Direct Loan Canada Blog

It looks like Tesla’s Elon Musk isn’t the only high profile CEO getting rid of shares in the company they run. Microsoft chairman and CEO Satya Nadella has shed more than half of his stake in the software giant in the past week.
Source: ctv business
Microsoft CEO Satya Nadella sells more than US5 million in Microsoft stock

A new report says droves of Canadian workers have experienced burnout during the pandemic and it’s causing at least 20 per cent to seek new jobs.
Source: ctv business
Canadian workers facing burnout during the pandemic: Ceridian report

Scotiabank raised its quarterly dividend Tuesday as it reported a fourth-quarter profit that rose compared with a year ago and beat expectations.
Source: ctv business
Scotiabank reports fourth-quarter profit up from year ago, raises dividend

Newly named Twitter CEO Parag Agrawal has emerged from behind the scenes to take over one of Silicon Valley’s highest-profile and politically volatile jobs.
Source: ctv business
New Twitter CEO steps from behind the scenes to high profile

Consumer prices across the 19 countries that use the euro currency are rising at a record rate as a result of a huge spike in energy costs this year, official figures showed Tuesday.
Source: ctv business
Inflation in 19 nations using euro hits record high of 4.9 per cent

Prince Edward Island’s potato board is taking the province’s spuds from the fields to the virtual realm in a new marketing campaign.
Source: ctv business
P.E.I. potato board launches immersive virtual reality campaign

The economy bounced back sharply in the third quarter of the year after taking a walloping in the preceding three-month stretch, in a demonstration of what may be in store as COVID-19 concerns wane and Canadians start spending anew.
Source: ctv business
Economy, consumer spending bounces back in Q3 as new variant stirs concerns

Stocks fell further on Wall Street Tuesday as the Federal Reserve considers hastening its plan to ease support the economy even as investors worry about the impact of a new coronavirus variant.
Source: ctv business
Stock losses deepen after U.S. Fed hints at faster aid pullback

Trans Mountain said on Monday it was ‘still days away; from restarting the key oil pipeline at a reduced capacity as heavy rains continue to impede restoration efforts.
Source: ctv business
Trans Mountain still ‘days away’ from restarting pipeline

Canada’s big banks are expected to roll out significant dividend increases as they release earnings this week.
Source: ctv business
Wave of dividend increases and share buybacks expected as banks report this week