Direct Loan Canada Blog

A 2018 Twitter post by Tesla CEO Elon Musk unlawfully threatened Tesla employees with the loss of stock options if they decided to be represented by a union, a federal appeals court ruled Friday.
Source: ctv business
U.S. court: 2018 Musk tweet unlawfully threatened UAW efforts

Luxury detergent brand The Laundress has announced another recall of its products after discovering a known carcinogen in its line of fabric conditioners.
Source: ctv business
The Laundress issues new recall after carcinogen found in fabric conditioners

The union representing WestJet pilots will launch a strike authorization vote Monday as contract talks with management drag on, the Air Line Pilots Association said Friday.
Source: ctv business
WestJet pilots to launch strike authorization vote as negotiations fizzle

Artificial intelligence is changing many industries, with one Canadian model saying it could eventually take away her source of income.
Source: ctv business
AI in modelling: Here’s how the industry is changing

Canadian Industry Minister François-Philippe Champagne has approved Rogers Communications Inc.’s $26-billion takeover of rival telecom Shaw Communications Inc., but there are conditions attached and penalties of up to $1 billion if the companies violate them.
Source: ctv business
These are the conditions — and penalties if violated — of the Rogers-Shaw deal

Economic growth resumed in January and came in better than first expected following a small contraction in December, Statistics Canada said Friday.
Source: ctv business
Economy grew 0.5 per cent in January, Statistics Canada reports

A Liberal government bill that would require online streaming services to contribute to Canadian content is one step closer to passing after the House of Commons approved most of the Senate’s amendments to the proposed legislation.
Source: ctv business
Online-streaming bill closer to passing after House OKs most Senate amendments

Ontario is expanding deposit insurance to credit unions for homebuyers.
Source: ctv business
Ontario to expand deposit insurance coverage to credit unions for homebuyers

Developing economies in Asia have mostly regained ground lost during the pandemic but are seeing their recoveries stall as productivity lags, the World Bank said in a report released Friday.
Source: ctv business
World Bank says recoveries in Asian economies losing steam

Canada’s main stock index was up nearly 200 points in late-morning trading as strength in the technology sector helped lead stocks higher, while U.S. stock markets also gained ground.
Source: ctv business
Tech sector helps lead S&P/TSX composite higher, U.S. stock markets also rise