GDLS Canada Seeks Government Orders to Prevent Layoffs
General Dynamics Land Systems Canada is lobbying the federal government for new military vehicle orders as the London-based manufacturer faces potential layoffs without additional work, union officials said, according to a report from The London Free Press. The Oxford Street East facility needs an immediate order of 150 light armoured vehicles (LAVs) and a commitment […]
Gaming Giant Discord Reportedly Eyeing Public Listing
Social communications platform Discord is now preparing to enter the public markets with guidance from Goldman Sachs and JPMorgan, according to sources close to the matter. The San Francisco-based company, founded in 2015, has not confirmed a specific timeline, but people familiar with the discussions say Discord could begin trading by the end of this […]
Chinese Ownership In Musk’s SpaceX: Who Really Owns It?
Elon Musk’s privately held aerospace company SpaceX has reportedly quietly allowed Chinese investors to buy stakes through offshore secrecy hubs like the Cayman Islands. Testimony from court records in a recent Delaware corporate dispute reveals that these investments, though not illegal per se, are often shielded from close scrutiny, referred by experts as “a policy […]
GameStop Wants To Buy Bitcoin, To Raise $1.3 Billion
GameStop (NYSE: GME) has announced plans to raise $1.3 billion through a private offering of 0.00% Convertible Senior Notes due 2030, sparking comparisons to Michael Saylor’s high-profile Bitcoin strategy at MicroStrategy (NASDAQ: MSTR). According to GameStop’s recent press release, “GameStop expects to use the net proceeds from the offering for general corporate purposes, including the […]
Musk Says Trump’s Auto Tariffs Will Hurt Tesla
Tesla (Nasdaq: TSLA) CEO Elon Musk said on Wednesday that President Donald Trump’s new 25% tariff on imported vehicles and parts will significantly impact his company, directly contradicting Trump’s claim that the electric vehicle maker would benefit from the “America-first” measure. “To be clear, this will affect the price of parts in Tesla cars that […]
Poilievre Blasts Trump Tariffs, Announces Plan to Boost Canadian Investments
Conservative Leader Pierre Poilievre on Thursday called on US President Donald Trump to end his “disastrous tariff threats” against Canada while unveiling a new tax-free savings plan aimed at boosting domestic investment. “My message to President Trump is, knock it off,” Poilievre said during a campaign stop at Apollo Sheet Metal in Coquitlam, British Columbia. […]
Canada-US Travel Collapses As Trade Tensions Rise
Forward bookings for air travel are down 70%
Trump Tariffs Hit Steel Sector Jobs on Both Sides of Border
Hundreds of steel and aluminum workers across North America have lost their jobs following recent US tariffs, with thousands more at risk as additional trade measures loom, according to union officials and company statements. US President Donald Trump imposed tariffs on steel and aluminum on March 12, with more tariffs coming on April 2. In […]
G Mining Ventures Posts Q4 AISC Of Just $862 An Ounce In First Full Quarter Of Production
G Mining Ventures (TSX: GMIN) has posted financial results for its first full quarter of commercial production. The results follow their Tocantinzinho mine going into production in September 2024. The fourth quarter saw G Mining post revenue of $102.3 million, which is off the back of the sale of 39,938 ounces of gold at an […]
Aya Gold Posts Net Loss Of $26 Million For 2024
Aya Gold & Silver (TSX: AYA) has filed its fourth quarter and full year 2024 financial results. The fourth quarter saw revenues decline on a year over year basis, as a result of a since-completed expansion at the mine that impacted operations. Revenues for the fourth quarter totaled just $9.3 million, a 16% drop versus […]