Developers’ Influence on Greenbelt Extraction Sparks Controversy in Ontario
In a scathing special report, Ontario’s auditor general, Bonnie Lysyk, has revealed a troubling connection between developers and the province’s decision to extract Greenbelt lands. The report highlights what appears to be preferential treatment afforded to developers, with indications that they exerted direct influence over the decision-making process. This revelation follows a rigorous six-month investigation […]
ECOWAS Will Deploy ‘Standby Force’ to Restore Democracy in Niger
The Economic Community of West African States (ECOWAS) announced it’s going to deploy a “standby force” with the goal of reestablishing democracy in Niger post-coup. Meanwhile, in a chilling revelation, Niger’s military junta has threatened to kill the deposed President Mohamed Bazoum should neighbouring nations attempt a military intervention to reestablish his governance. This information […]
Law Firm Dentons Exits From China As Gov’t Intensifies Control
Dentons, the global law firm, has made the decision to sever its ties with its Chinese affiliate Dacheng amidst mounting challenges. Months prior to this move, Dentons had advised its staff in western countries against traveling to China due to difficulties encountered by some professionals in leaving the country. These individuals had faced significant delays […]
Mexico Says No To BRICS Membership As It Looks To Reinforce Treaty With North America
President Andres Manuel Lopez Obrador affirmed on Tuesday that Mexico has chosen to prioritize the strengthening of its economic ties with the United States and other nations within the Americas, instead of pursuing membership in the BRICS alliance. During his regular morning press conference, Obrador, or AMLO as he is commonly known, clarified Mexico’s stance, […]
Disney Hikes Streaming Price As Q3 2023 Sees Decline In Subscribers
Disney (NYSE: DIS) announced its fiscal third-quarter earnings after market close on Wednesday, surpassing expectations. The company unveiled a groundbreaking partnership, revealing that its flagship sports network ESPN had struck a monumental $2 billion deal with Penn Entertainment (NASDAQ: PENN) to introduce ESPN Bet, a distinctive sportsbook. However, the quarter saw Disney+ subscribers fall short […]
Curaleaf Sees Losses Climb In Q2
Curaleaf Holdings (CSE: CURA) saw mild growth in the second quarter in terms of topline revenue as the company turns its focus to the European market and treads water stateside. “As the U.S. industry regains its supply-demand equilibrium and we eagerly anticipate the game changing catalysts on the horizon, we continue to control costs and […]
Canopy Growth Squeaks A Smaller Loss In Fiscal Q1 2024, Going Concern Doubts Still Loom
The resilience of Canopy Growth (TSX: WEED) faces renewed scrutiny as its streak of financial losses persists into the first quarter, raising concerns about its long-term viability. Canopy’s quarterly net revenue displayed modest growth, climbing by 3% to $108.7 million from last year’s $105.9 million, a boost attributed to the expansion of its BioSteel division […]
US CPI Rises to 3.2% in July
Inflation in the US rose another 0.2% month-over-month in July, resulting in an annual increase of 3.2%— slightly below forecasts calling for a print of 3.3% but above June’s reading of 3%. Core CPI, which excludes volatile components such as food and energy, was up 4.7% over the past 12 months, less than last month’s […]
Mic Cardi B Threw at A Fan Sells for Almost $100K for Charity
In an interesting plot twist, the microphone that rapper Cardi B threw at an erring audience member in late July has been auctioned off, earning almost $100,000 for some good causes. As the singer was performing at the Drais Beach Club, an unidentified individual from the crowd hurled a glass drink at her. A startled […]
US Scientists Achieve Second Net Energy Gain in Nuclear Fusion Breakthrough
In a significant step forward for the field of nuclear fusion, US scientists at the Lawrence Livermore National Laboratory in California have achieved a second instance of net energy gain in a fusion reaction, with an even higher energy yield. The breakthrough comes on the heels of the laboratory’s initial demonstration of fusion ignition in […]