Archives

Netflix Shifts Warner Bros Deal To All-Cash

Netflix (NASDAQ: NFLX) and Warner Bros Discovery (NASDAQ: WBD) amended their definitive agreement this past week, converting the pending transaction into an all-cash structure while keeping the headline consideration unchanged at $27.75 per Warner Bros share. Under the revised structure, Warner Bros shareholders are slated to receive $27.75 per share in cash, and also retain […]

Champagne Rules Out Paying $1B To Join Trump Peace Board

Finance Minister François-Philippe Champagne is adamant that Canada will not pay the reported US$1.0 billion membership fee to President Donald Trump’s “Board of Peace,” according to a report by The Globe And Mail. Champagne even noted that Ottawa is still debating whether it’s strategic to join at all. The report further noted tht he declined […]

Trump Privately Turns To Canada On Arctic Defense Spending

Amidst all the Greenland deal talk, President Donald Trump is privately intensifying his focus on Canada, arguing in recent weeks that Ottawa is vulnerable to Russian and Chinese encroachment in the Arctic and needs to spend more on defense, according to multiple current and former US officials familiar with the discussions cited by NBC News. […]

NYSE Targets 24/7 Tokenized Stocks With Instant Settlement

The NYSE, part of Intercontinental Exchange, has said it is developing a platform for trading and on-chain settlement of tokenized securities and will seek regulatory approvals before launch. The platform is designed to enable 24/7 trading, instant settlement, stablecoin-based funding, and order sizing in dollar amounts rather than share quantities. NYSE said the system pairs […]

Ottawa Courts Chinese JVs To Build Canadian EVs

Canada’s EV strategy now turns on a narrow trade-off: Ottawa is lowering the cost of entry for a capped number of Chinese-made EVs while trying to turn that access into future investment in Canadian auto production. AP reported that Canada agreed to cut its tariff on Chinese EVs from 100% to 6.1%, with initial imports […]

Dalio Warns of ‘Capital Wars’ as Markets React to Trump Greenland Push

Billionaire investor Ray Dalio warned Tuesday that escalating tensions over Greenland could trigger what he termed capital wars, with countries potentially dumping US assets as trust in American financial leadership erodes. Speakingto CNBC at the World Economic Forum, the Bridgewater Associates founder cautioned that geopolitical conflicts increasingly threaten to spill beyond trade disputes into capital […]

Ontario Housing Starts Fall 31% In Toronto As Ford’s 1.5M Target Slips Further

Ontario saw a sharp decline in housing construction in 2025, with Toronto posting a 31% drop in housing starts that has put Premier Doug Ford’s goal of building 1.5 million homes by 2031 increasingly out of reach. Housing starts across the Greater Toronto Area and Greater Golden Horseshoe region fell more than one-third in the […]

US Drops Security Protection for Oil Companies Operating in Venezuela

Energy Secretary Chris Wright said Thursday the US will not provide security guarantees to oil companies operating in Venezuela, backing away from President Trump’s promise of “total safety” after executives rejected the administration’s $100 billion investment pitch. “We are not going to get involved in providing on the ground security for people in Venezuela,” Wright […]

Georgia Financial Adviser Pleads Guilty to $380 Million Ponzi Scheme

A Georgia financial adviser admitted Wednesday to orchestrating the largest Ponzi scheme in state history, defrauding more than 2,000 investors of $380 million to finance a lavish lifestyle of yachts, luxury condos and private jets. Todd Burkhalter of St. Petersburg, Florida, pleaded guilty to wire fraud in federal court. He founded Drive Planning LLC, an […]

European Lawmakers Warn Trump Could Cut Off Visa, Mastercard Access Across Continent

European lawmakers are sounding an alarm over the continent’s near-total dependence on American payment networks, warning that President Donald Trump could weaponize Visa and Mastercard to cut off transactions across Europe with little warning. “Visa, Mastercard… the emergency is our payment system. Trump can cut us off completely,” Aurore Lalucq, chair of the European Parliament’s […]