Bank of America Faces Strike Rumors After Death of A Junior Banker
The death of a young investment banker at Bank of America (NYSE: BAC) has sparked widespread outrage among junior bankers on social media. The deceased, a former US Green Beret and father of a young child, was reported to have worked multiple weeks exceeding 100 hours before succumbing to acute coronary artery thrombus. News of […]
Canadian Pension Fund Hit Hard by Plummeting Value of San Francisco Office Property
The Canada Pension Plan Investment Board (CPPIB) has suffered a significant loss following the sale of its stake in a San Francisco office complex. The pension fund sold its 45% share in the 1455 Market St. property to Hudson Pacific Properties (NYSE: HPP) for $43.5 million, a mere fraction of the $219 million it had […]
Canopy Growth Exercises Wana, Jetty Call Options As Part Of US Strategy
Canopy Growth (TSX: WEED) is reporting that Canopy USA has exercised options to acquire US-based cannabis assets. The exercise follows the company seeing its shareholders approve its Canopy USA strategy last month, enabling the cannabis giant to obtain exposure to the US market. Canopy USA specifically has exercised options to acquire Wana and Jetty, two […]
Patriot Battery Metals Hits 2.90% Li2O Over 34.4 Metres In High-Grade Discovery At CV13
Patriot Battery Metals (TSX: PMET) is reporting the discovery of a new high grade pegmatite zone at its CV13 pegmatite following a winter drill campaign focused on the region at the firms flagship Corvette property in Quebec. “To put it mildly, the team is very excited about this new high-grade discovery at CV13, which is […]
Golden Cariboo Reports 0.87 g/t Gold Over 32.0 Metres After Further Compiling Data
Golden Cariboo Resources (CSE: GCC) has provided updated assay results for a previously released drill hole following infill sampling that was conducted in late 2023. The results come from the North Hixon zone at the firms Quesnelle Gold Quartz Mine property in British Columbia.
Florida GOP Announces Opposition to Marijuana Legalization Ballot Initiative
The Florida Republican Party officially announced its opposition to a marijuana legalization initiative set to appear on the November ballot. This makes way for Governor Ron DeSantis to raise funds for a campaign against the measure. The governor also plans to oppose an abortion rights proposal in the upcoming election, channeling money through the state […]
Is Jagmeet Singh Biased in His Attacks Against Loblaws?
NDP Leader Jagmeet Singh has frequently called out Loblaws (TSX: L) and its CEO Galen Weston in his public statements. While Weston and the company likely deserve it, given their exorbitant gains as Canadians grapple with the cost of living, Singh’s attacks lose a bit of their edge when you find out that there may […]
Gold Prices Soar As Chinese Consumers And Central Banks Drive Demand
The price of gold has surged to record highs this year, largely driven by strong demand from Chinese consumers and the country’s central bank. As traditional investments like real estate and stocks have faltered, Chinese buyers have turned to gold as a safe haven during times of economic uncertainty. Retail investors in China have been […]
Tesla’s Largest Retail Shareholder Says Elon Musk Is a ‘Magician’ Who’s Only in it ‘for Money and Power’
Tesla (Nasdaq: TSLA) is holding a vote on CEO Elon Musk’s 2018 compensation package, which was recently voided by a Delaware judge, as part of its upcoming Annual Shareholder’s Meeting. The package, worth $55.8 billion, has been criticized by one of Tesla’s largest individual shareholders, Leo KoGuan. “Just say NO,” KoGuan said on X when […]
Paramount Now In Negotiations With Sony Pictures and Apollo Global
There’s a tug-o-war ongoing in the entertainment world as Paramount Global (NASDAQ: PARA) has initiated formal negotiations with a bidding consortium led by Sony Pictures Entertainment and private equity giant Apollo Global Management. This decision comes on the heels of exclusive talks with Hollywood studio Skydance, which expired on Friday. A special committee of Paramount’s […]