Direct Loan Canada Blog

Fast fashion retailers Shein and Forever 21 are going into business together.
Source: ctv business
Shein and Forever 21 team up in hopes of expanding reach of both fast-fashion retailers

Stocks are slipping on Wall Street Thursday, despite a blowout profit report from one of its most influential companies, after a couple mixed reports on the U.S. economy.
Source: ctv business
Stock market today: Wall Street slips ahead of a highly anticipated speech from the Federal Reserve

Uber raised the minimum age requirement for most of its new drivers in California to 25 on Thursday under rules the company said are necessary because of the rising costs of commercial auto insurance in the state.
Source: ctv business
Uber raises minimum age for most California drivers to 25, saying insurance costs are too high

The Trans Mountain oil pipeline expansion project has run into another construction-related hurdle that could delay its completion.
Source: ctv business
Trans Mountain pipeline project runs into fresh construction-related hurdle

The union representing Canadian National railway employees alleges CN has been monitoring the whereabouts of a train operator outside of work hours through a company-issued tablet.
Source: ctv business
‘It’s spying’: CN accused by union of secretly tracking employee’s location

Canadian millennials are more likely to face the brunt of a wavering labour market as most face mounting debt with an income that fails to keep up with inflation, according to a report from RBC Economics.
Source: ctv business
Debt among Canadians millennials at record levels, while earnings haven’t kept up: RBC Report

U.S. government officials on Wednesday started cracking down on the co-founders of the virtual currency mixer Tornado Cash, just days after a federal judge decided that the government had the authority to sanction them.
Source: ctv business
Founders of crypto mixer arrested, sanctioned after U.S. cracks down on Tornado Cash

A Peloton recall involving the adjustable seat on more than two million bikes is becoming a bigger headache than expected.
Source: ctv business
Peloton stock plunges after 20,000 members canceled subscriptions while waiting for recall

Statistics Canada says retail sales rose 0.1 per cent to $65.9 billion in June, lifted by sales at new car dealers.
Source: ctv business
Statistics Canada reports retail sales up 0.1% in June at .9 billion

As wildfires rage in western Canada, a communications and broadcasting policy expert says the national weather alerting system should account for a wider range of extreme events.
Source: ctv business
Broaden scope of Canada’s weather alert system to account for wildfires, expert urges