Direct Loan Canada Blog

Canadian Pacific Railway Ltd. has approached the Kansas City Southern board to reaffirm its interest in taking over the railway after U.S. regulators rejected a key part of Canadian National Railway Co.’s bid.
Source: ctv business
CP Rail reaffirms interest in KCS after U.S. regulator rejects CN’s trust proposal

Members of the OPEC oil producing cartel and allied countries led by Russia signed off Wednesday on gradually increasing production as the global economy and demand for fuel continue to recover from the worst of the coronavirus pandemic.
Source: ctv business
OPEC steadily adds back production as economy recovers

Germany’s central bank says it has been inundated with more than 50 million euros’ (US$59 million) worth of damaged bank notes after deadly floods that hit part of the country in July.
Source: ctv business
German central bank inundated with money damaged in floods

A federal bankruptcy judge prepared to rule Wednesday on whether to accept a settlement between OxyContin maker Purdue Pharma, the states and thousands of local governments over an opioid crisis that has killed a half-million Americans over the last two decades.
Source: ctv business
Judge prepares to rule on Purdue Pharma’s opioid settlement

Stocks edged higher in morning trading on Wall Street Wednesday as investors continue monitoring the latest economic data for a better sense of the economic recovery’s path forward.
Source: ctv business
Wall Street stocks edge higher in a muted start to September

Google is once again postponing a return to the office for most workers until mid-January, in addition to requiring all employees to be vaccinated once its sprawling campuses are fully reopened.
Source: ctv business
Google again delays return to office due to COVID-19 surges

America’s lobster fishing industry will face a host of new harvesting restrictions amid a new push from the federal government to try to save a vanishing species of whale.
Source: ctv business
U.S. lobster fishing will face restrictions to try to save whales

The U.S. Surface Transportation Board has rejected the use of a voting trust agreement in connection with Canadian National Railway Co.’s proposed takeover of Kansas City Southern Railway.
Source: ctv business
U.S. regulator rejects CN’s use of trust in deal to buy KCS

Canadian National Railway Co.’s takeover bid for Kansas City Southern Railway has been thrown into doubt after a U.S. regulator denied its use of a voting trust structure.
Source: ctv business
CN plan to acquire KCS up in air after U.S. regulator rejects voting trust

Digital audits are crucial to guard against potential employers using your online footprint to not hire you, warns one social media expert, who says it’s actually possible to game search engine algorithms to your advantage.
Source: ctv business
‘One search away’: Clear your social media history or risk not being hired, expert warns