Direct Loan Canada Blog

Stocks rose broadly in afternoon trading on Wall Street Tuesday as technology stocks rallied following a weak start.
Source: ctv business
Tech stocks rally after an early loss, leading market higher

A judge has ruled Amazon must reinstate a former warehouse employee who was fired in the early days of the pandemic, saying the company ‘unlawfully’ terminated the worker who led a protest calling for Amazon to do more to protect employees against COVID-19.
Source: ctv business
Judge rules Amazon must reinstate fired warehouse worker

Paramount has agreed to pay US$14.75 million to shareholders of the former CBS in a proposed class action claiming the company’s failure to disclose sexual misconduct allegations against former CBS chief executive Leslie Moonves artificially inflated the value of its stock.
Source: ctv business
Paramount, Moonves settle CBS shareholder #MeToo class action for US.75M

Tesla is in a highly competitive electric car market. It has no chief operating officer. And CEO Elon Musk was already busy juggling leadership roles at SpaceX, The Boring Company and Neuralink before he launched an unsolicited takeover offer for Twitter. That’s a lot of distractions. And it may be one too many for Tesla investors.
Source: ctv business
Why Tesla investors may need to worry about Elon Musk’s Twitter distraction

The spike in jet fuel prices will have to be passed on to passengers — at least in part — even as competition ramps up among discount carriers, says the new president of budget airline Swoop.
Source: ctv business
Swoop airline president says spiking fuel costs mean pricier fares

A Kentucky jury has awarded a man US$450,000 who sued his employer after he asked them not to celebrate his birthday at work — and they did it anyway.
Source: ctv business
Jury awards US0,000 to employee who declined birthday party

The Biden administration is taking a key step toward ensuring that federal dollars will support U.S. manufacturing — issuing requirements for how projects funded by the $1 trillion bipartisan infrastructure package source their construction material.
Source: ctv business
Biden to require U.S.-made steel, iron for infrastructure

Overhauling Canada’s entire energy infrastructure in a short amount of time to meet its target of cutting emissions by 40 per cent below 2005 levels by 2030 represents an unprecedented technical challenge that will cost hundreds of billions of dollars, experts say.
Source: ctv business
Energy transition will be challenging in era of public protests, regulatory hurdles, experts say

Infowars has filed for Chapter 11 bankruptcy protection as the website’s founder and conspiracy theorist Alex Jones faces defamation lawsuits over his comments that the Sandy Hook Elementary School shooting was a hoax.
Source: ctv business
Alex Jones’s Infowars files for bankruptcy in U.S. court

Twitter’s board of directors says it adopted a ‘poison pill’ defense in order to protect the social media platform from “coercive or otherwise unfair” takeover tactics.
Source: ctv business
Twitter says poison pill makes ‘coercive’ takeover difficult