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The Latest Breaking News from Wikimedia Commons

US Sanctions Russian State-Controlled Diamond Miner That Controls 30% Of Global Supply: Bloomberg

The U.S. Treasury has extended sanctions to Russian diamond miner Alrosa PJSC, potentially cutting off about 30% of the world’s supply of rough stones, writes Bloomberg. According to a license from the U.S. Office of Foreign Assets Control, clients of Alrosa and other counterparties must stop all dealings with the miner by…

Benzinga

Nova Mentis Is Looking To Treat Autism With Psilocybin

Nova Mentis Life Science Corp. (OTCQB:NMLSF) and the private college Toronto Institute of Pharmaceutical Technology have signed a contract for the production of psilocybin capsules. The company will supply the microdose capsules for a Phase 2A fragile X syndrome (FXS) clinical study. FXS, also known as Martin-Bell syndrome, is one…

Benzinga

Moon Knight's Oscar Isaac Opens Up On Taking Psilocybin With Ethan Hawke

Oscar Isaac, one of the most recognizable personalities at the moment with roles in record-breaking films such as Ex Machina, Dune and the three latest Star Wars movies, has cemented his position as a great actor. Lately, he has been on a publicity tour for his most recent show, Moon Knight, and was recently a…

Benzinga

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Boeing 737 MAX Lands In China Amid Uncertainty Over Model's Return: Reuters

A Boeing Co (NYSE:BA) 737 MAX intended for China Eastern Airlines (NYSE:CEA) subsidiary Shanghai Airlines landed in Shanghai on Thursday, according to flight-tracking websites, amid uncertainty about when the model will resume flying in China, reported Reuters. Flight BOE631 from Guam came more than three weeks after the first 737 MAX bound for a Chinese…

Benzinga

Blackhawk Growth To Acquire Mycology Supplier Blum Distributors

The investment holding company Blackhawk Group (CSE:BLR) announced that it has entered into an all-stock purchase agreement with Blum Distributors Ltd. Blum is a mycology supplier with in-house product cultivation, distribution and sales center. The company recently signed a contract with Applied Myco to provide a white label solution. The contract guarantees…

Benzinga

Maryland Bill Would Give Veterans Access To Psychedelics As A Form Of PTSD Treatment

This week, a Senate-passed bill to create a state fund to provide psychedelics to military veterans was taken up by a Maryland House of Delegates. The goal of the fund is to provide “cost-free” access to substances such as psilocybin, MDMA, and ketamine to treat post-traumatic stress disorder (PTSD) and traumatic…

Benzinga

Trump's Social Media Venture Abruptly Loses Key Officials; Sparks Concerns

Tech chief Josh Adams and product development chief Billy Boozer have resigned from former President Donald Trump's 'Truth Social' in less than a year, Reuters reports. Sources said, "If Josh has left… all bets are off," calling him the "brains" behind Truth Social's technology. Boozer also had a significant leadership role…

Benzinga

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SoftBank Loses Vision Fund Leader; Continues To Liquidate Portfolio

Ron Fisher looked to depart as the head of SoftBank Group Corp's (OTC:SFTBY) (OTC:SFTBF) Vision Fund and Chair and director of SoftBank Investment Advisors U.S. on April 15, Bloomberg reports. Fisher would remain a senior advisor to SoftBank's founder and CEO, Masayoshi Son. Fisher left SoftBank's board in 2021. Fisher began working with…

Benzinga

Amazon's Unionization Would Hit Its Profitability, Morgan Stanley Says

Morgan Stanley analysts saw Amazon.com Inc's (NASDAQ:AMZN) unionization decision driving costs, CNBC reports. Morgan Stanley analysts saw Amazon's 2023 operating expenses increasing by $203 million on hiking JFK8 employees' hourly wages to $29. It served a tiny fraction of Amazon's annual operating costs, which reached $445 billion in 2021. Every 1% of Amazon's front-line…

Benzinga

Xi Jinping once called Vladimir Putin his ‘bosom buddy’, but Russia's failing gambit in Ukraine hands China an opportunity

China wants to strengthen ties with Russia, but given the complex love-hate relationship between the two powers, it's not clear how that will play out in Ukraine.

ABC News

38 Different Pride Flags and What Each Stands For

Inclusivity matters.

Marie Claire

Read How Amazon's 2022 Warehouse Union Election Set It Apart From 2021

Around 57% of Amazon.com Inc (NASDAQ:AMZN) workers at a New York City Staten Island warehouse have voted in favor of unionizing, Reuters reports. Contrastingly, 53% of Amazon workers in Alabama have rejected unionization. A final tally was due on April 1. The Alabama contest could hinge on 416 challenged ballots leading to a…

Benzinga

Georgia Bill Calls For Creation Of Psychedelics Committee To Study Therapeutic Potential

Georgia lawmakers advanced a bipartisan resolution that calls for the formation of a House study committee to investigate psychedelics, Marijuana Moment reported. The goal of the committee would be to analyze the potential therapeutic applications of the substances, such as psilocybin, and make recommendations for reforms. The bill was taken…

Benzinga

Michigan Advocates Launch Massive Signature Drive For Statewide Psychedelics Legalization

Less than a week after Hazel Park decriminalized psychedelics, Decriminalize Nature, its Michigan chapter and Students for Sensible Drug Policy (SSDP) launched a massive signature drive to place a measure on this November’s statewide ballot to legalize possessing, cultivating and sharing psychedelics. At the same time, the measure would allow them to…

Benzinga

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The Conversation

Now Shackleton's Endurance has been found, who determines what happens to the famous shipwreck?

Tonight’s federal budget will include more than A$800 million over ten years to provide a “clear marker” of Australia’s “scientific leadership” in Antarctica.

Reason

Ukraine Changes the Face of War Forever

Every fried Russian tank and dead soldier drives home the point that superpowers can no longer dominate simply because they have more troops and weapons.

Benzinga

Volkswagen Forced To Defer EV launch Due To Ukraine War Bottleneck: Reuters

Volkswagen AG (OTC:VWAGY) looked to postpone the launch of its ID.5 electric car by a month, Reuters reports. Volkswagen's Zwickau plant produced the ID.5. Supply bottlenecks caused by the Ukraine war led to a production halt and were due to resume next week. Volkswagen now aimed to release it in the first…

Benzinga

BP To Inject £1B In UK Electric Vehicle Charging Infrastructure

BP plc (NYSE:BP) has announced a £1 billion investment for the U.K. electric vehicle (EV) charging infrastructure over ten (10) years. The investment, which will see a tripling of charging points by 2030, was unveiled during an official visit by Transport Secretary Grant Shapps to BP pulse's UK headquarters in Milton Keynes. It…

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Benzinga

Nickel Rises On LME As Buyers Return After Squeeze

Nickel volumes surged as prices traded within the London Metal Exchange’s daily limits for the first time since reopening last week, Bloomberg reported. Prices climbed to a high of $29,700 a ton and remained within a 15% intraday limit set by the bourse. Nickel prices jumped 250% in early March touching a…

Benzinga

Canadian Pacific Reaches Agreement With TCRC To Enter Binding arbitration, End Work Stoppage

Canadian Pacific Railway Ltd (NYSE:CP) and union Teamsters Canada Rail Conference (TCRC) have arrived at an arbitration agreement, paving the way to resume operations. The company's trains were halted on Sunday after a dispute between the company and its workers over contract negotiations. The impasse threatened to amplify the already elongated supply chain snarls.…

Benzinga

Porsche AG Sets High Bar For Electric Vehicles

Volkswagen AG (OTC:VWAGY) owned luxury sports car maker Porsche AG has set forth an upbeat target for its electric vehicles, Reuters reported. Porsche said it expects more than 80% of newly sold Porsche vehicles to be fully electric in 2030. In an annual press conference, its chief finance officer said Porsche had set 15%…

Benzinga

Alibaba Looks To Slash Workforce By 30% After Its MMC Division Decides To Lay off 20% Employees

Alibaba Group Holding Ltd (NYSE:BABA) and Tencent Holdings Ltd (OTC:TCEHY) employees saw a job cut of 30%, the Print reports as per speculation on Weibo Corp (NASDAQ:WB). Internal speculation among employees was that Alibaba looked to lay off 30% of its employees while Tencent between 10% - 30% of its employees. Tencent started layoffs within small business…

Benzinga

Irish Data Watchdog, South African Competition Commission Penalize Facebook Parent Meta

Privacy watchdog Irish Data Protection Commission penalized Meta Platforms Inc (NASDAQ:FB) €17 million ($19 million) for failing to prevent a series of data breaches on its Facebook platform in 2018, Bloomberg reports. The breach affected up to 50 million accounts. "This fine is about record-keeping practices from 2018 that we have since updated,…

Benzinga

Goldman Sachs Trims US Growth Forecast On Rising Commodity Prices: Reuters

Goldman Sachs Group Inc (NYSE:GS) analysts downgraded forecasts for U.S. economic growth for this year, reckoning that spikes in oil and other commodities since Russia's invasion of Ukraine will hurt spending, reported Reuters. The investment bank cut its annualized growth forecast to 2.9% against a previous expectation of 3.1%. It expects fourth-quarter…

Benzinga

El Pollo LoCo Stock Surges On Q4 Earnings Beat, Names Laurance "Larry" Roberts CEO

El Pollo LoCo Holdings Inc (NASDAQ:LOCO) reported a fourth-quarter revenue decline of 1.3% year-over-year to $108.96 million, beating the consensus of $108.58 million. Franchise revenue in the quarter increased by 12.6% Y/Y to $15.3 million. System-wide comparable restaurant sales increased 11%. Adjusted EPS improved to $0.17 from $0.16, beating the consensus of $0.12.…

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