Three Canadian Premiers Unite on Energy Infrastructure to Counter Trump Tariffs
The premiers of Ontario, Alberta and Saskatchewan signed a comprehensive agreement Tuesday to build new pipelines and rail lines connecting western oil and gas to eastern markets, as the three provinces position Canada to reduce dependence on U.S. trade amid President Donald Trump’s tariff threats. The memorandum of understanding calls for feasibility studies on east-west […]
House Panel Votes to Subpoena Justice Department for Epstein Files
Rep. Summer Lee successfully pushed through a motion Wednesday compelling the Justice Department to turn over Jeffrey Epstein-related files, securing bipartisan support in a House subcommittee despite Republican leadership’s resistance to the issue. The Federal Law Enforcement Subcommittee approved the motion 8-2, with three Republicans joining all Democrats in a surprise vote that exposed divisions […]
Nate Anderson Dismantles Tucker Carlson’s Trevor Milton Narrative
Hindenburg founder Nate Anderson says Tucker Carlson’s Trevor Milton interview is “bizarre and fantastical,” after the full discussion was uploaded on the conservative host’s platform on X. Carlson and Milton dived into how Hindenburg was instrumental in the Justice Department’s investigation on Nikola—the company that Milton founded—and characterized Anderson’s actions as self-serving to be working […]
Bezos Explores Potential CNBC Purchase, Report Says
Billionaire Jeff Bezos has shown interest in potentially acquiring CNBC when Comcast spins off the business news channel later this year, The New York Post reported Tuesday. The Amazon (Nasdaq: AMZN) founder has discussed the possibility with business contacts, according to sources cited by the newspaper. CNBC broadcasts programs including “Squawk Box” and “Mad Money […]
Three Miners Trapped Underground At Newmont’s Red Chris Mine
Rescue teams worked Wednesday to reach three miners trapped underground at a British Columbia copper and gold mine after twin ground collapses blocked their escape route. The miners — two from British Columbia and one from Ontario — were working Tuesday at the Red Chris mine when ground failures trapped them in an underground tunnel, […]
Loblaw Q2 2025 Earnings Jumped 56%, Largely Thanks To Accounting
Loblaw Companies (TSX: L) posted Q2 2025 revenue of $14.67 billion, up 5.2% YoY and 3.8% from the prior quarter. On operations, same-store food sales rose 3.5%, barely ahead of internal food inflation of 3.3%. Hard discount banners drove the gains, while drug retail comps added 4.1%, but that included a 6.2% lift from high-margin […]
Teck Resources Slashes Copper Guidance Despite Q2 2025 Profit Jump
Teck Resources (TSX: TECK.B) released its financial results for Q2 2025, headlined by a 12.3% YoY revenue climb to $2.02 billion, yet holding margin almost flat at 23.3%. Profit before tax surged to $125 million from just $20 million a year earlier, while net profit jumped to $206 million (or $0.42 per share) against $21 […]
Spirit Blockchain Outlines Crypto Strategy For ‘Spirit 2.0’
Spirit Blockchain Capital (CSE: SPIR) this morning announced that they are launching what they deem as the next step of their strategic evolution, Spirit Blockchain 2.0.
NexGen Acquires 10% Carried Interest On Certain Claims From Rio Tinto
NexGen Energy (TSX: NXE) has acquired a 10% production carried interest that was previously held by Rio Tinto. The interest was held on over 39 mineral claims held by NexGen within the southwest Athabasca Basin. The carried interest was acquired by NexGen following the exercise of a right of first refusal that they held on […]
Palisades To Issue $20 Million In New Found Gold Stock To Shareholders
Palisades Goldcorp (TSXV: PALI) has announced a plan to dividend out certain shares of New Found Gold (TSXV: NFG) as part of plan deemed to be a “return of capital” transaction for shareholders. The arrangement will see $20 million worth of New Found Gold shares issued to shareholders on a pro-rata basis, with the transaction […]