Direct Loan Canada Blog

Wayfair said on Friday it would lay off 1,650 employees, or about 13 per cent of its workforce, sending the company’s shares up as much as 15 per cent.
Source: ctv business
Online furniture retailer Wayfair to cut 1,650 jobs as shares jump

An Atlas Air Boeing 747-8 cargo plane with five crew members made an emergency landing at Miami International Airport late Thursday after facing an engine malfunction shortly after departure.
Source: ctv business
Atlas Air’s Boeing cargo plane makes emergency landing after engine malfunction

A group representing key Canadian businesses wants legislative changes that would allow Canada’s spy agency to share threat intelligence with companies to help them take timely protective measures.
Source: ctv business
Allow CSIS to share intelligence on security threats, business council asks Ottawa

The moderator was employed between 2018 and 2020 by CCC Barcelona Digital Services, part of Telus International, which is one of Facebook owner Meta’s outsourced providers.
Source: ctv business
Spanish court rules Facebook moderator suffered work-related trauma from reviewing graphic content

Lawmakers in the United States and the United Kingdom are cautioning the Securities and Exchange Commission against the listing of JBS, the world’s largest meatpacking company, over concerns about deforestation in the Amazon rainforest.
Source: ctv business
Bid by meatpacker JBS to join New York Stock Exchange faces opposition over Amazon deforestation

The percentage of Canadians working most of their hours from home has shrunk over time, dropping to roughly 20 per cent in November 2023, according to a new report from Statistics Canada.
Source: ctv business
Percentage of Canadians working mostly from home shrunk to 20 per cent: Latest StatCan update

An expert in Canadian competition says Loblaw’s move to reduce discounts on foods nearing their best-before date is a normal practice in the industry, not a sign of collusion.
Source: ctv business
Loblaw discount reduction not evidence of grocery collusion: competition expert

Israel’s president and the head of ChatGPT company OpenAI will make appearances at the World Economic Forum on Thursday, the third day of the annual gathering of elites at the Swiss resort of Davos that discusses everything from conflict to computers and climate.
Source: ctv business
Israel’s president and the OpenAI CEO will take part in Davos on Day 3 of the World Economic Forum

The deadline for Canadian businesses to repay pandemic loans and receive partial forgiveness has arrived, as business groups say it could mean closure for many firms.
Source: ctv business
Deadline to get partial CEBA forgiveness arrives as business groups warn of closures

Uniqlo Co. has sued rival retailer Shein over a small shoulder bag the Japanese retailer said was an inferior and unlawful copy of its hit product touted as the “Mary Poppins bag.”
Source: ctv business
Uniqlo sues Shein over alleged copy of its popular ‘Mary Poppins bag’