Copper’s Record Close Masks A Messier Inventory Story
Copper’s highest monthly close on record is exposing a market where the location of metal now matters almost as much as the amount of metal available. The red metal ended May in record territory after reaching an all-time high of $6.65 per pound during the month, according to Trading Economics, which showed copper trading near […]
Florida Launches Lawsuit Against OpenAI And Sam Altman
Florida Attorney General James Uthmeier filed an 83-page civil lawsuit Monday against OpenAI and CEO Sam Altman, making Florida the first U.S. state to drag the company into court over the design and safety of its products. The complaint lands in the circuit court of the 10th judicial circuit and puts Altman personally in the […]
Walmart Throttles AI Use In The Latest Corporate AI Pull Back
Corporate AI is starting to create the problem executives said they wanted: employees are using the tools enough that companies now have to decide which tasks deserve access, which costs can scale, and which use cases fail once they leave the pilot stage. Walmart has reportedly begun limiting employee use of an AI tool after […]
Sanders Bill Would Force AI Companies to Hand 50% of Their Equity to New U.S. Sovereign Wealth Fund
Senator Bernie Sanders is set to introduce legislation that would force the country’s largest artificial intelligence companies to hand half their equity to a new federal fund, giving ordinary Americans a direct ownership stake in an industry he says was built on their knowledge, creativity, and labor. The bill, called the American A.I. Sovereign Wealth […]
Breaking Down Alberta’s Potential Secession From Canada
Alberta’s separation debate has reached voters before the province has answered the basic implementation questions that would determine whether independence is even bankable. The Oct. 19 vote being advanced by Premier Danielle Smith’s government does not ask Albertans to create a new country. It asks whether Alberta should remain a Canadian province or begin the […]
Iran Talks Enter The No More Talks Zone After Lebanon Strike
Iran’s reported decision to stop exchanging messages with the US through mediators is the clearest sign yet that Tehran may no longer separate diplomacy with Washington from Israel’s campaign in Lebanon and the wider axis conflict. A Tasnim’s verified Telegram channel message says an informed source told the outlet that Iran would halt indirect message […]
Alberta Maps Four Pipeline Routes Through B.C., All Blocked by Federal Tanker Ban
Confidential documents obtained by CBC News show Alberta has mapped at least four distinct pipeline routes through British Columbia for its proposed one million barrel per day oil export corridor. Every port option under consideration sits inside the federal oil tanker moratorium zone. Community leaders are said to have been shown the documents during private […]
Russia Bans Jet Fuel Exports Through November as Drone Strikes Drive Refinery Output to 16-Year Low
Russia has banned jet fuel exports through November 30, its first-ever such prohibition, according to Russian news outlet RBC, as Ukrainian drone strikes batter domestic refineries and push output to the lowest level since October 2009. Transportation Minister Andrei Nikitin told reporters there was no shortage of jet fuel and that the ban was introduced […]
Cameco Lifts Cigar Lake Stake to 57% After TEPCO Buyout
Cameco (TSX: CCO) is tightening its grip on the highest grade uranium mine on the planet. The company, alongside joint-venture partner Orano Canada, has agreed to buy out TEPCO Resources’ 5% stake in the Cigar Lake Joint Venture. Once the deal closes, Cameco’s interest in the northern Saskatchewan operation climbs 2.871% to 57.418%, while Orano […]
IAMGOLD Lifts Côté Gold Resource to 23.8 Million Ounces After Zone Merger
IAMGOLD (TSX: IMG) has bulked up the resource base at its Côté Gold project, folding the neighbouring Côté and Gosselin zones into a single block model and lifting its gold price assumption in the process. The updated estimate, effective March 31, pegs measured and indicated resources at 20.3 million ounces of gold on a 100% […]