Direct Loan Canada Blog

Canada Post workers are back on the job after a gruelling four-week strike that halted deliveries across the country, but it could take time before operations are back to normal.
Source: ctv business
The Canada Post strike is over, but it will take time to get back to normal, says spokesperson

BlackBerry Ltd. has signed a deal to sell its Cylance security business to Arctic Wolf.
Source: ctv business
BlackBerry selling Cylance AI cybersecurity business to Artic Wolf

At least two internal Amazon studies found a link between how quickly the online retailer’s warehouse workers perform tasks and workplace injuries, but the company rejected many safety recommendations out of concern the proposed changes might reduce productivity, according to a U.S. Senate committee report.
Source: ctv business
Senate report alleges Amazon rejected warehouse safety recommendations due to productivity concerns

The Canadian Real Estate Association says the number of homes sold in November rose 26 per cent compared with a year ago, marking the second straight month of large year-over-year gains.
Source: ctv business
National home sales continue surging, prices rise amid falling interest rates: CREA

U.S. president-elect Donald Trump joined SoftBank Group CEO Masayoshi Son to announce plans by the Japanese company to invest US$100 billion in U.S. projects over the next four years.
Source: ctv business
Japan’s Softbank plans to invest 0 billion in U.S. projects over the next four years

Shoppers laden with bags from Fendi, Loewe, Prada and other designer labels clog the narrow sidewalks of Milan’s swankiest shopping street, bringing joy to the purveyors of high-end luxury goods this, and every, holiday season.
Source: ctv business
Milan’s Via MonteNapoleone usurps New York’s Fifth Avenue as world’s most upscale shopping street

Operations at Canada Post will resume at 8 a.m. local time on Tuesday, Dec. 17, the company said, after the Canada Industrial Relations Board ordered a return to work.
Source: ctv business
Canada Post says workers to return Tuesday after labour board ruling

Canada Post says it and the union are taking part in hearings by the country’s labour board on whether the two sides have reached an impasse.
Source: ctv business
Canada Post, union make their case at labour board hearings

Inflation likely hovered at or a little above the Bank of Canada’s two per cent target rate in November, economists expect, after Taylor Swift’s Eras Tour swept through Toronto and offered a temporary economic boost.
Source: ctv business
Economists see November inflation staying at 2% or slightly rising

Isak Andic, the founder of Spanish fashion brand Mango, has died after suffering an accident, the company said on Saturday. He was 71.
Source: ctv business
Isak Andic, founder of Spanish fashion brand Mango, dies in accident, aged 71