Direct Loan Canada Blog

Canada Goose Holdings Inc. says its most recent quarter delivered an $85 million net loss as it opened a handful of new international stores.
Source: ctv business
Canada Goose sees M net loss in Q1 as it opens more international stores

Adidas brought in 400 million euros (US $437 million) from the first release of Yeezy sneakers left over after breaking ties with Ye, the rapper formerly known as Kanye West, as the German sportswear maker tries to offload the unsold shoes and donate part of the proceeds to groups fighting antisemitism and other forms of hate.
Source: ctv business
Adidas brings in US7 million from selling Yeezy shoes that will benefit anti-hate groups

Stocks are slipping Thursday as Wall Street’s red-hot rally for the year cools a bit more.
Source: ctv business
Stock market today: Wall Street slips as its big rally cools some more

DesRosiers Automotive Consultants Inc. says auto sales growth continued in July but at a slower pace than recent months.
Source: ctv business
Auto sales up 8 per cent in July for ninth month of growth: DesRosiers

A recorded rise in retail theft is prompting companies to take measures to stop stealing particularly at self-checkouts. Here’s how it could impact customer experiences.
Source: ctv business
Stores risk losing younger shoppers with anti-theft measures targeting self-checkouts: retail expert

In advance of the opening, Amazon said it will start hiring in September with a goal of hiring more than 1,000 regular full-time employees.
Source: ctv business
Amazon announces opening date for southern Ontario fulfilment centre

Stocks are falling, as Wall Street loses some more momentum following its torrid run so far this year. The S&P 500 was 0.7 per cent lower Wednesday, on track for a second straight losing day after hitting a 16-month high.
Source: ctv business
S&P/TSX composite down more than 300 points in morning trading, U.S. stocks also fall

Ahmed Salah grew anxious when he heard the news that Russia had suspended a crucial wartime grain deal. The bakery owner in Egypt’s capital is concerned it could mean global food prices soar.
Source: ctv business
Mideast countries that are already struggling fear price hikes after Russia exits grain deal

Meta says it is officially moving to end news access for Canadians on its Facebook and Instagram platforms.
Source: ctv business
All news in Canada will be removed from Facebook, Instagram within weeks: Meta

A third round of candidates has been invited to apply for Canada’s Express Entry immigration program to help with a shortage of skilled trades workers.
Source: ctv business
Canada opens Express Entry immigration program to trades workers