Is Royal Bank Of Canada Hurting From Office Lease Rates?
Royal Bank of Canada (TSX: RY) has asked employees to return to the office three to four days per week as corporations struggle to persuade employees to abandon their work-from-home arrangements. RBC announced in an internal message to staff on Tuesday that from May 1, employees will be able to work from home one or […]
Jerome Powell Delivers 25 Basis-Point Rate Hike
To the horror of markets, Fed Chairman Jerome Powell raised borrowing costs another 25 basis points, opting to salvage what confidence is left in the central bank and continue the fight against inflation rather than appease horrified banks whose deposits are in peril. First and foremost assuring everyone that there’s nothing to worry about because […]
Lawyer Of Class Action Suit Against BitBoy Crypto Decries Harassment
Lawyers representing a class-action lawsuit against “BitBoy Crypto” YouTuber Ben Armstrong and other crypto celebrities for allegedly promoting failed cryptocurrency exchange FTX have claimed Armstrong has made many threats against them. According to a March 20 court filing in a Florida district court by the class action’s lawyers, Armstrong “began harassing” the lawyers after the […]
Trillion Energy: 4 For 4 On Well Development Success at SASB — With Arthur Halleran
Joining us on the Daily Dive today is Arthur Halleran, President & CEO of Trillion Energy International (CSE: TCF). Arthur returns to the Dive to discuss the impact of elections in Turkey, production results from its SASB gas field, and provide first quarter updates on the company. We close out the interview by discussing what […]
Nothing To See Here: Janet Yellen Reassures Everyone ‘The US Banking System Remains Sound’
Treasury Secretary Janet Yellen has made an embarrassing and confusing flip-flop on which banks do and don’t get a lifeline, this time reassuring the world that the US financial system is stable thanks to the government’s reversal to protect even more uninsured deposits. In a speech before the American Bankers Association on Tuesday, Yellen said […]
Doug Ford Doesn’t Want Cannabis-Smoking Lounges In Ontario: “Do It Somewhere Else”
Ontario Premier Doug Ford is thumbing down the proposal from the Ontario Chamber of Commerce to allow cannabis-smoking lounges in the province. “I don’t like the idea of having a lounge outside and they’re smoking or doobies or weed or whatever the heck they call it now,” the premier said. As part of its 2023 […]
For Cathie Wood, It’s Not A $2-Billion Loss. It’s Tax Relief.
Cathie Wood pointed out one silver lining in her exchange-traded funds’ terrible run last year: the billions of dollars in losses will help offset future tax obligations on gains. ARK Investment Management’s founder and CEO told Bloomberg TV on Tuesday that she has over $2 billion in losses from selling stocks during the market crash. […]
Slave Lake Zinc: It’s Role In Revitalizing Development In The Northwest Territories
The Northwest Territories was built and supported by mining. It all began when a prospector named Johnny Baker staked mineral claims on a property 5 kilometres north of what today is the city of Yellowknife, and discovered gold on the property in 1935. As a result of this discovery, Consolidated Mining and Smelting Company of […]
Valeura Energy Adds 21,200 bbls/d To Production With Closing Of Thailand Acquisition
Valeura Energy (TSX: VLE) has closed its acquisition of certain producing oil and gas assets in the country of Thailand. The assets are said to consist of operating interests in three separate offshore oil fields. Originally announced in early December, Valeura has acquired Busrakham Oil and Gas, which was an operating subsidiary of Mubadala Energy. […]
Power Nickel Anticipates $5.0 Million Financing Will Be Oversubscribed
Power Nickel (TSXV: PNPN) is expecting its recently announced flow through financing to be oversubscribed. The financing was initially pegged at $5.0 million. The funding round consists of the sale of flow through units at a price of $0.50 per each, with the company setting out to sell 10.0 million units. Each unit contains one […]