves, floods and cyclones as one of the strongest El Niño events on record brought chaos to global weather systems.

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Skydance Media Reaches Preliminary Paramount Merger AgreementIndependent film and TV producer Skydance Media has reached a preliminary agreement to buy Shari Redstone’s National Amusements Inc. and merge with Paramount Global, the parent of CBS and MTV, according to a person with knowledge of the matter.
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