Direct Loan Canada Blog

A class-action lawsuit alleges Shopify Inc. reneged on a deal it offered some employees who were laid off in a recent round of cuts.
Source: ctv business
Shopify faces class action over severance offered to recently laid off staff

Nvidia Corp on Tuesday became the first chipmaker to join the trillion-dollar club, as the company bets on a surge in demand for its AI chips that power chatbot sensation ChatGPT and many other applications.
Source: ctv business
Nvidia hits US trillion in market value on booming AI demand

Canada’s main stock index was down nearly 200 points as the price of oil fell and losses in the energy and base metal stocks helped lead the way lower.
Source: ctv business
Stock market today: S&P/TSX composite down nearly 200 points as price of oil falls

Artificial intelligence means everyone can now be a computer programmer as all they need to do is speak to the computer, Nvidia CEO Jensen Huang said on Monday, hailing the end of the ‘digital divide.’
Source: ctv business
AI means everyone can now be a programmer, Nvidia chief says

Turkiye’s lira hit fresh record lows against the dollar on Monday, though stocks rallied, after President Tayyip Erdogan secured victory in Sunday’s presidential election, extending his increasingly authoritarian rule into a third decade.
Source: ctv business
Turkish lira hits record low, stocks gain after Erdogan secures re-election

After weeks of negotiations, U.S. President Joe Biden and House Speaker Kevin McCarthy struck an agreement to raise the debt ceiling and avert a potentially devastating government default. Here’s a look at key takeaways from the deal, and from the negotiations that led up to it.
Source: ctv business
Takeaways on debt ceiling: McCarthy’s balancing act, Biden’s choice and the challenges ahead

The reviews are starting to come in as details emerge about the debt ceiling agreement reached by President Joe Biden and House Speaker Kevin McCarthy.
Source: ctv business
U.S. debt ceiling agreement gets thumbs up from business groups, jeers from some on political right

The discussions, which some companies call ‘stay interviews,’ are designed to collect feedback from employees and are aimed at learning what the company can do to retain valued team members and keep them happy.
Source: ctv business
Canadian companies adopt ‘stay interviews’ as workers rethink careers, needs

Canada’s main stock index was up in late-morning trading as gains the heavyweight energy and financial sectors helped lift the Toronto market higher.
Source: ctv business
Stock market today: Energy and financial stocks help boost S&P/TSX composite higher

Israel’s competition watchdog sought more data on Sunday from the country’s banks relating to an investigation, saying they were enjoying huge profits from higher interest rates on loans but weren’t adequately sharing the benefits with customers.
Source: ctv business
Israel watchdog seeks data from banks in interest rate probe