California Changes Child Actor Laws To Include Child Influencers
California Governor Gavin Newsom has signed two new laws aimed at protecting the financial interests of child social media influencers. The legislation, which will take effect next year, requires parents who profit from their children’s online presence to set aside a portion of the earnings in trust accounts for the minors. The measures extend existing […]
Boris Johnson Admits to “Nuts” Plan to Invade the Netherlands
Former UK Prime Minister Boris Johnson has disclosed in his upcoming memoir, Unleashed, that he contemplated an invasion of the Netherlands. His goal was to retrieve millions of doses of the AstraZeneca vaccine, which he believed had been “kidnapped” by the European Union. The then-prime minister was reportedly incensed over the European Union’s restrictions on […]
Trump Media Co-Founder Dumps Nearly Entire Stake As Company Valuation Plummets
Andy Litinsky, a former contestant on Donald Trump’s reality TV show, The Apprentice, and co-founder of Trump Media & Technology Group (NASDAQ: DJT), has sold almost his entire stock holding in the company. According to regulatory filings released on Thursday, Litinsky reduced his stake from over 7.5 million shares to a mere 100 shares. Based […]
Economic Stagnation: August Slowdown Raises Alarms for Canada’s Economy
Canada’s economy demonstrated resilience in July, recording a 0.2% growth rate—double the forecasted 0.1% increase, according to Statistics Canada (Statscan) data released Friday. This positive movement was buoyed by gains in both retail trade and public sectors, even as the economy faced disruptions, including the impact of widespread wildfires across the country. In light of […]
China’s Debt Trap Diplomacy At Play In Zambia’s $1.5 Billion Loan Restructuring
In a move marking a significant milestone in its efforts to revamp debt, Zambia has reached a deal with two major Chinese state-owned lenders to restructure $1.5 billion of debt, according to the country’s Finance Minister, Situmbeko Musokotwane. This development is a notable step forward in resolving a complex debt restructuring process that has been […]
Filo Corp. Shareholders Approve Acquisition by BHP and Lundin Mining
Shareholders of Filo Corp. (TSX: FIL) have overwhelmingly approved a plan for the company’s acquisition by BHP Investments Canada Inc. and Lundin Mining Corporation (TSX: LUN). The arrangement, announced at a special shareholder meeting, will see BHP and Lundin Mining acquire all outstanding Filo shares not already under their control. The proposal received near-unanimous support, […]
China’s Economic Stimulus Sends Ripples Through Global Markets
China’s central bank has announced a series of major financial measures to boost the economy, headlined by a cut in banks’ reserve requirement ratio (RRR) by 50 basis points. The move signals an aggressive push by the People’s Bank of China (PBOC) to inject liquidity into the financial system, stimulate lending, and shore up the […]
Aston Bay Intersects 22.9m @ 8.5% Cu in Nunavut’s Storm Project
Aston Bay Holdings Ltd. (TSXV:BAY) and its exploration partner, American West Metals Limited, have announced significant drilling results from their Storm Copper Project located on Somerset Island, Nunavut, Canada. These latest findings include high-grade copper intercepts outside of the known mineralized areas, suggesting potential for expansion of the Cyclone Deposit. The Cyclone Deposit, in particular, […]
CTV News Dismisses Two Staff Members Over Altered Poilievre Video Clip
CTV News has terminated the employment of two staff members following an investigation into an altered video clip of Conservative Leader Pierre Poilievre that aired in a recent national news report. The network announced this decision in a statement posted on social media, citing a breach of editorial policies and practices. The controversy arose from […]
AI Giant OpenAI Plans Shift to For-Profit Model, Altman to Receive 7% Stake
OpenAI is planning a significant restructuring of its core business, as first reported by Reuters on Thursday. The artificial intelligence powerhouse is considering a transition to a for-profit benefit corporation, a move that would reshape its governance structure and make it more appealing to investors. Under the proposed plan, OpenAI’s non-profit arm would retain a […]