The Netherlands to Expand Offshore Gas Extraction and Nuclear Energy
The incoming Dutch government has announced plans to reduce the country’s dependence on “unreliable countries” by expanding offshore natural gas extraction and nuclear energy production, according to Reuters. The draft coalition pact, presented by the right-wing government on Thursday, said that the Netherlands will adhere to international climate goals but will not impose additional national […]
Ontario Health Minister Refuses to Allow Toronto to Even Suggest It Should Decriminalize Drugs
The Ontario government is giving the Toronto Public Health’s request to decriminalize small amounts of illegal drugs for personal use in the city a hard pass. In a public letter addressed to Toronto’s medical officer of health, Health Minister Sylvia Jones and Solicitor General Michael Kerzner labeled the request as “misguided” and warned against pursuing […]
GameStop Shares Plummet Following Prelim Q1 2024 Earnings, Financing Announcement
GameStop Corp. (NYSE: GME) saw its shares drop by over 25% today after announcing plans to sell additional stock and reporting a decline in first-quarter sales. The company has entered into an open market sale agreement to offer and sell up to 45 million shares of its Class A common stock. The announcement detailed that […]
Usha Resources Enters LOI To Sell 90% Interest In Jackpot Lake Lithium Project For $18 Million In Cash And Stock
Usha Resources (TSXV: USHA) has entered into a letter of intent to sell one of its flagship properties. The agreement, as per this mornings release, was reportedly entered into two months ago on March 15, 2024. The LOI is for the sale of a 90% interest in the firms Jackpot Lake Lithium Brine Project, which […]
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Tilray To Conduct $250 Million ATM Financing To Fund Acquisitions
Tilray Brands (TSX: TLRY) is aiming to take as much money out of the market as it can, announcing this morning that it has filed a prospectus for an at-the-market offering with the US Securities and Exchange Commission. The filing follows the Biden Administration yesterday signaling it will be proceeding with moving cannabis to Schedule […]
Shoppers Drug Mart Gets Caught Trying to Hire A ‘Volunteer’
A Shoppers Drug Mart pharmacy in downtown Toronto was caught appearing to try to hire a volunteer — i.e. get free labor — through a now-deleted job listing. The listing, posted on LinkedIn by pharmacist-owner Emil Harba, outlined duties such as assisting customers, restocking shelves, and organizing inventory, all without compensation. Loblaw (TSE: L), Shoppers […]
Tesla to Face Class-Action Lawsuit Over Alleged Misrepresentation of Self-Driving Capabilities
A US judge on Wednesday allowed a proposed class-action lawsuit against Tesla (Nasdaq: TSLA) and its CEO, Elon Musk, to proceed. The lawsuit, filed by California resident Thomas LoSavio, alleges that the electric car maker misled consumers about the self-driving capabilities of its vehicles since 2016. LoSavio, who paid an extra $8,000 for the Full […]
Suspect in Slovakian PM Shooting Identified as Pro-Russian Sympathizer and Writer Juraj Cintula
An assassination attempt was made on Slovakian Prime Minister Robert Fico on Wednesday. The suspect, identified by local media as 71-year-old Juraj Cintula, is a resident of Levice, a self-described writer, and a founding member of the Rainbow Literary Club. Cintula, who has published three poetry collections and two novels, has been linked to the […]
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Japan’s Housing Crisis: Not Enough People, Too Many Vacant Homes
On the opposite side of the world, the housing crisis isn’t about a shortage in supply but a shortage of people needing homes. Recent data released by Japan’s Ministry of Internal Affairs and Communications show that the country’s number of empty homes continues to rise. The survey reveals that vacancies have reached a staggering 8.99 […]
OTC Markets Group To Allow Trading Overnight
OTC Markets Group Inc. (OTCMKTS: OTCM), a regulated financial market operator for US and global securities, has announced the launch of OTC Overnight, a new offering that will enable trading of OTC equity securities during extended hours. The service, expected to be available in the second quarter of this year, will allow investors to trade […]