Canada Blocks Tesla From EV Rebates
Canada has frozen all electric vehicle rebate payments for Tesla (Nasdaq: TSLA) and banned the American automaker from future incentive programs, Transport Minister Chrystia Freeland said on Tuesday, citing US tariffs imposed by President Donald Trump. The government has halted approximately C$43 million ($30 million) in rebate payments until each claim is individually investigated and […]
‘Rent-A-Cops for CEOs’: New Report Reveals FBI Spying On Online Critics of Business Leaders
The FBI is treating sarcastic social media posts about high utility bills as potential threats to corporate executives in what critics call an alarming expansion of counterterrorism tactics, according to an FBI threat assessment document obtained through a Freedom of Information Act request. The document, titled “Heightened Threat to Chief Executive Officers Following the Shooting […]
Kremlin Sets Sanctions Relief as Condition for Black Sea Deal Implementation
Moscow has attached significant economic preconditions to a limited Black Sea navigation agreement brokered by the White House, demanding the lifting of Western sanctions before implementation, the Kremlin announced Tuesday. “We’re thinking about all of them right now,” US President Donald Trump told reporters when asked about Russia’s demands. “There are five or six conditions. […]
‘BitBoy’ Arrested Again After Sending Emails to Judge
Self-described “crypto icon” Ben Armstrong, known as “BitBoy,” has been arrested and is being held without bail after sending multiple emails to a judge overseeing a defamation lawsuit against him, according to correctional records. The Volusia County Division of Corrections has classified Armstrong as a fugitive from justice. This marks his second arrest since September […]
Court Approves Sale of 23andMe DNA Data in Bankruptcy Proceedings
Genetic testing company 23andMe has received permission from a US bankruptcy judge to sell customers’ medical and ancestry-related data, raising significant privacy concerns as the company’s most valuable asset heads to auction. US Bankruptcy Judge Brian C. Walsh has set a May 7 deadline for definitive offers and scheduled a final hearing on June 17, […]
SoftBank Set to Lead Massive $40 Billion Investment in OpenAI
OpenAI is finalizing a landmark $40 billion funding deal spearheaded by SoftBank Group Corp. (TYO: 9984), according to sources familiar with the negotiations, potentially creating the largest private financing round in tech history. The investment would propel the ChatGPT creator’s valuation to approximately $300 billion, reflecting an extraordinary trajectory for a company that was valued […]
Spirit Blockchain To Launch First Ethereum, Solana Exchange Traded Products
Spirit Blockchain (CSE: SPIR) is set to see its Spirit Digital AG subsidiary launch the first of its exchange traded products.
Wallbridge Renewed PEA Outlines $706 Million NPV For Fenelon Project
Wallbridge Mining (TSX: WM) has released an updated preliminary economic assessment for its Fenelon Gold project in Quebec. The study has outlined an after-tax net present value of $706 million and IRR of 21% for the project, based on $2,200 an ounce gold and a 5% discount rate. At $3,000 an ounce gold, that valuation […]
Jaguar Mining Agrees To US$10 Million In Victim Compensation For Tailings Landslide
Jaguar Mining (TSX: JAG) has reached a settlement with the Public Defender’s Office of Minas Gerais following a December landslide at its Turmalina Mine that resulted in the destruction of several homes in the nearby town of Casquilho. Total compensation under the agreement is estimated at approximately US$10 million at current exchange rates, with the […]
Hot Chili Outlines $1.2 Billion Net Present Value For Costa Fuego In Pre-Feasibility Study
Hot Chili Limited (TSXV: HCH) has completed a pre-feasibility study on its Costa Fuego copper-gold project in Chili. The study has outlined the project as having an after-tax net present value of US$1.2 billion, alongside an internal rate of return of 19% when using an 8% discount rate. The latest estimate is based on a […]