Direct Loan Canada Blog

Yahoo Inc. on Tuesday said it plans to pull out of China, citing an ‘increasingly challenging business and legal environment.’ The company said in a statement that its services will no longer be accessible from mainland China as of Nov. 1.
Source: ctv business
Yahoo pulls out of China, citing ‘challenging’ environment

Canada’s main stock index was down in late-morning trading amid losses in the energy and base metal sectors, while U.S. stock markets climbed higher.
Source: ctv business
S&P/TSX composite down in late-morning trading, U.S. stock markets climb higher

The Ontario government has announced that it will increase the provincial minimum wage to $15 per hour next year.
Source: ctv business
Ontario minimum wage will increase to per hour in January

WestJet has suspended about 300 of its employees who did not meet the company’s deadline to be fully vaccinated against COVID-19 — and the workers could be let go next month if their situation doesn’t change.
Source: ctv business
Hundreds of WestJet employees suspended for not being fully vaccinated against COVID-19

American Airlines struggled to fix its operation Monday but still cancelled more than 400 flights as disruptions caused by staffing shortages at the big carrier continued for a fourth straight day.
Source: ctv business
American Airlines plagued by major flight cancellations for 4th day

A pair of public interest advocacy groups have asked the federal telecommunications regulator to delay a public hearing into Rogers Communications Inc.’s deal to buy Shaw Communications Inc.
Source: ctv business
Advocacy groups ask CRTC to delay hearings into Rogers’ deal to buy Shaw

A digital currency based off the popular Netflix series ‘Squid Game’ is trading at US$0 after its creators cashed out, effectively stealing an estimated $2.1 million from investors.
Source: ctv business
Squid Game crypto plunges to US{$permalink} after scammers steal millions of dollars from investors

Coca-Cola Co. is making a multibillion-dollar bet on the sports drink brand BodyArmor as part of a larger push to diversify its offerings.
Source: ctv business
Coke acquires remainder of sports drink BodyArmor for US.6B

About 9,000 New York City municipal workers were put on unpaid leave for refusing to comply with a COVID-19 vaccine mandate that took effect Monday and thousands of city firefighters have called out sick in an apparent protest over the requirement, Mayor Bill de Blasio said.
Source: ctv business
9,000 NYC workers on leave as vaccine mandate takes effect

French and British officials met Monday to talk about fishing, as the deadline for a threatened threatened French blockade of British boats and trucks loomed in just a few hours.
Source: ctv business
Fishing talks held as French blockade of British boats looms