Teck Receives Approval From Peruvian Regulator For Copper Project
Teck Resources (NYSE: TECK) has received regulatory approval for one of its up and coming Peruvian copper assets, as it works to expand its copper business. The approval is for the firms Zafranal copper project, which the company refers to as a mid-sized copper-gold development project, which is found in the porphyry copper belt of […]
Why NBCUniversal’s Linda Yaccarino Makes Sense As New Twitter CEO (But Only For Elon Musk)
NBCUniversal’s head of advertising, Linda Yaccarino, is reportedly in talks to become the new CEO of Twitter, after Elon Musk tweeted that he’s hired a female executive to be the next chief of the social media platform in six weeks. Yaccarino, NBCU’s head of global advertising and partnerships, has been an industry advocate for improved […]
Mako Mining Sees Gold Production Slide In First Quarter
Gold production by Mako Mining (TSXV: MKO) at San Albino in the first quarter of 2023 took a sharp downward turn. Gold equivalent ounces produced by the company declined 17% from the prior quarter. Mako managed to produce a total of 8,374 gold equivalent ounces during the third quarter, versus 10,091 ounces in the fourth […]
DCG Still In Discussions, Genesis Creditors Still In Limbo
The parent business of crypto firm Genesis Capital, Digital Currency Group (DCG), has revealed it has no solution to its “outstanding intercompany obligations” that could help reimburse creditors. In response to creditor demands, DCG said it was in the middle of a 30-day mediation phase with Genesis. In February, the firm offered a settlement proposal […]
Hulu Content Will Be Added to Disney+ by the End of 2023
The Walt Disney Company (NYSE: DIS) CEO Bob Iger announced on Wednesday that Hulu content would soon be incorporated into Disney+ as part of the company’s “one-app experience” offering that would be available by the end of the year. “While we will continue to offer Disney+, Hulu, and ESPN+ as standalone options, this is a […]
MrBeast Buys Up Neighborhood for His Nearest and Dearest
YouTube megastar Jimmy Donaldson, better known as MrBeast, has quietly been buying homes in his hometown of Greenville, North Carolina, for himself, his family, and his employees, according to the New York Post. Donaldson is known for starting a genre of videos featuring expensive stunts, and over-the-top, sometimes life-threatening challenges. His main channel was 2022’s […]
Marathon Digital Narrows Q1 2023 Net Loss, But Adds Subpoena From SEC
Marathon Digital Holdings’ (Nasdaq: MARA) loss and revenue for the first quarter improved significantly over the previous quarter, thanks to bitcoin’s gain and lower mining costs during the three-month period. The company maintained its target of reaching 23 exahash per second by the middle of 2023, “with more hash rate coming online in the months ahead,” […]
Robinhood Launches 24-Hour Weekday Trading
Beginning May 16, Robinhood (NASDAQ: HOOD) will start rolling out 24-hour trading of “43 of the most traded ETFs and individual stocks” five days a week. The brokerage announced on Wednesday that the feature will allow trading between 8 p.m. ET Sunday and 8 p.m. ET Friday for the selected securities, including Amazon.com, Apple, and […]
Did Kim Jong-Un Get A Fake Passport Just to Visit Disneyland?
Scans of what appear to be fraudulent Brazilian passports obtained by North Korea’s ruling family in the 1990’s first reported by Reuters in 2018 have resurfaced online via Twitter. At the time, a Brazilian security source told the news outlet that the documents “appeared to be genuine.” The passports issued by the Brazilian embassy in […]
Disney Narrows Streaming Losses, But Also Lost Subscribers In Fiscal Q2 2023
Walt Disney Co (NYSE: DIS) announced on Wednesday that it cut streaming losses by $400 million in fiscal second quarter of 2023 compared to the previous quarter while also losing subscribers. A price increase and lower marketing expenses aided the streaming unit’s performance, which completed the three-month quarter with a $659 million operating deficit. The division […]