Hempalta Corp. (TSXV: HEMP) (‘Hempalta’ or the ‘Company’), a Canadian-based provider of nature-based carbon credit solutions, today issued a corporate update outlining recent developments in its strategic transition. Equipment Sale Update On May 22, 2025, Hempalta announced its wholly owned subsidiary, Hempalta Processing Inc. (‘HPI’), had entered into a US$1.15…
In a move that has ignited a storm of opposition from Indigenous communities and environmental groups, Ontario’s Progressive Conservative government passed Bill 5 on Wednesday (June 4). Formally titled the Protecting Ontario by Unleashing our Economy Act, the legislation grants the province unprecedented authority to override provincial and municipal laws…
Here’s a quick recap of the crypto landscape for Friday (June 6) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$104,245 as markets closed for…
Statistics Canada released its May Labour Force Survey on Friday (June 6). The data showed that nearly 9,000 new jobs were added to the workforce during the month. The news surprised analysts who were expecting losses of 12,500 as the effects of US trade tariffs began to be felt in…
Here’s a quick recap of some of the most impactful resource sector news items for the week. The period saw the Ontario government back the Marathon copper-palladium project, while Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) opened up a US$2 billion iron ore mine. Elsewhere, Indonesia suspended nickel mining in a protected region, and…
Procter & Gamble will cut 7,000 jobs, or roughly 15% of its non-manufacturing workforce, as part of a two-year restructuring program. The layoffs by the consumer goods giant come as President Donald Trump’s tariffs have led a range of companies to hike prices to offset higher costs. The trade tensions…
MongoDB Inc (NASDAQ: MDB) rallied more than 15% on Thursday after reporting a strong first quarter and raising its guidance for the full year.The company’s earnings release indicated increased demand from enterprises and startups for modernized software and AI-focused application development.Including today’s gains, MongoDB stock is up some 70% versus…
Tesla Inc (NASDAQ: TSLA) is crumbling under pressure after the US President Donald Trump signalled plans to terminate billionaire Elon Musk’s government contracts and subsidies.“The easiest way to save money in our budget is to terminate Elon’s governmental subsidies and contracts. I was always surprised that Biden didn’t do it,”…
Asian stock markets were set for a downbeat start on Friday, with futures indicating declines across key regional bourses, largely mirroring a weak session on Wall Street. Investor caution is prevalent as global markets await crucial US jobs data, which is expected to provide significant insights into the Federal Reserve’s…
President Donald Trump’s ambitious tax and spending bill, a cornerstone of his administration’s economic agenda, is facing a wave of skepticism and concern from prominent economists and even former allies like Elon Musk. As the legislation, which narrowly passed the House in May, heads to the Senate, its potential to…