4h ago
53 former federal prosecutors say Trump media firm’s $100,000 Truth API early-access plan may be criminal
A group of 53 former federal prosecutors and law enforcement officials told a court that Trump Media & Technology Group’s plan to sell Wall Street investors early access to President Donald Trump’s Truth Social posts may amount to federal crimes. The company’s Truth API data feed charges $100,000 and promises “realtime access to posts from the highestranking Truth Social accounts.” The service sits at the center of a Southern District of New York lawsuit brought by the Intercept and the Freedom of the Press Foundation, which is seeking a preliminary injunction to stop the early-access transmission.
4h ago
5h ago
Canada targets doubling uranium exports by 2035 as Cameco forecasts 28 million-plus pounds of annual deliveries in 2026–2030
Canada has rolled out a national nuclear energy strategy that aims to double uranium exports by 2035 and plans to review foreign-investment access rules for uranium mining by 2027 to broaden funding channels. Cameco expects average annual uranium deliveries of more than 28 million pounds between 2026 and 2030. The company says its core mines should continue to run at low cost and generate strong cash flow to meet capital spending needs.
5h ago
5h ago
Telus cuts quarterly dividend 55% to $0.1875 and targets debt reduction through 2028
Telus slashed its quarterly dividend 55% to $0.1875 per share from $0.4184, taking the annual payout down to $0.75. The company also reduced its free cash flow outlook to about $1.8 billion and lowered its payout ratio target range to 45%–60% from 60%–75%. Telus expects the reset to save about $2.7 billion in cumulative cash through 2028, with the funds prioritized for debt reduction. In the second quarter, it recorded a $2.1 billion non-cash impairment charge.
5h ago
5h ago
Ganesh Chaturthi gold sales in India fall about 15% by volume as prices jump to Rs 1.57 lakh per 10 grams
Gold sales during Ganesh Chaturthi in India fell about 15% year on year by volume as buyers cut back or shifted to lighter jewellery after a sharp rise in prices, according to industry executives. In Mumbai’s spot market, gold traded at Rs 1.57 lakh per 10 grams with a 3% goods and services tax, up about 60% from Rs 98,000 per 10 gm on August 28 last year. Consumers also stepped up old-jewellery exchanges, while sales of coins and bars and demand tied to weddings and younger self-purchasers remained relatively resilient.
5h ago
6h ago
BHP shares jump 51.7% year on year as FY 2026 dividends rise to $2.419 a share
BHP Group shares have gained 51.7% over the past 12 months, outperforming the ASX 200 by more than 52 percentage points. The miner’s FY 2026 dividend payouts totalled $2.419 per share, up 41.6% year on year, implying a fully franked trailing dividend yield of 4% at current prices. Copper became BHP’s largest earnings driver for the first time, helped by a near-40% rise in copper prices in H2 FY26.
6h ago
6h ago
Australia’s big four banks tip RBA cash rate rise to 4.60% on September 29, with ANZ calling for 4.85% by November
Australia’s four major banks now forecast the Reserve Bank of Australia will lift the cash rate by 25 basis points to 4.60% on September 29. ANZ also expects back-to-back increases in September and November, which would take the cash rate to 4.85%, returning it to levels seen during the 2008 global financial crisis. The banks point to Middle East conflict pushing up oil prices, an inflation risk the RBA is seen as prioritising, adding to the urgency for another hike.
6h ago
7h ago
Disney lifts U.S. park attendance 3% with $59 Disneyland evening tickets and targeted deals as Universal and SeaWorld see softer traffic
Disney is using targeted promotions—including a limited-time $59 evening ticket at Disneyland, resident specials and free-dining offers—to spur demand. In the company’s most recent quarter, attendance at its domestic theme parks rose 3% year over year, the biggest increase since 2023. Domestic per-capita guest spending also increased 4% from a year earlier, suggesting the lower-priced options did not dilute spending per visitor. By contrast, Universal and SeaWorld have reported weaker attendance trends over the same period.
7h ago
8h ago
Paramount Skydance settles with US states, clearing hurdle to $110bn Warner Bros Discovery merger
Paramount Skydance has settled a lawsuit with dozens of US states that challenged its $110bn merger with Warner Bros Discovery, removing a major obstacle, California Attorney General Rob Bonta said. Under the agreement, Paramount must release at least 30 films each year. It must also ensure 20% of film production takes place in the US for the first two years, rising to over 30% in the following three years.
8h ago