FAA Grounds All Flights Across The US After System Outage, Flights To Resume At 9:00 AM
Flights across the United States were grounded Wednesday morning following a system outage according to the Federal Aviation Administration (FAA). All domestic departures will be paused until 9 a.m. EST. The FAA said on its website that the outage was because its Notice to Air Missions (NOTAM) system had failed. According to the FAA, a […]
Chamath Palihapitiya Predicts Elon Musk Will Take Starlink Public in 2023
SpaceX investor and former ‘SPAC King’ Chamath Palihapitiya believes that a Starlink IPO is the “simplest, most obvious way” for Elon Musk to achieve “complete financial flexibility” in 2023. Starlink is SpaceX’s satellite internet service that has over 1,000,000 active subscribers across the world’s seven continents. The service, which is run through a constellation of […]
Brazil Protests: What We Know So Far
Thousands of demonstrators descended on Brazil’s capital city over the weekend, storming numerous government buildings in a refusal to accept right-wing former president Jair Bolsonaro’s election loss to leftist rival Luiz Inacio Lula da Silva. The protestors, wearing Brazilian soccer team jerseys and touting Brazil’s flag, forcefully entered Congress, the Supreme Court, and the presidential […]
Coinbase Slashes Workforce 20% Amid Broader Crypto Downturn
Coinbase Global (Nasdaq: COIN) is preparing to lay off even more employees, in an effort to save cash amid a broader crypto downturn. In a blog post published Tuesday, CEO Brian Armstrong announced Coinbase is letting go another 950 employees, amounting to about 20% of the company’s workforce. He said the move was necessary in […]
Sweden Won’t Fulfill Turkey’s Conditions For a Vote on NATO Membership
Sweden is just itching to become part of NATO. But not too much, though, because the Nordic country likely won’t accede all of the conditions Turkish president Recep Tayyip Erdogan outlined in order to gain his approval. “Turkey both confirms that we have done what we said we would do, but they also say that […]
Elon Musk Urges Judge To Move Tesla Trial To Texas Over Negative Publicity In San Francisco
Tesla, Inc (Nasdaq: TSLA) CEO Elon Musk has requested to move the upcoming trial for a shareholder lawsuit out of San Francisco, saying that bad press about his takeover of Twitter could cause potential jurors to be biased against him. The motion, submitted late Friday, comes just a little over a week before the trial […]
Egg Prices Keep Soaring — But It’s Not Just About Inflation
The average price of eggs in the United States soared 49.1% in November, compared to the same period in 2021. It’s taken the top spot for the annual percentage increase among all common grocery items on the consumer price index, and it sits well above the “food at home” category which was at +12%, and, […]
Former FTX Chief Engineer Reportedly Met With US Prosecutors To Help Case Against Sam Bankman-Fried
The four main partners of bankrupt crypto exchange FTX could be up for a reunion, albeit in court. Former FTX engineering chief Nishad Singh reportedly met with federal prosecutors in an attempt to become the third member of Sam Bankman-Fried’s inner circle to seek a cooperation arrangement in the cryptocurrency exchange’s fraud lawsuit. This follows […]
INTERVIEW: Athena Gold Announces Fall 2022 Drill Program Results | CEO John Power
Joining SmallCapSteve today is John Power, CEO of Athena Gold Corp (CSE: ATHA). John sits down with Steve to chat about recently released drill results from their Excelsior Springs Project in Nevada, highlighting a new drill program in the freshly named Western Slope Zone. READ: Athena Gold Intersects 6.05 g/t Gold Over 27.4 Metres In […]
Did Crypto.com Restrict Tether From Canadian Users?
Rumors have been circulating that Singapore-based crypto exchange Crypto.com has delisted Tether (USDT), including all trading pairs with the firm’s stablecoin. The move is said to be effective starting January 31, 2023. “Please take urgent action to review your USDT balance and take any necessary action (e.g. withdrawal or conversion) before the effective date,” the […]