From Plate to Debt: How Inflation is Feeding Restaurant Bankruptcies in Canada
Rising inflation is increasingly pressuring the Canadian restaurant industry, with over half of all restaurants reportedly operating at a loss, according to Restaurants Canada, a national organization representing 30,000 eateries. This financial strain has resulted in a 116% increase in restaurant bankruptcies over the past 12 months, and unless changes are made, this trend is […]
Meta Platforms Threatens to Remove News Content From Social Media in Response to California’s Journalism Fee
Meta Platforms (NASDAQ: META) is threatening to pull news content from Facebook and Instagram if Californian lawmakers pass the California Journalism Preservation Act. The proposed legislation, called Assembly Bill 886 and penned by Assemblywoman Buffy Wicks, mandates social media companies such as Facebook, Instagram, and Twitter to pay a monthly “journalism usage fee” based on […]
Actor Danny Masterson Found Guilty of Rape
“That ’70s Show” actor Danny Masterson has been found guilty of two counts of forcible rape by a Los Angeles jury in a retrial involving three women. The verdict was reached on Wednesday afternoon after six days of deliberation. Masterson had pleaded not guilty to three counts of felony rape, with the alleged attacks occurring […]
US Unemployment Claims Show Slight Rise Amid Strong Labour Market
The number of jobless benefit applications jumped marginally by 2,000 to 232,000 for the week ending May 27. However, the four-week moving average, which is considered a better representative of labor market conditions, decreased to 229,500, marking a drop of 2,500 and demonstrating the continued strength of the labor market. Despite a surge in job […]
Texas Governor Appoints John Scott As Temporary Replacement for Ousted AG Ken Paxton
Former Secretary of State John Scott, an ally of Donald Trump, has been appointed by Texas Governor Greg Abbott as the temporary replacement for Attorney General Ken Paxton. The state’s House of Representatives voted to impeach and suspend Paxton last weekend due to allegations of criminal misconduct. Scott’s appointment was announced by Governor Abbott, who […]
Big Gold Proceeds With Exploration Program At The Tabor Project
In the latest edition of The Daily Dive, we sit down with Scott Walters, President & CEO of Big Gold (CSE: BG).
Fyre Fest’s Billy McFarland Is Looking For Someone To Give Him $100K And A Summer House
Post-prison Billy McFarland is very eager to launch what he’s been calling his “PYRT ship.” After recently going on TikTok to announce that the Broadway musical that he’s calling “Fyre Festival 1.5” is happening, and that he is “in talks with partners” to pay back the $26 million he owes in restitution and to “execute […]
Freeland Backtracks, Puts $3-Billion More Into Trans Mountain Pipeline
Finance Minister Chrystia Freeland announced a public financing freeze on the Trans Mountain pipeline more than a year ago. Yet on March 24 and May 2, the Liberal Cabinet approved funds for the troubled project to the tune of $3 billion, split between two loan guarantees. The pipeline is a “integral part of Canada’s long-term […]
Binance Is Cutting 20% Of Its Employees Months After Changpeng Zhao Raised A Red Flag On Crypto Firms Having Layoffs
According to a Wednesday morning report by independent writer Colin Wu, Binance intends to lay off 20% of its 8,000 employees in June. According to Wu, layoffs have already occurred in numerous divisions at the crypto exchange. Soon after, Binance’s chief communications officer Patrick Hillmann responded to the claims in a series of tweets, stating […]
Erin O’Toole Reveals He Was Targeted By China Before 2021 Election
Former Conservative leader Erin O’Toole has revealed that he was targeted by a misinformation and voter-suppression operation conducted by the Chinese Communist Party (CCP) during the 2021 federal election in Canada. O’Toole made the revelation during a question of privilege in the House of Commons, stating that the Canadian Security Intelligence Service (CSIS) informed him […]