BlockFi Files Financial Statements With Bankruptcy Court: Who Won, Who Lost
Crypto lender BlockFi’s newest court filing in its chapter 11 proceedings has shed a new light on the company’s financial dealings prior to its bankruptcy application. The company filed its Schedules of Assets and Liabilities and its Statement of Financial Affairs on Wednesday. In the presentation, the firm showed the crypto balances the BlockFi management […]
Rivian: Several High Ranking Executives Make Their Exit
On January 10, The Wall Street Journal reported that several long-tenured top executives, including the heads of car body engineering and supply chain, recently left electric vehicle (EV) start-up Rivian Automotive, Inc. (NASDAQ: RIVN). The departures are curious as Rivian seems poised to increase production significantly in 2023, which in turn should cause cash flow to improve from very […]
BMW Adds Remote Engine Starter to List of Subscription-Based Features
While automakers, in the spirit of flexibility, used to only include advanced features in their typically expensive subscription programs, they’ve now fallen into adding even what should be considered basic features, like BMW’s Remote Engine Starter, to the list. BMW had already been criticized when it launched the $18 per month subscription for heated seats […]
Terra Balcanica: A Pivotal Year Ahead – With Aleksandar Miskovic
Joining us today on SmallCapSteve is Alex Mišković, Co-Founder, President & CEO of Terra Balcanica Resources Corp (CSE: TERA). Alex sits down with us to discuss recently released preliminary drill results from the Chumavichi target at the Viogor-Zanik project. This then transitions us into Terra’s plans for 2023, which he says will be “the pivotal […]
French Labor Unions Are Angry They’ll Need To Work Longer, New Retirement Age Will Still Be Below EU, G7 Average
The French government on Tuesday announced plans to extend the official retirement age from 62 to 64 by 2030. Labor unions have responded by calling for nationwide strikes beginning next week to protest the reform. The new legislation will gradually increase the retirement age by three months each year until 2030. It would also require […]
US Safety Agency Retracts: No Plans To Take Gas Stoves Away
The US Consumer Product Safety Commission (CPSC) Chair Alexander Hoehn-Saric issued a clarification on Thursday about the circulating news that the agency is coming up with a plan to ban gas stoves. “Research indicates that emissions from gas stoves can be hazardous, and the CPSC is looking for ways to reduce related indoor air quality […]
Stephanie McMahon Steps Down As WWE Rumored To Have Been Sold To Saudi Arabia
Stephanie McMahon’s stint as WWE (NYSE: WWE) co-CEO and chairwoman seems short-lived, and possibly permanent. The female executive announced that she’s stepping down just days after her father, Vincent McMahon, returned to the company’s board of directors and reappointed himself as executive chairman. READ: WWE Is Back! Vince McMahon Returns to Board Following Hush Money Scandal […]
Royal Helium Secures Liquefaction Tolling Arrangement For Steveville Production
Royal Helium (TSXV: RHC) has assembled another piece of the production puzzle this morning, after it entered into an agreement for liquefaction of its helium produced from the Steveville property. The firm has entered into a liquefaction tolling arrangement with Tumbleweed Midstream, which will see the firms gaseous helium transformed into liquid helium, enabling the […]
Terra Balcanica Intersects 11 Metres Of Massive Sulphides In Latest Drilling
The latest preliminary results are in from Terra Balcanica’s (CSE: TERA) ongoing drill program at the Viogor-Zanik project, found in Bosnia and Herzegovina. Results come from step-out drilling focused on the Cumavici Ridge target. The latest drilling has seen drill holes CMVDD004 and CMVDD005 intersect visible massive sulphides. CMVDD004 is said to have intersected 10 […]
First Lithium To Conduct Further Geophysics At OCA Lithium Project
First Lithium Minerals (CSE: FLM) is kicking off the new year with further exploration at its OCA lithium project, which is found in Northern Chile. The firm has indicated that it will be conducting further geophysics at its property as it works to better understand the underlying geology. The company has begun the use of […]