“Enough With The Woke Sh*t!”: MP Michelle Rempel Garner Says Canadians Have Had Enough
On Tuesday, the House of Commons heard some “unparliamentary” language from the immediately apologetic Conservative MP Michelle Rempel Garner when she called on the Trudeau government to stop the “woke sh*t.” Rempel Garner was speaking at a House debate over Bill C-30, the $4.5 billion credits and payouts package that aims to ease the cost […]
Apollo Global, Sixth Street Both Out Of Twitter Buyout Financing; Elon Musk Says They Were Never In
In a fresh “much-ado-about-nothing” moment with Elon Musk, the billionaire quelled the splash made by headlines about Apollo Global Management Inc (NYSE: APO) and Sixth Street Partners reportedly backing out of the deal to provide financing for the proposed US$44 billion Twitter (NYSE: TWTR) buyout. According to Reuters, Apollo and Sixth Street were in talks […]
Green Thumb Sees Half Of Board Of Directors Resign Over Personal Misconduct Policy Disagreement
It’s a bad day for those in the cannabis industry. After Constellation Brands was forced to take a $1.0 billion impairment this morning on its Canopy Growth investment due to terrible performance, Green Thumb Industries (CSE: GTII) is reporting that three directors have resigned. The resignations are reportedly due to a disagreement. The disagreement is […]
Canopy Growth Investment Results In $1.0 Billion Impairment For Constellation Brands
Canopy Growth Corp (TSX: WEED) continues to cause problems for Constellation Brands (NYSE: STZ). The latter this morning reported its second quarter 2023 financial results, and as we had predicted, was forced to take a significant write-down on the value of its Canopy investment. The ongoing poor performance of the cannabis company hit a crescendo […]
Spey Resources Begins Mobilization For Lithium Brine-Focused Drill Program
Spey Resources (CSE: SPEY) is gearing up to begin drill testing its Pocitos 2 concession, which is found in Argentina. The firm this morning revealed that it has begun mobilization for the planned drill program that is set to begin in November. The program is set to see a 400 metre deep exploration well drilled […]
Europe To Force Apple Into Using USB-C For Its Chargers
Europe will soon say goodbye to the Lighting cable as the European Parliament has voted to require companies to adapt products — including iPhones — to use the USB-C as the standard for chargers. The proposal, which was voted on Tuesday, is meant to help cut down environmental waste and slash costs for consumers (up […]
Tesla: Canaccord Says Investors Should “Mind The Gap”
Over the weekend, Tesla (NASDAQ: TSLA) was one of many automotive companies to announce their third-quarter production and delivery numbers. The company announced that production during the third quarter was 365,923 cars, of which 19,935 were Model S/X, and 345,988 were Model 3/Y cars. At the same time, deliveries were 343,830 cars, with 18,672 Model […]
Canada’s Largest Real Estate Market Goes Cold as Rising Interest Rates Bite
Canada’s largest real estate market has not been faring too well since the Bank of Canada embarked on the most hawkish tightening cycles among its G7 counterparts. Latest data from the Toronto Regional Real Estate Board (TRREB) showed Toronto home prices fell 1.2% between August and September, marking a 17% decline since the spring peak. […]
Russia Sanctions Extend To Delaware Startups, Firms’ Lawyer Calls Out State: “Holier Than The Pope”
Sanctions on Russia have now extended to startup ventures with past links to the invading nation as Delaware started to prevent said firms from doing business in the US state. According to attorneys and startup founders, the Delaware Division of Corporations informed dozens of Delaware-incorporated technology companies this year that they cannot conduct further business […]
Russia Plans To Test ‘Doomsday’ Nuclear Weapon Near The Ukrainian Border
NATO has reportedly issued an intelligence assessment to its members and allies warning that the Kremlin intends to test “doomsday” nuclear torpedo drones near the Ukrainian border in the Black Sea. Nuclear-capable torpedo drone Poseidon, dubbed “weapon of the apocalypse”, is believed to be carried by the Russian submarine K-329 Belgorod. The underwater vehicle, believed […]