Stillwater Critical Minerals (TSXV:PGE,OTCQB:PGEZF) has signed a non-binding memorandum of understanding (MOU) with private company US Strategic Metals (USSM) to explore potential business opportunities within the critical metals sector. The MOU outlines a broad range…
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Taiwan Semiconductor (TSMC) (NYSE:TSM,TPE:2330), the world’s largest contract chipmaker, reported a strong 39.6 percent year-over-year increase in revenue for September 2024. Based on this, the company’s Q3 earnings beat analysts’ expectations and the company’s own…
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Despite starting the year strong with prices trending above US$106 per pound, uranium values have spent much of the last six months contracting. “I’ve been following this market for about seven, pushing eight years,” Huhn…
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Boeing withdrew a contract offer for 33,000 machinists who have been on strike since mid-September, and said further negotiations “do not make sense at this point.” The machinists walked off the job on Sept. 13 after…
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DETROIT — General Motors will drop the name “Ultium” for its electric vehicle batteries and supporting technologies after spending years promoting the brand as it rethinks its EV and battery operations. The Detroit automaker confirmed the switch…
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Business
DOJ and FTC warn consumers of fraud and price gouging risks ahead of Hurricane Milton
by adminAs Hurricane Milton approached landfall in western Florida on Wednesday, the Biden administration warned consumers and businesses of the heightened risk of potential fraud, price gouging and collusion that accompanies major natural disasters. “Wrongdoers are looking to…
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TD Bank pleaded guilty Thursday to multiple criminal charges and agreed to pay a whopping $3 billion in fines and other penalties to the Department of Justice and financial regulators for failing to monitor money laundering by drug…
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AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. The Instinct MI325X, as the chip is called, will start production before the end…
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World News
Australian Prime Minister Anthony Albanese apologizes for ‘hurtful’ Tourette’s syndrome jibe
by adminAustralian Prime Minister Anthony Albanese has apologized after using an ableist slur to taunt political opponents in parliament. Albanese was speaking during question time on Tuesday when opposition lawmakers repeatedly interrupted him. “Have you got…
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World News
Italy’s hard-right government set to send sea migrants to Albania in bid to curb arrivals
by adminThe Italian government is facing a new set of challenges as it prepares to open two migrant processing centers in Albania in October where men rescued at sea en route to Italy will be processed for asylum. It’s a move…