There’s been a great deal of speculation surrounding a potential Starlink initial public offering (IPO), and the idea of an impending Starlink stock release date has investors excited. Elon Musk’s satellite internet business been referred…
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As the energy transition continues to unfold, US electric vehicle (EV) pioneer Tesla (NASDAQ:TSLA) has been making moves to secure supply of the raw materials it needs to meet its production targets. Lithium in particular…
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First Helium Inc. (‘First Helium’ or the ‘Company’) (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC) today announced that it has begun drilling its proven undeveloped (‘PUD’) 7-30 oil location at its Worsley Property in Northern Alberta…
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Since reaching an all-time high of US$3,002 per ounce in February 2022 palladium has been in a continuous downward trend. More than 80 percent of the platinum group element’s (PGE) demand comes from the auto…
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Canadian oil and gas stocks have faced a rollercoaster ride over the past few years. However, analysts remain optimistic about the sector, and there are signs that oil and gas companies in Canada may be…
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Ioneer (ASX:INR,NASDAQ:IONR) has received a US$996 million loan from the US Department of Energy’s (DOE) Loan Programs Office (LPO) to develop an on-site processing facility at its Rhyolite Ridge lithium-boron project. Filed under the DOE’s…
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Vanguard fined more than $100 million by SEC over violations involving target date retirement funds
by adminAsset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission announced Friday. The alleged violations stem from a 2020 change…
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Investors pitch new international basketball league that would offer players equity
by adminA group of high powered investors want to raise billions to form a new international basketball league, according to people familiar with the matter. The new organization would offer players equity, those people said. The…
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Business
American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim
by adminAmerican Express will pay a total of about $230 million to resolve federal wire fraud investigations, and to settle civil allegations of deceptive marketing, the company said Thursday. The tally includes more than $138 million as…
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The CEO of UnitedHealth Group said Thursday that shortcomings of America’s health care system must be addressed. On the company’s first earnings call since the fatal shooting of UnitedHealth executive Brian Thompson, CEO Andrew Witty…