Direct Loan Canada Blog

The Canadian Real Estate Association says home sales across the country saw their largest month-over-month increase since July 2020 in October, even as new listings fell by about 20 per cent from a year ago.
Source: ctv business
Month-over-month homes sales see biggest increase since July 2020: CREA

Royal Dutch Shell proposed moving its headquarters from the Netherlands to the United Kingdom and streamlining its structure Monday in hopes of making it easier to move forward in a world transitioning away from a dependence on fossil fuels.
Source: ctv business
Shell wants to move headquarters amid cleaner energy shift

Stocks wobbled in midday trading on Wall Street Monday as the market comes off its first weekly loss in six weeks.
Source: ctv business
Stocks wobble on Wall Street ahead of retailer earnings

An international agreement to reduce coal use dragged Asian coal shares somewhat lower on Monday, but tight supply provided a solid floor for many stocks in a sector that has chalked up huge gains this year.
Source: ctv business
Coal stocks slip after Glasgow climate deal

Source: ctv business
Redfish return sparks Atlantic race to cash in on reopening of commercial fishery

A new report from Statistics Canada has found that incomes for the highest earners grew at a faster pace than everyone else in 2019. The top 0.01 per cent of earners saw their incomes rise 13.9 per cent, compared to 0.8 per cent for those in the bottom 50 per cent.
Source: ctv business
Income growth for high earners vastly outpaced everyone else in 2019: StatCan

U.S. auto safety regulators are looking into a complaint from a Tesla driver that the company’s ‘Full Self-Driving’ software caused a crash.
Source: ctv business
Tesla driver’s complaint about self-drive feature after crash being looked into by U.S. regulators

A group of Amazon.com Inc. workers in New York City’s Staten Island has withdrawn a petition to hold a union election, a spokeswoman for the U.S. National Labor Relations Board confirmed on Friday.
Source: ctv business
Amazon worker group in New York withdraws petition for union vote

Johnson & Johnson, Toshiba and GE announced plans to split into multiple entities this week. The trend may have only just begun.
Source: ctv business
Why giant companies are suddenly splitting into pieces

Tesla Inc top boss Elon Musk sold another block of company shares worth about US$700 million, filings showed on Friday, as the billionaire takes advantage of a meteoric rally that drove the electric carmaker’s value to over $1 trillion.
Source: ctv business
Billionaire Musk sells more shares in whirlwind Tesla stock ride