Direct Loan Canada Blog

Adidas said Friday that it will begin selling its more than $1 billion worth of leftover Yeezy sneakers later this month, with the proceeds to be donated to various anti-racism groups.
Source: ctv business
Adidas to start selling stockpile of Yeezy sneakers later this month

San Francisco officials are investigating Twitter after six former employees allege that owner Elon Musk’s leadership team broke laws by turning the company’s headquarters into a ‘Twitter Hotel’ for workers who were pushed to stay up late to transform the social media platform.
Source: ctv business
San Francisco officials are investigating if Elon Musk’s ‘Twitter Hotel’ plan broke laws

A top debt ceiling negotiator for House Speaker Kevin McCarthy said Friday it’s time to ‘press pause’ on talks as negotiations with the White House came to an abrupt standstill at the Capitol.
Source: ctv business
U.S. debt limit talks stall as Republicans ‘press pause,’ criticize White House

Canadian retail sales fell 1.4 per cent to $65.3 billion in March as sales at gas stations and new car dealers declined, Statistics Canada said Friday.
Source: ctv business
Statistics Canada reports retail sales down 1.4 per cent in March, but core sales up 0.3 per cent

Who says you cannot reach for the moon? A proposed US $5 billion real estate project wants to take skyscraper-studded Dubai to new heights — by bringing a symbol of the heavens down to Earth.
Source: ctv business
Dubai’s next big thing? Perhaps a US billion man-made ‘moon’ as the city’s real estate market booms

Walt Disney Co will shutter its immersive Star Wars-themed luxury hotel in Orlando this September, less than two years after it opened, as the media giant cuts costs throughout its entertainment and parks businesses.
Source: ctv business
Disney to close Star Wars hotel that opened in Florida last year

Experts say shifting factors including wildfires in Alberta, a slowing economy and potential pressures on supply will all have an effect on gas prices as the long weekend heralds the start of the summer.
Source: ctv business
Gas prices could rise for long weekend and into summer amid fires, economic worries

Wall Street turned lower after talks on raising the nation’s debt limit came to a sudden halt, raising worries that the country could edge closer to risking a highly damaging default on U.S. government debt.
Source: ctv business
Stock market today: Wall Street turns lower after talks on raising debt limit stall

It could take at least a couple of days for WestJet to get back to full operations, an aviation expert says, after the airline and its pilots union managed to reach a last-minute deal and avoid possible job action Friday.
Source: ctv business
With strike avoided, WestJet may need another 48 hours to get back to ‘stable state’: aviation expert

A recent report published by the Boston Consulting Group has found that five million young professionals in Canada are in need of mental health support.
Source: ctv business
Many young Canadian professionals are at a mental health ‘breaking point,’ new study finds