Direct Loan Canada Blog

A big rally for Microsoft and other Big Tech stocks is helping to prop up Wall Street Wednesday, a day after stocks tumbled to their worst drop in a month.
Source: ctv business
Stock market today: Big Tech rally props up Wall Street

Canadian airports and airlines logged a large number of flight delays last month, raising questions about their readiness for the summer travel rush.
Source: ctv business
Weak on-time record of Canadian airports, airlines raises questions for summer travel

Talks between the union that represents WestJet pilots and the company have so far failed to reach an agreement, which means the organization is one step closer toward a possible strike.
Source: ctv business
WestJet pilots still without agreement, head into 21-day ‘cooling off’ period

One of the co-founders of Ben & Jerry’s has gone from ice cream to cannabis with a social mission.
Source: ctv business
Ben & Jerry’s co-founder starts nonprofit cannabis company

Star host Tucker Carlson’s abrupt exit from Fox News is likely to hit short-term ratings but could nudge more mainstream advertisers to consider a network they have snubbed for being too partisan, investors and analysts said.
Source: ctv business
Tucker Carlson’s exit from Fox News may be ratings bane, advertising boon

Hoping to maintain a unified stance on Russia’s war in Ukraine, the European Union on Tuesday looked for a way to satisfy the concerns of member nations facing a destabilizing glut of Ukrainian farm exports.
Source: ctv business
EU nations seek to end Ukraine farm import standoff

Swiss banking giant UBS said Tuesday it took in US$28 billion of net new money for its wealth management business in the first quarter, with $7 billion of that coming in the days after the announcement of its government-backed takeover of ailing rival Credit Suisse.
Source: ctv business
UBS reaps USB in new assets in 1Q; Credit Suisse deal looms

In a sign fears about the global financial system have eased for now, major central banks are scaling back their offer of emergency dollar loans to banks, a crisis step launched after the collapse of Silicon Valley Bank in the U.S. fed fears about wider troubles.
Source: ctv business
Central banks end crisis offer as bank system fears ease

The owner of an iron ore mine on the tip of Baffin Island says it needs to again increase production to prevent job losses, and several federal cabinet ministers are calling on a Nunavut environmental assessment agency to prioritize the request.
Source: ctv business
Baffinland requests further production increase at Nunavut iron ore mine

Canada’s main stock index was down more than 100 points in late-morning trading, as losses in the base metal, energy and industrial sectors helped lead the way lower, while U.S. stock markets also dropped.
Source: ctv business
S&P/TSX composite down more than 100 points, U.S. stock markets also tumble lower