Trump Named in $310M Civil Lawsuit Filed in Palm Beach County
A 149-page civil lawsuit filed November 24 in Palm Beach County Circuit Court names President Donald Trump, Elon Musk, Bill Gates, and the Department of Homeland Security as defendants in allegations of human trafficking, intellectual property theft, and other claims spanning an alleged eight-year period. The complaint, filed by a self-represented plaintiff whose identity is […]
Tim Hortons Pressed Ottawa for Higher Foreign Worker Cap Over 18 Months
Tim Hortons and its parent company have spent more than 18 months pushing Canadian officials to raise the cap on temporary foreign workers at its franchises, CBC News has learned from documents the government released through access-to-information requests. The coffee chain requested that the federal government increase the temporary foreign worker limit from 20% to […]
Government Knew About Algoma Layoffs Before $500M Bailout, CEO Confirms
Federal and provincial governments knew Algoma Steel planned to lay off workers when they provided $500 million in loans in September, the company’s CEO confirmed Tuesday, despite publicly promoting the bailout as a measure to “protect Canadian steel jobs.” Algoma Steel CEO Michael Garcia told CTV’s Power & Politics that both levels of government understood […]
IEA Warns Copper Supply to Face 30% Deficit by 2035
The world faces a critical copper shortage within a decade that could derail global energy transition efforts and artificial intelligence expansion, the International Energy Agency warned at a United Kingdom summit this week. Shobhan Dhir, an IEA analyst specializing in critical minerals, told government and industry leaders that copper supply could fall 30% short of […]
US Tops $1 Billion Buying Stakes in Critical Minerals
The US government plans to take more equity stakes in critical minerals companies, framing the approach as a direct counter to China’s dominance in key raw materials. The policy emphasis is explicitly about stakes, not simply support, with a White House official describing government ownership positions as a tool that is no longer “once-rare” in […]
Shell Exits Argentina LNG Phase Citing “Scope Change”
Shell has stepped away from a phase of Argentina LNG tied to a project development agreement with YPF, citing a “significant change in the project scope.” YPF CEO Horacio Marin said the company is prioritizing a separate $20 billion, 12 million-ton-per-year LNG phase with Eni and ADNOC’s XRG and expects a final investment decision around […]
New Rio Tinto CEO Eyes $10 Billion From Divestments And Streamlining
Rio Tinto is targeting $5.0 billion to $10.0 billion of value creation from divestments and productivity growth as new CEO Simon Trott moves to simplify the group and narrow execution risk. In his first major strategy briefing almost five months into the role, Trott said the company wants to become the world’s “most valued” miner […]
Netflix To Acquire Warner Bros Assets—Including HBO—In $82.7B Deal
Netflix (NASDAQ: NFLX) agreed to acquire Warner Bros assets from Warner Bros. Discovery (NASDAQ: WBD) for a total enterprise value of about $82.7 billion and equity value of $72.0 billion, with closing expected after the latter completes the previously announced Discovery Global separation now targeted for Q3 2026. The consideration is a cash and stock […]
West Fraser To Curtail OSB Production At High Level Mill
The weakening real estate market in Canada is evidently having downstream effects on the lumber industry, with West Fraser Timber (TSX: WFG) this morning announcing that it will be curtailing production of oriented strand board, or OSB, products. The latest curtailment is set to occur at West Fraser’s High Level, Alberta mill, with the curtailment […]
Aftermath Silver Grows Measured And Indicated Tonnes 28% In Latest Resource Update
Aftermath Silver (TSXV: AAG) this morning issued a revised resource estimate for their Berenguela silver-copper-manganese deposit, which is found in Peru. The latest update factors in exploration conducted in 2024 and 2025, with this estimate marking the first such update since 2023. Highlights from the revised estimate include: “The new MRE reflects a significant derisking […]