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Zelensky Heads to Washington Friday to Seal Minerals Deal with Trump

The European Commission has denied any new proposals as earlier Politico reported

Taiwan Detains Chinese Crew Near Cut Undersea Cable, Beijing Denies Sabotage

Taiwan’s coast guard has detained a vessel with Chinese crew members that it claims was caught “in the act” of severing a strategic undersea communications cable, an accusation Beijing dismissed on Wednesday as “political manipulation.” The Togolese-flagged cargo ship Hongtai was intercepted on Tuesday near a damaged cable connecting Taiwan’s main island to the outlying […]

DOGE Staffers Resign En Masse

21 employees quit Elon Musk’s Department of Government Efficiency on Tuesday, citing a refusal to participate in what they called the dismantling of “critical public services” and raising alarms about political ideologues lacking necessary expertise. “We swore to serve the American people and uphold our oath to the Constitution across presidential administrations,” the staffers wrote […]

National Bank Posts 8% Net Income Jump In Q1 2025 Post-Canadian Western Acquisition

National Bank of Canada (TSX: NA) posted its results for fiscal 2025, reporting quarterly revenue of $3.18 billion, a 17.5% jump from $2.71 billion in the same quarter last year. Net income rose to $997 million, an 8% increase over the prior-year period. Meanwhile, adjusted net income stood at $1.05 billion, up 14% from the […]

Tesla European Sales Crash as Musk’s Political Activities Alienate Buyers

Tesla‘s (Nasdaq: TSLA) European sales plummeted 45% in January compared to the previous year, data showed, as CEO Elon Musk’s increasingly partisan political activities appear to be damaging the electric vehicle maker’s appeal in key markets. The American automaker delivered just 9,945 vehicles across Europe last month, down from 18,161 a year earlier, according to […]

Stellantis Sees 70% Profit Plunge in 2024 As It Searches For A New CEO

Stellantis (NYSE: STLA) ended 2024 with net profit down 70% year-over-year, dropping to €5.5 billion from €18.6 billion in 2023, largely driven by diminished global shipments, temporary gaps in product offerings, and the strategic drive to reduce dealer inventories. The carmaker reported net revenues of €156.9 billion, reflecting a 17% decline from €189.5 billion in […]

Nippon Steel Doubles Down on $14.1-B US Steel Pursuit

Nippon Steel remains resolute in its aim to acquire US Steel (NYSE: X) despite encountering political resistance and shifting statements from the White House. Nippon Steel President Tadashi Imai, speaking in Tokyo, addressed President Donald Trump’s recent suggestion that Nippon Steel might opt to invest in US Steel instead. “The starting point for our discussions […]

Fetterman Launches Petition Drive for Federal Marijuana Legalization

Pennsylvania Democratic Senator John Fetterman has initiated a petition campaign urging federal marijuana legalization, calling it a “vital chance” to reform criminal justice and boost economic opportunities. The petition, distributed through an email campaign on Saturday, emphasizes Fetterman’s long-standing support for cannabis reform. “Legal weed means more revenue, jobs, justice, and freedom,” the senator’s campaign […]

Make Copper Great Again? Trump Admin Mulls Tariffs On Copper

The Trump administration is reportedly weighing tariffs on copper imports in a bid to reinvigorate domestic production. Commerce Secretary Howard Lutnick confirmed that President Donald Trump has ordered an investigation of the Section 232 of the Trade Expansion Act of 1962 into copper imports, laying groundwork for possible tariffs. The initiative, modeled after his steel and aluminum […]

High Energy Costs Force Irving Paper to Slash Operations by 50%

Irving Paper announced Monday it has permanently shuttered 50% of its operations in Saint John, New Brunswick, resulting in immediate layoffs for 140 employees. The company attributed the decision to “uncompetitive industrial electricity rates” in New Brunswick that have made it increasingly difficult to remain viable in the international market. Mark Mosher, Irving Paper’s vice […]