Direct Loan Canada Blog

Canadian retail sales were up 1.6 per cent to $57.6 billion in October as new car sales rebounded after two consecutive months of declines.
Source: ctv business
Retail sales up in October but economist warns Omicron pullback likely on horizon

Surging COVID-19 cases brought on by the spread of the Omicron variant have put a damper on the “most wonderful time of year” for small business owners, as multiple provinces reinstate tough public health restrictions.
Source: ctv business
Small businesses again struggling amid capacity limits

The high-profile trial of former Theranos CEO Elizabeth Holmes boils down to a single question: Did she cover up defects in her startup’s blood-testing technology to rip off investors while potentially endangering the lives of unwitting patients?
Source: ctv business
Why Elizabeth Holmes’ trial hinges on intent

Canada’s main stock index was on the upswing on Tuesday after a rocky start to the week with information technology and base metals gaining the most in mid-morning trading.
Source: ctv business
S&P/TSX composite back on the upswing after rocky start to the week

As the Omicron variant of COVID-19 rages across Canada, business owners now fear they’ll have to shut down once more, lay off staff and perhaps even say goodbye to their businesses for good.
Source: ctv business
Small businesses grappling with Omicron, after two years of closures and restrictions

Home office equipment was in high demand during the pandemic’s first wave, but IKEA’s list of their most popular products in 2021 shows the past year was about making home life more comfortable and flexible.
Source: ctv business
IKEA’s popular products list shows a shift toward comfort in 2021

The World Economic Forum is again delaying its much-ballyhooed annual meeting of world leaders, business executives and other elites in Davos, Switzerland, amid new uncertainties about the omicron variant of the coronavirus.
Source: ctv business
Pandemic again forces delay in plans for next Davos meeting

Biogen is slashing the price of its Alzheimer’s treatment in half months after it debuted to widespread criticism for an initial cost that could reach US$56,000 annually.
Source: ctv business
Biogen cuts the price tag on its Alzheimer’s drug in half

A growing chorus of women have been reporting harassment and inappropriate behaviour on LinkedIn and are speaking out on the daily abuse they face while navigating the professional world online.
Source: ctv business
‘It’s not a compliment.’ Women speak out on LinkedIn harassment

Canada’s main stock index started the trading week on a downward spiral amid concerns that surging Omicron COVID-19 cases could dampen economic growth and exacerbate supply chain problems.
Source: ctv business
S&P/TSX composite falls on renewed worries about Omicron as COVID-19 cases surge