Canada’s Great Grocery Ripoff
On our last episode, we discussed the Liberal government’s unconvincing and empty threat to tax Canada’s grocery chains if they don’t all submit convincing plans to stabilize grocery prices by Thanksgiving. Everything that’s left of Canadian news media has been all over this story all year on the behalf of the grocery buying, food-eating public. […]
Sweden Considers Deploying Military to Combat Rising Gang Crime
Sweden is contemplating deploying its military to aid law enforcement in combating a surge in gang-related crime, marked by a significant rise in fatal shootings and bomb attacks. “I cannot emphasize enough how serious the situation is. Sweden has never seen anything like it before. No other country in Europe sees anything like it currently,” […]
Linda Yaccarino to Meet with X’s Lenders, Says Platform Should Turn Profit by 2024
Linda Yaccarino, the CEO of X, the platform formerly known as Twitter, is set to meet with seven banks that provided financing for Elon Musk’s acquisition of the platform. Scheduled for October 5, the meeting is being closely watched by industry insiders who remain skeptical about X’s prospects for revival. It will undoubtedly put the […]
Tesla Gets Another Racial Discrimination Lawsuit
The US Equal Employment Opportunity Commission (EEOC) has filed a lawsuit against Tesla Inc (Nasdaq: TSLA), alleging the electric carmaker’s complicity in permitting severe harassment of Black employees at its flagship Fremont, California assembly plant. The lawsuit, filed in federal court in California, claims that from 2015 to the present, Black workers at the Tesla […]
Epic Games to Cut 16% of Its Workforce, ‘We’ve Been Spending Way More Money Than We Earn’
Fortnite developer Epic Games is set to lay off approximately 16% of its workforce, according to a statement from the company’s CEO, Tim Sweeney. The cuts will affect around 870 employees. This move comes as Epic Games grapples with financial challenges, acknowledging that the company has been spending more money than it earns. “For a […]
Alpha Lithium’s Board Recommends Taking Tecpetrol Deal
Alpha Lithium’s (NEO: ALLI) board of directors has recommended accepting the improved offer from Tecpetrol Investments for the acquisition of all outstanding common shares of Alpha. The offer stands at $1.48 per share in cash. This comes after Caravel Capital Investments, a major shareholder of the company, issued an open letter endorsing Tecpetrol’s revised offer […]
Biden Impeachment: Even Republican Witness Admits Evidence Is Not Enough
House Republicans launched an impeachment inquiry against President Joe Biden on Thursday, saying they intend to “provide accountability” as they make their case to the public, their colleagues, and skeptics. The inquiry is focused on Hunter Biden’s business dealings and whether President Biden used his office for personal gain. Republicans have not yet provided any […]
First Phosphate Receives Letter Of Interest For $170 Million In Funding From Export-Import Bank Of US
First Phosphate (CSE: PHOS) has reportedly received a letter of interest from the Export-Import Bank of the United States, who has expressed interest in providing financing of up to $170 million to the company.
Multi-Billion Dollar Metals SPAC Deal Collapses Amidst Turbulent Negotiations
ACG Acquisition Co’s $1 billion metals deal, initially promising as it included a prominent global miner and top automakers as anchor investors, has hit a dead end due to prolonged negotiations, the London-listed special purpose acquisition company (SPAC) announced on Thursday. The deal aimed to secure ownership of both a nickel mine and a copper […]
Sam Bankman-Fried’s Bid for Temporary Release Denied, To Stay In Jail For Trial
Sam Bankman-Fried’s legal team made a third attempt to secure his temporary release from prison ahead of his trial in October, but a New York court has once again denied their request. District Court Judge Lewis Kaplan has ruled that Bankman-Fried must remain at the Brooklyn Metropolitan Detention Center (MDC) as his defense attorneys failed […]