Reminder: EVs Aren’t Cheap to Repair
In the latest incident of high repair costs for new electric vehicles, a Rivian owner recently faced a $41,000 estimate for a rear-end collision. To put that in perspective, the base price for the 2023 Rivian R1T Adventure model is $73,000, making the rear-end dent repair nearly 60% of the price of the vehicle. Related: […]
Not a ‘Skittles ban’: California Sets Precedent with Ban on Four Common Food Additives
California has become the first state in the United States to enact a comprehensive ban on four food additives widely used in thousands of products, including cereals, sodas, and candies. The legislation, officially known as the “California Food Safety Act,” was signed into law by Governor Gavin Newsom on Saturday, marking a significant milestone in […]
Fraud-Riddled Ontario Real Estate Developer Defaults On Payments To Fortress Victims
Ontario-based real estate developer Sunrise Homes finds itself in a precarious situation, having defaulted on a court-ordered settlement to repay the substantial debt it owes to lenders entangled in the collapse of Fortress Real Developments Inc., once Canada’s largest syndicated mortgage company. On May 8, 2023, Justice Peter J. Osborne sanctioned a settlement agreement. This […]
Unifor Reaches Deal with GM After Just Hours of Striking
General Motors (NYSE: GM) and the Canadian labor union Unifor have reached a tentative agreement following a strike by 4,300 workers at three GM facilities. The strike, which lasted approximately 12 hours, had the potential to disrupt GM’s profitable full-size truck production. However, it ended after GM agreed to a pattern agreement similar to the […]
George Santos Charged By DOJ With Fraud, False Statements, Identity Theft
Federal prosecutors leveled a barrage of new charges against Representative George Santos of New York on Tuesday. These charges allege a fresh set of criminal activities, including the unauthorized use of donors’ identities and credit card details for his campaign. The comprehensive 23-count superseding indictment outlines how Santos repeatedly charged his donors’ credit cards without […]
Air Canada Grounds Pilot Who Posted “F*ck You Israel, Burn In Hell”
Air Canada (TSX: AC) has taken disciplinary action against one of its pilots due to controversial social media posts that have stirred public concern. The airline confirmed the suspension of the pilot who has been associated with pro-Palestinian demonstrations and made inflammatory statements regarding Israel. The posts in question depicted the pilot attending these demonstrations, […]
Over 800 Canadians ‘De-Banked’ Since 2018, Including Freedom Convoy Supporters
Since 2018, more than 800 Canadians have faced account closures by their banks, including hundreds of supporters of the Freedom Convoy movement, as revealed by documents obtained through access-to-information records first reported by Blacklock’s Reporter. According to the data disclosed, a total of 837 individuals have been “de-banked” over the past five years. The Financial […]
West Red Lake Gold Intersects 33.47 g/t Gold Over 1.35 Metres At Rowan
FULL DISCLOSURE: This is sponsored content for West Red Lake Gold. Further drill results were released by West Red Lake Gold Mines (TSXV: WRLG) from ongoing exploration at its Rowan Property, found in northwestern Ontario. Highlights from the results include: RLG-23-159: 12.43 g/t gold over 2.1 metres from 247.4 metres, and 12.81 g/t gold over […]
Stellantis Invests US$120 Million To Increase Stake In McEwen Copper To 19.4%
Stellantis (NYSE: STLA) continues to throw around Argentinian Peso’s as it works to build out its electric vehicle supply chain. The company this morning concluded a second investment into McEwen Copper, a subsidiary of McEwen Mining (NYSE: MUX), following an initial investment in February. As of this morning, Stellantis has invested an additional ARS $42 […]
Birkenstock Prices IPO At $46 Per Share, Aims To Raise $1.48 Billion
Birkenstock Holdings (NYSE: BIRK) has revealed the pricing details of its initial public offering (IPO), set to offer 32,258,064 ordinary shares to the public, each priced at $46.00 per share. This IPO comprises 10,752,688 shares from Birkenstock itself and an additional 21,505,376 shares from a selling shareholder. A fully subscribed offering would amount to around […]