FAA To Investigate Boeing Manufacturing Processes Following Fuselage Blowout

Problems continue for Boeing (NYSE: BA) following an incident with Alaska Airlines earlier this month where a Boeing 737 Max 9 saw part of its fuselage blow out midflight. The Federal Aviation Administration this morning his disclosed that it will be investigating the manufacturing processes and production lines of Boeing, as well as those of […]

SPC Nickel Releases Maiden Resource Boasting 224.8 Million Lbs Indicated Contained Nickel

SPC Nickel Corp (TSXV: SPC) has released a maiden mineral resource estimate for its West Graham Project, which is part of its nickel-copper Lockerby East property, found in the Sudbury Basin. The mineral resource estimate outlines that the project has 224.8 million pounds indicated of contained nickel, and 155.0 million pounds indicated of contained copper. […]

FPX Nickel Sees Sumitomo Take 9.9% Stake In Company

FPX Nickel (TSXV: FPX) has secured a strategic financing with a new major investor. Sumitomo Metal Mining Canada, a subsidiary of the Japanese conglomerate Sumitomo Metal Mining Co, has agreed to take a stake in the nickel explorer via a private placement financing. The investment will see Sumitomo take a 9.9% stake in FPX through […]

US to Relist Houthis as Specially Designated Global Terrorists Following Red Sea Attacks

The Biden administration is set to reclassify Iranian-backed Houthi rebels in Yemen as specially designated global terrorists, according to anonymous sources familiar with the matter. This move follows the Houthis’ repeated attacks on commercial vessels in the Red Sea, citing retaliation for Israel’s military operations in Gaza. The Trump administration had previously designated them a […]

Vodafone Signs 10-Year AI Deal with Microsoft

Vodafone (LON: VOD) and Microsoft (Nasdaq: MSFT) have entered into a 10-year partnership aimed at delivering generative AI, digital, enterprise, and cloud services to over 300 million businesses and consumers in European and African markets.  As part of the agreement, Vodafone will invest $1.5 billion in customer-focused AI developed with Microsoft’s Azure OpenAI and Copilot […]

Uber to Shut Down Drizly Three Years After Acquisition

Uber (NYSE: UBER) is set to shut down its alcohol delivery app, Drizly, marking the end of a three-year journey since the ride-sharing giant acquired the platform for $1.1 billion, according to Axios.  Drizly, which boomed with the pandemic era demand for at-home delivery, had become the largest online alcohol marketplace in North America. The […]

First Majestic Silver Shares Drop Following Q4 2023 Results

First Majestic Silver Corp. (TSX: FR) concluded 2023 with robust performance, announcing a total production of 6.6 million silver equivalent (AgEq) ounces in the fourth quarter, reflecting a 6% increase from the previous quarter. The quarterly results contributed to the full-year production of 26.9 million silver equivalent ounces, aligning with the revised guidance of 26.2 […]

MrBeast Takes Elon Musk Up On His Offer, Posts First X Video ‘To Test’ Ad Revenue

YouTube megastar MrBeast, also known as Jimmy Donaldson, uploaded a video directly on Elon Musk’s X, despite his previous declaration that he would not do so.  “$1 vs $100,000,000 Car” quickly gained traction, amassing 27 million views within seven hours of being posted. The video, which has already been uploaded on YouTube with over 200 […]