Direct Loan Canada Blog

Sheryl Sandberg is stepping down as chief operating officer of Facebook-parent Meta, the company confirmed on Wednesday.
Source: ctv business
Sheryl Sandberg to step down as COO of Facebook-parent Meta

Warner Bros Pictures Group Chairman Toby Emmerich is stepping down, as Warner Bros Discovery CEO David Zaslav puts his imprimatur on the newly formed media company, two sources say.
Source: ctv business
Warner Bros chairman to step down, MGM studio chiefs to take over

Workers at a McDonald’s restaurant in Massachusetts intentionally put bacon on a fish sandwich that a Muslim woman had ordered for one of her children, a civil rights organization said Wednesday.
Source: ctv business
Complaint: McDonald’s knowingly served Muslim family bacon

The number of bankruptcies filed by Canadian businesses is on the incline, according to the Canadian Association of Insolvency and Restructuring Professionals. One expert warns this surge could signal a growing wave of defaults among businesses in Canada over the months and years to come.
Source: ctv business
Rise in business bankruptcies could signal a wave of defaults to come: expert

A new study conducted by Chartered Professional Accountants of Canada (CPA Canada) finds that Canadians who don’t own homes think home ownership remains far out of reach despite prices cooling slightly across the country.
Source: ctv business
Study finds non-homeowners are pessimistic about buying homes despite cooling prices

The Tim Hortons mobile ordering app violated the law by collecting vast amounts of location information from customers, an investigation by federal and provincial privacy watchdogs has found.
Source: ctv business
Tim Hortons app collected vast amounts of sensitive data: privacy watchdogs

South Africans are feeling the bite of fuel price increases as a result of Russia’s war in Ukraine and the rise in the Brent crude oil price.
Source: ctv business
Ukraine war blamed for fuel hikes in South Africa, continent

Discount carrier Flair Airlines is allowed to keep its licence after the Canadian Transportation Agency concluded on Wednesday the company “is Canadian.”
Source: ctv business
Flair Airlines can stay in the sky after regulator finds company ‘is Canadian’

Businesses in Canada may be eligible to claim hundreds of dollars in credit card processing fees following a multimillion-dollar class action settlement with Visa and Mastercard.
Source: ctv business
New credit card class action allows Canadian businesses to claim rebates of up to ,000

Stocks were moderately lower in midday trading Wednesday after a stronger-than-expected report on manufacturing showed that it’s likely the Federal Reserve will continue to aggressively raise interest rates to slow down the economy and tame inflation.
Source: ctv business
Stocks fall as data shows aggressive growth for economy