Meta Plans Major Layoffs as AI Investments Strain Costs in 2026
Meta Platforms (NASDAQ: META) is preparing for sweeping layoffs in 2026, potentially impacting 20% or more of its global workforce, as the company grapples with escalating costs tied to its aggressive push into artificial intelligence. The planned cuts, which could affect tens of thousands of employees, come as Meta seeks to rein in expenses amid […]
Democrats Call for Probe Into Attorney General’s Brother as DOJ Cases Keep Getting Dropped
Democrats have asked the Justice Department’s watchdog to investigate whether Attorney General Pam Bondi is quietly steering cases for her brother’s benefit — after his clients saw federal charges dropped, indictments withdrawn, and a presidential pardon secured since she took office. Sen. Adam Schiff and Rep. Dave Min, both California Democrats, wrote to the DOJ’s […]
As Electricity Bills Near Five-Year Highs, Utilities Are Blocking the Technology That Lets Consumers Fight Back
American household electricity bills are at a five-year high and rising faster than inflation. Utilities are now moving to block one of the few technologies that lets consumers generate their own power — and critics say the reason is simple: lost revenue. NPR reported this week that electric utilities have persuaded lawmakers to delay votes […]
Ontario FOI Law Rewrite Would Shield Ford Cabinet Offices
Premier Doug Ford’s government is preparing one of the most consequential access-to-information rollbacks in Ontario politics by carving the premier’s office, cabinet ministers, parliamentary assistants and their offices out of the Freedom of Information and Protection of Privacy Act. The change was announced Friday by Public and Business Service Delivery and Procurement Minister Stephen Crawford […]
Adobe To Settle Subscription Lawsuit For $150M In Cash And Credits
Adobe (NASDAQ: ADBE) is settling the US government’s subscription practices lawsuit for about $150.0 million, marking a concrete financial resolution to allegations that the company made cancellation too hard and obscured key terms in annual plans. The settlement allocates $75.0 million to free services for affected customers and about $75.0 million to the Justice Department, […]
Musk Commits to April for X Money — Again — as SpaceX IPO Looms
Elon Musk confirmed this week 10 that X Money, his long-delayed payments platform, will open to select external users in April — a milestone in his push to transform X into an all-in-one financial app ahead of a landmark public offering. Musk described the product as already live in a closed beta among company employees […]
Wheaton Posts Record 2025 Results As Antamina Deal Resets Growth
Wheaton Precious Metals (TSX: WPM) delivered a record 2025 across every major earnings line, with higher realized prices and higher sales volumes driving the jump. Full-year 2025 revenue rose to $2.3 billion from $1.3 billion in 2024, with Q4 2025 revenue jumping even sharper to $864.7 million from $380.5 million in the comparable period last […]
Ottawa Backs First Phosphate Battery Grade Validation Push With $16.7M Boost
First Phosphate (CSE: PHOS) has received conditional approval for a contribution agreement of up to $16.7 million from Natural Resources Canada under the Global Partnerships Initiative, a funding package focused on advancing the technical validation of its integrated phosphate concentrate project in Saguenay-Lac-Saint-Jean through 2028.
Founders Metals Drills 1.16 g/t Gold Over 65.9 Metres At Lower Antino
Founders Metals (TSXV: FDR) has delivered another round of robust drill results from its Antino Gold Project in Suriname, providing further evidence of a large-scale gold system at the Lower Antino target. The company this morning reported several broad intercepts of gold mineralization, headlined by hole LA046 which returned 65.9 metres of 1.16 g/t gold. […]
Amex Exploration Expands Footprint In Ontario
Amex Exploration (TSXV: AMX) is again stepping across the provincial border and expanding its foothold in Ontario. The Montreal-based explorer announced Friday that it has entered into an option agreement to acquire a 100% interest in 216 mining claims spanning three separate townships. The deal adds approximately 11,600 hectares to Amex’s portfolio, bringing its total […]