Former Fauci Adviser Apologizes After Memo Reveals Allegations of Illegal Activity: “I Was Making A Joke”
Hours after the release of several seemingly damning emails revealing his provocative COVID-era communications, Dr. David Morens, a former senior adviser to Dr. Anthony Fauci, offered excuses and apologies but few real answers during a contentious congressional showdown. The National Institute of Allergy and Infectious Diseases (NIAID) senior adviser appeared before the House Committee on […]
Hertz Energy Acquires Final Claim In Nunavut To Complete Cominco Uranium Project
Hertz Energy (CSE: HZ) has expanded its landholdings in the territory of Nunavut. The company this morning indicated it has entered into an arrangement to acquire mineral claim 102722, which is found at the core of the Cominco uranium property.
PayPal Turns On Money Tap For Venmo With Fee Increase
PayPal-owned (Nasdaq: PYPL) mobile payment service Venmo is raising its fees for receiving payments in personal accounts from 1.9% + $0.10 to 2.99% beginning July 1, 2024. A move seen as the parent company “flipping the monetization switch for Venmo.” The excitement has affected at least one major investor. Cathie Wood’s ARK ETFs bought over […]
Money Again Flows In Mining Sector As Multiple Producers Close On Financings
Money appears to be flowing in the mining sector again, with two large producers announcing the closing of financings this morning. The first to announce the close of fundraising was IAMGOLD Corp (TSX: IMG), whom raised US$300 million via a bought deal financing. Priced at US$4.17 per share, the offering was led by National Bank, […]
Defiance ETFs Launches New 2x Leveraged Uranium ETF
Defiance ETFs is introducing a new leveraged commodity ETF called the Defiance Daily Target 2X Long Uranium ETF (NYSE Arca: URAX), which is expected to begin trading today. As the name suggests, the fund seeks to provide daily investment results of two times (200%) the daily percentage change (before fees and expenses) in the share […]
Harvard Corporation Rejects Faculty Attempt to Allow Sanctioned Student Protesters to Graduate
The Harvard Corporation has decided against allowing sanctioned student protesters to graduate, following a contentious amendment passed by the Faculty of Arts and Sciences. The decision was formally announced with the conferral of degrees to 1,539 students in good standing, explicitly excluding those involved in recent pro-Palestine protests. “Today, we have voted to confer 1,539 […]
Canada Poised to Implement Capital Gains Tax Hike Without Parliamentary Approval
The Liberal government has announced its intention to introduce legislation to implement the proposed changes to the capital gains tax before the House adjourns for the summer break. Deputy Prime Minister and Finance Minister Chrystia Freeland said that the legislative process will commence in the coming weeks to increase the “inclusion rate” from one-half to […]
DOJ Poised to Break Up Live Nation and Ticketmaster
The U.S. Department of Justice (DOJ) is preparing to file an antitrust lawsuit against Live Nation Entertainment, the parent company of Ticketmaster. This move could potentially lead to the breakup of the entertainment giant, marking a significant escalation in the DOJ’s efforts to address concerns about monopolistic practices in the live events industry. The DOJ’s […]
Panasonic Warns of Weakness in Auto Battery Business Amid EV Slowdown
Panasonic (TYO: 6752), a major supplier of batteries to Tesla (Nesdaq: TSLA), warns of potential weaknesses in its automotive battery business due to a slowdown in the adoption of electric vehicles (EVs) in the United States. Yuki Kusumi, the chief executive of Panasonic, said at a roundtable interview with reporters in Tokyo on Tuesday that […]
Canadian Government Blocks Mining Investment… But It’s In Ecuador
The Canadian government has effectively blocked a minority equity investment in Solaris Resources Inc. (TSX: SLS) intended to support the expansion of the Warintza Project in Ecuador. This decision, motivated by concerns over critical minerals, has led Solaris to voluntarily terminate the previously announced investment. Solaris Resources announced that the transaction, initially intended to support […]