Dr Pepper Challenges Pepsi for Second Place in America’s Soda Market
Dr Pepper has emerged as a serious contender in the battle for dominance in the American soda market challenging Pepsi’s long-held second-place position behind Coca-Cola. According to recent market share data from Beverage Digest, Dr Pepper tied with Pepsi for the runner-up spot in 2023, each capturing 8.3% of the market by volume, with Dr […]
FDA Panel Rejects MDMA for PTSD Amid Safety and Methodology Concerns In The Trials
An FDA advisory panel has recommended against approving MDMA for PTSD treatment, citing significant concerns about the safety and methodological integrity of the supporting trials. Despite promising results from two Phase 3 trials by Lykos Therapeutics, the panel voted 9-2 against the drug’s efficacy and 10-1 against the benefits outweighing the risks. The panel’s decision […]
Dozens of Boeing Employees Join Fight for Better Safety Measures Despite Whistleblower Deaths
Despite the recent deaths of two whistleblowers, roughly 50 current and former Boeing (NYSE: BA) employees have joined forces to demand improved safety standards for the embattled aircraft manufacturer, according to a report from The Independent. The employees, represented by lawyer Brian Knowles, maintain that their goal is not to “bring down” the company but to […]
Latest Memecoin Scam: Hulk Hogan and $HULK
Famed wrestler Hulk Hogan’s social media account was just used to promote a new cryptocurrency called $HULK, part of a growing trend where celebrities’ online platforms are hijacked to endorse various memecoins. Multiple posts appeared on Hogan’s verified X account and his official website, claiming that the wrestling legend was endorsing $HULK, a new memecoin. […]
Sponsored · Selkirk Copper Mines
Gold Falls Nearly 3% Following China’s Central Bank Failing To Add To Reserves In May
China’s central bank has stopped its buying spree of gold. The People’s Bank of China has indicated that its bullion holdings are unchanged as of the end of May, signaling the end of what was an 18 month long buying spree of the yellow metal. The People’s Bank had been aggressively acquiring gold since November […]
Canada’s Unemployment Rate Grows To 6.2% As Full Time Jobs Tumble In May
The Canadian job market showed signs of cooling in May as unemployment ticked higher and employment was little changed. The unemployment rate rose to 6.2% from 6.1% in April, Statistics Canada reported Friday. The number of unemployed people increased by 28,000 to 1.4 million, a jump of 2.1% on a month over month basis. Three […]
Nevada Copper Sees Mercuria Holdings Nominee Step Down From Board As Bankruptcy Nears
Nevada Copper (TSX: NCU) has seen the resignation of another director from its board of directors as of this morning. The departure follows the revelation yesterday that the company is likely headed for creditor protection. The latest director to make their exit is Guillaume de Dardel. The departure is notable, considering de Dardel was the […]
GameStop Crashes 17% In Pre-Market Trading After Announcing Plan To Sell 75 Million Shares On Open Market
After speculators spent all evening yesterday estimating the gain of Roaring Kitty’s portfolio on GameStop (NYSE: GME) due to strong after hours action, the equity is tumbling in early morning trade today following the filing of a prospectus supplement by the company. GameStop has filed to sell an additional 75 million shares under an at […]
Sponsored · Selkirk Copper Mines
Rite Aid Won’t Exit Bankruptcy Until CEO Takes a Massive Pay Cut
Rite Aid Corp.’s (NYSE: RAD) bankruptcy proceedings have hit a snag as the company’s main lenders demand a reduction in the proposed $20 million payout to Chief Executive Officer Jeffrey Stein. The pay package has become a point of contention in the ongoing negotiations that began when the pharmacy chain filed for Chapter 11 protection […]
Explosion at Paris Hotel Leads to Arrest of 26-Year-Old Amid Olympic Security Concerns
French authorities have arrested a 26-year-old Russian-Ukrainian man on suspicion of planning a violent act after he was injured in an explosion at a hotel near Paris’s Charles de Gaulle airport. The man suffered serious burns and was treated by a fire brigade before being taken into custody. According to the Anti-Terrorism Prosecutor’s Office, investigators […]