Direct Loan Canada Blog

Visions of sugar plums have turned into visions of snarled supply chains for some Canadian candy companies this holiday season.
Source: ctv business
Candy cane sellers, chocolate makers hit with holiday supply chain challenges

Source: ctv business
EU proposes rules against shell companies to fight tax abuse

Flooding in B.C. and its impact on potato imports have led McDonald’s to temporarily restrict servings of medium and large orders of fries in Japan.
Source: ctv business
McDonald’s fries shortage in Japan blamed on shipment delays due to B.C. flooding

In interviews with Amazon delivery business owners and drivers and in a review of conversations on an internal Amazon forum, dozens of people who work to deliver Amazon packages said that late-night deliveries are often more dangerous and stressful.
Source: ctv business
Amazon generally delivers later than competitors. That can be terrifying for some of its drivers

The U.S. has opened a formal investigation into a report that Tesla vehicles allow people to play video games on a center touch screen while they are driving.
Source: ctv business
U.S. opens probe into Tesla letting drivers play video games

Asian stock markets followed Wall Street higher Wednesday after U.S. President Joe Biden reassured investors by calling for vaccinations and testing but no travel curbs in response to the Omicron coronavirus variant.
Source: ctv business
Global stock markets rise after Wall St rebounds

Tesla CEO Elon Musk said he had sold ‘enough stock’ to reach his plan to sell 10 per cent of his shares in the world’s most valuable car company, according to an interview released on Tuesday.
Source: ctv business
Tesla’s Musk says he sold ‘enough stock’; slams California for ‘overtaxation’

There’s a federal benefit intended to help workers caught up in pandemic restrictions. Yet, because of the wording in the legislation, no worker can access it as no region is currently designated as ‘under lockdown.’
Source: ctv business
Despite new COVID-19 restrictions, no one is eligible for the new federal benefit

Workers at Kellogg Co’s U.S. breakfast cereal plants voted in favor of a new contract that offers better terms for transitional employees and across-the-board wage increases, ending a weeks-long strike, the company said on Tuesday.
Source: ctv business
Kellogg strike ends as workers approve new labour agreement

Electric and hydrogen-powered truck startup Nikola has agreed to a US$125 million settlement over charges that it defrauded investors after misleading them about its products, technical advances, and financial prospects.
Source: ctv business
EV start-up Nikola settles with US for US5 million