Canada’s Hospitality Sector Braces for 4,000 Closures in 2026

Toronto, Friday, 9 January 2026.
A Dalhousie University study warns 4,000 restaurants will close this year, adding to the 7,000 lost in 2025, as independent owners battle inflation and declining alcohol sales.

Trump Directs $200 Billion Government Bond Purchase to Cut Mortgage Rates

December Jobs Data Confirms 2025 as Weakest Hiring Year Since 2020

Historical Trends Suggest 2026 Stock Rally May Stall Despite AI Optimism

German Unemployment Hits 12-Year Peak as Economic Stagnation Persists

Corcept Therapeutics Faces Market Selloff and Legal Probes Following FDA Rejection of Relacorilant

San Francisco, Friday, 9 January 2026.
Corcept Therapeutics (NASDAQ: CORT) is under intense pressure after the FDA issued a Complete Response Letter regarding its New Drug Application for relacorilant, a treatment for hypertension caused by hypercortisolism. The regulatory rejection, announced on December 31, 2025, precipitated a massive 50% collapse in share value, effectively erasing $3.6 billion in market capitalization. While the FDA acknowledged some positive trial data, it concluded that additional evidence is required to establish the drug’s effectiveness. Consequently, the company now faces a wave of investigations from shareholder rights law firms, including Hagens Berman and Scott+Scott. These inquiries focus on whether management overstated relacorilant’s clinical efficacy and the commercial prospects of its hypercortisolism business to investors. Analysts have subsequently downgraded price targets, casting doubt on Corcept’s ability to meet its projected revenue goals within the previously stated timeframe.

China SXT Pharmaceuticals Raises $10 Million Selling Shares at Significant Discount

Apogee Enterprises Under Investigation After Stock Plunges Seventeen Percent

Aquestive Therapeutics Faces Legal Scrutiny After FDA Flags Deficiencies in Anaphylm Application

Sprouts Farmers Market Shareholders Face Upcoming Deadline in Securities Fraud Lawsuit

DHS Identifies Portland Shooting Victims as Gang Affiliates, Igniting Federal-Local Standoff

Portland, Friday, 9 January 2026.
After agents shot two alleged Tren de Aragua members, Portland’s mayor demanded ICE halt all city operations, marking a severe escalation in federal-local jurisdictional disputes.

Senators Demand Apple and Google Remove X Amid Grok Deepfake Crisis

Skepticism Mounts as Trump Announces $100 Billion Venezuela Energy Pledge

Arctic Strategy: White House Reportedly Weighs Cash Incentives for Greenland Secession

Supreme Court Set to Decide Fate of Trump’s Multi-Billion Dollar Tariffs

German Exports Post Unexpected Drop Despite Manufacturing Gains

Wiesbaden, Friday, 9 January 2026.
November exports fell 2.5%, weighed down by weak US demand, overshadowing a surprise 0.8% rise in industrial output and signaling persistent challenges for Europe’s economic engine.

US Escalates Venezuela Blockade With Seizure of Fifth Oil Tanker

Italy Selects Sicily for First Multinational F-35 Training Hub Outside the US

Gunfire Erupts in Caracas as Trump Claims Authority Over Venezuela's Transition

Denmark Warns US Against Greenland Annexation as Arctic Tensions Mount

Grizzlies Signal Strategic Pivot by Opening Trade Talks for Star Ja Morant

Memphis, Friday, 9 January 2026.
For the first time, Memphis is entertaining offers for Ja Morant ahead of the February deadline, signaling a major roster reconstruction focused on acquiring draft capital and young assets.

Mark Cuban Increases Financial Commitment to Indiana Football Transfer Strategy

NASA Evaluates Rare Early Return for Space Station Crew Due to Medical Concern

Ravens Dismiss John Harbaugh as Seven Teams Immediately Pursue Veteran Coach

Commanders Dismiss Kingsbury and Whitt in Comprehensive Strategic Reset for 2026