Direct Loan Canada Blog

FTX founder Sam Bankman-Fried pleaded not guilty in Manhattan federal court Tuesday to charges that he cheated investors and looted customer deposits on his cryptocurrency trading platform as a judge set a tentative trial date for October.
Source: ctv business
FTX founder Sam Bankman-Fried pleads not guilty to fraud

Canadian investors who made it through a tumultuous 2022 face further uncertainty in the year ahead amid increased recession risk.
Investment professionals and personal finance experts say the easiest way to grow your money this year is to keep things simple.
Source: ctv business
How to help your money grow in 2023 against a backdrop of economic uncertainty

Canada’s 100 highest-paid CEOs made an average of $14.3 million in 2021, smashing the previous record of $11.8 million set in 2018, according to the Canadian Centre for Policy Alternatives (CCPA).
Source: ctv business
Canada’s 100 highest-paid CEOs made an average of .3M in 2021: report

Customers may notice takeout containers, straws and other items being swapped for greener alternatives in the new year as Canada’s food service industry adjusts to the phase-in of a federal law that aims to eventually remove many single-use plastics from the market altogether.
Source: ctv business
Restaurants debut new takeout ware amid phase-in of single-use plastics ban

Shares began the year mixed, with European benchmarks opening higher on Monday after a lackluster session for the few Asian markets not closed for new year holidays.
Source: ctv business
World markets mixed after S&P 500 ends worst year since 2008

The first of two increases that will boost Prince Edward Island’s minimum wage to $15 by the end of the year comes into effect on Sunday.
Source: ctv business
Minimum wage on Prince Edward Island set to increase to .50 Sunday

At the stroke of midnight on Saturday, Croatia switched to the shared European currency, the euro, and removed dozens of border checkpoints to join the world’s largest passport-free travel area.
Source: ctv business
Croatia rings in New Year as fully integrated EU member, joining Eurozone, Schengen Area

Deutsche Bank and JPMorgan Chase are asking a federal court to throw out lawsuits that claim the big banks should have seen evidence of sex trafficking by Jeffrey Epstein, the high-flying financier who killed himself in jail while facing criminal charges.
Source: ctv business
Banks seek to quash women’s lawsuits in Jeffrey Epstein case

Canada’s Industry Minister says he will render his decision on Rogers Communications Inc.’s proposed $26-billion purchase of Shaw Communications Inc. only after there is clarity in the ongoing legal battle.
Source: ctv business
Champagne’s Rogers-Shaw decision to come ‘only after’ there’s clarity in legal battle

A Washington man allegedly transferred thousands of dollars from his employer into a personal account after being inspired by the 1999 cult movie ‘Office Space,’ according to an arrest report by the Seattle Police Department.
Source: ctv business
Inspired by ‘Office Space’ film, Washington software engineer steals over US0K from employer, prosecutors say