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, […]
JPMorgan Joins Exodus of Big Banks Ditching Climate Alliance
Like a nail to the proverbial coffin, JPMorgan Chase & Co. (NYSE: JPM) has announced its withdrawal from the Net-Zero Banking Alliance. The bank’s departure, revealed on Tuesday, marks the culmination of a month-long exodus of the six largest U.S. banks from the coalition. JPMorgan’s decision follows similar announcements by Morgan Stanley (NYSE: MS), Citigroup […]
Thailand Becomes AWS’s New Digital Hub with $5 Billion Investment
Amazon Web Services, a subsidiary of Amazon.com, Inc. (NASDAQ: AMZN), has announced the launch of the AWS Asia Pacific (Thailand) Region. The development is part of AWS’s expansion into Southeast Asia, underscoring Thailand’s growing importance as a regional technology hub. The new region, comprising three availability zones, marks a step in AWS’s efforts to support […]
U.S. Congress Wants To Call Russia’s Actions in Ukraine “Genocide”
In a significant step toward formally addressing the atrocities committed during Russia’s war in Ukraine, a bipartisan coalition of U.S. lawmakers has introduced a resolution declaring Russia’s actions as genocide. The resolution reflects growing recognition of systematic violence and destruction that meets the criteria established under the United Nations Genocide Convention. The resolution, supported by […]
First Majestic Hits Guidance With 2024 Production Of 21.7 Million Silver Equivalent Ounces
First Majestic Silver (TSX: AG) (NYSE: AG) today reported its fourth quarter and full year 2024 production figures, highlighted by the company achieving guidance with total production of 21.7 million silver equivalent ounces for the year.
Alberta Partners with Enbridge to Boost US Oil Exports
Alberta Premier Danielle Smith announced a partnership with Enbridge Inc (TSE: ENB) on Monday to expand pipeline capacity to the United States. This is the province’s latest push to double oil production and increase exports. The agreement establishes a working group between Enbridge and the Alberta Petroleum Marketing Commission to streamline regulations and explore opportunities […]
Trump Signals Fresh Fed Tensions Ahead of Return to Office
President-elect Donald Trump launched a fresh attack on US monetary policy Tuesday, arguing that borrowing costs remain excessive amid ongoing price pressures, foreshadowing potential friction with the Federal Reserve as he prepares to retake office. Speaking from his Florida resort, Trump blamed the current administration for economic challenges, aiming for elevated inflation and the central […]
Pentagon Creates Board to Secure Critical Materials Supply
The US Department of Defense announced Monday the creation of a new advisory board to strengthen its access to critical materials and minerals essential for defense capabilities. The Strategic and Critical Materials Board of Directors, established as a non-discretionary federal advisory committee under the Stock Piling Act, will advise the Under Secretary of Defense for […]
Millions In Taxpayer Dollars Allegedly Used To Fund Anti-Conservative Research
A federal initiative designed to combat disinformation and strengthen democratic processes has sparked a political firestorm, with newly released records revealing allegations of partisan misuse of taxpayer funds. The “Digital Citizen Initiative,” launched in 2019 under then-Minister of Democratic Institutions Karina Gould, initially aimed to combat online misinformation but is now accused of targeting Conservative […]
Ivanhoe Mines Sees Record Production At Kamoa-Kakula In 2024
Ivanhoe Mines (TSX: IVN) has released its production results for 2024 across its assets in the Democratic Republic of the Congo, along with guidance for 2025. The company saw record quarterly production at Kamoa-Kakula, with the mine producing 133,819 tonnes of copper in concentrate, a 15% improvement over the performance in the third quarter. For […]