Direct Loan Canada Blog

Authorities in Denmark said Sunday that the Nord Stream 1 natural gas pipelines have also stopped leaking, a day after officials said that the ruptured Nord Stream 2 pipelines also appeared to stop leaking.
Source: ctv business
Denmark says Nord Stream 1 pipelines stop leaking

Hormel, the conglomerate behind Skippy and Jennie-O turkey, says it can’t make Spam fast enough and is increasing production capacity to meet a record amount of demand for the 85-year-old canned block of meat.
Source: ctv business
How Spam became cool again: Foodies, fine-dining chefs embrace once-maligned canned meat

Despite global conflict lurking on the horizon and energy prices putting the squeeze on millions, superyachts are selling more than ever. CTVNews.ca looks at why new superyacht owners are taking the plunge.
Source: ctv business
Amid global turmoil, superyachts are selling more than ever. Here’s why

TikTok is due to enter a partnership with Los Angeles-based TalkShopLive to launch its live shopping platform in North America by outsourcing its operation, the Financial Times reported on Saturday citing two people familiar with the operations.
Source: ctv business
TikTok to partner with TalkShopLive for U.S. live shopping platform

An early prototype of Tesla Inc.’s proposed Optimus humanoid robot slowly and awkwardly walked onto a stage, turned, and waved to a cheering crowd at the company’s artificial intelligence event Friday, but wasn’t able to complete any complex tasks.
Source: ctv business
Tesla robot walks, waves, but doesn’t show off complex tasks

Lax merger laws in Canada underestimate the harm to competition caused by mergers and overestimate their benefits, a new report says.
Source: ctv business
Canada ‘behind the ball’ with weak merger laws, says author of biting report

Offices in Canada still haven’t returned to their pre-pandemic occupancy rates, and now a growing number of underused buildings are being converted into apartments and condominiums. CTVNews.ca takes a look at this trend.
Source: ctv business
How Canada’s empty offices could get a second chance

Peloton Interactive Inc has reached a settlement of a lawsuit in which Lululemon Athletica Inc accused the exercise bike maker of infringing its patents by developing a line of apparel for women.
Source: ctv business
Peloton, Lululemon settle lawsuit over women’s apparel line

You’ll no longer be able to store your precious coins, jewelry and paperwork at JPMorgan Chase & Co., as the bank has stopped opening new safety deposit boxes for customers.
Source: ctv business
Safety deposit boxes headed toward extinction at Chase

New business openings in the second quarter of 2022 were down almost 50 per cent compared with a year ago as economic pressures rise, says credit reporting agency Equifax Inc.
Source: ctv business
Business openings drop by 50 per cent as possible recession looms