Trump Has Big Plans For His White House Return
Former President Trump’s associates are carefully vetting the ideologies of thousands of potential supporters as part of an unprecedented effort to consolidate and expand his influence across all levels of the U.S. government in the event of a victory in 2024, according to officials familiar with the situation. The significance of this initiative lies in […]
Manulife Cuts 250 Jobs in Wealth and Asset Management Unit
Manulife Financial Corp. (TSE: MFC) has become the latest financial institution to reduce its staff. The firm has cut 250 jobs within its wealth and asset management unit at offices in the United States, Canada, Britain, and Asia. The financial industry, grappling with economic and geopolitical uncertainties, higher interest rates, and a sluggish dealmaking environment, […]
Google Witness Unexpectedly Reveals Just How Much Being the Default Search Engine on Safari Costs
Alphabet’s (Nasdaq: GOOGL) economics expert may have inadvertently revealed that Google allocates a substantial 36% of all search ad revenue generated from Safari to Apple (Nasdaq: AAPL). Google has for years tried to keep this information confidential and was intending to keep it so until University of Chicago professor Kevin Murphy said the number during […]
Tesla Backs Off Controversial Cybertruck ‘No Resale’ Policy
Tesla has quietly removed language from its sales agreement outlining the “no resale” policy for the Cybertruck. This change comes in the wake of widespread backlash after reports that the automaker might take legal action against buyers attempting to sell the vehicle within the first year. The policy was first reported over the weekend when […]
Coinbase Warns of Transaction Halts As Bitcoin Plummets
Coinbase (NASDAQ: COIN) seems to have been halting some transactions on its platform due to what it refers as “elevated error rates.” “We’re currently investigating elevated error rates across Coinbase.com (web and mobile). Customers may have trouble trading or completing a buy/sell,” said the firm’s advisory. This comes shortly after bitcoin suffered a nearly 5% […]
Sigma Lithium Reports Strong Third Quarter Financials
Sigma Lithium Corporation (TSX: SGML), a prominent global lithium producer, has released its financial results for the third quarter ending September 30, 2023. During this quarter, Sigma Lithium achieved a significant milestone by generating revenue amounting to US$97 million, marking its inaugural revenue-generating quarter following a successful transition into a leading global lithium producer. This […]
Top German Journalist Had A Secret $700,000 Deal with Putin Ally
Veteran German journalist Hubert Seipel, acclaimed for his best-selling book and award-winning documentary on Russian President Vladimir Putin, has been exposed for secretly accepting hundreds of thousands of dollars from a shell company linked to sanctioned Russian oligarch Alexey Mordashov. The leak, part of the Cyprus Confidential investigation by Paper Trail Media, Der Spiegel, and […]
New Research Claims Google and Meta Could Owe US News Publishers Billions Under New Legislation
A recent research paper suggests that under the proposed Journalism and Competition Preservation Act (JCPA), Google (Nasdaq: GOOGL) and Meta (Nasdaq: META) could owe US news publishers between $11.9 billion and $13.9 billion annually. The study, conducted by academics from The Brattle Group, the University of Houston, and Columbia University, utilized a “conservative” estimate to […]
Calibre Mining Acquires Marathon Gold For $345M, But Is It Too Cheap?
Calibre Mining (TSX: CXB) has entered into an agreement to acquire Marathon Gold (TSX: MOZ) in a transaction valued at C$345 million. The merger aims to establish an Americas-focused, mid-tier gold-producing company projecting an average annual production of 500 koz of gold from 2025 to 2026. Under the terms of the deal, Marathon shareholders will […]
Skeena Resources Reports After-Tax NPV(5%) Of $2 Billion For Eskay Creek Project
Skeena Resources Limited (TSX: SKE) released the findings of a recently conducted feasibility study for its Eskay Creek Gold-Silver Project. This property, exclusively owned by Skeena, is strategically located in Tahltan Territory, nestled within the Golden Triangle of northwest British Columbia. Among the key highlights emerging from the study is an after-tax net present value […]