Direct Loan Canada Blog

Wall Street headed higher before the opening bell Friday as earnings season winds down in a week weighed down yet again by anxiety over the Federal Reserve’s next potential interest rate increase.
Source: ctv business
U.S. futures head higher in a largely positive week for retail

Another employee exodus appears to be underway at Twitter as many workers rejected Elon Musk’s terms for staying with the company, choosing instead to depart, according to multiple current and former employees.
Source: ctv business
Twitter employees head for the exits after Elon Musk’s ‘extremely hardcore’ work ultimatum

Electric-vehicle sales in Canada grew by more than one third in the first half of this year but they are not keeping pace with the rest of the world.
Source: ctv business
Canada electric-vehicle sales falling behind rest of the world

Frustrated by no-shows, restaurants in Quebeec are calling on the provincial government to give them the power to charge people for not honouring their dinner reservations.
Source: ctv business
Quebec restaurants asking province to let them charge people for no-shows

Ticketmaster faced questions on Thursday from a Democratic U.S. senator over its sales practices, two days after Taylor Swift fans complained about website outages and long waits to buy tickets to her upcoming U.S. tour.
Source: ctv business
U.S. senator questions Ticketmaster after complaints about Taylor Swift sales

World leaders of the G20 concluded a summit in Indonesia at a time when nearly all member nations are battling high inflation. While Canada’s has flattened, a CTVNews.ca analysis looks at how we compare with other nations, some of which continue to experience skyrocketing inflation.
Source: ctv business
How Canada’s inflation compares with other G20 nations

American game developer Blizzard Entertainment said Thursday it will suspend most of its game services in mainland China after current licensing agreements with Chinese game company NetEase end, sending NetEase’s shares tumbling.
Source: ctv business
Blizzard, NetEase gaming partnership in China to end

Starbucks workers at more than 100 U.S. stores are on strike Thursday in their largest labor action since a campaign to unionize the company’s stores began late last year.
Source: ctv business
Starbucks workers strike at more than 100 U.S. stores

The new CEO of the collapsed cryptocurrency trading firm FTX, who oversaw Enron’s bankruptcy, said he has never seen such a ‘complete failure’ of corporate control.
Source: ctv business
Exec who cleaned up Enron calls FTX collapse ‘unprecedented’

Canada’s main stock index was down nearly 200 points, as losses in the energy and base metal sectors helped lead a broad-based decline, while U.S. stock markets also fell in late-morning trading.
Source: ctv business
S&P/TSX composite down nearly 200 points, U.S. stock markets also down