Delaware City Could Be Set To Give Voting Rights To Corporations And Churches
Delaware has become the center of national attention as a bill allowing Limited Liability Companies (LLCs) to vote in city elections garners controversy. While the focus has been on this proposed legislation, recent investigations reveal that at least 17 Delaware towns already permit LLCs to vote in local elections, and the new bill may even […]
Alberta Ends Natural Resource Investment Collaboration with Chinese Fund Amid Rising Tensions
The Alberta government has dissolved a collaboration with Chinese private equity entity Can-China Global Resource Fund (CCGRF), which had earmarked $10 billion for investments in the province’s natural resource sector. The announcement was made by a spokesperson from the non-profit organization Alberta Industrial Heartland. Established in 2016, the partnership was geared towards facilitating investments across […]
Russian Crude Oil Exports See Significant Drop Toward End of June
Russian crude oil exports by sea experienced a substantial decline of up to 980,000 barrels per day (bpd) during the week ending June 25. However, experts suggest that this decrease is more likely due to maintenance work rather than a deliberate reduction in Russia’s crude oil production. Vessel-tracking data monitored by Bloomberg revealed that weekly […]
Vancouver Homeowners Face 9% Property Tax Increases Over 5 Years
Vancouver property owners may face significant property tax increases over the next five years, as indicated in a budget outlook report presented to the city council on Monday evening. The report proposes implementing a 9% annual hike from 2024 to 2028 in order to maintain the current service levels and balance the budget. For the […]
Rioters Burn France In Protest While Macron Blames Parents And “Intoxicating Video Games”
France is grappling with escalating unrest and violence as rioters continue to clash with authorities for the third consecutive night following the fatal police shooting of a 17-year-old teenager. The incidents have sparked outrage and brought longstanding grievances regarding police violence and systemic racism to the forefront of public attention. The situation has prompted the […]
DWAC: Federal Prosecutors Arrest Three Investors in Trump SPAC Deal Insider Trading Scandal
Federal prosecutors have taken action by arresting three investors on charges of insider trading linked to a deal aimed at making former US President Donald Trump’s media business public. The indictment alleges that these individuals collectively earned over $22 million in October 2021 through illegal trading based on undisclosed information about Digital World Acquisition Corporation’s […]
Bill C-18 Fallout: Meta Terminates Journalism Fellowship Contract with The Canadian Press
In the wake of the passing of Canada’s Online News Act or Bill C-18, Meta Platforms (Nasdaq: META) has decided to terminate its contract with The Canadian Press (CP) on top of its decision to remove news from Facebook and Instagram by the end of the year. The contract with Canadian Press supported the hiring […]
Applications for Bitcoin ETFs Hit a Roadblock as SEC Demands More Clarity
The SEC has deemed a series of applications for spot bitcoin ETFs as insufficient, according to sources cited by the Wall Street Journal. The filings were submitted by exchanges Nasdaq and Cboe Global Markets on behalf of asset management firms, including BlackRock and Fidelity Investments. The SEC claimed these applications lacked clarity and comprehensiveness. This […]
Former Pfizer Employee Charged by SEC for Insider Trading
Former Pfizer Inc. (NYSE: PFE) employee Amit Dagar and his close friend and business partner, Atul Bhiwapurkar, are facing insider trading charges, according to a press release by the Securities and Exchange Commission (SEC). The SEC complaint states that Dagar, who was formerly a senior statistical program lead for the drug trial of the Covid-19 […]
Supreme Court Ruling Ends Affirmative Action in University Admissions
In a groundbreaking decision, the U.S. Supreme Court has ruled against race-conscious admissions programs at Harvard University and the University of North Carolina (UNC), effectively putting an end to long-standing affirmative action policies aimed at increasing diversity on American college campuses. The conservative-leaning justices, with dissent from the liberals, sided with Students for Fair Admissions, […]