Direct Loan Canada Blog

Walmart is joining the AI, drone and tech race. But delivering on the promise of a high-tech shopping future — where its rivals have failed — won’t be easy. The big box retailer held a keynote at the Consumer Electronics Show in Las Vegas for the first time, featuring CEO Doug McMillon, a plethora of executives, and even Microsoft CEO Satya Nadella.
Source: ctv business
Walmart is promising a Jetsons-like future at CES. Delivering that will be tricky

The Department of Justice has ordered a recall of 600,000 Ram trucks as part of a settlement that directs engine maker Cummins Inc. to remedy environmental damage it caused when it illegally installed emissions control software in several hundred thousand vehicles, skirting emissions testing.
Source: ctv business
Engine maker Cummins to repair, replace 600,000 Ram trucks in US billion emissions cheating scandal

Video game streaming company Twitch said Wednesday it is laying off 500 workers as part of ongoing cost-cutting efforts.
Source: ctv business
Game streaming firm Twitch cutting 500 jobs

Ikea has recalled one of its charger products due to thermal burn and electric shock hazards caused by wear and tear. In a news release Wednesday, the Swedish multinational conglomerate said it’s urging all customers who own the charger to stop using the product and to contact Ikea for a full refund.
Source: ctv business
10,000 portable chargers recalled in Canada due to burn risk, electric shock hazards

‘It was a hell of a round, Tiger.’ And just like that, one of the most prolific commercial partnerships in the history of sport was over. After 27 years, 15 major championships, 82 PGA Tour wins and hundreds of millions of dollars in endorsement contracts, Tiger Woods and Nike announced the end of their collaboration on Monday.
Source: ctv business
Tiger Woods and Nike’s ‘seismic’ partnership is over. Where do they go from here?

German commuters faced chaos on Wednesday as the country was hit with a three-day national rail strike, adding to travel disruption in Europe’s biggest economy where protesting farmers continued to block roads and highways.
Source: ctv business
German rail strikes and farmers’ protests cause disruption in Europe’s biggest economy

When Canadian companies turn to hiring this year, candidates will need to show skill in a key area: artificial intelligence.
Source: ctv business
AI skills in demand as companies develop 2024 hiring plans for Canada

Greece’s centre-right government announced price controls on baby formula Wednesday, accusing multinational suppliers of imposing unjustifiably high prices on the country’s consumers.
Source: ctv business
Greece accuses multinationals of ‘greedflation,’ expands price controls to baby formula

Amazon.com said on Wednesday it will lay off several hundred employees in its Prime Video and Amazon MGM Studios.
Source: ctv business
Amazon to lay off employees in Prime Video, Studios divisions

It’s a new year, which means that the 2023 tax year is officially over and Canadians can begin filing their tax returns. In his financial advice column for CTVNews.ca, Christopher Liew shares some of the most important tax breaks you should look into this tax season and review some of the key changes to Canada’s tax code for 2024.
Source: ctv business
Tax breaks you should know about for 2024