Curaleaf Cries Misquote, Claims Boris Jordan Never Said Firm Will Not Pay Taxes
Curaleaf Holdings (TSX: CURA) has refuted claims of being misquoted by Bloomberg in a recent article. The controversy arose from statements attributed to Chairman Boris Jordan suggesting that Curaleaf might protest against Section 280E of the US tax code by withholding tax payments. Contrary to the reported remarks, the cannabis firm clarified that Jordan never […]
Rio Tinto Eyes Canadian Lithium Production
Rio Tinto CEO Jakob Stausholm voiced the company’s interest in delving into lithium production in Canada. Although Rio Tinto is not currently engaged in lithium production, the chief executive emphasized the company’s keenness to establish a foothold in the lithium market, identifying it as a strategic move in anticipation of the future dominance of lithium […]
BREAKING: US and UK Embassies Issue Travel Warnings Amidst Terror Threats in Moscow
Both the United States and United Kingdom embassies in Moscow have issued travel advisories over concerns of potential terrorist attacks targeting large gatherings within the city. These warnings come amidst escalating tensions and security risks in the region. The US Embassy in Russia alerted citizens to the imminent threat, stating, “The Embassy is monitoring reports […]
Amazon Goes Nuclear, Acquires $650 Million Nuclear Data Center
Talen Energy Corporation has finalized the sale of its 960MW Cumulus data center campus located in Pennsylvania to a major cloud service provider, revealed to be Amazon (NASDAQ: AMZN), according to an investor presentation released this week. The deal marks a significant move in the digital infrastructure space, with Amazon yet to officially comment on […]
Google Employee Stole Trade Secrets From Google For China
The United States District Court for the Northern District of California has indicted Linwei Ding, also known as Leon Ding, on charges related to the theft of trade secrets. The charges include multiple violations under Title 18 of the United States Code. Ding’s alleged actions, according to the indictment, involve the misappropriation of proprietary information […]
House Approves Bill That Boosts US Enriched Uranium Industry
The US government is poised to provide a massive $2.7 billion boost to the domestic uranium enrichment sector as part of efforts to reduce reliance on Russian nuclear fuel imports. The funding, requested by the White House, is included in a broad government funding bill unveiled Sunday. With the House already approving the 2024 appropriations […]
Spain Imposes Three-Month Ban on Worldcoin Amid Privacy Concerns
Spain’s data protection authority, Agencia Española de Protección de Datos (AEPD), has ordered Worldcoin, OpenAI founder Sam Altman’s eyeball-scanning crypto venture, to immediately cease the collection of personal information and stop using data it has already gathered, imposing a ban on the company’s activities for up to three months. The decision comes amid growing concerns […]
Canada’s Business Leaders Want Pension Funds to Invest More In Canadian Companies
Over 90 business leaders and CEOs from Canada’s biggest companies across different sectors have initiated a campaign advocating for greater investment in Canadian businesses by pension plans. This push for increased domestic investment is being challenged by several of the country’s largest pension fund managers. The proponents of the campaign, coming from diverse sectors such […]
BC Affordable-Housing Condo Units Allegedly Sold to People Who Already Owned Homes
Court documents allege that a number of units from an affordable housing project built for middle-income families in Victoria, British Columbia were sold to people who had already owned property, with some even owning multiple properties worth millions of dollars. The 135-unit Vivid condominium development was completed in 2021, and it was built by Chard […]
Not Funny: Just for Laughs Files for Creditor Protection, Cancels 2024 Festival
Groupe Juste Pour Rire Inc. (JPR), organizers of one of the world’s leading comedy festivals, has canceled the 2024 Just for Laughs festival as the organization is now seeking creditor protection under Canada’s Bankruptcy and Insolvency Act. The Montreal-based group said in a statement that its financial situation was the result of the challenges posed […]