Big Gold Begins Phase 2 Exploration Program At Tabor Project
FULL DISCLOSURE: This is sponsored content for Big Gold Inc. Big Gold (CSE: BG) has selected high priority historical targets as part of a phase two exploration program for its Tabor Project, found northwest of Thunder Bay, Ontario. The phase two exploration program is said to include 32 targets following historical work, with high grade […]
Trulieve Posts Q2 Net Loss Of $407 Million Due To Asset Impairments
The stateside cannabis sector continues to follow the path of the Canadian cannabis sector, with Trulieve Cannabis (CSE: TRUL) this morning reporting a massive net loss for the second quarter of 2023 as a result of goodwill impairments. The company saw a net loss of $406.9 million for the second quarter, driven in large part […]
Dave Portnoy Reacquires Barstool Sports After Selling It 6 Months Ago
Dave Portnoy has resumed full ownership of Barstool Sports, just shy of six months since the latter was fully acquired by PENN Entertainment (NASDAQ: PENN). PENN Entertainment, a prominent player in the casino and sports gaming industry, recently concluded its comprehensive acquisition of Barstool. The transaction, valued at $551 million, comes after PENN initially acquired […]
German Exports to Countries Neighboring Russia Surge Amid Concerns Over Sanctions Circumvention
Exports from Germany to countries bordering Russia have experienced a significant surge in the first quarter, raising concerns that re-exportation of goods from neighboring states might be aiding Russians in bypassing sanctions imposed due to Moscow’s conflict in Ukraine. According to data from the German statistics office, German exports to Kyrgyzstan skyrocketed by a staggering […]
Amazon To Launch New Credit Card Venture with Banco Bradesco in Brazil
Amazon (Nasdaq: AMZN) is set to introduce a new credit card venture in Brazil, aligning with Banco Bradesco SA, a prominent Brazilian financial institution, according to a Reuters report. The move aims to bolster Amazon’s fintech presence in the country’s burgeoning market. CEO Octavio de Lazari Junior confirmed the impending launch, scheduled for the next […]
China’s Trade Unexpectedly Plummets Amid Weaker Global Demand
China’s glorified comeback from Covid-19 lockdowns turned out to be a lot more dismal than anticipated. China faced a sharper-than-anticipated decline in both imports and exports last month, shedding light on challenges to the recovery trajectory of the world’s second-largest economy. According to customs data cited by Reuters, imports tumbled 12.4% year-on-year in July, a […]
Elon Musk’s Neuralink Gets Fresh $280 Million Handout In A Peter Thiel-Backed Funding Round
Neuralink, Elon Musk’s pioneering venture focusing on brain-implant technology, has successfully secured a substantial funding infusion of $280 million from a consortium of investors, spearheaded by Peter Thiel’s renowned Founders Fund. Although the precise valuation following this funding influx remains undisclosed, earlier reports by Reuters in June had pegged Neuralink’s value at approximately $5 billion, […]
More Unions Coming to Hollywood Part 2: Marvel’s VFX Workers Vote to Unionize
After more than a year of revelations concerning grueling working conditions and inadequate pay within Marvel Studios’ visual effects department, VFX crews at the famed studio have united to formally request union representation. Over 50 on-set employees have jointly filed a petition with the National Labor Relations Board (NLRB), seeking recognition from the International Alliance […]
Mexico Replaces China as the US’ Top Trading Partner
In a significant shift in the global economy, Mexico has surpassed China as the United States’ top trading partner this year, marking a departure from the traditional focus on low prices and supply chain efficiency. According to a report by the Washington Post, major companies such as HP, Stanley Black & Decker, and Lego have […]
Belarus Launches Border Drills Amidst Tensions with NATO Neighbors
Belarus has initiated military drills near its borders with Poland and Lithuania— both NATO members, amidst escalating tensions stemming from Russia-affiliated Wagner mercenaries’ move to Belarus after a brief rebellion in Russia. This shift to Belarus happened after a deal in late June that terminated the mercenaries’ armed rebellion and permitted their leader, Yevgeny Prigozhin, […]