Congress Introduces SAFE Banking Act… Again
On Wednesday, a bipartisan group of senators reintroduced the Secure and Fair Enforcement (SAFE) Banking Act in the United States Senate and House of Representatives, aiming that a bicameral push would increase the bill’s chances of becoming a law. This bipartisan bill, introduced by Democratic Sen. Jeff Merkley and Rep. Earl Blumenauer with Republican Sen. […]
Fox News Viewership Dives After Tucker Carlson’s Firing
As expected, Fox News ratings took a massive dive on Monday evening following the sudden dismissal of Tucker Carlson, its primetime star. The replacement show, Fox News Tonight, hosted by Fox News contributor Brian Kilmeade who is the first in a series of a rotating cast, clocked in a rating of 0.24 for the key […]
Roku Q1 2023 Financials: Revenue Up 1%, Expenses Spiked 42%
Roku Inc (Nasdaq: ROKU) reported its Q1 2023 financial results on Wednesday. The firm earned a quarterly revenue of $741.0 million, down from Q4 2022’s $867.1 million but marginally up from Q1 2022’s $733.7 million. The 1% year-on-year increase in net revenue is heavily tied to the annual bump of 18% in devices revenue, posting $106.4 […]
Elizabeth Holmes Delays Prison Sentence Following New Appeal
Disgraced Theranos founder and convicted fraudster Elizabeth Holmes has been allowed to delay the 11-year prison sentence that she was supposed to begin at 2 p.m. on Thursday, April 27. Holmes’ lawyers are appealing her guilty verdict to the 9th U.S. Circuit Court of Appeals in San Francisco. This week, they requested for Holmes, who […]
Suncor Energy Drops $5.5 Billion To Acquire TotalEnergies Canadian Operations
Suncor Energy (TSX: SU) is taking full control of the Fort Hills oil sands project in the Fort McMurray region of Alberta, while also taking a 50% working interest in the Surmont in-situ asset in the region as well. The acquisition follows the firm entering a transaction with TotalEnergies EP Canada, whom is selling its […]
Odd Burger Enters Non-Binding LOI To Acquire Zoglo’s Food Corp
Consolidation is coming to the plant-based meats sector. Last night after the closing bell, vegan fast food chain Odd Burger Corp (TSXV: ODD) revealed that it has entered into a non-binding letter of intent to acquire Zoglo’s Food Corp (CSE: ZOG), a plant-based food manufacturer. The rationale behind the acquisition lies in the distribution network […]
Power Nickel Hits 0.97% nickel, 0.45% Copper Over 16.4 Metres At Nisk
Power Nickel (TSXV: PNPN) has received the final drill results from its fall 2022 exploration program and early results from its 2023 program, which were conducted at the Nisk Project, found near to James Bay, Quebec.
More Canadians Have Mortgage Amortization Periods Over 30 Years
A growing number of Canadian homeowners are choosing to pay off their mortgage loans over 30 years or more as persistently high interest rates and inflation continue to bite. A new report from the country’s banking industry regulator found that amortization periods, or the length of time it takes to pay off a mortgage in […]
Tesla Model Y Is Now Cheaper Than The Average New Car In The US
Last week, Tesla (Nasdaq: TSLA) cut US prices for the fifth time for the Model Y. The aggressive move has now brought the starting price of Tesla’s best-selling model below the average price of a new vehicle in the US. The Model Y SUV is now $759 cheaper than the average new car or truck […]
Tucker Carlson Returns At 8PM.. Via Twitter
Tucker Carlson, the former host of Fox News’ Tucker Carlson tonight before he was fired on Monday, appears to be having a bit of a hard go finding employment among major media networks. He continued his routine 8:00 PM appearance this evening, although on a different medium. Within his two minute monologue, he discuss how […]