Direct Loan Canada Blog

Starbucks Corp suspended its forecast through the next fiscal year as new CEO Brian Niccol looks to turn around the coffee giant struggling with falling demand for its pricey drinks.
Source: ctv business
Starbucks suspends annual forecast as new CEO prepares turnaround plan

Things could be looking up for Waterloo, Ont.-based company and former tech darling Sandvine, after being removed from the U.S. Department of Commerce Entity List earlier this week.
Source: ctv business
Removed from U.S. blacklist: Waterloo, Ont. tech company promises major changes, watchdogs remain hesitant

The Ottawa Convention Centre, known in recent years as the Shaw Centre, is now named Rogers Centre Ottawa. It is not to be confused with the Rogers Centre, which is the name of the baseball stadium in Toronto originally known as the SkyDome.
Source: ctv business
Ottawa’s Shaw Centre renamed Rogers Centre Ottawa, not to be confused with Rogers Centre

A new report based on a large survey of federal public servants suggests remote work is associated with lower emissions — a finding that comes as workers decry a policy that requires them to be in the office more often.
Source: ctv business
As federal workers fight office mandate, study finds remote work has climate benefits

Air Transat says it is laying off as many as 400 flight attendants, but plans to bring them back to work at some point.
Source: ctv business
Air Transat laying off hundreds of flight attendants, says cuts are temporary

The Manitoba government is looking to add more liquor outlets inside food and grocery stores.
Source: ctv business
Manitoba government looks at more public liquor sales in grocery stores

Although paper bags have not yet returned to LCBO stores, the province is now ordering the Crown corporation to switch suppliers to a company within Ontario.
Source: ctv business
Province orders LCBO to use paper bags made in Ontario

Boeing reported a loss of more than US$6 billion in the third quarter and immediately turned its attention to union workers who will vote Wednesday whether to accept a company contract offer or continue their crippling strike, which has dragged on for nearly six weeks.
Source: ctv business
Boeing reports US billion quarterly loss ahead of vote by union workers who have crippled production

The Bank of Montreal says it has restored access to its website after an outage Wednesday.
Source: ctv business
Bank of Montreal says website outage resolved

The U.S. government fined American Airlines $50 million for failing to provide wheelchair assistance to passengers with disabilities and damaging thousands of wheelchairs over a five-year period.
Source: ctv business
Airline fined USM over mishandling of disabled passengers and wheelchairs