Former Senior CIA Official Admits Faking Classified Programs To Buy Gold Bars, Florida Homes
Investigators found more than 300 gold bars and about $2 million in cash at his home in May. DOJ’s forfeiture tally now lists 298 bars, 30 luxury watches and two BMWs.
Cleveland-Cliffs Gets Five Business Days To Back Stelco Job Pledges Or Risk A Court-Ordered Sale
Stelco plans to idle its Hamilton cold-rolled and coated lines and lay off up to 500 workers, but Ottawa says the 2024 job commitments still apply. A judge could order compliance, penalties or a sale.
FICO Cuts 15% of Jobs Weeks After Losing Its Mortgage Scoring Exclusivity
The filing puts the charges at about $27 million for severance and related costs, with notices going out this week. The company hasn’t said which teams or locations are affected.
US Embassy Issues Health Alert After Suspected Plague Death In Siberia
Washington has formally asked Moscow for details on a lab worker’s death, while Russia insists pneumonia of unknown cause killed her. The WHO says no cause has been officially established.
Sponsored · Selkirk Copper Mines
Gas Line Rupture Idles Venezuela’s Cardón Refinery
A gas line fire idled Venezuela’s second-largest refinery on Tuesday. PDVSA reports no injuries or major damage and says fuel inventories will keep supply steady, but the plant was already running well below its 310,000 bpd capacity.
What Changes When Canada’s Defence Buyer Becomes a Crown Corporation
The Liberal government reportedly plans to turn the Defence Investment Agency into a Crown corporation, formalizing an organizational model Ottawa was already using in one significant respect: how it pays the agency’s chief executive. Doug Guzman, the former Royal Bank of Canada executive appointed to run the DIA, has an official salary range of $577,300 to […]
Vitol Warns Losing Middle East Flows Risks Oil At $200
Oil futures fell below $100 per barrel Tuesday as Middle East exports recovered, but some of the industry’s largest companies say the physical market remains far tighter than the futures price suggests. Vitol CEO Russell Hardy said approximately 12 million barrels per day of crude oil and another 2 million bpd of refined products had […]
TotalEnergies CEO Prefers ‘World of Disruption’ as Profits Surge
TotalEnergies is taking one of its clearest demonstrations yet of why owning the entire energy chain can pay during a crisis: the Middle East conflict has knocked barrels out of its upstream portfolio while simultaneously producing much larger earnings across refining, trading, and commodity exposure. The tension provided the financial backdrop to CEO Patrick Pouyanné’s […]
Sponsored · Altamira Gold Corp.
Trump Says Iran War Costs Are ‘Small Price To Pay’: They Could ‘Take Out Los Angeles, San Diego’
President Donald Trump’s effort to defend the economic cost of the Iran war turned into a new political controversy Monday after he told supporters that Iran could “take out” Los Angeles or San Diego while arguing that wartime price increases were a “small price to pay.” Speaking at a campaign rally in Grand Island, Nebraska, […]
Torex Gold Produces 131,900 Gold Equivalent Ounces in Q3, Tracks Toward Guidance Midpoint
Torex Gold (TSX: TXG) produced 131,900 gold equivalent ounces in the third quarter of 2026, leaving the miner well placed to land at the midpoint of its full year guidance. Gold accounted for 98,685 ounces of that total, alongside 614,300 ounces of silver and 16.3 million pounds of copper. Sales after payable deductions came to […]