Judge Calls DOJ’s Effort to Unseal Epstein Grand Jury Transcripts ‘A Diversion’
A federal judge on Tuesday rejected the Justice Department’s request to unseal grand jury transcripts from the 2019 Jeffrey Epstein sex trafficking case, marking the third court to deny the Trump administration’s push for disclosure and suggesting the effort was aimed at creating an illusion of transparency rather than revealing meaningful information. US District Judge […]
Volkswagen Charges Monthly Fee to Unlock Car’s Full Horsepower
Volkswagen (ETR: VOW3) is requiring owners of certain electric vehicles to pay a monthly subscription fee to access their car’s full horsepower, marking the latest example of automakers placing built-in features behind digital paywalls. The German automaker’s ID.3 Pro and Pro S electric vehicles sold in the United Kingdom come with 201 horsepower in standard […]
Elon Musk Ordered to Defend Against Voter Fraud Claims in Federal Court
A Texas federal court has rejected Elon Musk’s attempt to dismiss fraud allegations stemming from his controversial pre-election petition drive that promised daily $1 million prizes to participants. Judge Robert Pitman ruled Wednesday that plaintiff Jacqueline McAferty presented sufficient evidence that the billionaire and his America PAC may have deceived voters about the nature of […]
Kazatomprom Cuts Nominal Output By “5% Of World’s Supply”
Kazatomprom has reported its H1 2025 results, only to be overshadowed by a production capacity cut as it announces its 2026 production strategy. After a review of market conditions and new-mine timelines, Kazatomprom lowered its 2026 nominal licensed production level (100% basis) to 29,697 tU (77 Mlbs) from 32,777 tU (85 Mlbs)—a 10% cut, largely […]
Pentagon Preparing Attack Options for Mexican Cartels
The Trump administration has directed the US military to prepare options for lethal strikes against drug cartel targets inside Mexico, with operations to be ready by mid-September, according to a report citing three military sources. Independent journalist Ken Klippenstein reported Thursday that a Top Secret planning order issued in late spring tasked US Northern Command […]
Musk, X Corp Strike Tentative Severance Payout On Ex-Twitter Employees
Elon Musk and X Corp have reached a tentative settlement to resolve a class action by former Twitter employees over unpaid severance tied to the 2022 takeover and mass layoffs. The lawsuit had sought $500 million and was led by ex-employees Courtney McMillan and Ronald Cooper. The workers alleged Twitter’s 2019 severance plan entitled most […]
First US Strategic Minerals Reserve Is Coming: What Minerals Are In Focus
A public-private initiative will establish the first Strategic Minerals Reserve in US, headquartered at the Hawthorne Army Depot in Mineral County, Nevada. Nevada-based critical minerals developer M2i Global and aviation company Volato Group will spearhead the effort, with the Department of Defense, Defense Logistics Agency, and the Department of Energy supporting the project. The design […]
Quebec Liquor Board May Destroy $300K in US Alcohol Over Trump Tariffs
Quebec’s provincial liquor board faces the prospect of destroying $300,000 worth of American alcohol that has been banned from store shelves since March in response to tariffs imposed by President Donald Trump. The Société des alcools du Québec has kept US alcohol purchased before the March 4 boycott in storage, but may be forced to […]
Ford Floats Province Buying Stelco Amid US Tariff Dispute
Ontario Premier Doug Ford suggested Wednesday that the province could purchase steelmaker Stelco from its American owner, after criticizing the company’s CEO for supporting tariffs that penalize Canadian steel exports. Ford made the remarks during a $70 million funding announcement for worker retraining programs in Hamilton, home to Stelco’s operations. The premier criticized Cleveland-Cliffs (NYSE: […]
MEG Energy To Be Acquired By Cenovus At $7.9 Billion Valuation
MEG Energy (TSX: MEG) has officially become the focus of a bidding war. The company this morning indicated that it has entered into an agreement with Cenovus Energy (TSX: CVE) to be acquire in a deal valuing the company at $7.9 billion. The arrangement agreement follows Strathcona Resources (TSX: SCR) earlier this year making a […]