Direct Loan Canada Blog

Germany’s central bank anticipates that the country’s economy, Europe’s biggest, will be more or less stagnant again in the current quarter — adding to a string of weak performances.
Source: ctv business
German central bank sees the economy stagnating again in the 3rd quarter

A judge has ordered Starbucks to pay an additional US$2.7 million in lost wages and tax damages to a former regional manager who was earlier awarded more than $25 million after alleging she and other white employees were unfairly punished following the high-profile arrests of two Black men at a store in 2018.
Source: ctv business
Starbucks told to pay US.7 million in lost wages to manager fired after arrest of 2 Black men

The central Okanagan is facing weeks without tourism during its peak season after British Columbia’s premier imposed bans on travel to wildfire zones.
Source: ctv business
Travel ban in parts of B.C. disrupting tourism as raging wildfires burn

Across the developing world, many countries are fed up with America’s dominance of the global financial system, especially the power of the dollar.
Source: ctv business
Emerging economies are pushing to end the dollar’s dominance. But what’s the alternative?

General Motors’ Cruise autonomous vehicle unit has agreed to cut its fleet of San Francisco robotaxis in half as authorities investigate two recent crashes in the city.
Source: ctv business
GM’s Cruise autonomous vehicle unit agrees to cut fleet in half after 2 crashes in San Francisco

San Francisco has launched an autonomous shuttle service — less than a week after California regulators approved the expansion of robotaxis despite traffic and safety concerns.
Source: ctv business
San Francisco launches driverless bus service following robotaxi expansion

American Airlines is suing a travel website that sells tickets that let people save money by exploiting a quirk in airline pricing.
Source: ctv business
American Airlines sues a travel site to crack down on consumers who use this trick to save money

Former Rogers CEO Joe Natale is suing the company for wrongful dismissal and breach of contract, while alleging Rogers chairman Edward Rogers carried out ‘malicious, high-handed, and oppressive conduct.’
Source: ctv business
Ex-Rogers CEO Joe Natale suing company for wrongful dismissal, seeking million

A shortage of diabetes drug Ozempic that is used off-label for weight loss is expected in Canada, the manufacturer says.
Source: ctv business
Ozempic shortage expected in Canada: manufacturer

Home prices in Canada continued to rise in July, according to the Teranet-National Bank composite index.
Source: ctv business
Real estate report: Second highest home price increase ever recorded in a single month