“Legal Coup”: Diving Deep On Supreme Court’s Immunity Ruling For Donald Trump
Some say it’s the day the law died; some say it’s a clear display of separation of powers. But the U.S. Supreme Court has recently ruled that former President Donald Trump had presumptive immunity for actions taken as part of his official duties during his presidency. This ruling comes amidst various legal challenges facing Trump, […]
Silvergate Pays $63 Million To Settle $9 Billion Compliance Oversight Charges
Silvergate Capital Corp., the parent company of Silvergate Bank, has agreed to a $63 million settlement with U.S. and California regulators. The settlement addresses accusations of internal management failures and the dissemination of misleading information to investors, marking a significant development in the aftermath of the bank’s 2023 collapse. The U.S. Securities and Exchange Commission […]
Kitty Come, Kitty Go: ‘Roaring Kitty’ GameStop Suit Suddenly Withdrawn
Just a few days after it was filed, a lawsuit accusing renowned stock influencer Keith Gill, popularly known as “Roaring Kitty,” of engaging in a “pump and dump” scheme involving GameStop Corp. (NYSE: GME) shares was voluntarily dismissed shortly after its filing. The proposed class action, initiated by GameStop shareholder Martin Radev on Friday in […]
China Says State Owns Rare Earth Resources
China has officially declared that its rare earth resources are state-owned, as detailed in a new regulation set to take effect on October 1 later this year. The recently announced regulation stipulates that “no organization or individual may encroach upon or destroy rare-earth resources,” according to the official document. This latest measure will enhance China’s […]
Tesla Beats Q2 Delivery Estimates With 443,956 Vehicles Delivered
Tesla (NASDAQ: TSLA) this morning released its production and delivery data for the second quarter of 2024. The firm saw the delivery of 443,956 vehicles during the quarter, beating analyst estimates of 439,000. Production during the quarter amounted to 410,831 units, which was comprised of 386,576 Model 3/Y vehicles, as well as 24,255 vehicles in […]
Temas Resources Appoints Titanium-Vanadium Asset Expert To COO Role
Temas Resources (CSE: TMAS) has expanded its executive team. The firm this morning announced the appointment of David Caldwell, a seasoned mining executive, to the role of chief operating officer following the creation of the position.
Prospector Metals Sees B2Gold Take 9.9% Stake In Company
Prospector Metals (TSXV: PPP) has secured an investment from a major gold producer. B2Gold (TSX: BTO) has agreed to take a 9.9% interest in the company, with the funds from the investment to be used for the further exploration of Prospector’s ML Project in the Yukon. The investment will see B2Gold take a 9.9% interest […]
DOJ Selects Coinbase to Handle Forfeited Crypto Assets in 5-Year Deal
The US Marshals Service (USMS), a division of the Department of Justice, has selected Coinbase (NASDAQ: COIN) Prime to manage and dispose of its large-cap cryptocurrency assets. This decision follows a competitive bidding process initiated earlier this year. The contract, valued at $32.5 million according to the official award notice, tasks Coinbase Prime with handling […]
Job Vacancies Continue to Tumble, Canada Now Has 2.3 Unemployed Persons for Every Job Vacancy
Recent data from Statistics Canada reveals a continued decline in job vacancies across the country. In April 2024, job vacancies fell by 5.3% to 575,400, marking the third consecutive monthly decrease and reaching the lowest level since January 2021. The job vacancy rate dropped to 3.2% in April, down 0.2 percentage points from March and […]
Victoria Gold Faces Charges After Landslide and Potential Cyanide Leak
Victoria Gold‘s (TSX: VGCX) Eagle mine in Yukon, Canada, is facing charges following a significant accident at its heap leach pad (HLP) this week. The incident, which resulted in a landslide and potential cyanide leak, is the second such occurrence at the site this year, according to government officials. The accident led to the suspension […]