European Natural Gas Prices Jump 10% This Week, Reaching One-Month High
On September 22, European natural gas prices closed at a one-month high of 40.17 euros per megawatt-hour, which equates to a price of about US$12.55 per thousand cubic feet (Mcf) of natural gas. Prices rose more than 10% just this week. For perspective, the benchmark price of natural gas in the U.S. at the Henry Hub […]
Curaleaf’s Alabama Cannabis License Application May Have Used A Dead Applicant
Curaleaf’s attempt to obtain a medical cannabis license in Alabama has been met with controversy after concerns related to ownership arose yet again, while the primary applicant, a local Alabamian, is reported to have passed away before the licensing process was completed. On Tuesday, Alabama Political Reporter (APR) obtained documents that shed light on a […]
Should Alberta Leave The Canada Pension Plan To Save $5 Billion?
A recent study commissioned by the Alberta government suggests that residents of the province could collectively save over $5 billion in the first year alone if they opt to transfer their funds from the Canada Pension Plan (CPP) to a newly proposed provincial pension scheme. The report, conducted by consulting firm LifeWorks, was unveiled on […]
Could Apple Buy ESPN From Disney?
Given the major shifts in the entertainment industry, a path has elucidated on how a long-mulled Apple-Disney deal could be possible. Business Insider’s Lucia Moses broke down the potential Disney assets that would be fit for the tech giant and found that one could make sense: ESPN. In a strategic maneuver marking his second tenure […]
The Crime In Barrick Gold That Costs Millions Annually
An internal report has revealed that a subsidiary of Barrick Gold (TSX: ABX), operating in Tanzania, incurred annual losses of up to $31 million due to organized criminal activities, some of which involved local law enforcement. The report, obtained by The Globe and Mail, sheds light on troubling issues at the North Mara gold mine […]
Chinese Interference: RCMP Probe Death of a Chinese Dissident in BC
The chilling death of Wei Hu, a 57-year-old BC resident, has now caught the attention of the RCMP. The question lingering is whether his alleged suicide was spurred by China’s Operation Fox Hunt— a campaign launched by President Xi Jinping ostensibly targeting corruption but often used to silence Beijing’s critics abroad. Hu resided in a […]
New York Times Columnist Faces Backlash for Complaining About Airport Meal
New York Times columnist David Brooks was roasted online when he complained about the cost of a meal at Newark Airport on September 20th. Sharing a photo of a burger, fries, and a partly consumed drink on a popular social media platform, Brooks exclaimed, “This meal just cost me $78 at Newark Airport. This is […]
Tecpetrol Raises Alpha Lithium Takeover Bid to $1.48 Per Share
Tecpetrol Investments is not giving up on acquiring all outstanding common shares of Alpha Lithium Corporation (NEO: ALLI), announcing this morning a significant enhancement to its all-cash offer. In a bid to secure shareholder support, Tecpetrol has raised the offer price to $1.48 per share, reflecting a substantial premium and signaling its unwavering commitment to […]
Kansas Utility Evergy Plans To Keep Coal Plant Open To Meet Energy Demands of Panasonic Battery Plant
Evergy, the utility company serving eastern Kansas and western Missouri, is planning to request a rate increase in Kansas next year to meet the increased electricity demand expected from the Panasonic battery plant. This decision follows the pending approval of a rate hike request already submitted to state regulators. Documents filed by Evergy with the […]
Russia Abruptly Bans Diesel, Gasoline Exports
Russia has implemented a ban on the export of diesel and petrol, sending shockwaves through global energy markets and sparking concerns of Moscow’s use of oil supplies as a geopolitical weapon. The move comes as crude oil prices approach the $100 per barrel mark, escalating fears of Russia’s retaliation against Western sanctions. The announcement on […]