DEVELOPING 'Numerous' officers shot in 'active situation' in Charlotte, North Carolina, police say
'Numerous law enforcement officers' have been shot in an 'active situation' in Charlotte, North Carolina, police say.
Shares of Trump Media & Technology Group continue to rapidly fall back to Earth.
The Truth Social owner dropped by another 8 per cent on Monday, adding to a brutal week that wiped out a third of the stock's value.
The selloff has shrunk former President Donald Trump’s stake in the controversial company to about US$2.9 billion. That’s down sharply from a peak of US$5.2 billion based on the closing high of US$66.22 on March 27, the day after it went public.
Trump owns a dominant stake of 78.8 million shares in Trump Media, which launched in 2021. Its plan to go public by merging with a shell company was delayed for years by regulatory and legal scrutiny.
When Trump Media finally went public late last month, experts immediately warned that Wall Street was drastically overvaluing the company based on traditional fundamental metrics like revenue and users.
Last week, Trump Media disclosed losing US$58 million last year on very light revenue of just US$4.1 million. By comparison, Twitter (now known as X) generated more than 100 times as much revenue – US$665 million — in 2013 ahead of its initial public offering in November of that year.
After its first day of trading, Trump Media was valued at as much as US$11 billion. That’s almost twice the valuation that Reddit achieved after its IPO in March – even though Reddit generated roughly 200 times as much revenue.
Despite the recent losses, shares of Trump Media and the blank check company it merged with have more than doubled this year.
'Numerous law enforcement officers' have been shot in an 'active situation' in Charlotte, North Carolina, police say.
Toronto police say 12 people are facing a combined 102 charges in connection with an investigation into a major credit fraud scheme.
A Calgary elementary school principal has been charged with possession of child pornography, authorities announced Monday.
NDP Leader Jagmeet Singh says he's still not ready to say whether his caucus will support the federal budget, citing a need for further 'clarity' over whether the Liberals intend to address concerns surrounding the Canada Disability Benefit program.
Saskatchewan Premier Scott Moe says the Canada Revenue Agency plans to audit the province for not paying carbon levies on home heating.
B.C. Premier David Eby has joined other politicians denouncing remarks at a demonstration in Vancouver where protesters chanted “long live Oct. 7,” praising that day's attacks by Hamas on Israel.
Norovirus is spreading at a 'higher frequency' than expected in Canada, specifically, in Ontario and Alberta, according to the Public Health Agency of Canada.
Moderate drinking was once thought to have benefits for the heart, but better research methods have thrown cold water on that.
Tobacco manufacturers have until Tuesday to ensure every king-size cigarette produced for sale in Canada has a health warning printed directly on it.
Since 1932, Montreal's Henri Henri has been filled to the brim with every possible kind of hat, from newsboy caps to feathered fedoras.
Police in Oak Bay, B.C., had to close a stretch of road Sunday to help an elephant seal named Emerson get safely back into the water.
Out of more than 9,000 entries from over 2,000 breweries in 50 countries, a handful of B.C. brews landed on the podium at the World Beer Cup this week.
Raneem, 10, lives with a neurological condition and liver disease and needs Cholbam, a medication, for a longer and healthier life.
The lawyer for a residential school survivor leading a proposed class-action defamation lawsuit against the Catholic Church over residential schools says the court action is a last resort.
Mounties in Nanaimo, B.C., say two late-night revellers are lucky their allegedly drunken antics weren't reported to police after security cameras captured the men trying to steal a heavy sign from a downtown business.
A property tax bill is perplexing a small townhouse community in Fergus, Ont.
When identical twin sisters Kim and Michelle Krezonoski were invited to compete against some of the world’s most elite female runners at last week’s Boston Marathon, they were in disbelief.
The giant stone statues guarding the Lions Gate Bridge have been dressed in custom Vancouver Canucks jerseys as the NHL playoffs get underway.