Canadian Copper Enters LOI To Acquire Asset With Historic 18 Million Tonne Resource
Canadian Copper (CSE: CCI) has managed to grab hold of a majority stake in a major asset in New Brunswick. The firm has entered an arrange to acquire a 72% interest in the Murray Brook joint venture, which owns the Murray Brook project in the Bathurst Camp of New Brunswick. Murray Brook is said to […]
US Consumer Prices Rise 4% in May
After rising 4.9% year-over-year in April, US consumer prices continued their descent last month, increasing 0.1% to an annualized 4%— slightly below forecasts calling for a print of 4.1%. Core CPI, which does not account for food and energy, was up 5.3% over the past 12 months, slightly below the prior month’s 5.5% and in […]
Westfield Gives Up Largest Mall In San Francisco Following Nordstrom Closure
Shopping mall operator Westfield has decided to give up its prestigious San Francisco mall following a closure announcement by Nordstrom. The city’s largest shopping center experienced a drastic decline in foot traffic and sales during the pandemic, leading the company to halt payments on a $558 million loan. Westfield, in partnership with Brookfield Properties, is […]
JPMorgan Chase Pays $290 Million in Landmark Epstein Trafficking Settlement
JPMorgan Chase has agreed to pay a $290 million settlement following a federal class-action lawsuit lodged by victims of pedophile financier Jeffrey Epstein’s international sex trafficking ring. The announcement represents a significant shift in stance for the global bank, which had previously denied allegations of turning a blind eye to Epstein’s illicit activities. In a […]
Microsoft’s Activision Blizzard Acquisition Challenged by FTC Injunction
The Federal Trade Commission (FTC) is reportedly planning to file an injunction this week to halt a $68.7 billion acquisition of Activision Blizzard (NASDAQ: ATVI) by Microsoft (NASDAQ: MSFT). According to a source familiar with the matter cited by CNBC, the move aims to halt the transaction ahead of its July 18 deadline. This follows […]
a16z Sets United Kingdom As First Overseas Location, Cites “Outcomes-Based Regulation”
Venture capital firm Andreessen Horowitz (a16z) has made a significant move by choosing London as the location for its inaugural office outside the United States. A16z cited the U.K. government’s commitment to fostering decentralized startups as a key factor in its decision. Based in Menlo Park, California, A16z plans to establish the London office later […]
Hungary Received Ukrainian POWs From Russia Without Ukraine’s Knowledge
Hungary made a surprising announcement on Friday, revealing that it had successfully received a group of Ukrainian prisoners of war from Russia. This unexpected release was met with mixed reactions, as Ukraine expressed its concern over not being informed about the operation. The prisoners of war hailed from the western region of Ukraine, which shares […]
Is Public Inquiry On Chinese Interference Finally Coming? Tories To Work With NDP, Bloc To Set Terms
Party leader Pierre Poilievre announced on Sunday that federal Conservatives are willing to collaborate with other opposition parties to establish the parameters of a potential inquiry into foreign interference, stating that he plans to initiate the process in the coming days by reaching out to the New Democrat Party and Bloc Quebecois. These remarks from […]
Elizabeth Holmes Seen Crying On Family’s First Visit To Prison
Convicted fraudster Elizabeth Holmes was recently photographed at the federal prison camp in Bryan, Texas during a reunion with her husband Billy Evans, and parents Noel and Christian. Holmes appeared emotional for most of the portion of the visit that the family spent in the prison’s outdoor area. The family reportedly stayed for seven hours, […]
Zeekler: A Ponzi With The Most Victims In US History
Remember those penny auction sites from a decade ago? Where you could place a bid one penny at a time and win a big screen TV for $2.53? The catch was that to place a bid it cost around the price of a cup of coffee, and of course we all assumed Zeekler had some […]