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Metro Ends 2024 with Mixed Results: Sales Up 2.1%, Earnings Drop 8.5%

Metro Inc. (TSX: MRU) has released its financial results for the fourth quarter and full fiscal year 2024, reporting quarterly sales of $4.94 billion, a decrease of 2.6% compared to $5.07 billion in the fourth quarter of fiscal 2023. However, adjusting for the 12-week quarter in 2024 versus the 13-week quarter in 2023, sales increased […]

1911 Gold Publishes Mineral Resource Estimate For True North Gold Project

1911 Gold (TSXV: AUMB) has released an updated mineral resource estimate for its True North Gold Project, which is found in southeastern Manitoba. The mineral resource estimate is based on an underground mining model, and uses a 2.25 g/t cut-off. The estimate is based on 3,157 drill holes across an aggregate 15,838 metres at the […]

Baltic Sea Cables Cut in Suspected Russian Sabotage, European Officials Say

Two major underwater fiber-optic cables in the Baltic Sea were severed this week in what European officials suspect is another act of Russian sabotage, marking an escalation in Moscow’s alleged hybrid warfare against NATO countries. The first incident occurred Sunday when a 135-mile cable connecting Sweden’s Gotland Island to Lithuania failed. The following night, a […]

Make Crypto Great Again? Trump’s Truth Social To Gamble In Crypto Trading With Bakkt Acquisition

In yet another twist in U.S. President-elect Donald Trump’s sprawling financial empire, Trump Media & Technology Group (NASDAQ: DJT), the parent company of Truth Social, is reportedly in advanced talks to acquire Bakkt Holdings Inc. (NYSE: BKKT), a cryptocurrency trading platform. Truth Social, launched in 2021 as a “free speech” alternative to mainstream platforms, has […]

Sayona and Piedmont Merge to Build North America’s Largest Lithium Producer

Australia’s Sayona Mining Limited (ASX: SYA) is set to merge with Piedmont Lithium Inc. (NASDAQ: PLL), a North Carolina-based lithium producer. This merger will consolidate their assets into a single entity, streamlining operations and establishing a significant presence in the North American lithium market. Sayona has agreed to acquire Piedmont in an all-stock transaction, resulting […]

Walmart Surges on 5.5% Revenue Jump, $4.6 Billion Profit in Q3 F2025

Walmart Inc. (NYSE: WMT) reported its third-quarter performance this morning, with revenue and earnings surpassing expectations and the company raising its full-year guidance. For the fiscal quarter ending October 31, 2024, the retail giant reported consolidated revenue of $169.6 billion, a 5.5% increase from $160.8 billion in the same quarter last year. This marks the […]

Feds Move to Strip Google of Chrome in Push to Reshape Tech Industry

The U.S. Department of Justice is preparing to ask a federal judge to compel Alphabet Inc. (NASDAQ: GOOGL) to sell its Chrome browser. The move aims to dismantle Google’s alleged monopoly in the search market and address broader concerns over the company’s dominance in artificial intelligence and smartphone operating systems. The DOJ’s case against Google […]

Texas Pushes for “Advanced Nuclear Energy” In A Bid To Be The “Energy Capital Of The World”

Texas Governor Greg Abbott and the Public Utility Commission of Texas have unveiled a significant initiative to position Texas as a global leader in advanced nuclear power. On Monday, the state administration released the findings of the Texas Advanced Nuclear Reactor Working Group, marking a step forward in Texas’ efforts to secure its energy future. […]

Worker Protections Under Siege As Amazon, SpaceX Take Labor Board To Court

As the National Labor Relations Board (NLRB) faces escalating scrutiny from corporate giants SpaceX and Amazon (NASDAQ: AMZN), the stakes for American labor rights have rarely been higher. The two companies are leading a legal challenge against the NLRB, alleging that its structure and operations violate constitutional principles. On Monday, the Fifth Circuit Court of […]

George Weston Q3 2024 Earnings Collapse 97% As Choice Properties’ Valuation Wipes Out Gains

George Weston Limited (TSX: WN) reported its third-quarter results for 2024, with revenue reaching $18.69 billion, a 1.5% increase from $18.41 billion in the same period last year. This growth was primarily driven by Loblaw’s retail and pharmacy businesses and steady performance in Choice Properties’ real estate portfolio. However, this revenue increase only slightly outpaced […]