Direct Loan Canada Blog

The U.S. average price for a gallon of gasoline has hit $5 for the first time ever. Auto club AAA said the average price on Saturday was a fraction of a penny over $5.00. Motorists in some parts of the country, especially California, are paying far above that.
Source: ctv business
per gallon gas is here: AAA says U.S. average hits new high

The first Wendy’s restaurant opened in downtown Columbus, Ohio, in 1969.
Source: ctv business
Why Wendy’s founder named his burger empire after his daughter — and came to regret it

The World Trade Organization is facing one of its most dire moments, the culmination of years of slide toward oblivion and ineffectiveness. Now may be a chance to turn the tide and reemerge as a champion of free and fair trade — or face a future further in doubt.
Source: ctv business
WTO looks to reach trade deals with its fate on the line

Soaring gas prices are leaving some motorists stranded mid-drive, as many are unable to afford a full tank of gas.
Source: ctv business
Motorists left stranded on the road as soaring gas prices run tanks on empty

Tesla announced Friday that its board approved a 3-for-1 stock split, its first split since August 2020. The split would need to be approved by shareholders at the company’s annual meeting in August.
Source: ctv business
Tesla stock is about to get much cheaper

A group representing Canadian ranchers says their industry has been unfairly singled out by proposed new regulations that would require packaged ground beef to be sold with a health warning label.
Source: ctv business
Ranchers’ group pushes back against Health Canada’s ‘vilification’ of beef

The Dutch government unveiled goals Friday to drastically reduce emissions of nitrogen oxides to protect the environment, a plan that would lead to major upheavals in the Netherlands’ multibillion dollar agriculture industry and has already angered some farmers.
Source: ctv business
Dutch government angers farmers with tough emission goals

Goldman Sachs analysts downgraded shares of Netflix, eBay and gaming/metaverse giant Roblox to rare ‘sell’ ratings on Thursday. The Goldman Sachs analysts had previously rated these stocks with a lukewarm ‘neutral.’
Source: ctv business
Tech wreck: Goldman Sachs cuts Netflix, Roblox and eBay to ‘sell’

The British government said Friday it will introduce a bill next week to override parts of the Brexit trade treaty it signed with the European Union before the U.K. quit the bloc in 2020. The move will be a major escalation in a festering U.K-EU dispute over trade rules for Northern Ireland.
Source: ctv business
U.K. to introduce bill next week to breach Brexit deal with EU

Starbucks CEO Howard Schultz says his company might not be able to keep its bathrooms open to the general public.
Source: ctv business
Starbucks may close its bathrooms to the public again