Direct Loan Canada Blog

Google fired at least 20 more workers in the aftermath of protests over technology the company is supplying the Israeli government amid the Gaza war, bringing the total number of terminated staff to more than 50, a group representing the workers said.
Source: ctv business
Google fires more workers who protested its deal with Israel

Tourism has come roaring back from pandemic lows, but operators say the sector has yet to reach pre-COVID levels and debt remains a hefty burden for thousands of small businesses across the country.
Source: ctv business
‘Trying not to die’: Tourism operators face heavy debt, even as business roars back

Faced with falling global sales and a diving stock price, Tesla has slashed prices again on some of its electric vehicles and its ‘Full Self Driving’ system in an apparent effort to boost the company’s earnings growth.
Source: ctv business
Wall Street is looking to Tesla’s earnings for clues to Musk’s plan to restore company’s wild growth

Federal Labour Minister Seamus O’Regan says he has appointed an Industrial Inquiry Commission to dig deeper into the underlying causes of B.C.’s port strike last summer.
Source: ctv business
Labour minister announces inquiry into 2023 B.C. port strike

The U.S. Federal Trade Commission on Monday sued to block Coach parent Tapestry’s US$8.5 billion deal to buy Michael Kors owner Capri, saying it would eliminate ‘direct head-to-head competition’ between the flagship brands of the two luxury handbag makers.
Source: ctv business
U.S. sues to block merger of Coach and Michael Kors handbag makers

The gap between the highest earners and lowest income groups last year was at its widest since 2015 as the wealthiest households saw income grow much faster than lower-income Canadians.
Source: ctv business
Inequality worsening as wealth gap widens to highest since 2015: TD Bank report

Gay dating app Grindr is facing a mass data protection lawsuit in London from hundreds of users who allegedly had their private information, including HIV status, shared with third parties without consent, a law firm said on Monday.
Source: ctv business
Grindr facing lawsuit for allegedly sharing users’ HIV status

Honda Canada is set to build an electric vehicle battery plant near its auto manufacturing facility in Alliston, Ont., where it also plans to produce fully electric vehicles.
Source: ctv business
Honda to build electric vehicles and battery plant in Ontario, sources say

Economy-class trips are defined by shrinking legroom, narrower cushion space, diminishing rewards for frequent fliers and, especially, the myriad fees that can pile up like thunderclouds as airlines increasingly offer top-up options on their tickets.
Source: ctv business
‘Junk fees’ or flexible flying? Passenger charges fuel profits — and travellers’ ire

Tim Hortons insists a potential class action lawsuit involving customers who were sent an email by mistake during the company’s Roll up to Win contest has “no merit.”
Source: ctv business
Tim Hortons refutes potential lawsuit for Roll Up To Win prize snafu