Direct Loan Canada Blog

Billionaire Ryan Cohen’s investment company bought 100,000 shares of GameStop Corp, according to a regulatory filing on Tuesday, sending the videogame retailer’s shares 16 per cent higher in extended trading.
Source: ctv business
Billionaire Ryan Cohen picks up 100,000 GameStop shares, stock jumps

Aurora Cannabis Inc. is bolstering its premium pot strategy by acquiring TerraFarma Inc., the parent company of Thrive Cannabis.
Source: ctv business
Aurora Cannabis to purchase Thrive Cannabis owner TerraPharma in million deal

The reports, titled ‘Work to Live: Alberta Youth Mobility’ and ‘The Young are Restless: Western Youth Migration,’ state that Alberta had nine per cent fewer 25- to 29-year-olds in 2021 than in 2016.
Source: ctv business
More youth leaving Alberta than moving in for first time in generations: reports

BuzzFeed News announced on Tuesday that its editor in chief is stepping down and the company is offering buyouts to eligible staffers that could turn into layoffs.
Source: ctv business
BuzzFeed News is offering buyouts and three of its top editors have resigned

Prosecutors in New York announced the repatriation Tuesday of US$5 million worth of looted antiquities seized from billionaire hedge fund manager Michael Steinhardt to Israel, where Steinhardt is well known as a patron of cultural institutions.
Source: ctv business
Artifacts seized from U.S. billionaire returned to Israel

Ford is recalling nearly 215,000 pickup trucks and large SUVs in the U.S. and Canada because brake fluid can leak, causing longer stopping distances.
Source: ctv business
Ford recalls F-150 pickups, SUVs to fix brake fluid leak

A strike on Tuesday by security staff at eight German airports — among them Frankfurt, a major intercontinental hub — led to widespread disruption and flight cancellations.
Source: ctv business
Security strike at German airports causes cancellations

China’s ambassador to Sri Lanka said Monday it is considering a request for US$2.5 billion in assistance to help the island nation through a debt and foreign currency crisis.
Source: ctv business
China mulls package to ease Sri Lanka’s economic crisis

Banks have seized US$2 billion in cash from Evergrande, the ailing Chinese real estate developer said Tuesday as it announced a delay to the publication of its annual earnings.
Source: ctv business
Evergrande’s crisis continues: US billion seized, earnings delayed

U.S. stock markets rebounded and Canada’s main index moved further into record territory as investors digested hawkish comments from the head of the U.S. Federal Reserve.
Source: ctv business
North American stock markets rise after investors digest hawkish Fed comments