Are Banks Quietly Closing Doors on the Crypto World?
In recent years, financial institutions have come under scrutiny for their alleged role in the systematic exclusion of cryptocurrency entrepreneurs, tech founders, and politically controversial figures from the banking system. A practice known as “debanking” has emerged, raising concerns about transparency, due process, and the limits of corporate and governmental influence over financial access. Sam […]
Global Coffee Prices Hit 47-Year High on Supply Squeeze
Global coffee prices have surged to their highest level since 1977, driven by weather-related supply disruptions, increased stockpiling, and growing global demand, forcing major retailers to signal price increases for consumers. March 2025 arabica coffee futures jumped 4.6% to $3.2305 per pound on Wednesday on the Intercontinental Exchange (ICE), marking a more than 70% rise […]
NameSilo Shatters Records as Revenue Soars In Q3 2024
Domain registrar platform NameSilo Technologies (CSE: URL) reported its Q3 2024 financial results, highlighting significant year-over-year revenue and profitability improvements. Revenue for the quarter reached $14.35 million, a 15.2% increase compared to $12.45 million in Q3 2023, continuing an impressive eight-quarter streak of growth. The boost in revenue was attributed to a rise in domains […]
Leaked BYD Email Threatens EV Price War Escalation
Chinese electric vehicle manufacturer BYD is intensifying its role as a dominant force in the global automotive industry. A leaked internal email suggests the company plans to deepen its price war in China, a move aimed at consolidating its leadership in the world’s largest EV market while aggressively targeting international growth. According to reports, a […]
Soma Gold Reports Weaker Earnings And Production Decline in Q3 2024
Soma Gold (TSXV: SOMA) has released its financial results for the third quarter and the nine months ending September 30, 2024. Revenue posted was $22.4 million for the quarter, a slight decrease from $22.8 million in Q3 2023 and a 1.6% decline from the $22.8 million reported in Q2 2024. This drop in revenue is […]
Canadian Economy Slows in Q3 2024, Per Capita GDP Continues Decline
Canada’s economic growth decelerated in the third quarter of 2024, with real gross domestic product expanding by 0.3%, down from 0.5% in the previous two quarters. The slowdown was primarily due to reduced business investment and exports, despite increases in household and government spending. Notably, GDP per capita fell 0.4%, marking the sixth consecutive quarterly […]
Lithium Argentina Latest Mining Firm To Exit Canada
Another miner is set to leave Canada, following Solaris Resources’ announced departure earlier this month. Lithium Argentina (TSX: LAAC) is set to establish its corporate domicile in Switzerland, while ending its ties to Canada. As part of the move, the company will change its name to Lithium Argentina AG, with the company to continued from […]
Simply Solventless Guides To $11.8 Million In Revenue For Q4
Simply Solventless (TSXV: HASH) this morning issued guidance for its fourth quarter financial results, with the company indicating that it expects to hit report quarterly revenue for the quarter. Topline revenue for the fourth quarter is estimated at $11.8 million, versus the $7.8 million reported for the third quarter of 2024, which implies growth of […]
Canada Post Starts Layoffs, Union Calls it ‘Scare Tactic’
Canada Post has begun laying off workers amid an ongoing national strike, as mediation efforts between the postal service and its union have stalled with both sides remaining far apart on critical issues. The Crown corporation confirmed the temporary layoffs in an emailed statement, citing “adjustments to our operations, as allowed under the Canada Labour […]
California to Offer EV Credits if Trump Cuts Federal Incentives, But Tesla May Be Iced Out
California Governor Gavin Newsom announced Monday plans to restart state electric vehicle rebates if President-elect Trump eliminates the federal $7,500 tax credit, though Tesla (Nasdaq: TSLA) vehicles might be excluded from the program. The proposed state initiative would match the federal credit amount using funds from California’s Greenhouse Gas Reduction Fund, which is supported by […]