Direct Loan Canada Blog

Marketing experts say brands that have advertised themselves with a nod to CTV National News host Lisa LaFlamme’s recent dismissal should beware of blowback.
Source: ctv business
In wake of LaFlamme’s exit, brands should be wary when jumping on hot topics: experts

Moderna sued Pfizer and its German partner BioNTech on Friday for patent infringement in the development of the first COVID-19 vaccine approved in the United States, alleging they copied technology that Moderna developed years before the pandemic.
Source: ctv business
Moderna sues Pfizer, BioNTech for patent infringement over COVID vaccine

Driven by moral outrage over Russia’s invasion of Ukraine earlier this year, U.S. governors and other top state officials made it clear: They wanted to cut their financial ties with Russia.
Source: ctv business
Russia divestment promises by U.S. states largely unfulfilled

After fuelling Canada’s economy through the COVID-19 pandemic, the real estate market is showing signs of weakness as home prices fall and bidding wars dissipate. It’s welcome news for prospective buyers hoping for a better price. But as the busy fall season nears, realtors and economists are at odds over how long the pricing slide will last and how low it will go.
Source: ctv business
Here’s what to expect from Canada’s real estate market as it cools this fall

Stocks are tumbling in disappointment Friday after the head of the U.S. Federal Reserve dashed Wall Street’s hopes that it may soon let off the brakes for the economy.
Source: ctv business
Stocks tumble after U.S. Fed dashes hopes for easing up on rates

New York state began accepting applications Thursday to open its first legal recreational pot shops, taking a novel approach by reserving the initial roughly 150 retail dispensary licenses for people with past pot convictions or their relatives.
Source: ctv business
New York starts taking applications to sell recreational pot

A batch of fake erectile dysfunction pills have been seized from a Scarborough, Ont. convenience store and officials are warning anyone who may have purchased the counterfeit products to toss them.
Source: ctv business
Health Canada seizes fake Viagra, Cialis from Ontario convenience store

The U.S. economy shrank at a 0.6 per cent annual rate from April through June, the government said Thursday in a slight upgrade from its initial estimate. It marked a second straight quarter of economic contraction, which meets one informal sign of a recession.
Source: ctv business
U.S. government revision shows economy shrank 0.6 per cent last quarter

Rogers Communications Inc. will now spend $261 million to physically split its wireless and wireline networks following the July 8 outage and says it is not in a position to quantify the direct economic losses caused by the disruption.
Source: ctv business
Rogers to spend 1M to split networks, but can’t quantify economic impact of outage

Tesla’s stock price was set to drop at the opening bell Thursday, but not because of anything Elon Musk tweeted about demand for electric vehicles, ‘full self-driving’ features, SpaceX updates, silly memes or his legal battle with Twitter.
Source: ctv business
Why Tesla’s stock is so much cheaper today