Danish Pension Funds Divest $103.8 Million in Tesla Over Labor Dispute
In a growing protest against Tesla‘s (Nasdaq: TSLA) uncompromising stance on labor cooperation in Sweden, two major Danish pension funds are divesting a combined total of US$103.8 million in Tesla shares. Pædagogernes Pension (PBU), the DKK 89.5 billion (US$12.94 billion) Danish pension fund for education practitioners, and the blue-collar pension fund PensionDanmark, managing DKK 317 […]
NCAA President Unveils Game-Changing Proposal to Finally Pay College Athletes
NCAA President Charlie Baker has presented a proposal that could revolutionize the landscape of college sports. In a letter addressed to Division I schools, Baker outlined the key elements of the plan, focusing on a significant shift in governance that would allow well-funded athletic departments to compensate athletes directly. This proposal introduces the concept of […]
Government Summons CBC President Over Bonus Issue Amid Job Cuts
Members of Parliament have called on CBC President Catherine Tait to testify before the House of Commons Heritage Committee regarding the public broadcaster’s recent announcement of a 10% workforce reduction and the possibility of bonuses for executives. The committee, which met on Thursday, is set to convene with Tait early next year, though the specific […]
Congress Moves to Ban Hedge Funds from Owning Single Family Homes
Democrats in the US have unveiled legislation that aims to curb the influence of hedge funds in the residential real estate market by prohibiting them from acquiring and owning single-family homes. The proposed bill, titled the “End Hedge Fund Control of American Homes Act of 2023”, mandates hedge funds to divest all single-family homes within […]
Wharton Board Asks Penn President Liz Magill to Step Down After Major Donor Pulls $100 Million Donation
The board of Penn’s Wharton business school is calling for the resignation of University of Pennsylvania President Liz Magill. According to the letter, which was obtained by media outlet Axios, the board expressed deep concerns about the campus’s “dangerous and toxic culture” led by a select group of students and faculty, which they claim has […]
California Fines Tesla $38K For Employee Stuck In Model Y On A Conveyor Belt
Tesla Inc. (NASDAQ: TSLA) is under scrutiny by the California Division of Occupational Safety and Health (Cal/OSHA) following a series of safety violations at its Fremont factory. The incident in question occurred earlier this year when an employee was seriously injured after becoming trapped in a Model Y during a quality inspection. According to documents […]
Mullen Automotive Drops Short Selling Claims, Launches Spoofing Lawsuit
Mullen Automotive (NASDAQ: MULN) has changed up its claims on what has led to its rapid share price depreciation. The company has now dropped a lawsuit that it filed back in August 2023 against certain broker-dealers, wherein they alleged that these brokers were involved in a scheme to manipulate the share price of the company’s […]
Sterling Metals Hits 25 Metres Of 0.24% Copper In Initial Drilling At Adeline
Assays are finally in for Sterling Metals (TSXV: SAG) inaugural drill program at the Adeline project in Labrador, where a 1,930 metre drill program was conducted this past summer.
Venezuela’s Maduro Arrests Opposition Figures Challenging Guyana Region Annexation
Venezuelan President Nicolas Maduro has ignited controversy by issuing arrest warrants for opposition politicians challenging the annexation of the oil-rich Essequibo region. The move is seen as a last-ditch effort to shore up his diminishing popularity and secure his position in the presidency. Maduro’s decision to place the disputed Essequibo under military jurisdiction has far-reaching […]
Jeff Bezos Wants to Be Your Landlord, Backs New Fund that Acquires Single-Family Homes in the US
It’s always interesting to see how billionaires think of ways to control more of the world and humanity. While Elon Musk sets his sights on futuristic endeavors like mass consciousness- and narrative-controlling social media, space exploration, and satellite internet, Amazon’s Jeff Bezos is going back to basics with good old feudalism. Just days after making […]