Is Lithium On The Rise?
Lithium equities including SQM (NYSE: SQM), Albemarle Corporation (NYSE: ALB), Arcardium Lithium (NYSE: ALTM), Sigma Lithium (NASDAQ: SGML), and Piedmont Lithium (ASX: PLL) experienced notable gains recently, climbing amidst shifting market dynamics and speculation surrounding supply disruptions. Unconfirmed reports suggest the potential closure of the Chinese battery maker CATL’s Jianxiawo mine before the Chinese New […]
Air Canada Tries To Get Out of A Refund By Blaming Its Chatbot
Air Canada (TSX: AC) may be the first company to try to wiggle out of a refund by attempting to make its own chatbot liable for making a mistake. Nice try, but a small claims court said no. Artificial intelligence chatbots, as many now already know, are prone to “hallucinations,” or returning false, misleading, or […]
Sabotage? Libs Of TikTok Stripe Account Disabled and Funds Frozen
Former president Donald Trump’s back-to-back court losses may be having a sort of ripple effect on the far right, making them a little jumpy. The popular conservative account Libs of TikTok blasted payment service provider Stripe on X Thursday for disabling their account, warning X owner Elon Musk that Stripe “will just disable accounts if […]
The Children’s Place: How To Buy A Company Without M&A Fees
The Children’s Place (NASDAQ: PLCE), a renowned children’s apparel retailer with a market capitalization of $363 million, underwent what has become an unconventional acquisition practice: buying a company outright through open-market stock purchases. The acquisition, orchestrated by the Al-Rajhi family’s investment firm, Mithaq Capital, swiftly secured a majority stake of 54% in The Children’s Place […]
Is Moldova Next?
Moldova’s Transnistria region is set to host a significant gathering of deputies on February 28th, marking a momentous event not seen since 2006 during a pivotal referendum on joining Russia. Reports circulating suggest that this assembly may serve as a platform for Transnistria to formally request annexation by Russia, heightening existing tensions in the region. […]
Chord Energy and Enerplus Announce $11 Billion Merger Agreement
Oil and gas giants Chord Energy (NASDAQ: CHRD) and Enerplus (NYSE: ERF) have unveiled plans for an $11 billion merger in a deal structured as a combination of stock and cash, marking a significant move in the energy sector. Under the terms of the agreement, Chord shareholders will wield control over two-thirds of the combined […]
Newmont To Sell Off Multiple Canadian Assets, Cut Jobs
Newmont Corp (NYSE: NEM) has announced plans to divest six non-core assets and two non-core projects to streamline its operations and reduce its significant debt load. Among the assets for sale are the Éléonore mine in Quebec, Musselwhite and Porcupine mines in Ontario, the Coffee project in Yukon Territory, and a 70% interest in the […]
Florida Senate Passes Bill That Bans Social Media Use For Minors
Florida legislators are closer to keeping minors away from social media. With a bi-partisan vote of 23-14, the Florida Senate on Thursday passed HB-1, a bill designed to prevent children under the age of 16 from accessing social media platforms. This decision follows the Florida House of Representatives’ approval of the bill in January. The […]
AtkinsRéalis, Federal Government Partner to Develop Largest CANDU Nuclear Reactor Variant Ever
AtkinsRéalis (TSE: ATRL) and Atomic Energy of Canada Ltd. (AECL) have forged a memorandum of understanding to expedite the development of a new nuclear power reactor called the Monark, which would be the largest model of the Canada-developed CANDU reactor. The Monark promises cutting-edge safety features and a 1,000-megawatt output that surpasses its predecessors. This […]
It’s A HoaX: Gmail Isn’t Going Anywhere
“Gmail is here to stay,” Gmail posted on X Thursday evening after fake news about Google’s (Nasdaq: GOOG) email service “sunsetting” spread on Elon Musk’s social media platform. The fake news is a purported screenshot of an email announcement sent through Google Analytics claiming that Gmail would be shut down by August 1, 2024. “We […]