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 […]
Equinox Gold Sees Record Production Of 621,870 Ounces In 2024, Meeting Guidance
Equinox Gold (TSX: EQX) is reporting that it just experienced its strongest quarter and year of production in company history. The statement follows the company producing 213,960 ounces of gold in the fourth quarter of 2024. For the full fiscal year, Equinox produced 621,870 ounces of gold, with much of that production coming from two […]
Lundin Gold Beats 2024 Production Guidance With 502,029 Ounces Produced
Lundin Gold (TSX: LUG) has beat its previously provided production guidance for 2024. The mining firm last night reported total production of 502,029 ounces of gold for the full year, beating prior guidance of 450,000 to 500,000 ounces. Production came from its Fruta del Norte gold mine in Ecuador. The beat follows the company posting […]
LA Fires Kill Five, Destroy 1,000 Buildings as Winds Rage
Fast-moving wildfires ripped through Los Angeles on Wednesday, forcing 100,000 people to evacuate as flames devastated wealthy neighborhoods and iconic landmarks, killed five people, and destroyed more than 1,000 structures in what experts warn could be the breaking point for California’s fragile insurance market. Four major blazes remained uncontained, including a new fire that erupted […]
Tesla Faces Growing Crisis Over Failing Self-Driving Computers and Safety Concerns
Tesla Inc. (NASDAQ: TSLA) is facing significant backlash as customers report hardware failures with its latest Full Self-Driving computer, known as AI4.1. The issue, first identified in mid-2024, has left thousands of vehicles without critical safety features and increased scrutiny from regulators, including the National Highway Traffic Safety Administration. The malfunction in Tesla’s AI4.1 computer, […]