Direct Loan Canada Blog

Norway’s sovereign wealth fund operated by Norges Bank Investment Management said Saturday it will vote against Elon Musk’s hefty CEO compensation package during Tesla’s annual meeting on Thursday.
Source: ctv business
Norwegian wealth fund to vote against Elon Musk’s Tesla pay package

A federal judge in New York has given the go-ahead to a Long Island woman’s class action lawsuit that claims consumers are being duped by Cold Stone Creamery when they purchase certain flavours that “do not contain their represented ingredients.”
Source: ctv business
A real nut case: Cold Stone Creamery faces suit over lack of real pistachios in pistachio ice cream

Canadian businessman Frank Stronach has been charged in connection with alleged sexual assaults that spanned over four decades, police west of Toronto announced on Friday.
Source: ctv business
Canadian businessman Frank Stronach charged in sexual assault investigation

The federal government is proposing a raft of changes to cannabis regulations ranging from packaging to reporting requirements in an effort to reduce the regulatory burden.
Source: ctv business
Feds propose raft of changes to cannabis rules to reduce regulatory burden

America’s employers added a strong 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high interest rates.
Source: ctv business
U.S. hiring and wage growth picked up last month in sign of sustained economic health

Google announced which organization it has selected to distribute the $100 million the tech giant has promised to Canadian news companies Friday.
Source: ctv business
Google signs deal with organization to distribute 0M to Canadian news companies

They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit away from dying off for good.
Source: ctv business
Zombies: Ranks of world’s most debt-hobbled companies are soaring, and not all will survive

Canada’s economy added more jobs than analysts expected in May, but the jobless rate also ticked up. An economist explained the mixed bag of findings and why it may indicate that the economy is starting to slow.
Source: ctv business
Wage growth may have risen, but not for everyone. An economist explains why

Canada’s economy added more jobs than analysts expected in May, but the jobless rate also ticked up. An economist explained the mixed bag of findings and why it may indicate that the economy is starting to slow.
Source: ctv business
‘We haven’t seen the end of this world of pain’: Economist on Canada jobs data

The home of Kevin McCallister’s hijinks is changing hands. And if the new owner wants to watch ‘Home Alone,’ there’s a movie theatre inside, one of many upgrades since the suburban Chicago property was renovated and expanded in 2018.
Source: ctv business
‘Home Alone’ house being sold. Swinging paint cans not included