Direct Loan Canada Blog

FTX founder Sam Bankman-Fried is harassing a key witness against him at his upcoming trial by giving a newspaper personal things she wrote while she was the chief executive of his cryptocurrency hedge fund trading firm, prosecutors say.
Source: ctv business
Prosecutors say FTX founder Sam Bankman-Fried is harassing a key witness at his upcoming trial

Statistics Canada says retail sales rose 0.2 per cent to $66.0 billion in May, helped by gains at new car dealers and grocery stores.
Source: ctv business
Statistics Canada says retail sales up 0.2 per cent to billion in May

Leadership for the union representing striking B.C. dockworkers is set to have an emergency meeting Friday to decide if they will send a proposed deal to members for a vote – which could end the uncertainty at the ports.
Source: ctv business
End in sight for B.C. port strike? New tentative deal reached, union says

The performance of Canada’s major luxury real estate markets diverged in the first half of 2023, as some cities experienced a surge in momentum while activity waned in others, according to a new report from Sotheby’s International Realty Canada.
Source: ctv business
Luxury real estate markets in Canada saw divergent performance in the first half of 2023: report

Amazon will let customers at all of its Whole Foods stores pay with a simple wave of their hand.
Source: ctv business
Wave your hands: Amazon will let you pay with a wave at all Whole Foods stores

Shares of Netflix tumbled nine per cent on Thursday after the video-streaming pioneer’s lacklustre revenue rise sparked concerns of a longer road to growth from its new initiatives.
Source: ctv business
Netflix falls as benefits from password-sharing crackdown to take time

Tukiye’s central bank raised its key interest rate Thursday, another sign of commitment to a traditional path of battling inflation but still falling below expectations after critics blamed President Recep Tayyip Erdogan’s economic policies for inflaming a cost-of-living crisis.
Source: ctv business
Turkiye hikes interest rates in another sign of economic normalcy. But markets expected more

As the average price of a home in Canada rises year-over-year, a new study is highlighting the growing gap between the cost of condominiums and houses in major Canadian cities. CTVNews.ca has compiled a list of houses and condos that are currently on the market, while comparing average prices between both property types.
Source: ctv business
New study highlights the gap between condo and house prices in major Canadian cities

Launching Thursday is a brightly coloured canned vodka and soda beverage that proudly displays who it’s for, instead of backing off from support for the LGBTQ2S+ community as other companies have done in recent months.
Source: ctv business
Gay Water, a new canned cocktail, wants to be the anti-Bud Light

Losses in technology stocks helped lead Canada’s main stock index lower in late-morning trading, while U.S. stock markets were mixed.
Source: ctv business
S&P/TSX composite down as tech stocks fall, U.S. stocks mixed