Direct Loan Canada Blog

Tyson Foods’ Chief Financial Officer John R. Tyson __ a great-grandson of the company’s founder __ has been charged with public intoxication and criminal trespassing after allegedly entering a stranger’s home and falling asleep on her bed.
Source: ctv business
Tyson Foods heir and CFO charged with public intoxication, allegedly fell asleep in stranger’s bed

Flight cancellations continued today after WestJet’s system-wide outage on Sunday led to halted flights, long customer service wait times and other disruptions.
Source: ctv business
Expect more flight cancellations and disruptions after weekend outage, WestJet says

The United States is seeking the forfeiture of more than US$1 billion in Bitcoin stolen from the Silk Road online marketplace, federal prosecutors in Manhattan said on Monday.
Source: ctv business
Forfeiture of stolen Bitcoin would be second largest in U.S. Department of Justice history

Grocery stores across Canada owned by Nova Scotia-based Empire Co. Ltd., including the Sobeys chain, are experiencing computer problems that have made it difficult for some customers seeking prescriptions.
Source: ctv business
Empire Co. hit by IT problems affecting pharmacies at Sobeys and other grocery stores

The new mRNA vaccine factory being built near Montreal by Moderna will help ensure Canada’s health security in the face of more pandemics that are expected in the coming decades, Prime Minister Justin Trudeau said Monday.
Source: ctv business
Feds hold groundbreaking ceremony for Moderna’s mRNA vaccine factory in Montreal area

After Twitter Inc laid off roughly half its staff on Friday following Elon Musk’s US$44 billion acquisition, the company is now reaching out to dozens of employees who lost their jobs and asking them to return, Bloomberg News reported on Sunday.
Source: ctv business
Twitter asks some laid off workers to come back: Bloomberg News

The U.S. economy added 261,000 new jobs in October, but don’t let the jobs boom lull you into a false sense of employment security. Job cuts and pauses on hiring are beginning to flow across the tech sector.
Source: ctv business
What the wave of tech layoffs tell us about the economy

Ritchie Bros. Auctioneers Inc. says it has signed a deal to acquire U.S. company IAA Inc. in a transaction valued at about US$7.3 billion including the assumption of US$1.0 billion of net debt.
Source: ctv business
Ritchie Bros. Auctioneers buying IAA in deal worth US.3 billion, including debt

China’s trade shrank in October as global demand weakened and anti-virus controls weighed on domestic consumer spending.
Source: ctv business
China trade down on weak global demand, virus curbs

Canada’s competition watchdog says it still intends to block Rogers Communications Inc.’s $26-billion proposed takeover of Shaw Communications Inc. in the first day of a weeks-long hearing before the Competition Tribunal.
Source: ctv business
Competition watchdog holds firm on blocking Rogers-Shaw deal in first day of hearing