As an Amazon Associate I earn from qualifying purchases.
Know what the Bible says and understand why it matters with the fully revised NIV Study Bible featuring updated notes, full-color design, and Comfort Print typography designed for immersive reading.
A trusted companion for deep personal study, sermon prep, and devotional reading highlighted in our faith and leadership coverage.
Another water rate increase is coming to Lake Havasu City this September. It’s part of a five-year plan to raise money for critical repairs and upgrades to our water and sewer systems. These systems are old, expensive to maintain, and...
John Deere plans a $20 billion investment in the U.S. over the next 10 years, emphasizing advanced manufacturing, innovative technologies and product development.
Washington, DC, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Link to ThinkCareBelieve's Article: https://thinkcarebelieve.blog/2025/08/08/week-29-of-americas-shining-success/ThinkCareBelieve has published an article on Week 29 of the Shining Success of America with President Trump at the helm. In this the first 200 days in office, President Trump and his great team have achieved wonderful things. The numbers are out. This week, a report from Stephen Moore, a senior visiting fellow in economics at The Heritage Foundation, presented the unpublished new census bureau data for the first time in the Oval Office with President Trump. The data divided Americans into three groups: lower income (bottom 25% of earners), middle income (middle 50%), and upper income (top 25%). The data shows that all income groups of American families did better during President Trump's first term. The group benefitted the least, but still benefitted, was those in the highest income bracket. This week in the article, culminated in a wonderful Trilateral Peace Agreement between the Armenian Prime Minister Nikol Pashinyan and Azerbaijani President Ilham Aliyev ending more than 30 years of conflict. They are both looking forward to the opportunities that peace will bring their people loaded with possibilities and promise of a brighter future. President Trump says that these two leaders will go down in history as great leaders, and they feel that in 6 months in office, President Trump made miracles happen. Both Presidents will submit a joint nomination to the Nobel Prize Committee for President Trump to be given the Nobel Peace Prize. POTUS said he is interested in saving lives. The Russia~Ukraine War could have been a world war if the Trump Administration had not come into power. When you save lives, you really end up having a peaceful world. He told us to look for an announcement soon about where the meeting with Russia and Ukraine will take place, and ...Full story available on Benzinga.com
Texas Ag Commissioner Sid Miller visited East Texas Beef Processors in Frankston Wednesday as part of his department's ongoing commitment to supporting Texas producers.
OpenAI fans plead case to Sam Altman for GPT-4o's return Business InsiderGPT-5 is here OpenAIThe New ChatGPT Resets the AI Race The AtlanticOpenAI’s latest step towards advanced artificial intelligence The EconomistSam Altman says some users want ChatGPT to be a 'yes man' because they've never had anyone support them before Business Insider
Walmart has agreed to pay $5.6 million to settle a lawsuit filed by the Santa Clara County District Attorney's Office, alleging that the retail giant overcharged customers for prices that were higher than their advertised price, according to a news release from the district attorney's office.
Pinterest CEO Bill Ready said Friday (Aug. 8) that it will be some time before consumers are ready to let artificial intelligence (AI) agents do their shopping for them, but that Pinterest is providing AI-powered tools that will “meet the user where they are” in the meantime. [contact-form-7] Speaking during the company’s quarterly earnings call, and [...]The post Pinterest CEO Says Consumers Benefit From AI-Powered Tools appeared first on PYMNTS.com.
FRANKFURT, Germany, Aug. 08, 2025 (GLOBE NEWSWIRE) -- In response to recent outbreaks of Chikungunya fever, Anbio Biotechnology has announced the launch of its Chikungunya IgM/IgG Rapid Test, offering clinicians and public health authorities a fast, accessible diagnostic tool at...
Disney's settlement with Gina Carano is not an indictment of 'cancel culture' or another example of corporate capitulation. It was simply the right thing to do.
Did you play the Mega Millions? Check your winning numbers for the drawing on Friday, Aug. 8, 2025.
When a business files for Chapter 11, it doesn’t stop needing cash. In fact, its need for cash becomes even more pressing and complicated, which is why on the first day of a bankruptcy case, debtors often seek interim approval to use cash collateral or obtain debtor-in-possession (DIP) financing.While these initial arrangements in a bankruptcy petition’s early days can include terms that are later revisited once a creditors’committee is formed and the US Trustee gets involved, cash collateral and debtor-in-possession (DIP) financing orders are powerful tools that can keep a distressed company alive while its stakeholders sort out who gets paid what and when.What Is Cash Collateral?‘Cash collateral’ is more than cold, hard cash. Section 363(a) of the Bankruptcy Code defines ‘cash collateral’ as including assets like:Deposit accountsProceeds from inventoryRents and profits from income-producing propertiesReceivablesHotel feesSecured creditors have liens that attach to bank... Read the complete article here...© Copyright 2025 Financial Poise
Pages Conferences cordially invites you to its International Conference on Applied Science, Engineering and Technology (ICASET2025), a premier event focusing on the [...]The post International Conference on Applied Science, Engineering and Technology appeared first on Canadian Mining Journal.
ANCHORAGE, Alaska, Aug. 08, 2025 (GLOBE NEWSWIRE) -- First National Bank Alaska's (OTCQX:FBAK) net income for the second quarter of 2025 was $18.4 million, or $5.80 per share. This compares to a net income of $15.6 million, or $4.94 per share, for the same period in 2024."Return on Assets is 1.46% at June 30, 2025, showing improvement over each of the last five quarters," said First National Board Chair and CEO/President Betsy Lawer. "The bank's net interest margin of 3.69% reflects the execution of new high-quality loans and, combined with diligent expense management, has our second quarter net income demonstrating the strength of the strategies developed by our board and executive management team, as well as the excellence of our 600-plus employees."Loans totaled $2.6 billion as of June 30, 2025, an increase of $200.1 million compared to June 30, 2024. Nonperforming loans were $9.8 million, 0.38% of outstanding loans, an increase of $5.1 million from June 30, 2024. The year-to-date provision for credit losses totaled $2.2 million as of June 30, 2025, compared to $1.3 million as of June 30, 2024, due to loan growth. The allowance for credit losses as of June 30, 2025 totaled $20.0 million, or 0.77% of total loans.Total interest and loan fee income in the second quarter was $57.0 million, a 0.7% increase from $56.6 million compared to the second quarter of 2024. Interest and fees on loans increased $4.0 million while interest and dividends on investment securities decreased $2.9 million for quarter ending June 30, 2025 compared to June 30, 2024 on asset mix change year-over-year. Interest income to average earning assets increased to 4.67% compared to 4.40% as of June 30, 2024.Assets totaled $4.9 billion as of June 30, 2025, decreasing $192.3 million compared to June 30, 2024, primarily due to the repayments under the Federal Reserve Bank Term Funding Program during 2024. Return on assets as of June 30, 2025, increased to 1.46%, thirty-eight basis points higher than June 30, 2024, due to strong net income performance during 2025.Total interest expense for the second quarter was $11.8 million, down $4.7 million from $16.5 million compared to the second quarter of 2024, and includes $3.8 million interest incurred on borrowed funds in 2024. Deposits and repurchase agreements totaled $4.3 billion on both June 30, 2025 and June 30, 2024, with corresponding interest expense declining $0.9 million for the second quarter June 30, 2025 as compared to June 30, 2024. Interest expense to average earning assets decreased to ninety-eight basis points compared to 1.42% as of June 30, 2024. Net interest margin through June 30, 2025, was 3.69% compared to 2.98% for June 30, 2024.Noninterest operating income for second quarter 2025 was $7.4 million, and remains consistent with second quarter 2024. Noninterest expenses for second quarter 2025 increased $1.4 million compared to the same period in 2024, primarily due to an increase in salaries and benefits driven by the rising cost of health care. The efficiency ratio for June 30, 2025, was 50.58% and remains better than First National's peer groups, both in Alaska and across the nation.Shareholders' equity was $550.1 million as of June 30, 2025, compared to $485.2 million as of June 30, 2024. This $64.9 million increase resulted from a decrease in the net unrealized loss position of the securities portfolio and net income retained in excess of dividends paid. Return on equity as of June 30, 2025 was 13.53%, compared to 12.30% as of June 30, 2024. Book value per share increased to $173.71, compared to $153.20 as of June 30, 2024. The bank's June 30, 2025 Tier 1 leverage capital ratio of 11.95% remains above well-capitalized standards.ABOUT FIRST NATIONAL BANK ALASKAAlaska's community bank since 1922, First National Bank Alaska proudly meets the financial needs of Alaskans with ATMs and 28 locations in 19 communities throughout the state, and by providing banking services to meet their needs across the nation and around the world.For more than a century, the bank has been committed to supporting the communities it serves. In 2024, for the eighth consecutive reporting period, over a span of twenty-four years, First National received an Outstanding Community Reinvestment Act performance rating from the Office of the Comptroller of the Currency.In 2025, Alaska Business readers voted First National "Best of Alaska Business" in the Best Place to Work category for the 10th year in a row, Best Bank/Credit Union for the fifth time, and Best Customer Service for the second year in a row. That year, Forbes also selected First National as the sixth best bank on their America's Best Banks list and one of the top two Banks in the State, and Newsweek recognized the bank as one of the nation's Best Regional Banks and Credit Unions. The bank was also voted "Best of Alaska" in 2024 in the Anchorage Daily News awards, ranking as one of the top three in the Bank/Financial category for the sixth year in a row. American Banker again recognized First National as a "Best Bank to Work For" in 2024, for the seventh consecutive year.First National Bank Alaska is a Member FDIC, Equal Housing Lender, and recognized as a Minority Depository Institution by the Office of the Comptroller of the Currency, as it is majority-owned by women.Contact Corporate Communications907-777-3409 Financial Overview (Unaudited)Quarter Ended ($ in thousands) 6/30/20253/31/202512/31/20249/30/20246/30/2024 Balance Sheet Total Assets$4,923,803 $4,890,081 $4,997,767 $5,557,306 $5,116,066 Total Securities$1,859,645 $1,882,332 $1,928,625 $2,602,519 $2,197,788 Total Loans$2,591,713 $2,607,081 $2,469,935 $2,445,596 $2,391,593 Total Deposits$3,586,204 $3,580,147 $3,679,155 $3,728,181 $3,698,631 Repurchase Agreements$731,808 $716,908 $743,193 $647,043 $615,096 Total Deposits and Repurchase Agreements$4,318,012 $4,297,055 $4,422,348 $4,375,224 $4,313,727 Total Borrowing under the Federal Reserve Bank Term Funding Program$- $- $- $249,868 $249,868 Unrealized Loss on Marketable Securities, Net of Tax$(40,193)$(49,465)$(62,985)$(52,020)$(86,857) Full story available on Benzinga.com
Shares of Sweetgreen Inc (NYSE:SG) are trading sharply lower Friday morning after the company reported weaker-than-expected second-quarter results and cut its full-year revenue forecast, prompting multiple Wall Street analysts to lower their price targets.What To Know: For the second quarter, Sweetgreen announced revenue of $185.6 million, missing consensus estimates of $194.34 million. The company also reported a net loss of 20 cents per share, wider than the 11-cent loss analysts had anticipated.A key metric, same-store sales, declined by 7.6% year-over-year, a stark contrast to the 3.3% growth seen in the same period last year. CEO Jonathan Neman cited a “convergence of several headwinds, including macroeconomic pressures” and ...Full story available on Benzinga.com
U.S. stocks were higher, with the Dow Jones index gaining around 200 points on Friday.Shares of SoundHound AI, Inc. (NASDAQ:SOUN) rose sharply during Friday's session after the company reported better-than-expected second-quarter financial results and raised its FY25 sales guidance above estimates.The voice AI company posted second-quarter revenue of $42.7 million, beating analyst expectations of $32.88 million and marking 217% year-over-year growth. Adjusted losses narrowed to $0.03 per share versus the $0.09 consensus estimate.SoundHound AI shares jumped 28% to $13.73 on Friday.Here are some other big stocks recording gains in today’s session.LegalZoom.com, Inc. (NASDAQ:LZ) shares jumped 40% to $11.72 after the company reported better-than-expected second-quarter financial results and issued third-quarter sales guidance above estimates.Astrana Health, Inc. (NASDAQ:ASTH) jumped 32.5% to $28.42 after the company reported better-than-expected second-quarter sales results and issued FY25 sales ...Full story available on Benzinga.com
Roblox is evolving into a global digital hub for online gaming in 2025. Fueled by explosive user growth and increasing engagement hours through breakout titles like Snatch a Seed.
Military planners say the trucks could realistically be used by adversaries in future conflicts.
Remittix gains the spotlight as XRP and Cardano rallies lose steam, drawing crypto investors seeking fresh opportunities in cryptocurrency markets.
Competitive pressures emerging for The Trade Desk, Wedbush cuts rating Yahoo FinanceTrade Desk Stock Crashes 38% After Earnings. What’s Causing the Selloff. Barron'sTrade Desk tanks almost 40% on CFO departure, tariff concerns and competition from Amazon CNBCTrade Desk Sentiment Collapses as Specter of Amazon Looms Bloomberg.comTrade Desk’s stock may see its worst drop ever, and analysts wonder if Amazon is to blame MarketWatch
A broken section of a water slide on Royal Caribbean's Icon of the Seas injured a passenger on Thursday, according to the cruise line.
5 things to know as first Bed Bath & Beyond Home opens today MLive.comBed Bath & Beyond relaunches with first store in Nashville, plans dozens more CNBCBed Bath & Beyond opening store with new name, honoring old coupons USA TodayNew Bed Bath & Beyond store opens in Nashville, Tennessee, nearly 2 years after company closed all stores ABC7 Chicago‘A surreal moment’: Bed Bath & Beyond to bounce back with new name in Brentwood WKRN News 2
A recent survey from the Healthcare of Ontario Pension Plan (HOOP) shows the family home has become a growing part of Canadian retirement plans.
Following a demand from Donald Trump that Intel’s Lip-Bu Tan resign immediately, here are are some prominent CEOs and businesses that the U.S. president has publicly criticized.
Pinterest shares plunged about 15 per cent after the image-sharing platform warned of weaker ad spending in the United States, its biggest market.
The U.S. stock market saw a mixed performance today, with the Nasdaq gaining over 70 points, reflecting a 0.35% increase to 21,242.70. Meanwhile, the S&P 500 fell by 0.08% to 6,340, and the Dow Jones Industrial Average experienced a decline of 0.5% to settle at 43,968.64.These are the top stocks that gained the attention of retail traders and investors throughout the day.The Trade Desk, Inc. (NASDAQ:TTD)The Trade Desk’s stock fell by 1.40%, closing at $88.33. During the day, it reached a high of $91.45 and a low of $87.44, with a 52-week range of $141.53 to $42.96. The stock plunged heavily by nearly 29% to $62.88 in the after-hours session. The drop came after the company released its second-quarter earnings, reporting 41 cents per share, aligning with analyst expectations. CEO Jeff Green said at the earnings call, “In the second quarter, starting right at the beginning of April, some of the biggest brands, particularly in sectors like auto and consumer packaged goods, which are meaningful categories for us, began to experience even greater volatility, but since ...Full story available on Benzinga.com
IGM Financial reported record high second quarter earnings and an all-time high for assets under management and advisement. The mammoth financial services company, based in Winnipeg, counted $252.7 million in [...]
As scores of events shift dates, Manitoba’s fall conference season — already busy with the Grey Cup — has gotten busier. Riel Dion estimates he’s seen 20 summer conferences, at [...]
Trump Order Clears Way for Crypto and Private Equity in 401(k)s The New York TimesTrump signs order opening way for alternative assets in 401(k)s ReutersDonald Trump reshapes investing for retirement: Executive order opens 401(k) accounts to private equity, The Times of IndiaDEMOCRATIZING ACCESS TO ALTERNATIVE ASSETS FOR 401(K) INVESTORS The White House (.gov)Trump signs order to allow crypto and real estate investments in retirement plans The Guardian
BELOIT — A Hawaiian-Asian fusion restaurant that first opened in Rockford, Illinois in December, 2023 and has a second spot opening this fall in downtown Rockford will open its third location in Beloit.
Amazon (NASDAQ: AMZN) and Brimstone this week announced successful results from tests of Brimstone’s lower-carbon Ordinary Portland Cement (OPC) for use in concrete construction with plans for more comprehensive testing to be conducted in 2025 and 2026. On the strength of the initial testing outcomes, Amazon has signed a commercial ... [continued]The post Amazon & Brimstone Advance Lower-Carbon Cement Collaboration appeared first on CleanTechnica.
AMSTERDAM — A $450,000 purchase option has been authorized by the Common Council for several languishing former industrial sites on the city’s West End with developers eyeing the properties for a workforce and veteran housing project.
Meta Picks Pimco, Blue Owl for $29 Billion Data Center Deal Bloomberg.comMeta taps PIMCO, Blue Owl for $29 billion data center expansion project, source says ReutersWhy is Meta Selling US$2bn in Data Centre Assets? Data Centre MagazineMeta picks PIMCO, Blue Owl for $29 bln data center financing- Bloomberg Investing.comMeta Putting $2B In Data Center Land Up For Sale To Fund AI Infrastructure Bisnow
Chime’s first outing as a public company was a success, and CEO Chris Britt did not hedge on ambition. He waited about 30 seconds into the company’s first earnings call to tell the audience that he wants nothing less than for Chime to become “the largest provider of primary account relationships in the U.S.” [contact-form-7] Analysts [...]The post Chime Leans on Cost Edge to Win ‘Unhappily Banked’ appeared first on PYMNTS.com.
President Trump has announced his intention to nominate Stephen Miran, his close economic adviser and an outspoken Federal Reserve critic, to temporarily fill a vacant seat on the Fed's Board of Governors. The appointment, which comes amid renewed calls from Trump for deep interest rate cuts, marks another chapter in Trump's struggle for control over U.S. monetary policy. Miran is set to take over the remainder of Adriana Kugler's term, who resigned unexpectedly to return to her academic post at Georgetown University. While the term ends on January...
Instacart shoppers are ordering more often — and more carefully — as digital tools reframe how value is presented and perceived on the platform. [contact-form-7] Total orders rose 17% year over year in Q2 2025, according to Instacart parent Maplebear. CEO Fidji Simo said the company is seeing “a meaningful shift in consumer behavior,” as [...]The post Instacart Shoppers Downshift to Value as AI and Merchandising Reshape Behavior appeared first on PYMNTS.com.
Nevada’s business landscape is full of innovation—and momentum. At Advantage Capital, we help that momentum grow through flexible financing solutions that support business expansion, job creation, and long-term impact. Through the Nevada New Markets Jobs Act (NMJA), we invest in growth-ready businesses that are strengthening Nevada’s economy from the ground up. Nectar Life and Goodwrx, [...]The post Investing in Nevada’s Future appeared first on Nevada Business Magazine.
Timing is everything. And with the bigger incentives announced in Nevada, the moment to make energy-saving upgrades has come. See how switching to newer, more efficient tech for your business – think better lighting, AC and kitchen gear – can save you cash and energy down the road. But the key to earning the premium [...]The post Added Incentives Sweeten the Deal appeared first on Nevada Business Magazine.
The Guardian’s senior China correspondent, Amy Hawkins, visits factories threatened by US tariffs in Guangzhou, south China, as the deadline for a US-China trade agreement approaches with no deal yet in sightEver since Donald Trump came to power, China has been threatened by a trade war – with tariffs on its products into the US at one point set at an extraordinary 145%.In May, however, the two countries agreed to a partial truce – one that is expiring on Tuesday 12 August. Continue reading...
PLEASANTON, Calif., Aug. 7, 2025 /PRNewswire/ -- As DermRays marks its 13th anniversary, the pioneering beauty tech brand reaffirms its commitment to delivering safe, effective, and inclusive laser hair removal solutions for all skin tones and genders worldwide. Since its inception, DermRays has revolutionized at-home hair removal with its advanced diode 810nm and 1064nm laser technology, designed to cater to a diverse global audience. Unlike traditional IPL devices limited by skin tone or hair color, DermRays' versatile laser hair removal devices are engineered to adapt ...Full story available on Benzinga.com
MALVERN, PA — Vishay Intertechnology, Inc. (NYSE: VSH) reported second-quarter revenue of $762.3 million, marking a 7% sequential increase as both semiconductor and passive component sales saw improvement across all major ...
On Thursday, Cathie Wood-led Ark Invest executed significant trades involving Airbnb Inc. (NASDAQ:ABNB), Robinhood Markets Inc. (NASDAQ:HOOD), Palantir Technologies Inc. (NASDAQ:PLTR), and DraftKings Inc. (NASDAQ:DKNG). These trades reflect Ark’s strategic adjustments in response to recent market developments and company-specific news.The Airbnb TradeARK Innovation ETF (BATS:ARKK), Ark Fintech Innovation ETF (BATS:ARKF), and ARK Next Generation Internet ETF (BATS:ARKW) funds collectively acquired 179,197 shares of Airbnb. The online vacation rental platform recently reported its second-quarter earnings, which included a revenue increase of 13% year-over-year, reaching $3.1 billion. However, despite exceeding analyst expectations, Airbnb’s shares fell by 8.02% to close at $120.03 due to concerns about slowing growth in the latter half of the year. The total value of Ark’s Airbnb purchase was approximately $21.5 million.The Robinhood TradeArk Invest’s ARKW fund sold 21,990 shares ...Full story available on Benzinga.com
Online luxury consignment marketplace The RealReal’s “breakout performance” in the second quarter of 2025 signaled that discretionary spending by consumers amid economic worries remains strong. It’s one signal of how consumers are navigating uncertainty: On the day many of President Donald Trump’s global tariffs went into force, the company nudged up its full-year guidance. [contact-form-7] [...]The post Economic Anxiety Fuels Secondhand Luxury Boom for The RealReal appeared first on PYMNTS.com.
Redfin Real Estate reports that foreign buyers benefit from a weaker dollar, allowing discounts on US homes while prices rise overall.The post Foreign buyers are getting discounts on US homes – here's why appeared first on News-Press NOW.
Penske Truck Rental said Wednesday it “did not authorize” the Department of Homeland Security (DHS) to use its trucks in an immigration raid. “Penske Truck Rental is aware of recent reports and videos regarding a Department of Homeland Security (DHS) operation in Los Angeles,” Penske said in a statement posted on the social platform X....
In recent weeks, the Trump Administration has taken a range of actions intended to significantly alter the U.S. trade landscape. Specifically, during the course of July, President Trump unveiled a series of letters to U.S. trading partners, identifying adjusted tariff rates set to take effect on August 1, 2025. Along these lines, on July 31, President Trump issued Executive Order (“EO”) 14326, formally revising the April 2 “Liberation Day” tariff rates and extending the effective date to August 7, 2025. These rates may change as Washington continues to pursue trade negotiations with the impacted countries. In addition, the White House announced a series of trade deals throughout the month of July and into August—securing framework agreements with the European Union, Japan, Indonesia, Pakistan, the Philippines, South Korea, and Vietnam. Separately, the President suspended duty-free treatment for all de minimis imports arriving in the United States, effective August 29. Tariff... Read the complete article here...© 2025 Blank Rome LLP
Toronto police launch new *877 non-emergency phone number CityNews TorontoView Full Coverage on Google News
The glitch affected operations across the country.
The National Oceanic and Atmospheric Administration (NOAA’s) outlook for the 2025 Atlantic hurricane season, which continues until November 30, predicts a 30% chance of a near-normal season, a 60% chance of an above-normal season, and a 10% chance of a below-normal season. Never daunted by perilous climate information, the Trump ... [continued]The post Hurricane Season Is Here, & Trump’s TACO Approach Means Prediction Satellites Will Continue appeared first on CleanTechnica.
Evolution Wealth Advisors LLC boosted its position in UnitedHealth Group Incorporated (NYSE:UNH – Free Report) by 159.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,071 shares of the healthcare conglomerate’s stock after purchasing an additional 658 shares during the quarter. Evolution Wealth Advisors [...]
MONTREAL – WSP Global Inc. saw its second-quarter revenue and earnings climb as the company experienced strong acquisition growth. The Montreal-based engineering firm says its net earnings attri...
Stop me if you've heard this one before: a new wave of tariffs are taking effect today. Announced on July 31st, the latest set of tariffs imposed by President Donald Trump on foreign imports - possibly illegally - will set a floor of 15 percent for around 40 countries with a trade deficit with the [...]
DALLAS, Aug. 7, 2025 /PRNewswire/ -- Title Resources Group (TRG), one of the nation's leading title insurance underwriters, has appointed Janell Downing as Agency Account Manager for Ohio, New Jersey and Pennsylvania. A seasoned title professional, Downing will drive business development efforts in these territories by forming and managing relationships with title insurance agents while supporting their growth initiatives. "Janell's extensive background on both the title agency and underwriter side made her the perfect fit for this role," ...Full story available on Benzinga.com
The lubricants market is anticipated to expand at a rapid pace owing to growing industrialization, and innovations in lubricant formulations around the world going forward.WESTFORD, Mass., Aug 7, 2025 /PRNewswire/ -- SkyQuest Technology Consulting published a report, titled, 'Lubricants Market - Global Opportunity Analysis and Industry Forecast, 2025-2032', valued at USD 169.6 Billion in 2024. With a projected CAGR of 2.6% from 2025 to 2032, the market is expected to reach USD 208.26 Billion by the end of 2032. Growing sales of vehicles around the world and growing emphasis on improving vehicle safety are also expected to favor the sales of lubricants in the long run.Get a Free Sample Copy - https://www.skyquestt.com/sample-request/lubricants-marketLubricants Market Key Growth DriversIncreasing vehicle production, particularly in emerging economies, raises the need for engine oils, and transmission fluids to enhance performance and longevity. Simultaneously, industrial growth across sectors such as manufacturing, mining, and construction boosts usage of lubricants for machinery efficiency and equipment protection. Rising demand for fuel efficiency, reduced emissions, and longer maintenance intervals further supports lubricant innovation.Advancements in lubricant formulations, especially the rise of synthetic and bio-based lubricants are creating new business scope for lubricant manufacturers. Synthetic lubricants offer superior thermal stability, longer service life, and improved fuel efficiency compared to traditional mineral oils. Innovations in additive technologies further enhance wear protection and corrosion resistance. These improvements are particularly attractive for high-performance engines and industrial machinery, encouraging greater adoption.Recent Developments in Lubricants MarketIn July 2024, TotalEnergies, a top name in the petroleum and energy space from France announced the launch of its new rang of eco-friendly lubricants for automotive applications. Quartz EV3R line of lubricants was launched for passenger cars and another line of lubricants called Rubia EV3R was launched for trucks.In June 2024, Castrol India, a leading supplier of automotive and industrial lubricants announced the launch of new range of high-performance lubricants under the name Castrol EDGE. New lubricants are designed to offer enhanced engine performance and engine protection.In April 2024, Ester 5 biodegradable lubricant was launched by Savsol Lubricants. The new lubricant was created sustainably with edible oil fatty acid and is completely biodegradable to comply with modern sustainability mandates.For ...Full story available on Benzinga.com
Housing affordability is a key issue for the American consumer on which the Trump administration has done nothing useful. From tariffs on construction material to higher budget deficits driving up interest rates to deporting building trades workers, virtually every policy...
"It's perfect for bedrooms, offices, or anywhere you need some extra airflow."
BALTIMORE, Aug. 06, 2025 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW), a leading platform for empowering and educating investors, today announced the appointment of Erik Mickels as Chief Operating and Financial Officer, effective immediately.
Trump plans 100% tariff on computer chips, unless companies build in US
Trump has signed an executive order to place an additional 25% tariff on India for its purchases of Russian oil. That brings the combined tariffs imposed by the United States on its ally to 50%. The tariffs would go into...
As of 9:25 p.m. ET, flight tracking data from FlightAware showed that 870, or 28%, of United flights had been delayed on Wednesday.
Trump's ‘100% chip tariffs’ hit Japan's giants, but Samsung and TSMC rise on U.S. bets CNBCPresident Threatens New Levies on Semiconductors The New York TimesTrump announces 100 percent tariff on semiconductor imports Al JazeeraUS Futures Rise, Shrugging Off Trump’s Chip Levies: Markets Wrap Bloomberg.comTrump plans 100% tariff on computer chips, unless companies build in U.S. Yahoo Finance
The Modern Slave Authored by Josh Stylman via The Brownstone Institute,“The best way to keep a prisoner from escaping is to make sure he never knows he’s in prison.” - Fyodor DostoyevskyMost people hear ‘modern slavery’ and picture trafficking victims or sweatshop workers—suffering that’s clearly visible, obviously wrong, and comfortably distant from their daily lives. What if the most effective slavery in history isn’t hidden—but public, celebrated, and defended by the very people it enslaves?I understand that comparing contemporary life to slavery will make some readers uncomfortable. That discomfort is the point. We’ve been conditioned to reserve the word ‘slavery’ for its most extreme historical forms, but slavery is fundamentally about the extraction of labor through coercion—regardless of whether that coercion is applied with whips or withholding.To be clear: I’m not minimizing the horrific brutality of historical slavery or the ongoing horrors of contemporary trafficking. Chattel slavery involved unimaginable physical cruelty, family separation, and dehumanization that scarred generations. The whip, the auction block, the chain—these were instruments of terror that reduced human beings to property through violence and degradation.I recognize that freedom and slavery exist on a spectrum. Between the plantation owner’s whip and complete autonomy lies a range of arrangements—serfdom, indentured servitude, debt bondage, and various forms of regulated participation in society. Most people would place our current system somewhere in the middle of this spectrum, arguing we have enough choices and protections to avoid the ‘slavery’ label.But consider where we actually fall: When you cannot keep the majority of your labor, cannot opt out without facing state violence, cannot choose how your extracted labor is used, and face increasing surveillance and restriction of movement—how far from the slavery end of the spectrum are we really? The question isn’t whether we’re chattel slaves, but whether we’re close enough to that end to warrant the comparison.I use ‘slavery’ not to minimize historical suffering, but to cut through the comfortable language that obscures the actual relationship. Terms like ‘social contract’ and ‘civic duty’ prevent us from examining what’s really happening. Sometimes the most uncomfortable comparisons reveal the most important truths.This isn’t about personal hardship or material deprivation. Many people living under this system—myself included—enjoy comforts that would have amazed historical royalty. The sophistication of modern control lies precisely in maintaining compliance through comfort rather than suffering. A golden cage is still a cage, and a comfortable slave is still a slave.What if the most effective slavery in history makes its subjects grateful for their subjugation?The Invisible ShacklesThe genius of contemporary slavery isn’t the whip, it’s the W-2. It’s not the chain, it’s the mortgage payment. It’s not the overseer with a gun, it’s the IRS agent with a lien.Think I’m being dramatic? Let’s examine the mechanics.You surrender 30-50% of your labor before you ever see it. If you refuse, men with guns will eventually arrive at your door. The extraction is comprehensive and inescapable: earn money, pay income tax; own property, pay property tax; spend money, pay sales tax; save money, lose to inflation tax; invest successfully, pay capital gains tax; start a business, pay for licenses; run a profitable business, pay corporate tax; give money away, pay gift tax; die with assets, pay inheritance tax. Every economic action becomes a revenue opportunity for the system that owns your labor.You can’t opt out of funding wars you oppose, surveillance systems that monitor you, or bureaucracies that regulate your choices. Your ‘property’ can be seized for unpaid taxes, even if you own it outright.Historical slaves at least knew they were enslaved. The violence was visible, the coercion obvious, the enemy identifiable. Today’s slaves are convinced they’re consumers.But here’s the real masterpiece: you’ve been convinced this is freedom.The Comfortable Cage The cage isn’t just bigger now—it’s learning. As I documented in “The Invisible Leash,” we’re witnessing the elimination of cognitive friction itself. When AI systems can predict your needs before you feel them and shape your choices before you make them, you’re not using technology—you’re being optimized by it.But the technological cage is only half the story. We’re witnessing the colonization of human biology itself.The modern slave doesn’t just surrender their labor—they surrender their cells. Your nervous system is being mapped for networking. Your DNA is being collected, stored, and potentially auctioned in bankruptcy proceedings.When 23andMe filed for bankruptcy, it left 15 million DNA samples vulnerable to creditors, while officials like Netanyahu openly announced genetic database plans and Congressman Crow warned about DNA-targeted bioweapons.When RFK, Jr. announced universal wearables within four years, the infrastructure required—regardless of stated health goals—represents the final component of comprehensive biological surveillance that creates permanent legal records for insurance companies, employers, and courts to weaponize against you.This represents the perfect synthesis of my previous investigations: “The Corporate Veil’s” legal transformation that created the framework for treating citizens as corporate assets, the technological apparatus that perfected the delivery mechanisms, and the biological colonization that provided the final substrate for control.But here’s what makes this convergence truly unprecedented: we’re witnessing the emergence of anticipatory compliance. Your smartwatch doesn’t just track your health—studies show wearables can detect conditions like Covid-19 up to 7 days before symptoms appear, while insurance companies like John Hancock offer up to 25% premium discounts based on your activity data. Your phone doesn’t just suggest routes—it knows your behavioral patterns well enough that employers are using fitness trackers to monitor employee performance and “reliability” based on movement data. Your streaming habits don’t just reflect your preferences—they shape your psychological profile in ways that determine your access to credit, housing, and employment.The modern slave isn’t just compliant—they’re predicted, pre-approved, and programmed for the life the system has chosen.The Evolution of BondageAlongside this invisible system, the old brutalities persist today. Children mine cobalt in the Congo under armed guard to power our smartphones. Human trafficking generates $150 billion annually through forced labor and sexual exploitation. Millions remain trapped in debt bondage, forced marriage, and industrial slavery that looks remarkably similar to bondage from centuries past.What makes the form of slavery I’m describing historically unique isn’t its cruelty but its invisibility. Traditional slavery—both historical and contemporary—relies on obvious coercion: if you’re owned, you know it. The master’s authority is visible, violent, and direct. Resistance means physical punishment, but at least the enemy is identifiable.The slavery of the developed world operates through what we might call the ‘white glove model’—polished, comfortable, and marketed as benefit rather than bondage. Traditional slaves are told they’re property; modern slaves are told they’re customers. Traditional slaves are controlled through fear; modern slaves through convenience. Traditional slaves are kept ignorant; modern slaves are overwhelmed with curated information that shapes their conclusions.The plantation owner never convinced his slaves that chains were jewelry. The Congolese warlord doesn’t pretend the cobalt mine is a wellness center. But we’ve been convinced that surveillance is safety, that debt is prosperity, that algorithmic control is empowerment.Traditional slavery was economically inefficient—you had to house, feed, and guard your property. Modern slavery is self-maintaining: the slaves pay for their own monitoring devices, compete for their positions, and attack anyone who suggests they’re not free.You celebrate when your smartwatch reminds you to exercise. You feel grateful when your phone suggests the fastest route. You trust algorithms to curate your news, your entertainment, your potential romantic partners.We’ve been conditioned to love our cages so thoroughly that questioning them feels like madness.The Financial DNA of ControlThe economic architecture of modern slavery operates through the systematic conversion of citizens into corporate assets. The legal frameworks established after 1871 created the foundation for treating people as revenue-generating entities rather than sovereigns, as evidenced by how your name appears in ALL CAPS on government documents—the same format used for corporate entities.This isn’t just bureaucratic formatting—it’s the paper trail of your conversion from citizen to inventory. You’re not exercising rights; you’re generating revenue for systems that process you like any other corporate asset.The financial enslavement operates through debt that can never be repaid because the ‘money’ used to pay it is itself debt. Federal Reserve notes aren’t currency—they’re IOUs in a system where every dollar represents an obligation to private banks. You’re trying to pay off debt with debt instruments, which is mathematically impossible.The $37 trillion national debt isn’t just a number—it’s a lien against your future productivity. You didn’t vote for this debt, you can’t discharge it, but you’re legally obligated to service it through your laborAnd here’s where the noose tightens: Central Bank Digital Currencies represent programmable money that can expire, restrict purchases, or shut off entirely based on compliance—eliminating the last vestige of anonymous economic activity.The trajectory toward financial control wasn’t accidental. The Economist’s 1988 cover predicted a ‘world currency’ emerging from the ashes of national currencies by 2018—exactly when cryptocurrency and CBDC development accelerated. By 2021, the same publication celebrated ‘Govcoins’ as inevitable, replacing ‘In God We Trust’ with ‘In Tech We Trust.’ This 33-year progression from prediction to celebration reveals the deliberate timeline for eliminating monetary sovereignty.Cash, the last vestige of anonymous economic activity, is being systematically eliminated. What they call “financial inclusion” is actually economic imprisonment: making every purchase a permission request to algorithmic authorities.The Divided PlantationPerhaps most brilliantly, the system has convinced its slaves to fight each other instead of recognizing their shared bondage.As I explored in “Divided We Fall,” the same forces profiting from your labor also fund the narratives that keep you arguing with your neighbors. The most effective plantation is one where the slaves police each other.The protesters who storm the Capitol think they’re fighting tyranny while carrying tracking devices that record their every move. The activists who march for social justice organize through apps that harvest their data while promoting policies that expand surveillance. Both sides livestream their ‘resistance’ on platforms owned by their oppressors.The genius isn’t in the politics—it’s in ensuring that no matter which side you choose, you’re still feeding the machine that enslaves you.The Technological Leash TightensThe convergence is accelerating through coordinated infrastructure:Identity Capture: Biometric databases make anonymous existence impossibleData Processing: Massive server farms process every biometric signature in real-timeInterface Elimination: ‘Contextually aware’ devices remove conscious choice frictionCognitive Control: AI systems shape how you think about questions themselvesEconomic Dependency: Digital income tied to compliance monitoringBiological Integration: Neural interfaces turn your cells into network nodesThe technology goes beyond wearables to injectable nanosensors that can cross the blood-brain barrier and wirelessly transmit neural activity to external devices, allowing for direct monitoring of thoughts and brain activity. University of California researchers have developed NeuroSWARM3, gold-plated nanosensors “the size of a single viral particle” that can travel through the bloodstream, cross the blood-brain barrier, and “convert the signals that accompany thoughts to remotely measurable signals.”The convergence I’ve documented across multiple essays reveals something unprecedented: a system where your legal status, technological dependencies, and biological processes have been integrated into a single control architecture. The modern slave isn’t just monitored—they’re systemically integrated at every level of existence.The War on Consciousness: Documented in PatentsThis isn’t cultural drift. It’s not accidental. It’s not even just market forces.This is weaponized psychology, and the patents are the smoking gun.The US Patent Office contains thousands of entries detailing the technical manipulation of human consciousness—filed by corporations, defense contractors, and intelligence affiliates. These aren’t conspiracy theories. They’re government-validated blueprints. Critics often dismiss patents as mere speculation—”just because it’s patented doesn’t mean it’s built.” But these aren’t isolated theoretical documents. They represent a documented progression from classified research to consumer products, a technological pipeline from government laboratories to your living room.US Patent 6,506,148 B2: Nervous System Manipulation by Electromagnetic Fields from Monitors. Your screen isn’t just displaying images—it’s capable of modulating your nervous system.Image Source: MKULTRA: The Hidden Hand, Part 3US Patent 5,159,703: Silent Subliminal Presentation System. Sends inaudible signals straight to your subconscious—bypassing conscious resistance.Image Source: MKULTRA: The Hidden Hand, Part 3US Patent 3,951,134: Remote Monitoring and Alteration of Brain Waves. You don’t even need to wear the device. The environment itself becomes the weapon.Image Source: MKULTRA: The Hidden Hand, Part 3Even Apple has filed patents to monitor brain waves via AirPods—framed as health optimization, but in reality, they represent applied surveillance of thought.What MKULTRA did with electrodes and LSD, modern technocrats do with earbuds and screen time. The modern slave doesn’t just carry tracking devices—they carry consciousness-control tools disguised as entertainment, wellness, and productivity.This is a war on awareness itself—the systematic erasure of human autonomy in favor of algorithmic obedience. The only thing more chilling than these patents existing is the fact that we’re voluntarily paying for them.The Soft Enforcement LayerBut how does the Control Grid maintain compliance without obvious violence? Through the emerging infrastructure of soft coercion—systems that make resistance economically and socially impossible.The enforcement doesn’t come through jackbooted thugs but through bureaucratic strangulation. History shows us this pattern: the worst totalitarian states didn’t just imprison dissidents—they made exit itself impossible. As Balaji Srinivasan recently observed on X, “The right to exit is a fundamental human right. It’s equivalent to individual consent, and to communal self-determination. Even the UN recognizes this. The worst states in history revoked the human right to exit. The Soviets, the Nazis, the East Germans, the Cubans, the North Koreans...they did not let you leave.”He provided historical documentation showing how:The Nazis implemented the Reich Flight Tax in 1931 to rob emigrating Jews of their assets.East Germany criminalized leaving as “desertion from the republic.”The Soviets imposed “diploma taxes” on educated emigrants.Cuba made escape so difficult that people still risk death on makeshift rafts.The pattern is always the same: economic barriers replace physical walls, targeting those most likely to resist—the educated, the wealthy, the independent-minded.Today’s version is more sophisticated but functionally identical: rather than preventing physical departure, modern systems make economic and social participation impossible without compliance—creating internal exile within your own country.AI workplace monitoring: Companies using behavioral analytics to assess employee “reliability” and performance through comprehensive surveillance of file activity, communication, and screen behaviorBiometric payment systems: Facial recognition replacing cash transactions at stadiums and retail locations, with venues like the Cleveland Browns and Intuit Dome requiring facial authentication for concessionsSocial credit integration: Insurance premiums tied to wearable device compliance and lifestyle monitoring, with 69% of Americans willing to wear devices for insurance discounts Digital ID expansion: Coordinated global rollout of mandatory digital identity systems for basic services, with experts predicting 5 billion digital IDs globally by 2024, including Mexico’s new biometric CURP system requiring facial scans and fingerprints for internet accessCarbon passports: UK’s proposed yearly travel allowances restricting movement based on digital compliance, announced just last weekWhen I detailed this soft enforcement architecture in 2022, friends told me I was being paranoid. These mechanisms have gone from ‘conspiracy theory’ to openly considered—and often implemented—policy in three years.This isn’t just surveillance—it’s economic exclusion for non-compliance. In the UK alone, police arrest over 12,000 people annually (more than 30 per day) under just two speech-related laws. The system doesn’t need to arrest you; it just needs to make your life impossible without submission. Your social credit score doesn’t put you in jail; it just makes you unemployable. Your vaccine passport doesn’t physically restrain you; it just makes you unable to participate in society. Your CBDC wallet doesn’t chain you; it just expires your money if you exhibit unapproved behavior.The genius is making compliance feel voluntary while making resistance practically impossible.The Global ArchitectureThis coordination isn’t accidental. When identical digital ID systems roll out globally using the same frameworks, when QR code rationing appears simultaneously across continents, when biometric requirements emerge in lockstep worldwide—we’re witnessing architecture, not random evolution.The World Economic Forum openly describes this coordination through their ‘digital identity’ initiatives, ‘Great Reset’ agenda, and ‘stakeholder capitalism’ frameworks that integrate technological, financial, and biological control systems. The rhetoric of ‘building back better’ creates the infrastructure for comprehensive human management. As Laura Edelson, a computer scientist at Northeastern University, noted about China’s digital ID system just last week: ‘They want the policeman to be in your head, and a really important way of making people feel that policeman in their head is removing any illusion that someone might have that they’re anonymous.’What China implements openly as social control, the West adopts through the language of health, safety, and convenience—but the architecture remains identical. We’re witnessing the Chinafication of the West, where the same surveillance systems get rebranded as freedom.The Synthesis of ControlWhat emerges from connecting these patterns is a form of slavery more sophisticated than anything in human history: what I’ve been calling ‘The Control Grid,’ a term I first heard from Catherine Austin Fitts.The financial layer (documented in “The Corporate Veil“) reduces you to a revenue-generating entity through legal frameworks that treat citizenship as corporate registration.The cultural layer (explored in “Engineering Reality“) manufactures the conflicts that keep you fighting other slaves instead of recognizing the plantation.The technological layer (exposed in “The Invisible Leash“) eliminates cognitive friction through AI systems that predict and shape your choices before you make them.The biological layer (revealed in “Node Without Consent“) colonizes your cellular processes through devices that monitor and potentially control your physical responses.The result isn’t just surveillance or control—it’s the systematic replacement of human agency with algorithmic optimization. You’re not living your life; you’re performing a script written by systems that know you better than you know yourself.Historical slavery relied on external coercion—slaves knew they were enslaved even when powerless to resist. Modern slaves have surrendered their decision-making processes to systems that predict their choices, curate their information, and shape their desires. The most profound enslavement isn’t of the body—it’s of the will itself. Once you control consciousness—what people think, how they think, even whether they think—every other form of control becomes automatic. Cognitive sovereignty is the foundation of all other freedoms.Programming the Next GenerationBut the Control Grid’s most insidious achievement is psychological: we’re raising children who will never know what freedom felt like.We’ve created what can only be called psychological cripples—people who are practiced at reading social cues and adjusting their thoughts accordingly, but who have never learned to form independent judgments. They mistake consensus for truth and popularity for virtue. This systematic conditioning process creates individuals who’ve never developed the capacity for authentic dissent.But it goes deeper than social conditioning. We’re witnessing the systematic prevention of human consciousness development itself.Consider what’s being lost: A child who learns to ‘feel’ through mood-tracking apps never develops internal emotional awareness. Kids who navigate exclusively through GPS never develop spatial reasoning or intuitive direction. Those who get dopamine hits from notification sounds never learn sustained attention or deep focus. Children who ask Alexa for answers never develop the cognitive struggle that builds critical thinking.This isn’t just convenience—it’s cognitive replacement. When your device tells you how you slept, how you feel, what you need, when to eat, where to go, what to think—the faculty for self-awareness atrophies. The child never learns to read their own body’s signals, trust their own judgment, or develop what previous generations simply called ‘common sense.’Unlike the Stasi’s victims who at least had some years of normal psychological development, these kids never get that foundation. They never develop what psychologists call ‘internal locus of control’ because they never get to make real choices with real consequences—or even learn to perceive reality without technological filters.The result is a generation that’s either paralyzed by self-consciousness or completely reckless. Some retreat into careful blandness, crafting personas so sanitized they might as well be corporate spokespeople for their own lives. Others embrace weaponized exposure because they figure they’re already screwed.Most devastatingly, we’re creating humans who literally cannot conceive of unmediated existence. They’ve never experienced unmonitored thought, untracked movement, or unrecorded conversation. To them, privacy isn’t a right being taken away—it’s an alien concept that feels dangerous and unnecessary.We’re not just surveilling them—we’re programming them. Teaching them that having real convictions is dangerous, that independent thought carries unlimited downside risk, that technological mediation is superior to human judgment, that the most important skill in life is reading algorithmic cues and adjusting accordingly.This creates the perfect slaves: people who police themselves, who mistake their cage for safety, who’ve forgotten that thoughts are meant to be shared and convictions are meant to be defended—because they never learned these capacities existed in the first place.The RecognitionThe first step toward freedom is recognizing the Control Grid. Not metaphorically—literally.Examine your legal documents. Notice the capitalization patterns. Study how you’re identified in these systems. Track your labor extraction—calculate how much of your productivity disappears before you see it.Most importantly, observe your own behavior. How often do you ask your device how you feel instead of feeling it yourself? How many decisions get shaped by algorithmic suggestions? How much of your self-awareness has been outsourced to technological interpretation?They carry their monitoring device voluntarily, pay for their own surveillance, and defend the system that harvests their data. They vote in elections that don’t change the fundamental architecture of control, celebrate technological ‘conveniences’ that eliminate their agency, and attack anyone who questions the system.They have more gadgets than any generation in history yet less control over their time, more information yet less understanding of how their world works, more ‘rights’ yet fewer choices about the fundamental terms of their existence.The MirrorLook in the mirror. What do you see—a free citizen or a well-managed resource?You surrender your labor through payroll deduction. You submit to surveillance through consumer electronics. You accept financial dependency through debt-based currency. You participate in division through manufactured political theater. You outsource your biological awareness to technological mediation.Yet this system is celebrated as freedom.Modern slaves don’t live in chains—they live in financial obligations. They don’t answer to overseers—they answer to algorithms. They work not to build their own wealth but to service debt they never chose while feeding systems designed to harvest their biological essence.The ChoiceYou have three options:Remain unconscious. Keep believing the system works for you. Trust that your vote matters, your devices serve you, and your sacrifices are for a noble cause. It’s comfortable. It’s easy. It’s probably what most people will choose.Become conscious but stay compliant. Recognize the system for what it is but continue participating because the alternatives seem too difficult or dangerous. At least you’ll understand why you feel increasingly trapped.Become conscious and seek freedom. This is the hardest path. It requires questioning everything you’ve been taught about citizenship, money, technology, and authority. It means accepting that the system you’ve defended might be the source of your bondage.Beyond the Digital Plantation“A really efficient totalitarian state would be one in which the all-powerful executive of political bosses and their army of managers control a population of slaves who do not have to be coerced, because they love their servitude.” —Aldous HuxleyThe recognition that we’ve been enslaved by systems we defend isn’t cause for despair—it’s the foundation for liberation. The same technologies that enable unprecedented surveillance also enable unprecedented coordination among those who recognize the system’s true nature.But first, you have to see the Control Grid. You have to acknowledge that the most effective slavery in human history doesn’t require whips or chains—just smartphones, credit scores, and the persistent illusion that monitoring equals caring.The modern slave looks like someone with a job, a mortgage, a smartwatch, and a Social Security number. They have more conveniences than any generation in history yet less sovereignty over their existence.The truth might be uncomfortable, but it’s the only foundation upon which genuine freedom can be built.After all, you can’t escape a prison you don’t know you’re in.And the first step to freedom is admitting you’re not already free.Republished from the author’s Substack Tyler DurdenWed, 08/06/2025 - 22:35
A technical issue forced the grounding of hundreds of United Airlines flights late Wednesday, snarling airports amid the busy summer travel season.
Officials in the southern Mexico state of Oaxaca accused sportswear giant Adidas of cultural appropriation after the fashion brand debuted sandals similar to a traditional design from the region. The Oaxaca Slip-On sandals were created by American fashion designer Willy Chavarria, who has Mexican heritage, but drew pushback from both state and local officials in [...]The post Mexican authorities accuse Adidas of cultural appropriation appeared first on Digital Journal.
DSM Land, LLC, a land-holding company based in Durango, Colorado, is proud to announce the launch of a funding campaign aimed at scaling its innovative and globally replicable investment model that proves business can be a true force for good.
Solar For All was a part for the Inflation Reduction Act, which is anathema to MAGAlomaniacs. It may be eliminated by the EPA.The post Failed US Government Wants To Dismantle Solar For All Program appeared first on CleanTechnica.
Scientists have been studying remote work for four years and have reached a very clear conclusion: “Working from home makes us happier.” evidencenetwork.caEmployees in hybrid work arrangements reporting better health, taking fewer sick days: survey Benefits Canada.com
(All financial figures in United States dollars unless otherwise stated)
On Wednesday, United Airlines Holdings Inc. (NASDAQ:UAL) temporarily grounded all mainline flights nationwide after a system glitch disrupted critical weight and balance calculations, reigniting scrutiny over the fragility of U.S. aviation infrastructure.United Blames Technology Issue, Not CyberattackThe airline confirmed that a "technology issue" with its weight and balance system—essential for flight safety—led to a halt on all mainline departures, reported ABC News."Due to a technology issue, we are holding United mainline flights at their departure airports," United said in a statement. "We expect additional flight delays this evening as we work through this issue. Safety is our top priority, and we'll work with our customers to get them to their destinations."United said that the problem was not the result of a cyberattack, according to a statement shared with the publication. Flights already in the air continued to their destinations, and United Express flights were not affected.See Also: Larry Ellison Once Said He ‘Had All The Disadvantages Necessary For Success’ As He Aimed To Beat Amazon In Cloud — Where The Oracle CEO Stands TodayFAA Notices Confirm Ground Stops At Major HubsThe Federal Aviation Administration (FAA) issued multiple ground stop notices at ...Full story available on Benzinga.com
The 6,000-unit housing development would sit on 940 acres between the Tule Springs Fossil Beds National Monument and land that belongs to the Las Vegas Paiute Tribe.
Carvana has reported that electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) made up 9% of total vehicles sold in Q2 2025, up from just over 2% in Q2 2023. [contact-form-7] The figure, detailed in Carvana’s EV Trends Report, marks a fourfold increase in two years and reflects growing consumer appetite for electrified vehicles [...]The post Carvana’s EV Sales Surge as eCommerce Model Delivers Record Results appeared first on PYMNTS.com.
Microsoft’s plan to turn websites into AI apps has already hit a road bump in the form of an embarrassing security flaw. Natural Language Web (NLWeb), which Microsoft announced back in May at its annual Build developer conference, was supposed to make websites queryable with natural language, kind of like interacting with AI chatbots like [...]
Apple stock rose on news reports that the company plans to announce a fresh $100 billion commitment to U.S. manufacturing.The post Apple Stock Rises On Company's New U.S. Investment Commitment appeared first on Investor's Business Daily.
President Donald Trump is expected to celebrate at the White House a commitment by Apple to increase its U.S. investments by an additional $100 billion over the next four years. Apple had previously said it intended to invest $500 billion...
The collaboration will be utilising J.P. Morgan’s Kinexys to reduce settlement risk and facilitate more efficient payments
Trump to Announce Additional $100 Billion Apple Investment in U.S. The New York TimesWatch live: Apple CEO Cook joins Trump for investment announcement at White House CNBCWhat Apple's $100 billion US pledge really means — and what it doesn't mean Business InsiderWhite House adviser: Apple likely to make investment commitment ReutersWhy Apple (AAPL) Shares Are Climbing Today Yahoo Finance
The pledge was a “significant acceleration” of the company’s plan for more production in the United States, according to a White House statement.
Labubu or lafufu? The Better Business Bureau is warning consumers to be on the lookout for counterfeit Labubu toys as online scammers try to capitalize on the popular trend.
Gasoline inventories declined by 1.3 million barrels from the previous week.
TORONTO, Aug. 6, 2025 /CNW/ - BMO Asset Management Inc. today announced a special cash distribution for BMO MSCI Europe High Quality Hedged to CAD Index ETF (TSX:ZEQ).Investors who hold units of the ETF at the close of business on August 13, 2025, will receive the cash distribution on August 15, 2025. The tax characteristics of this distribution will be reported in 2026.Details of the per-unit distribution amount are as follows:FundTickerCash Distributionper Unit ($)BMO MSCI Europe High Quality Hedged to CAD Index ETFZEQFull story available on Benzinga.com
President Donald Trump signed an executive order earlier this year requiring a list of jurisdictions that he believes are impacting federal immigration laws.
Welltower (NYSE:WELL) has outperformed the market over the past 5 years by 11.06% on an annualized basis producing an average annual return of 24.63%. Currently, Welltower has a market capitalization of $113.49 billion. Buying $100 In WELL: If an ...Full story available on Benzinga.com
President Trump announced plans for new tariffs on imported semiconductors to encourage U.S. production amid tensions with China. This could disrupt supply chains, raise costs for tech and auto industries, and risk inflation, though it aims to boost domestic manufacturing. The move may reshape global trade dynamics for years.
Market Analysis by covering: Coca-Cola Co, Monster Beverage Corp, PepsiCo Inc, BlackRock Inc. Read 's Market Analysis on Investing.com CA.
Myriad Genetics Inc. (NASDAQ:MYGN) shares rallied 35.7%, to $5.25 in after-hours trading on Tuesday following second-quarter results that exceeded analyst expectations and raised full-year revenue guidance.Check out how MYGN stock is trading here. What Happened: The Salt Lake City-based genetic testing company reported second-quarter revenue of $213.1 million, beating Wall Street forecasts that expected approximately $202.30 million. Analysts had expected the company to post earnings of negative $0.01 per share, but Myriad delivered a non-GAAP profit of $0.05 per share, significantly outperforming consensus estimates.CEO Sam Raha attributed the strong performance to “continued strength in hereditary cancer testing in oncology, improving momentum in hereditary cancer testing for unaffected individuals, and favorable pricing trends supported by mix and our ...Full story available on Benzinga.com
We came across a bullish thesis on Baxter International Inc. on DeepValue Capital’s Substack. In this article, we will summarize the bulls’ thesis on BAX. Baxter International Inc.’s share was trading at $22.44 as of August 4th. BAX’s trailing and forward P/E were 84.46 and 8.71, respectively according to Yahoo Finance. Baxter International (BAX), a nearly century-old [...]
We came across a bullish thesis on Confluent, Inc. on Compounding Your Wealth’s Substack by Sergey. In this article, we will summarize the bulls’ thesis on CFLT. Confluent, Inc.’s share was trading at $17.12 as of August 4th. CFLT’s forward P/E was 47.85 according to Yahoo Finance. Confluent reported strong Q2 2025 results, with revenue rising 20.1% [...]
We came across a bullish thesis on Crescent Energy Company on Valueinvestorsclub.com by slim. In this article, we will summarize the bulls’ thesis on CRGY. Crescent Energy Company’s share was trading at $8.88 as of August 4th. CRGY’s trailing and forward P/E were 20.31 and 4.82, respectively according to Yahoo Finance. Crescent Energy Company (CRGY), an acquisition-driven [...]
We came across a bullish thesis on Six Flags Entertainment Corporation on Valueinvestorsclub.com by Motherlode. In this article, we will summarize the bulls’ thesis on FUN. Six Flags Entertainment Corporation’s share was trading at $30.61 as of August 4th. FUN’s trailing and forward P/E were 17.57 and 15.95, respectively according to Yahoo Finance. Six Flags Entertainment Corporation [...]
We came across a bullish thesis on Lam Research Corporation on Rijnberk InvestInsights’s Substack by Daan | InvestInsights. In this article, we will summarize the bulls’ thesis on LRCX. Lam Research Corporation’s share was trading at $98.41 as of August 4th. LRCX’s trailing and forward P/E were 23.22 and 21.46, respectively according to Yahoo Finance. Lam Research [...]
ROAD TOWN, British Virgin Islands, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (NASDAQ:AUGO) (TSX:ORA) (B3: AURA33) ("Aura" or the "Company") announces that it has filed its audited consolidated financial statements and management discussion and analysis (together, "Financial and Operational Results") for the period ended June 30, 2025. The full version of the Financial and Operational Results can be viewed on the Company's website at www.auraminerals.com, on SEDAR+ at www.sedarplus.ca. or on SEC www.sec.gov."In Q2, we achieved another record-high Adjusted EBITDA of US$106 million, driven by higher production and gold price of US$3,185 / Oz, bringing our last twelve months (LTM) Adjusted EBITDA to US$344 million at an average gold price of US$2,812 / Oz. Additionally, Aura reached significant milestones, including the publication of the Preliminary Economic Assessment (PEA) for Era Dorada, the signing of a purchase agreement for MSG, and a successful IPO on Nasdaq. We also approved our quarterly dividend payment, delivering a 7.4% yield return to our shareholders over the LTM, inclusive of share buybacks. Looking ahead, we expect commercial production at Borborema, the completion of the MSG acquisition in Q3, and to meet our production and cost guidance for the year." Commented Rodrigo Barbosa President and CEO of Aura.Operational & Financial Headlines Q2 2025 and H1 2025 (US$ thousand)Q2 2025 Q1 2025 % Q2 2024 % H1 2025 H1 2024 % Total Production (GEO)64,033 60,087 7%64,327 -0%124,120 132,514 -6%Total Sales (GEO)62,452 60,491 3%63,258 -1%122,943 132,344 -7% Net Revenue190,436 161,804 18%134,411 42%352,240 266,489 32%Gross Profit103,939 78,428 33%51,308 103%182,367 97,989 86%Gross Margin55%48%6 p.p.38%16 p.p.52%37%15 p.p.EBITDA106,224 81,479 30%53,208 100%187,703 109,398 72%EBITDA Margin56%50%542 p.p.40%1619 p.p.53%41%1224 p.p.Net Income8,147 (73,249)n.a.(25,775)-132%(65,102)(34,992)n.a.Net Income Margin4%-45%n.a.-19%-122%-18%-13%n.a.Adjusted Net Income136,834 26,903 37%9,414 291%63,737 22,980 177%Adjusted Net Income Margin19%17%3 p.p.7%176%18%9%9 p.p.Cash Cost (US$/GEO)1,146 1,149 -0%1,080 6%- 1,040 -100%All In Sustaining cost (US$/GEO)1,449 1,461 -1%1,328 9%1,455 1,307 11% Operating Cash Flow60,420 41,229 47%53,612 13%83,867 79,464 6%Net Debt/LTM EBITDA0.8x0.9x-0.1x0.8x0.0x0.8x0.8x0.0xCAPEX50,327 51,725 -3%23,575 113%102,052 53,278 92%1. Adjusted Net Income of Q1 2025 does not consider deffered taxes over non-monetary items. Except as otherwise noted in this document, references herein to "US$" or and "$" are to thousands of United States dollarsHeadlinesTotal production in Q2 2025 reached 64,033 gold equivalent ounces ("GEO"), 7% higher than Q1 2025 and in line compared to the same period last year at current metal prices. At constant metal prices, production increased by 9% when compared to both Q1 2025 and Q2 2024. During the quarter, Aura commenced operations at Borborema — anticipated to be one of the Company's largest and lowest cash cost operations. In H1 2025, production was 124,120 GEO an increase when compared to the result of H1 2024 of 122,680 GEO, at constant prices. Compared to the public guidance for 2025, this total production represents 47% of the low proposed guidance and 41% of the high proposed guidance, reinforcing the Company's confidence in meeting the 2025 production guidance, since Borborema is still in the ramp up phase.Sales volumes was 62,452 in GEO this quarter, a decrease by 1% in Q2 2025 from Q2 2024 and increased by 3% when compared to the previous quarter. This result in the quarter was in line with Aura's expectation, reflecting Apoena mine's investment phase and also due to lower sales volumes at Aranzazu, considering the negative impact of the copper to gold conversion (despite the total sale copper was 16,815 Klb, a 30% increase compared to Q2 2024 and 23% higher than Q1 2025) and Minosa, all partially offset by the preliminary production of Borborema and higher sales volumes at Almas. Compared to the same period of 2024, sales decreased mainly due to lower production at Minosa and Apoena, gold prices that negatively impacted GEO conversion at Arazanzu. In H1 2025, sales volumes decreased by 7%, mainly due to lower sales volumes at Aranzazu (due to GEO conversion), Apoena and Minosa.Net Revenues reached a record high of US$190,436 in Q2 2025, representing an increase of 42% compared to Q2 2024 and an increase of 18% when compared to Q1 2025, mainly due to higher gold price. In H1 2025, revenues reached US$352,240, an increase of 32% compared to the same period of 2024.Average net realized gold sale prices increased by 14% in Q2 2025 compared to Q1 2025, with an average of US$3,185/oz in the quarter. Compared to Q2 2024, average net realized gold sale prices increased 44% (US$2,208). In H1 2025, average net realized gold sale prices reached US$2,986, a 42% increase when compared to H1 2024.Average realized copper sale prices increased 5% compared to Q1 2025, with an average of US$4.46/lb in the quarter, and were in line with the same period in 2024. In H1 2025, average copper sale prices reached US$4.36, a 5% increase when compared to H1 2024.Adjusted EBITDA reached another record high of US$106,224 in Q2 2025, marking the fourth consecutive quarterly record reported by Aura. The increase was driven by a combination of higher gold prices, cash costs under control and increase in sales in Q2 2025 compared to Q1 2025. When compared to Q2 2024, Adjusted EBITDA reached a 90% increase.AISC for Q2 2025 was US$1,449/GEO, a decrease by 1% when compared to Q1 2025 (US$1,461/GEO) and an increase of 9% over the Q2 2024, in line with the Company's expectations. At constant Q2 2024 metal prices, AISC would have been US$1,312 in the quarter, a decrease of 1% compared to Q2 2024, due to lower AISC at Almas, Aranzazu (at constant prices) and Apoena.The Company's Net Debt reached US$280,560 by Q2 2025, due to capex of US$50.3 million, mostly related to the final phase of construction of the Borborema Project, dividends of US$29.8 million, annual income taxes paid of US$29.5 million and reduction of US$13.7 million in debt due to the settlement of Nemesia SARL debt related to the Bluestone acquisition. The net debt-to-last 12 months EBITDA ratio reduced to 0.8x at the end of Q2 2025, from 0.9x at the end of Q1 2025.OTHER UPDATES:U.S. Public Offering: In July 2025, Aura concluded its U.S. Initial Public Offering ("IPO") of 8,100,510 common shares, at a public offering price of US$24.25 per common share. Aura raised around US$196 million. The common shares were listed on the Nasdaq Global Select Market under the ticker symbol "AUGO" and began trading on July 16, 2025. The U.S. listing is part of Aura's strategy to unlock value for our shareholders, improve liquidity of its common shares, as well as strengthen and diversify its shareholder base through broader access to global capital markets.Borborema Ramp-Up and First once sold: Borborema Project ("Borborema") started its ramp-up phase on schedule and on budget, with the mine and plant currently in operation, and it produced in Q2 2025 totaled 2,577 GEO following the project's first gold pour. Borborema is poised to become a cornerstone asset for Aura, anticipated to deliver the second highest annual gold production among the Company's five operating mines. Built in just 19 months with zero lost time incidents, the project exemplifies Aura's commitment to developing simple, scalable, and efficient operations. It also sets a benchmark in ESG performance, incorporating renewable energy sources and utilizing grey water from the local municipality. Aura believes that Borborema remains on track to declare commercial production by the end of Q3 2025.Acquisition of MSG (Mineração Serra Grande Gold) Mine in Goiás, Brazil: In June 2025, Aura announced the acquisition from AngloGold all of the issued and outstanding securities of Mineração Serra Grande S.A. ("MSG"), owner of the MSG gold mine located in Crixás, in the state of Goiás, Brazil. In consideration for the acquisition of MSG, Aura will pay to AngloGold: (i) an upfront cash consideration of US$ 76 million on closing subject to certain working capital adjustments as at the closing date; plus (ii) deferred consideration payments equivalent to a 3% net smelter returns participation over the currently identified Mineral Resource of MSG (inclusive of the Mineral Reserve) payable quarterly. The Transaction excludes certain current subsidiaries of MSG, which hold assets that do not form part of MSG's mining operations or Mineral Resources and Mineral Reserves. These subsidiaries will be spun off from MSG prior to the closing of the Transaction. The closing of the Transaction is expected to happen by Q3 2025, and no later than Q4 2025.Preliminary Economic Assessment for the Era Dorada Project: In June 2025, Aura filed a Preliminary Economic Assessment ("PEA") for the Company's wholly owned Era Dorada Project, in the United States in accordance with S-K 1300 and NI 43.101. The PEA indicated Mineral Resources of 1.9 million ounces of gold, assuming 6.35 million tonnes at 9.31 grams per tonne. The total production of approximately 1.4 million ounces of gold over a 17 years Life of Mine ("LOM"), and with average production of 91k ounces of gold for the first 4 years. Regarding CAPEX, the PEA presented a total initial implementation capex of approximately US$264 million with a payback in approximately 3.5 years after the beginning of the operation.Exercise of Options to Acquire 100% of the Pé Quente and Carajás ProjectsAura has exercised its options to acquire 100% ownership of the Pé Quente and Carajás Projects in Brazil, as previously announced in press releases dated February 27, 2023 and May 22, 2024. These transactions reinforce Aura's commitment to growing its resource base and exploration and development pipeline across key jurisdictions in the Americas.Pé Quente Project100% ownership secured;16,942m of drilling completed confirming mineralization across four targets;Continuity confirmed with strike lengths up to 440m and down-dip extents up to 350m in the Nilva target;Preliminary Meturlligcal testing planned for second semester of 2025 to support potential resource and life of mine expansion for the Matupá Project, located within a 50km radius.Aura Carajás ProjectFinal US$3M payment completed to fully acquire the project;Approximately 10,000 meters of drilling planned at Carajás in H2 2025 to support advancement; toward a maiden resource in Serra da Estrela target.Investment in Altamira Gold Corp. through a Private Placement: In July 2025, Aura entered into a subscription agreement with Altamira Gold Corp., acquiring 6,000,000 units at C$0.10 per unit in a non-brokered private placement, totaling C$600,000. Each unit comprises one common share and one-half of a share purchase warrant, exercisable at C$0.15 per share until June 30, 2027. Prior to this, Aura held 24,000,000 shares and 24,000,000 warrants (11.3% non-diluted, 20.3% fully diluted, as per November 2023). Post-transaction, Aura holds 30,000,000 shares and 27,000,000 warrants (11.3% non-diluted, 19.5% fully diluted). The units were acquired directly from Altamira for investment purposes due to its exploration potential.Results Teleconference:Date: August 6, 2025Time: 10 a.m. (Brasília) | 9 a.m. (New York and Toronto)Link to access: Click here2. Consolidated Financial Results2.1 Total Production and Sales (GEO)English (GEO)Q2 2025 Q1 2025 % Q2 2024 % H1 2025 H1 2024 % Production64,033 60,087 7%64,327 -0%124,120 132,514 -6%Aranzazu22,281 20,456 9%24,692 -10%42,737 49,693 -14%Apoena8,219 8,876 -7%9,912 -17%17,095 22,017 -22%Minosa18,039 17,654 2%19,142 -6%35,693 38,328 -7%Almas12,917 13,101 -1%10,580 22%26,018 22,475 16%Borborema2,577 0 n.a.0%n.a.257700%0%n.a.(GEO)Q2 2025 Q1 2025 % Q2 2024 % H1 2025 H1 2024 % Sales62,452 60,491 3%63,258 -1%122,943 132,344 -7%Aranzazu22,290 20,456 9%24,683 -10%42,746 49,786 -14%Apoena8,219 9,408 -13%8,258 -0%17,627 21,118 -17%Minosa17,836 17,526 2%19,738 -10%35,362 38,966 -9%Almas12,917 13,101 -1%10,580 22%26,018 22,475 16%Borborema1,190 0 n.a.0 n.a.1,190 0 n.a.Applies the metal sale prices in Aranzazu realized during Q2 2025: Copper price = US$4.39/lb; Gold Price = US$3,293/oz; Silver Price = US$34.27/oz.Total production in Q2 2025 reached 64,033 gold equivalent ounces ("GEO"), 7% higher than Q1 2025 and in line compared to the same period last year at current metal prices, mainly due to negative impact from the copper-to-GEO conversion at Aranzazu. At constant metal prices, production increased by 9% when compared to both Q1 2025 and Q2 2024. The result was mainly attributable to stronger operational performance at Aranzazu, which posted higher metallurgical recoveries and improved head grades for all metals, on both an annual and quarterly basisDuring the quarter, Aura commenced operations at Borborema — anticipated to be one of the Company's largest and lowest cash cost operations. In the quarter, Borborema's preliminary production totaled 2,577 GEO, following the project's first gold pour. The project was completed on schedule, within 19 months, and on budget and Aura expects to achieve to declare Borborema commercial production by the end of Q3 2025.In the first half of 2025, production reached 124,120 GEO, representing a 6% decline at current metal prices. At constant prices — which neutralize the effect of copper price fluctuations in the GEO conversion at Aranzazu — this reflects an increase over the 122,259 GEO produced in H1 2024. . At current metal prices, production in Q2 2025 was consistent with Q2 2024, and year-to-date production represents 47% of the lower end and 41% of the upper end of the full-year guidance. This performance reinforces the Company's confidence in meeting its 2025 targets, especially considering that Borborema is still in the ramp-up phase. Excluding Borborema, total production to date accounts for 52% of the lower bound and 47% of the upper bound of the guidance range.2.2. Net Revenue(US$ thousand)Q2 2025Q1 2025% Q2 2024% H1 2025H1 2024% Aranzazu62,50850,26224%49,24027%112,77093,40221%Apoena26,71126,3531%18,99241%53,06444,99918%Minosa55,77648,06216%41,96233%103,83879,60930%Almas41,75137,12712%24,21772%78,87848,47963%Borborema3,690-n.a-n.a3,690-n.a.Total190,436161,80418%134,41142%352,240266,48932% In Q2 2025, the Company reported Net Revenue of US$190.4 million, representing a 42% increase year-over-year and an 18% increase compared to Q1 2025. The strong performance was primarily driven by the higher metal prices, particularly gold, with the average realized gold price increasing by 44%, from US$2,208/oz in Q2 2024 to US$3,185/oz in Q2 2025. Copper prices also contributed positively, with the average realized copper price increasing by 5%, from US$4.26/lb in Q2 2024 to US$4.46/lb in Q2 2025.With this result, Net Revenues reached US$352,240 in H1 2025, an increase of 32% when compared to the same period of 2024. The result was mainly driven by higher gold prices, higher sales at Almas and the start of the Borborema Project. In H1 2025, average net realized prices reached US$2,986, a 42% increase when compared to H2 2024; and average copper prices reached US$4.36/lb, a 5% increase when compared to H2 2024.2.3. Cash Cost and All in Sustaining Costs(US$/GEO)Q2 2025 Q1 2025 % Q2 2024 % H1 2025 H1 2024 % Cash Cost1,146 1,149 -0%1,080 6%1,147 1,040 10%Aranzazu1,110 1,164 -5%958 16%1,136 942 21%Apoena1,168 1,228 -5%1,252 -7%1,200 940 28%Minosa1,178 1,149 3%1,094 8%1,164 1,140 2%Almas1,167 1,069 9%1,203 -3%1,118 1,176 -5%Borborema936 0 n.a.0 n.a.936 - n.a. All-in Sustaining Cost1,449 1,461 -1%1,328 9%1,455 1,307 11%Aranzazu1,514 1,545 -2%1,206 26%1,529 1,235 24%Apoena1,751 2,041 -14%1,958 -11%1,906 1,500 27%Minosa1,292 1,249 3%1,159 12%1,271 1,223 4%Almas1,364 1,195 14%1,434 -5%1,279 1,428 -10%Borborema1,441 0 n.a.0 n.a.1,441 - n.a.For the second quarter of 2025, the Company's Cash Cost was US$1,146/GEO, an increase of 6% over Q2 2024 and in line with Q1 2025, even with the preliminary production of Borborema. Year-on-year, the increase in cash cost was mainly attributed to the increase in costs at Aranzazu, mainly due to impact from the copper-to-GEO conversion in production. At constant Q2 2024 metal prices, Cash Costs decreased by 4%. Quarter-over-quarter, cost improvements at Aranzazu and Apoena were sufficient to offset higher costs at Almas, which faced a decrease in grades as anticipated in the mine sequencing plan.In H1 2025, Cash Cost averaged US$1,147/oz, representing a 10% increase compared to the same period in 2024, the increase was primarily driven by the impact of the copper-to-GEO conversion at Aranzazu and lower production at Apoena, as expected. At constant H1 2024 metal prices, Cash Costs increased by 2%The consolidated All-in Sustaining Cost (AISC) was US$1,449 per GEO, representing a 9% increase compared to Q2 2024 and a 1% decrease versus Q1 2025, in line with the cash cost trend. When calculated using constant metal prices from Q2 2024, AISC for the quarter would have been US$1,312 per GEO, a decrease of 1%. In H1 2025, AISC was US$1,455, a 11% increase compared to H1 2024. At constant H1 2024 metal prices, AISC increased by 3%.2.4. Gross Income (US$ thousand)Q2 2025 Q1 2025 % Q2 2024 % H1 2025 H1 2024 % Net Revenue190,436 161,804 18%134,411 42%352,240 266,489 32%Cost of goods sold(86,497)(83,376)4%(83,103)4%(169,873)(168,500)1%Cost of production(44,470)(44,919)-1%(36,203)23%(89,389)(75,062)19%Cost of production - Contractors(17,529)(15,467)13%(22,356)-22%(32,996)(42,380)-22%Change in inventory (cash)(9,550)(9,126)5%(9,762)-2%(18,676)(20,167)-7%Depreciation and amortization(14,948)(13,864)8%(14,782)1%(28,812)(30,891)-7%Gross Profit103,939 78,428 33%51,308 103%182,368 97,989 86%Gross Margin55%48%6 p.p.38%1641 p.p.52%37%15 p.p.The increase in Net Revenue coupled with the Company's rigorous cost control – with an increase of 4% on Cost of goods sold compared to the same quarter of 2024 – led to a Gross Profit at the quarter of US$130.9 million in Q2 2025, with a Gross Margin of 55%, compared to the Gross Profit of US$51.3 million in Q2 2024 and US$78.4 million in Q1 2025.In H1 2025, Gross Profit reached US$182.4 million, higher than US$98.0 million in H1 2024, also explained by 32% increase in net revenue and only 1% at costs of goods sold.2.5.Operating Expenses(US$ thousand)Q2 2025 Q1 2025 % Q2 2024 % H1 2025 H1 2024 % Gross Profit103,939 78,428 33%51,308 103%182,367 97,989 86%Operational Expenses(12,998)(11,012)18%(10,482)24%(24,010)(20,703)16%General and administrative expenses(11,284)(9,636)17%(7,156)58%(20,920)(15,014)39%Care-and-maintenance expenses- - n.a.(375)n.a.- (796)n.a.Exploration expenses(1,714)(1,376)25%(2,951)-42%(3,090)(4,893)-37%Operating income90,941 67,416 35%40,826 123%158,357 77,286 105% Operating Expenses totaled US$13.0 million in the quarter, 18% higher than Q1 2025 and 24% higher than Q2 2024. The result for the quarter was mainly impacted by higher General & Administrative (G&A) expenses, driven by increased professional and consulting fees, as well as audit cost adjustments primarily related to the Company's U.S. listing. In H1 2025, there was a 16% increase in Operational Expenses due to a 39% increase in G&A, partially offset by a 37% reduction in Exploration Expenses.Exploration expenses totaled US$1.7 million in Q2 2025, a 25% increase compared to Q1 2025 and 42% reduction from Q2 2024. Exploration activities in the quarter were concentrated in Almas and Minosa. In Matupá, efforts were focused on expanding reserves in regions close to X1, Pé Quente and other strategic areas. In Carajás, exploration work successfully confirmed copper mineralization, significantly expanding the mineral potential of the region. In H1 2025, the reduction of the Q2 2025 partially compensated the higher expenses in Q1 2025, closing the semester with a 37% reduction, in line with the Company's plan and due to the capitalization of exploration expenses in certain targets.The Company thus ended Q2 2025 with Operating Income of US$90.9 million, compared to an Operating Income of US$40.8 million in Q2 2024, also higher compared to the Operating Income of Q1 2025 of US$67.4 million, which reflects a positive result of higher gross profit.2.6. Adjusted EBITDA(US$ thousand)Q2 2025 Q1 2025 % Q2 2024 % H1 2025 H1 2024 % Operating Income90,941 67,416 35%40,826 123%158,357 77,286 105%Depreciation and Amortization15,283 14,063 9%15,346 -0%29,346 31,553 -7%Adjusted EBITDA106,224 81,479 30%56,172 89%187,703 109,398 72%Adjusted EBITDA Margin56%50%5 p.p.42%14 p.p.53%41%12 p.p.Adjusted EBITDA reached a new all-time high of US$106.2 million in Q2 2025, marking the fourth consecutive quarterly record for Aura. The Company's ongoing commitment to improving asset productivity and maintaining disciplined cost control enabled it to fully capture the benefit of rising metal prices. As a result, Adjusted EBITDA doubled compared to Q2 2024 and grew 30% over Q1 2025.The year-over-year improvement was primarily driven by strong cost control – only 4% increase - and higher gold and copper prices. This result was also noted on the EBITDA margin gain of 14 p.p. Compared to Q1 2025, the increase in Adjusted EBITDA was supported not only by stronger metal prices and also by a 3% increase in sales volume.In H1 2025, the Company maintained stable Cost of Goods Sold compared to H1 2024. Combined with the positive impact of higher metal prices, this led to an Adjusted EBITDA of US$187.7 million, a 72% increase over the same period last year. As a result, the Adjusted EBITDA margin expanded to 53%, up from 41% in H1 2024.2.7. Financial Result (US$ thousand)Q2 2025 Q1 2025 % Q2 2024 % H1 2025 H1 2024 % EBIT90,941 67,416 34.9%40,826 123%158,357 77,286 105%Financial Result(59,630)(121,611)-51.0%(45,102)32%(181,241)(79,197)129%Accretion expense(1,134)(1,666)-31.9%(1,573)-28%(2,800)(3,106)-10%Lease interest expense(161)(1,595)-89.9%(2,012)-92%(1,756)(4,021)-56%Interest expense on debts(6,098)(5,755)6.0%(4,121)48%(11,853)(8,338)42%Finance cost on post-employment benefit(747)(338)121.0%(467)60%(1,085)(834)30%Unrealized gain (loss) on gold hedges(24,304)(100,210)-75.7%(11,558)110%(124,514)(33,226)275%Realized gain (loss) on gold hedges(11,703)(6,036)93.9%- n.a.(17,739)- n.a.Gain (loss) on other derivative transactions(1,305)(1,827)-28.6%- n.a.(3,132)- n.a.Change in liability measures at fair value(4,025)(2,359)70.6%(954)322%(6,384)(3,587)78%Foreign exchange (gain) loss(2,462)(3,176)-22.5%(11,184)-78%(5,638)(13,274)-58%Derivative fee- - n.a.(13,522)n.a.- (13,522)n.a.Loss on settlement of liability with equity instruments(8,768)- n.a.- n.a.(8,768)- n.a.Other finance costs(297)(430)-30.9%(140)n.a.(727)(571)27%Interest Income1,374 1,781 -22.9%429 220%3,155 1,282 146%Other gains (losses)61 (754)n.a.1 n.a.(693)(593)17%Income/ (Loss) before income taxes31,372 (54,949)n.a.(4,275)n.a.(23,577)(2,504)842% The Company's Financial Result in Q2 2025 was US$(59.6) million, following on from the US$(121.6) million loss in Q1 2025, impacted by:Unrealized loss on gold hedges in Q2 2025, arising from mark-to-market (MTM) adjustments related to outstanding gold hedge positions, reflecting increase in gold prices between the start and the end of the quarter, which closed the quarter at US$3,288.57 per Oz, coming from US$2,861.93 per Oz on March 31, 2025. In accordance with IFRS standards, the Company records MTM adjustments at the end of each reporting period for all outstanding derivative positions.Realized losses with gold hedges in Q2 2025 were related to cash settlement of outstanding gold collars during the quarter, driven by the expiration of gold collars within the quarter.Non-cash loss of US$8.8 million related to the settlement of the Nemesia SARL debt with equity instruments, reflecting the difference between the fair value of the shares at the time when the shares were issued and the carrying amount of the debt acquired in the Bluestone transaction at the closing of the transaction.Most of Aura's outstanding gold collars (225,996 Ozs out of about 234,598 Ozs) are associated with the future production of the Borborema Project and will expire between Jul/2025 and Jun/2028. As previously disclosed, about 80% of the production of the first 3 years of the Borborema Project is hedged at ceiling prices of US$2,400.2.8. Net Income (US$ thousand)Q2 2025 Q1 2025 % Q2 2024 % H1 2025 H1 2024 % Income/ (Loss) before income taxes31,372 (54,949)n.a.(4,275)n.a.(23,577)(2,504)841.6%Total taxes(23,225)(18,300)27%(21,500)8%(41,525)(32,488)28%Current income tax (expense)(29,551)(20,814)-42%(14,612)102%(50,365)(24,755)103%Deferred income tax (expense) recovery6,326 2,514 -152%(6,888)-192%8,840 (7,733)n.a.Income/(Loss) for the period8,147 (73,249)n.a.(25,775)-132%(65,102)(34,992)n.a.Net Margin4%-45%n.a.-19%-122%-18%-13%n.a.Unrealized loss with derivative gold collars(24,304)(100,210)n.a.(11,558)110%(124,514)(33,226)275%Gain (loss) on foreign exchange(2,462)(3,176)22%(11,184)-78%(5,638)(13,274)-58%Deferred taxes on non-monetary items6,847 3,234 n.a.(12,447)-155%10,081 (11,472)n.a.Loss on settlement of liability with equity instruments(8,768)- n.a.- n.a.(8,768)- n.a.Adjusted Net Income36,834 26,903 37%9,414 291%63,738 22,980 177%Net Income in Q2 2025 was US$8.1 million, an increase when compared to a Net Loss of US$(25.8) in Q2 2024 and US$(73.2) in Q1 2025. This improvement vs. Q2 2024 and Q1 2025 was mainly due to the improvement in the Operating Income during Q2 2025. In addition, compared to Q1 2025, there was a decrease in Finance Costs in the quarter, related to a lower unrealized loss on gold hedges in Q2 2025, which resulted from mark-to-market (MTM) adjustments on open hedge positions, driven by increase in gold price between the start and the end of the quarterIn H1 2025, Net Loss reached US$(65.1), also mainly due to mark-to-market (MTM) adjustments on open hedge positions, driven by increase in gold price between the start and the end of the semester.Adjusted Net IncomeAs result of increase in the Company's Operating Income, adjusted net income in Q2 2025 was US$36.8 million in the period, compared to US$9.4 million in Q2 2024, excluding:Non-cash losses related to gold hedges: US$(24.3) millionFX losses: US$(2.5) millionDeferred taxes over non-monetary items US$6.9 millionLoss on settlement of liability with equity instruments: US$(8.8) millionManagerial view – Adjusted EBITDA to Adjusted Net Income Q2 2025 Bridge (US$ million)3. Performance of the Operating Units3.1 Aranzazu(US$ thousand)Q2 2025 Q1 2025 % Q2 2024 % H1 2025 H1 2024 % Production at Constant Prices (GEO)122,281 19,017 17%19,337 15%41,298 39,439 5%Production at Current Prices (GEO)22,281 20,456 9%24,692 -10%42,737 49,693 -14%Sales (GEO)22,290 20,456 9%24,683 -10%42,746 49,786 -14%Cash Cost (US$/GEO)1,110 1,164 -5%958 16%1,136 942 21%AISC (US$/GEO)1,514 1,545 -2%1,206 26%1,529 1,235 24% Net Revenue62,508 50,262 24%49,240 27%112,770 93,402 21%Cost of goods sold(31,021)(30,282)2%(29,266)6%(61,303)(58,130)5%Gross Profit31,487 19,980 58%19,974 58%51,467 35,272 46%Expenses(2,310)(2,483)-7%(2,588)-11%(4,793)(5,010)-4%G&A(1,516)(1,774)-15%(932)63%(3,290)(2,244)47%Exploration expenses(794)(709)12%(1,656)-52%(1,503)(2,766)-46%EBIT29,177 17,497 67%17,386 68%46,674 30,262 54%Adjusted EBITDA35,684 24,387 46%23,012 55%60,254 41,502 45%Financial Result(4,292)(606)608%(832)416%(4,898)(1,675)192%Financial expenses(3,762)(34)n.a.(201)n.a.(3,796)(748)407%Other revenue/expenses(530)(572)-7%(631)-16%(1,102)(927)19%EBT24,885 16,891 47%16,554 50.3%41,776 28,587 46.1%Total taxes(12,532)(7,383)70%(6,814)84%(19,915)(11,230)77%Current income tax (expense)(13,035)(6,431)n.a.(7,796)67%(19,466)(12,291)58%Deferred income tax (expense) recovery503 (952)n.a.982 -49%(449)1,061 n.a.Net Income12,353 9,508 30%9,740 27%21,861 17,357 26%Applies the metal sale prices in Aranzazu realized during Q2 2025: Copper price = US$4.39/lb; Gold Price = US$3,293/oz; Silver Price = US$34.27/oz.In the second quarter of 2025, Aranzazu production reached 22,281 GEO, representing an increase of 9%, at current prices, and 17% at constant prices, when compared to the previous quarter, resulting from higher grades and better recoveries, despite the increase in gold prices which negatively impacted the conversion to GEO. When compared to Q2 2024, production decreased by 14% due to the sharp increase in gold prices between the periods which also impacted GEO conversion. At constant prices, Aranzazu production increased by 15%, also due to higher grades and a recovery improvement.Aranzazu's Net Revenue totaled US$62.5 million for Q2 2025, 24% higher than Q1 2025. Net Revenue grew 27% compared to Q2 2024, driven by higher metal prices. In H1 2025, the Net Revenue of Aranzazu reached US$112.8 million, a 21% increase compared to H1 2024.The Cash Cost was US$1,110/GEO for the quarter, 5% lower than Q1 2025 and 16% higher than Q2 2024. In H1 2025, Cash Cost increased by 21%, with a total of US$1,136/GEO in the semester. Aranzazu`s AISC was US$1,514 in the quarter, representing a 26% increase compared to the same period last year mainly due to differences in metal prices. At constant metal prices, AISC decreased by 3% when compared to Q2 2024. The decrease in AISC versus last year is a result from higher grades and recoveries, in line with planned mine sequencing, partially offset by higher investments in primary development and tailing dams. In H1 2025, the AISC was US$1,248, an increase of 1% compared to the same period in 2024 at same metal prices.The cost discipline aligned with better productivity drove the Adjusted EBITDA to US$35.7 million in Q2 2025, 46% higher than Q1 2025 and 55% higher than Q2 2024. In H1 2025, Adjusted EBITDA reached US$60.1 million, an increase of 45% over H2 2024. Aranzazu's Net Income totaled US$12.3 million in Q2 2025, a 27% increase compared to Q2 2024, and US$21.9 million in H1 2024.3.2 Apoena(US$ thousand)Q2 2025 Q1 2025 % Q2 2024 % H1 2025 H1 2024 % Production (GEO)8,219 8,876 -7%9,912 -17%17,095 22,017 -22%Sales (GEO)8,219 9,408 -13%8,258 -0%17,627 21,118 -17%Cash Cost (US$/GEO)1,168 1,228 -5%1,252 -7%1,200 940 28%AISC (US$/GEO)1,751 2,041 -14%1,958 -11%1,906 1,500 27% Net Revenue26,711 26,353 1%18,992 41%53,064 44,999 18%Cost of goods sold(14,270)(15,104)-6%(15,814)-10%(29,374)(31,749)-7%Gross Profit12,441 11,249 11%3,178 291%23,690 13,250 79%Expenses(998)(1,425)-30%(1,150)-13%(2,423)(2,175)11%G&A(936)(1,301)-28%(785)19%(2,237)(1,427)57%Care & maintenance expenses- - n.a.(243)n.a.- (578)n.a.Exploration expenses(62)(124)-50%(122)-49%(186)(170)9%ARO- 1,330 n.a.- n.a.1,330 - n.a.EBIT11,443 9,824 16%2,028 464%21,267 11,075 92%Adjusted EBITDA16,151 13,516 19%7,541 114%29,697 23,046 29%Financial Result(1,453)(6,567)-78%(2,708)-46%(8,020)(6,350)26%Financial expenses(1,497)(6,636)-77%(2,798)-46%(8,133)(6,440)26%Other revenue/expenses44 69 -36%90 n.a.113 90 26%EBT9,990 3,257 207%(680)n.a.13,247 4,725 180%Total taxes(1,211)1,342 n.a.(2,788)-57%131 (3,507)n.a.Current income tax (expense)(862)(663)30%(986)-13%(1,525)(1,882)-19%Deferred income tax (expense) recovery(349)2,005 n.a.(1,802)-81%1,656 (1,625)n.a.Net Income8,779 4,599 91%(3,468)n.a.13,378 1,218 998%In the second quarter of 2025, Apoena production was in line with expectations and at 8,219 GEO, a 17% decrease from Q2 2024, primarily due to the mine's investment phase focusing on opening the Nosde Phase III pit, and lower ore grades as result. Compared to Q1 2025, production decreased 7%, consistent with the mine plan, as lower-grade ore was mined. Despite this decrease, production remains in line with the Company' full year 2025 expectations. Pre-stripping activities are underway while we push back the Nosde and Lavrinha mines to regain access to higher volume and higher grades by end of 2026 at Nosde Phase III.Apoena's Net Revenue totaled US$26.7 million for Q2 2025, in line with Q1 2025. Compared to Q2 2024, the significant increase of 41% mainly due to the higher gold price, offsetting the lower production. In H1 2025, Apoena reached a Net Revenue of US$53.1 million, an increase of 18% compared to H1 2024.The Cash Cost was US$1,168/GEO for the quarter, a 5% decrease versus Q1 2025 and 7% lower than Q2 2024. Apoena's AISC was US$ 1,751/GEO in Q2 2025, a drop of 14% versus Q1 2025 and a decrease of 11% compared to Q2 2024, mainly driven by increase in the proportion of costs capitalized as expansion capex, related to the Nosde pit. In H1 2025, the AISC was US$1,906, an increase of 27% compared to the same period in 2024, which was expected considering the mine sequencing. Despite the ongoing investments in expansion, which have temporarily impacted production, the focus on cost control combined with higher gold prices drove Adjusted EBITDA to US$16.1 million in Q2 2025, up 114% compared to Q2 2024 and 19% higher than Q1 2025. In H1 2025, Adjusted EBITDA reached US$29.7 million, an increase of 29% over H2 2024.Apoena's net income totaled US$8.8 million in Q2 2025, a 91% increase over Q1 2025 and a significant improvement from the net loss of US$3.5 million recorded in Q2 2024 resulting in a net income of US$13.4 million in the H1 2025, an increase of 998% when compared to H1 2024.3.3 Minosa(US$ thousand)Q2 2025 Q1 2025 % Q2 2024 % H1 2025 H1 2024 % Production (GEO)18,039 17,654 2%19,142 -6%35,693 38,328 -7%Sales (GEO)17,836 17,526 2%19,738 -10%35,362 38,966 -9%Cash Cost (US$/GEO)1,178 1,149 3%1,094 8%1,164 1,140 2%AISC (US$/GEO)1,292 1,249 3%1,159 12%1,271 1,223 4% Net Revenue55,776 48,062 16%41,962 33%103,838 79,609 30%Cost of goods sold(22,056)(21,476)3%(23,171)-5%(43,532)(47,213)-8%Gross Profit33,720 26,586 27%18,791 79%60,306 32,396 86%Expenses(1,430)(1,371)4%(1,242)15%(2,801)(2,392)17%G&A(1,166)(1,135)3%(1,242)-6%(2,301)(2,391)-4%Exploration expenses(264)(236)12%- n.a.(500)(1)n.a.EBIT32,290 25,215 28%17,549 84%57,505 30,004 92%Adjusted EBITDA33,533 26,856 25%19,120 75%60,646 32,796 85%Financial Result(1,189)(1,556)-24%(2,064)-42%(2,745)(4,426)-38%Financial expenses(1,442)(1,312)10%(1,661)-13%(2,754)(3,836)-28%Other revenue/expenses253 (244)n.a.(403)n.a.9 (590)n.a.EBT31,101 23,659 31%15,485 101%54,760 25,578 114%Total taxes(7,425)(6,218)19%(4,948)50%(13,643)(8,743)56%Current income tax (expense)(7,774)(6,611)18%(4,936)57%(14,385)(8,508)69%Deferred income tax (expense) recovery349 393 -11%(12)n.a.742 (235)n.a.Net Income23,676 17,441 36%10,537 125%41,117 16,835 144%In the second quarter of 2025, Minosa produced 18,039 GEO, up 2% when compared to the previous quarter, resulting from higher grades processed during the quarter due to mine sequencing. When compared to the same quarter last year, production decreased by 6%, primarily due to lower stacking volumes in Q2 2025, impacted by higher rainfall levels during the period and was in line with the Company's expectations.Net Revenue totaled US$55.8 million in Q2 2025, up 16% from Q1 2025, due to higher gold prices and sales volumes, while in comparison to Q2 2024 it grew 33%, mainly due to the increase in the price of gold over the period. In H1 2025, Net Revenue reached US$103.8 million, 30% higher than H1 2024.The Cash Cost was US$1,178/GEO in Q2 2025, 3% higher than Q1 2025 and 8% higher than Q2 2024, due to lower production as result of the lower stacking volumes. In H1 2025, Cash Cost was US$1,164/GEO, 2% increase compared to H1 2024, due to lower grades and slightly higher mine costs. Considering these effects, All-In Sustaining Cost totaled US$1,292/GEO for the quarter, an increase of 3% compared to Q1 2025 and 12% compared to Q2 2024.The Adjusted EBITDA totaled US$33.5 million in Q2 2025, up 84% versus Q2 2024, reflecting the positive impact of a strong cost control and higher gold prices, while it was up 25% versus Q1 2025. In H1 2025, Adjusted EBITDA reached US$60.4 million, an increase of 84%. Minosa's Net Income totaled US$23.7 million for the quarter, up 125% in Q2 2024 and 36% in Q1 2025, resulting in a Net income of US$ 41.1 million in the H1 2025.3.4 Almas (US$ thousand)Q2 2025 Q1 2025 % Q2 2024 % H1 2025 H1 2024 Full story available on Benzinga.com
iBuying platform, Opendoor Technologies Inc. (NASDAQ:OPEN), reported its second-quarter earnings, marking its first quarter of adjusted EBITDA profitability in three years. Check out the current price of OPEN stock here.What Happened: During the company’s earnings call on Tuesday, CFO Selim Freiha highlighted its $23 million EBITDA profit, compared to a loss of $5 million last year. Freiha says, “This outcome is an indicator of the meaningful operating leverage we have driven,” while cautioning investors of a tougher second half. “The housing market has further deteriorated over the course of the last quarter,” he says, placing the blame on persistently high mortgage rates, which continue to suppress buyer demand, and have since led ...Full story available on Benzinga.com
Explore the top YouTube channels to learn Generative AI with expert tutorials, real-world projects, and research insights.
Need a watch to go with your favorite navy suit? Of course you do.
NEW YORK and NEW ORLEANS, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until September 26, 2025 to file lead plaintiff applications in a securities class action lawsuit against Sable Offshore Corp. (NYSE:SOC), if they purchased the Company's securities (1) between May 19, 2025 and June 3, 2025, both dates inclusive (the "Class Period"); and/or (2) pursuant and/or traceable to Sable's May 21, 2025 secondary public offering (the "SPO"). This action is pending in the United States District Court for the Central District of California.What You May DoIf you purchased securities of Sable Offshore and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at ...Full story available on Benzinga.com
SAN DIEGO, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Robbins LLP informs stockholders that a class action was filed on behalf of investors who purchased or otherwise acquired Novo Nordisk A/S (NYSE: NVO) securities between May 7, 2025 and July 28...
Dynasty Gold (TSXV: DYG) announced its preliminary exploration program is currently underway in preparation for the upcoming 2025 drilling campaign, expected to begin [...]The post Visible gold discovery sparks Dynasty’s Thundercloud push appeared first on Canadian Mining Journal.
Statistics Canada says Canadian exporters did more business with the United States in June even as tariffs ramped up.
Canadian trade with U.S. picked up in June despite tariffs: StatCan CTV NewsNational trade deficit widened to $5.9-billion in June, second highest on record: Statscan The Globe and MailCanada’s trade deficit widened to $5.9 billion in June BNN BloombergCanada’s trade flows recovering from spring: Statistics Canada Advisor.caCanada's trade deficit widened to C$5.9 billion in June MSN
Quidnet Energy, backed by Breakthrough Energy Ventures led by Bill Gates, recently demonstrated long-duration energy storage by storing electricity underground under pressure for six consecutive months with virtually no self-discharge.The startup discharged 35 megawatt‐hours in June from its Texas pilot site for San Antonio’s municipal power utility after holding the charge in impermeable rock formations. Quidnet Energy Vice President of Engineering Bunker Hill hailed the outcome as strong validation of the robustness and scalability of the company's Geomechanical Energy Storage technology.Quidnet Energy's Underground Battery Storage Could Transform Renewable Energy GridsQuidnet Energy's patented GES method injects water into deep geological reservoirs and stores it under high pressure instead of pumping water uphill as in traditional pumped hydro systems. According to Quidnet Energy, the closed‐loop water system uses commercially available drilling, piping, and turbine technology repurposed from oil and gas infrastructure in the U.S.Don't Miss:The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — and you can too at just $2.90/share.Accredited Investors: Grab Pre-IPO Shares of the AI Company Powering Hasbro, Sephora & MGM—Secure $0.63 Shares Before 8/14 The system reuses water continuously, limiting evaporation and avoiding large surface reservoirs. ...Full story available on Benzinga.com
Digital Transformation is evolving rapidly. The Future Of Business Technology and Innovation Strategy Shift are reshaping how companies operate.