Direct Loan Canada Blog

Baristas and other employees at an Oregon Starbucks have voted to unionize, the first in the state and the latest in a nationwide push to organize the coffee shop chain.
Source: ctv business
Eugene Starbucks first in Oregon to unionize

Gas prices in Ontario are expected take a major jump over the next two days.
Source: ctv business
Gas prices in Ontario are about to take a major jump

JPMorgan Chase kicked off earnings season Wednesday with some bad news: First-quarter profit fell 42 per cent from a year ago, driven lower by Russia’s invasion of Ukraine, high levels of inflation and supply chain problems.
Source: ctv business
JPMorgan kicks off earnings season with bad news

China’s exports rose 15.7% over a year ago in March while imports were flat amid disruptions due to coronavirus outbreaks as the ruling Communist Party enforces a ‘zero-COVID’ strategy to isolate every case.
Source: ctv business
China’s March exports grow despite virus; imports flat

British consumer prices rose at the fastest pace in 30 years last month, fuelled by soaring costs for household energy and motor fuels, the latest grim figures as inflation surges around the world.
Source: ctv business
U.K. inflation rises at the fastest pace in 30 years

The Bank of Canada raised its key interest rate by the highest amount in more than 20 years and warned more rate hikes are coming as it increased its outlook for inflation.
Source: ctv business
Bank of Canada raises key rate to 1 per cent and warns further hikes still to come

Protecting local Boy Scouts of America councils and troop sponsoring organizations from future liability for child sex abuse claims is critical to the U.S. group’s reorganization plan, BSA attorneys told a Delaware bankruptcy judge Tuesday.
Source: ctv business
Future liability releases at centre of Boy Scouts bankruptcy

A cryptocurrency expert was sentenced Tuesday to more than five years in federal prison for helping North Korea evade U.S. sanctions.
Source: ctv business
Cryptocurrency expert gets 5 years in North Korea sanctions case

Elon Musk was sued on Tuesday by former Twitter shareholders who claim they missed out on the recent run-up in its stock price because he waited too long to disclose a 9.2 per cent stake in the social media company.
Source: ctv business
Elon Musk is sued by shareholders over delay in disclosing Twitter stake

Apple CEO Tim Cook blasted regulatory proposals by Congress and in the European Union on Tuesday, arguing that legislation aimed at cracking open the company’s app store will hurt user security and privacy.
Source: ctv business
Apple’s Tim Cook warns of ‘unintended consequences’ in app store antitrust legislation