Loan Default

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Business

Lithium Americas Shares Slide as U.S. Government, GM Restructure Thacker Pass Stake

Shares of Lithium Americas (TSX:LAC) fell sharply following the formalization of new funding agreements with the Department of Energy and General Motors for the Thacker Pass project. The deals grant the DOE discounted warrants and a stake in the venture, reshaping its capital structure and cementing federal involvement, while raising fresh questions about dilution and execution risks for the pre-revenue miner.

Business

Bitcoin's Next Accumulation Phase Hinges on Fragile US Credit Markets

As Bitcoin's price struggles to find a floor, analysts point to a critical and seemingly calm indicator—the US corporate credit spread—as the potential trigger for the next major move. The current divergence between compressed credit risk and falling crypto prices suggests markets may be underpricing looming stress.