Direct Loan Canada Blog

Google agreed to pay US$350 million to settle a lawsuit by shareholders related to a security bug at its now-defunct Google+ social media website.
Source: ctv business
Google to pay US0 million to settle shareholders’ data privacy lawsuit

Business funding for climate action needs to ‘rise exponentially’ for Canada to be on track for net zero emissions by 2050, said a report out Tuesday from RBC.
Source: ctv business
Business funding on climate action needs to ‘rise exponentially’: RBC report

Shares of Snapchat parent Snap plunged on Tuesday after the company reported a loss in the final three months of 2023. Snap reported a net loss of $248 million for the December quarter, an improvement from the same period in the prior year and a narrower loss than Wall Street analysts had expected. Still, shares fell around 30 per cent in after-hours trading Tuesday.
Source: ctv business
Snap shares plunge 30% in the wake of quarterly loss, layoffs

The new chief of the U.S. Federal Aviation Administration said Tuesday that his agency is midway through a review of manufacturing at Boeing, but he already knows that changes must be made in how the government oversees the aircraft manufacturer.
Source: ctv business
The top U.S. aviation regulator says oversight of Boeing ‘is not delivering safe aircraft’

The dispute fermenting between B.C. wineries and Alberta liquor stores has caught the attention of B.C.’s government.
Source: ctv business
B.C. government stepping in on wine dispute with Alberta

Meta says it’s working to identify and label AI-generated images shared on its platforms that were created by third-party tools, as the company prepares for the 2024 election season.
Source: ctv business
Meta to add ‘AI generated’ label to images created with OpenAI, Midjourney and other tools

Several publicly listed companies are now targeting the next big blockbuster opportunity: the weight-loss drug market.
Source: ctv business
Drugmakers deepen efforts to tap into booming market for obesity drugs

A U.S. National Labour Relations Board regional official ruled on Monday that Dartmouth basketball players are employees of the school, clearing the way for an election that would create the first-ever labour union for NCAA athletes.
Source: ctv business
U.S. labour official says Dartmouth basketball players are school employees, sets stage for union vote

Lawmakers took Air Canada’s CEO to task on Monday over ‘shocking’ failures to accommodate passengers living with disabilities.
Source: ctv business
‘Shocking’: Air Canada CEO blasted over accessibility services at House committee

Toronto and Vancouver are set to get a tourism boost from the World Cup, but one expert says to be wary of rosy projections.
Source: ctv business
World Cup to boost Toronto, Vancouver tourism, but how much is unclear