Pantry Stockpiling Surges 3,400% As Second COVID-19 Wave Sets In
As the outlook for the coronavirus pandemic turns bleak across the US amid record-breaking surges in infection rates and hospitalizations, anxiety amongst consumers is begin to reach worrisome levels. The second, and more severe wave of the virus is coinciding with the changing climate, as well as several key holidays. As a result, consumer panic […]
Sona Nanotech Rejected By FDA For Emergency Use Authorization
The US Food and Drug Administration has rejected Sona Nanotech’s (CSE: SONA) request for an emergency use authorization for the marketing of its rapid COVID-19 antigen test. The device has been labeled as not being a priority at this time by the department, with the result being that no emergency use authorization is being granted. […]
PowerBand Acquires Majority Stake In IntellaCar Solutions
PowerBand Solutions (TSXV: PBX) has acquired a 60% membership interest in IntellaCar Solutions, a user-friendly platform that enables auto dealerships and consumers to purchase vehicles on smart devices. The transaction was announced last night by the company. In addition to enabling the simplified purchase or trade-in of a vehicle, IntellaCar owns an extensive video and […]
Kontrol Energy Finally Releases Some Data On BioCloud Detection Limits
Well after a month following the initial release of “positive lab results for COVID-19 testing,” Kontrol Energy (CSE: KNR) has finally released some details surrounding the detection limits of its COVID-19 BioCloud Device as well as the current status of commercialization. Admittedly however, details still remain scarce overall. The company reported this morning that as […]
Freeman Reports Multiple Instances Of Visible Gold In Drill Cores
Freeman Gold Corp (CSE: FMAN) has hit visible gold in Idaho. The company provided a market update this morning in relation to its ongoing drill program, which to date has conducted a total of 16 drill holes that total 3,328 metres via two drill rigs that are on site. Notably, the company has indicated that […]
Noram Ventures Mobilizes For Drilling At Zeus Lithium Project
Noram Ventures (TSXV: NRM) is continuing its search for additional lithium resources at its Zeus project, located in the Clayton Valley of Nevada. The company announced this morning that it has received drill permits for Phase V drilling at the project, with the drill team now being mobilized to site. Drilling conducted on site is […]
Precision Drilling Announces 20 To 1 Reverse Split
With the coronavirus pandemic continuing to harm oil operations globally, oil operators have continued to see their equity hit new lows. The latest victim of this is Precision Drilling (TSX: PD) (NYSE: PDS), whom this morning announced a share consolidation as a means of meeting minimum pricing requirements to remain listed on the the NYSE. […]
Palantir: The Future Of Organizational Data Science Because It Says So
Three weeks past its September 29, 2020 IPO, controversial data-science enterprise software company Palantir Technologies (NYSE: PLTR) is settling in to a trading band between $9 and $10 as it turns over 12 million shares or so a day in what amounts to an ongoing staring contest with investors, who don’t really know what to […]
Boeing Announces Further Job Cuts as Financial Losses Continue to Mount
Troubled airplane manufacturer Boeing has released its detrimental earnings today, suffering a fourth consecutive quarter of losses amid the grounding of its 737 MAX and the coronavirus pandemic decimating air travel worldwide. The prolonged grounding of its once-popular 737 MAX jetliner, followed by the pandemic crisis, has created significant financial hardship for the US plane […]
Bank of Canada Signals Interest Rates Will Remain at 0.25% Until 2023 as Output Gap Continues to Subdue Economic Growth
The Bank of Canada (BoC) has signaled it will keep interest rates at the lower bound of 0.25% for at least the next few years, citing the economy’s excess supply as the downward pressure on a full recovery. On Wednesday, the BoC unveiled its Monetary Policy Report for the month of October, announcing that it […]