Lithium Americas Pushes Cauchari-Olaroz Full Production To Mid-2024
On August 9, Lithium Americas Corp. (TSX: LAC) reported its second quarter 2023 financial results. As Lithium Americas is a pre-revenue company and is primarily valued on investor perceptions of the long-term values of its flagship Cauchari-Olaroz (C-O) and Thacker Pass lithium projects, the reported numbers are not headline figures per se, but the company’s 2Q 2023 operating […]
Is Elon Musk Backing Out Of The Cage Fight With Mark Zuckerberg?
Audiences eagerly awaiting THE fight of the year debuting Elon Musk and Mark Zuckerberg may soon be disappointed. While Musk initially suggested that their face-off would be live-streamed on his platform, X, he later expressed health concerns that might prevent the fight, such as the need for a neck and upper back examination, hinting at […]
Sam Bankman-Fried Sent To Jail After Judge Raises Concerns Of Witness Tampering
In a significant development, federal judge Lewis Kaplan revoked the bail of FTX founder Sam Bankman-Fried on Friday as per Reuters, resulting in his immediate incarceration. The decision marked the culmination of a prolonged tussle between the United States Justice Department and the once-celebrated crypto entrepreneur, centering around his conduct while awaiting trial on charges […]
‘Global Boiling’ July 2023 was the Hottest Month Ever Recorded
In July 2023, temperature records tumbled as both the World Meteorological Organization (WMO) and the European Commission’s Copernicus Earth Observation Program declared it to be the hottest month in recorded history, pointing to data highlighting a trifecta of alarming statistics: the warmest three-week period, three days of blistering heat peaks, and unprecedentedly high ocean temperatures […]
Justin Trudeau Clears Family Vacation Plans with Non-Existent Ethics Commissioner
Prime Minister Justin Trudeau and his family are in British Columbia for a week-long vacation after receiving clearance from the ethics commissioner in light of the prime minister’s previous personal travel ethics violations. The exact location of their stay remains undisclosed, but the Prime Minister’s Office said the Trudeau family are slated to return to […]
Québec Wants To Return To Nuclear Power
In a bid to bolster electricity generation within Quebec, Hydro-Québec is mulling over a return to nuclear power. The state-owned utility officially announced on Thursday that it is evaluating the feasibility of resuming operations at Gentilly-2, the province’s sole nuclear power facility, which ceased operation in 2012. Maxence Huard-Lefebvre, a spokesperson for Hydro-Québec stated, “We […]
Publishers Begin Pushing RSS to Maintain Readership in Canada As Google, Meta Push Back Against Bill C-18
In the midst of a standoff over Canada’s newly passed bill C-18 that mandates compensation for news outlets for links shared on social media platforms, tech giants Meta and Google have escalated their resistance by blocking (or threatening to block) news content in the country, leaving publishers concerned about maintaining their readership. Really Simple Syndication […]
Fed Tightens Rules On Banks Dealing With Stablecoin Payments As Paypal Launches Its Own Coin
The Federal Reserve, in a significant move aimed at shaping the landscape of digital payment activities within the banking sector, has issued a comprehensive policy statement clarifying its stance on state member banks engaging in certain activities involving digital currencies, particularly dollar tokens. The newly released policy statement addresses section 9(13) of the Federal Reserve […]
Bittrex Agrees To Settle SEC Charges For $24 Million
The U.S. Securities and Exchange Commission (SEC) has announced that Bittrex Inc, along with its co-founder and former CEO, William Shihara, have reached a settlement with the regulatory body. The agreement stems from allegations that Bittrex operated as an unregistered national securities exchange, broker, and clearing agency. Additionally, Bittrex Inc.’s foreign affiliate, Bittrex Global GmbH, […]
Jushi Holdings Sees Revenues Fall In Second Quarter
The US cannabis market continues to see declining revenues for its operators, with Jushi Holdings (CSE: JUSH) being the latest multi-state operator to report a decline in topline revenues. Revenues declined in the second quarter to $66.4 million, an 8.7% decline from the $72.8 million recorded in the year ago period, and a 4.9% decline […]