EU Weighs Tech Restrictions in Response to US Tariff Threat
The European Union could restrict US tech companies’ access to European users if President Donald Trump imposes threatened tariffs on the bloc, the Financial Times reported Wednesday. The EU might deploy its anti-coercion mechanism, a trade defense tool introduced in 2023, to counter anticipated Trump tariffs. Brussels suspects Trump aims to pressure the EU into […]
Cannabis Banking Splits Senate Panel as Industry Seeks Relief
Cannabis banking access dominated a Senate hearing Wednesday as lawmakers debated financial services for the marijuana industry. Sen. Elizabeth Warren highlighted how “lawful cannabis businesses have been unable to open accounts and employees of those businesses have been debanked.” The Massachusetts Democrat called for investigation into those responsible. Committee Chairman Tim Scott emphasized examining “federally […]
Cruise Ends Robotaxi Ops: “We Will Not Be Relaunching Our Ridehail Service”
Customers of Cruise, General Motors’ (NYSE: GM) self-driving ride-hail unit, reportedly received notices announcing the end of the company’s robotaxi operations. The emails—marked by a mix of gratitude and regret—explained that Cruise would not relaunch its service. “It is with a mix of gratitude and regret that we share some significant news: Cruise’s robotaxi service […]
Fake News! Panama Rejects White House Assertions of Free Canal Passages
The goodwill gained from the recent visit to Panama has been tarnished after the country firmly denied making any concessions to grant free transit rights for U.S. government vessels through the Panama Canal—contradicting the White House’s claims of a victorious deal. In a post on X, the US State Department declared that American government vessels […]
BCE Hits 16.1% Q4 Profit Jump As Operating Revenues Fall
BCE Inc. (TSX: BCE) has released its Q4 and full-year results for 2024, reporting operating revenues of $6.42 billion, which was a 0.8% decrease compared to the same period in 2023. On a full-year basis, revenue also declined 1.1% to $24.41 billion from $24.67 billion. This softening in the top line partially reflected lower service […]
Lithium Chile Applies For Production License Under New Joint Venture
Lithium Chile (TSXV: LITH) is looking to move from being an explorer to a producer of lithium. The company this morning indicated it has applied for a Special Lithium Operation Contract as part of a new joint venture with a subsidiary of Grupo Errazuriz.
Eldorado Gold Delays Production At Skouries To 2026
Eldorado Gold (TSX: ELD) has delayed first production at its new Skouries project in Turkey to the first quarter of 2026, while commercial production levels are now not anticipated to be achieved until mid 2026. At the same time, an additional $143 million in capital costs are expected to be incurred at the project, bringing […]
Barrick Gold Grows Gold Reserves To 89 Million Ounces At 0.99 g/t
Barrick Gold (TSX: ABX) has grown its gold and copper reserves, even after depletion from 2024 is taken into consideration. The mining giant this morning indicated it has grown its attributable proven and probable gold reserves to 89 million ounces at 0.99 g/t. The figure represents growth of roughly 12 million ounces, with gold reserves […]
Cytophage Launches Trials For OvaPhage Under Hatchery Partnership
Cytophage Technologies (TSXV: CYTO) has officially launched trials with one of the largest poultry hatcheries in Canada. The trial will see Cytophage’s OvaPhage product used to target harmful bacteria on the surface of eggs.
Federal Worker Buyout Program Falls Short of White House Target
Approximately 20,000 federal employees have accepted voluntary buyout offers from the Trump administration, falling significantly short of White House targets, a senior administration official told Axios on Tuesday. The departures represent roughly 1% of the federal workforce, well below the administration’s goal of a 5% to 10% reduction. The buyout window remains open through Thursday. […]