Jury Rules Against the Country’s Largest Egg Producers in Price-Fixing Scheme
An Illinois federal jury found that leading egg producers and leading trade groups illegally manipulated the market to boost the price of eggs. Cal-Maine Foods Inc. and Rose Acre Farms Inc., along with two trade groups, conspired to limit the supply of eggs, causing major food companies, including General Mills Inc., Kraft Heinz Co., Kellogg […]
Freeland Laughed At During Fall Economic Statement 2023 As Debt Servicing Costs Soar
Deputy Prime Minister and Finance Minister Chrystia Freeland presented the fall economic statement on Tuesday, revealing a plan that aims to address pressing challenges facing the Canadian economy. The statement anticipates a spike in the cost of servicing the government’s substantial debt load in the coming years. Despite this, Freeland emphasized the government’s commitment to […]
Cineplex Sells Off Amusement Solutions Division For $155 Million In Cash
Cineplex (TSX: CGX) is selling off non-core assets in an effort to boost its balance sheet. The entertainment giant is selling off Player One Amusement Group, the firms amusement solutions division. The division, which sells and distributes arcade gaming equipment, as well as operates entertainment centres, has been sold to OpenGate for $155 million, which […]
Patriot Battery Metals Claims New Discovery At CV9 Based On Preliminary Results
Despite prior exploration success, Patriot Battery Metals (TSXV: PMET) is reporting that it has made yet another discovery at its Corvette property in the James Bay region of Quebec. The discovery follows an inaugural 18 hole drill program that took place at the CV9 Pegmatite, which amounted to 4,000 metres of drilling. Results released however […]
OpenAI Announces ‘New Initial Board’ of Directors
The high-speed saga at OpenAI may not be over yet. Bloomberg News, citing sources close to the matter, reported on Tuesday that ousted CEO Sam Altman is in talks to return to the artificial intelligence startup as a director on a transitional board. Mere hours later (and very late on Tuesday/early on Wednesday), OpenAI announced […]
Charlie Kirk, Tim Pool Lead Crowdfunding For Musk, Boycott Call On Withdrawing X Advertisers
A number of online personalities on X (fka Twitter) are banding together to show support for the platform and its controversial owner, Elon Musk. The move is said in solidarity for the polarizing tech mogul and his social media company in support of defending “free speech.” Most recently, many advertisers on X have been pulling […]
Music Publishers File Preliminary Injunction Against Anthropic, Seeking to Halt ‘Improper Use of Copyrighted Works’
Three major music publishers – Universal Music, Concord Music Group, and ABKCO Music – have petitioned a federal court judge for a preliminary injunction against Anthropic, an artificial intelligence (AI) company based in San Francisco. The motion seeks to prevent Anthropic from reproducing or distributing copyrighted song lyrics owned by the publishers. The publishers, who […]
Trial To Be Set As California Guns To Revoke Tesla’s Manufacturer And Dealer Licenses
It was more than a year ago when the Department of Motor Vehicles in California accused Tesla (NASDAQ: TSLA) of engaging in false advertising regarding its driver-assistance technology. In two complaints filed on July 28, 2022, the agency alleged that Tesla misled customers by asserting in advertisements that vehicles equipped with its Autopilot and Full […]
Iowa Board of Regents Approves Controversial Rollback of DEI Initiatives
The Iowa Board of Regents has decided to scale back diversity, equity, and inclusion (DEI) initiatives across the state’s three public universities: the University of Iowa, Iowa State University, and the University of Northern Iowa. The decision, based on 10 recommendations from a study group formed at the request of Governor Kim Reynolds, aims to […]
Snoop Dogg Reveals What ‘Giving Up Smoke’ Was All About and It’s Not What Anyone Expected
When iconic rapper and entrepreneur Snoop Dogg, who once revealed that he pays someone $40,000-$50,000 to roll his blunts, said that he was “giving up smoke” via a cryptic black-and-white social media post on Thursday, people were of course suspicious. Cannabis has, for the most part, defined his persona, his music, and the rest of […]