Is Rogers Quietly Laying Off Employees?
Concerns are mounting over the possibility of quiet layoffs at Rogers Communications (TSE: RCI.B) during recent restructuring activities within the company. According to information provided to Samfiru Tumarkin LLP, an undisclosed number of employees across various roles were let go in April. These alleged layoffs, notes the law firm, coincide with the cancellation of Cityline, a […]
Boeing Supplier Whistleblower Joshua Dean Dies, Just Two Months After First Whistleblower’s Death
Joshua Dean, a former quality auditor at Boeing supplier Spirit AeroSystems, passed away on Tuesday morning at the age of 45 after battling a sudden and aggressive infection. Dean, who lived in Wichita, Kansas, had been in critical condition for two weeks before succumbing to complications from pneumonia and a severe bacterial infection, MRSA. Dean […]
Canada’s Trade Deficit Hits $2.3 Billion In March, Highest Level Seen Since June 2023
Canada’s merchandise trade balance swung to a deficit of $2.28 billion in March, the largest trade deficit since June 2023. This unexpected shift came as exports declined 5.3% while imports fell by a more modest 1.2%. The main driver behind the widening trade deficit was a decrease in exports of unwrought gold, which had previously […]
Cantor Fitzgerald: If Russia Retaliates Against Uranium Ban, Markets Will Go “No-offer”
On Tuesday the U.S. Senate made a significant move by voting unanimously in favor of the Prohibiting Russian Uranium Imports Act. The bill, which aims to restrict the import of uranium from Russia, will now be forwarded to the White House for President Joe Biden’s signature. The President has already signaled his approval of the […]
Sponsored · Selkirk Copper Mines
Toronto New Listings Up as Home Sales Dip in March 2024
The Toronto Regional Real Estate Board (TRREB) reported a 4.5% decrease in home sales in March 2024 compared to the same month last year, with 6,560 transactions recorded through the Multiple Listing Service (MLS) System. The decline in sales is partially attributed to the Good Friday holiday falling in March this year, as opposed to […]
SNDL To Gain Exposure To US-Based Cannabis Assets Found Across Five States
SNDL (NASDAQ: SNDL) is set to acquire an indirect interest in US cannabis assets through its interests in SunStream Bancorp following a review by the listing authority of Nasdaq. Sunstream Bancorp holds non-voting and non-participating exchangeable interests in SunStream USA Group, which has been approved to acquire US-based cannabis assets. Notably, SNDL will not be […]
HighGold Mining To Be Acquired For $0.55/Share By Contango ORE
Treasury Metals’ deal to acquire Blackwolf isn’t the only consolidation happening within the gold sector today. Contango ORE (NYSE: CTGO) this morning indicated it will be acquiring HighGold Mining (TSXV: HIGH) in an all-share transaction that will see the consolidation of gold mining assets in Alaska. The transaction, which will see HighGold shareholders receive 0.019 […]
Treasury Metals To Acquire Frank Giustra’s Blackwolf Copper and Gold
Canadian mining giant Frank Giustra is set to take a major stake in another near-term gold producer. Treasury Metals (TSX: TML) this morning declared that it will be acquiring Giustra’s Blackwolf Copper and Gold (TSXV: BWCG) in an effort to create what it calls a “new growth-focused North American gold platform.” The transaction will see […]
Sponsored · Selkirk Copper Mines
UNC Frat Boys Get Close to $350,000 from GoFundMe Campaign for Protecting US Flag from Protestors
Today in bizaare fundraisers, a GoFundMe campaign created for the University of North Carolina at Chapel Hill’s Pi Kappa Phi fraternity gained significant traction, with American billionaire and activist investor Bill Ackman listed as a top donor. The fraternity members were praised for defending the US national flag against pro-Palestinian protesters on campus. The fundraiser, […]
Tesla Lays Off Entire Supercharger Team in Midnight Purge
Tesla (Nasdaq: TSLA) CEO Elon Musk has made significant cuts to the company’s workforce, including the entire Supercharger and Policy teams, as well as the lead for new products. This move comes just three weeks after Musk announced plans to lay off more than 10% of Tesla’s global workforce. The layoffs have impacted key figures […]