Loblaws, Groceries Accused of Overcharging Canadians for Underweighted Meat
An investigation has reportedly revealed widespread overcharging at major grocery chains in Canada, with stores selling underweighted meat and charging customers for packaging weight. This issue, which has persisted for years, is resurfacing as food prices remain a source of strain for many Canadians. The investigation identified underweighted meat packages at stores owned by Loblaw […]
Canada Finance Minister LeBlanc Won’t Seek Liberal Leadership
Canadian Finance Minister Dominic LeBlanc rejected a bid for Liberal Party leadership on Wednesday, days after Prime Minister Justin Trudeau’s decision to step down. Trudeau announced on Monday that he would leave his position once the party selects a new leader. LeBlanc, a seasoned parliamentarian and recently installed finance minister, had emerged as a potential […]
Bitcoin Investor Must Hand Over Keys to $124 Million Crypto Cache
A federal judge has ordered an Austin Bitcoin investor to surrender passcodes to unlock cryptocurrency worth about $124 million, following his two-year prison sentence last month for tax fraud. Frank Richard Ahlgren III must disclose the codes and identify storage devices for digital assets he allegedly moved through a cryptocurrency mixing service in 2020, US […]
Czech Republic to Boost Nuclear Power to 68%, Phase Out Coal in Energy Overhaul
The Czech Republic has submitted an updated national energy plan to the European Commission that sets an aggressive timeline for coal phase-out by 2033 while dramatically expanding nuclear power’s role in its energy mix. Under the jointly developed plan from the industry and environment ministries, nuclear power will become the cornerstone of the country’s electricity […]
Hershey Seeks Approval for Giant Cocoa Purchase Amid Global Shortage
Request comes as futures prices nearly triple
Ontario’s Doug Ford Pushes Pandemic-Style Spending to Combat Trump’s Tariffs
Ontario Premier Doug Ford has proposed implementing substantial economic interventions reminiscent of pandemic-era spending to safeguard the province’s economy. This initiative comes in response to U.S. President-elect Donald Trump’s declaration to impose a 25% tariff on all Canadian imports, a move Ford describes as “the biggest threat we’ve ever seen.” In a recent address, Ford […]
Airbnb Under Fire Amid Cancellation Due To California Wildfires
As the raging California wildfires consume thousands of acres and displace tens of thousands of residents, Airbnb (NASDAQ: ABNB) is under heavy scrutiny for its response to guest cancellations and requests for relocation. The company’s alleged handling of a guest’s plea to cancel her reservation in Los Angeles has sparked outrage on social media, raising […]
Amplify To Shutter Cannabis-Focused US Alternative Harvest ETF
The state of the cannabis sector made itself known yesterday, with Amplify ETF’s announcing that it would be shutting down one of its funds that is focused on the sector. Amplify’s US Alternative Harvest ETF (NYSE: MJUS) is set to be liquidated. The liquidation is scheduled to occur later this month, with creation orders no […]
Endeavour Silver Produces 7.6 Million Silver Equivalent Ounces in 2024
Endeavour Silver (TSX: EDR) reported this morning that in the fourth quarter it managed to produce 1.6 million silver equivalent ounces. Production consisted of 824,529 ounces of silver and 9,075 ounces of gold. Metal sales during the fourth quarter meanwhile totaled 654,519 ounces of silver and 8,343 ounces of gold. Fourth quarter production declined 21% […]
Torex Gold Hits Guidance Despite Multi-Week Shutdown After Fatalities
Torex Gold (TSX: TXG) managed to achieve its revised production guidance despite a major incident at its Morelos Complex in the fourth quarter, which saw the loss of three employees. Production for the fourth quarter hit 103,795 ounces, a decline of 13% compared to the third quarter, which can be attributed to a multi-week shutdown […]